Calif. Ruling May Open Bankruptcy Trustees To Tort Liability

Law360

By Jarrett Osborne-Revis

The California Second District Court of Appeal decided a case in October that could reverberate throughout the receivership and bankruptcy industries.

The case, Breanne Martin v. Leslie Gladstone, comes at an inopportune moment as bankruptcy proceedings and receiverships — particularly for distressed commercial real estate entities — trend upward in California.

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