Salisian Lee LLP

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Neal Salisian & Stephanie Chau Address Transfer of Assets in Daily Journal

February 23, 2016

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On Thursday, February 18th, the Daily Journal published a piece, co-authored by Partner Neal Salisian and Associate Attorney Stephanie Chau, addressing the issues raised by United States Supreme Court case Husky International Electronics v. Ritz, set to be heard in March.  The case will look at whether debtors can transfer assets for less than equivalent value in exchange, without it being deemed “actual fraud.”  Salisian and Chau argue that “This is not just a play on semantics.  Husky is emblematic of the nuances of bankruptcy law and the consistent tension between the legislature’s efforts to close loopholes in the Bankruptcy cCode and the courts’ authority within that existing statutory framework.” The full article is on the page 8 of the print edition and can be found, bu subscribers, here.

About Our Firm

Founded by managing partners Neal Salisian and Richard Lee in 2010, our multi-practice law firm is based in downtown Los Angeles and caters to clients burdened by complex litigation or seeking legal support at any stage of enterprise development.

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