Photo of Jamie P. Dreher

As the firm’s lead bankruptcy attorney, Jamie advises and represents debtors, creditors committees, and both secured and unsecured creditors in financial restructuring, commercial litigation, and planning for and navigating complex corporate reorganizations and Chapter 11 bankruptcy cases.  Read More

On March 23, 2017, at the request of a certified question from the U.S. Ninth Circuit Court of Appeals, the California Supreme Court answered the age-old question – “what gives”?

That is to say, what gives – the impenetrable wall of a spendthrift trust or the ability of a bankruptcy trustee to tap trust funds for the benefit of the bankruptcy estate?  The answer is neither really, but our state Supreme Court did clarify the appropriate reach of creditors into trust-protected assets in light of what the Ninth Circuit observed as “opaque” statutory provisions in the California Probate Code.