IN RE L. SCOTT APPAREL, INC.

Lead Case No. 2:19-cv-01471-ODW [Consolidated with Case No. 2:19-cv-01051-ODW] Bankruptcy Case: 2:13-bk-26021.

615 B.R. 881 (2020)

IN RE: L. SCOTT APPAREL, INC., Debtor. Howard Grobstein as Liquidating Trustee of L. Scott Apparel, Inc., Plaintiff, Appellee and Cross-Appellant, v. Lowell Sharron, an individual, and Beyond Basics, LLC, a California limited liability company, Defendants, Appellants and Cross-Appellees.

United States District Court, C.D. California.

Signed April 13, 2020.


Attorney(s) appearing for the Case

Brian Leslie Davidoff , Keith Patrick Banner , Lori L. Werderitch , Greenberg Glusker Fields Claman and Machtinger LLP, Los Angeles, CA, for Appellant.

Lloyd S. Mann , Mann and Zarpas LLP, Sherman Oaks, CA, for Appellee.


ORDER AFFIRMING THE BANKRUPTCY COURT

I. INTRODUCTION

Appellants and Cross-Appellees Lowell S. Sharron ("Sharron") and Beyond Basics, LLC ("Beyond Basic") (collectively, "Appellants") appeal the Bankruptcy Court's recharacterization of debt as equity. Appellee and Cross-Appellant...

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