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IN RE MARCIANO

No. 2:09-bk-39630-VK.

446 B.R. 407 (2010)

In re Georges MARCIANO, Alleged Debtor.

United States Bankruptcy Court, C.D. California, Los Angeles Division.

December 28, 2010.

Attorney(s) appearing for the Case

Daniel J. McCarthy , Hill Farrer & Burrill LLP, Los Angeles, CA, for Debtor.

Bradley E. Brook , Law Offices of Bradley E. Brook, Los Angeles, CA, for Joseph Gahs, Steven Chapnick, and Elizabeth Tagle, Petitioning Creditors.

Dare Law , Los Angeles, CA, for U.S. Trustee.

Peter A. Davidson , Ervin Cohen & Jessup LLP, Beverly Hills, CA, for Ad Hoc Committee of Unsecured Creditors.

Memorandum of Decision

VICTORIA S. KAUFMAN, Bankruptcy Judge.

On October 27, 2009, Joseph Fahs, Steven Chapnick, and Elizabeth Tagle ("Petitioning Creditors") filed an involuntary Chapter 11 petition against Georges Marciano ("Marciano"). Petitioning Creditors hold amended judgments ("P.C. Judgments") issued by the Los Angeles Superior Court ("Superior Court") against Marciano aggregating $95.3 million. The Judgments were issued after the Superior Court...

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