SulmeyerKupetz Guides Client to Successful Chapter 11 Sale

Culminating a challenging chapter 11 case, SulmeyerKupetz’s client, The Club At Shenandoah Springs Village, Inc., as a debtor in possession, successfully closed a sale of its sprawling retirement and golf community in Thousand Palms, California, populated by 1,816 homeowners.  The sale was the subject of overbidding by three potential buyers, and the ultimate sales price of $18,025,000 will enable all unsecured creditors to be paid in full, while insuring a significant return to equity holders.  During the chapter 11 case, SulmeyerKupetz was forced to overcome a motion for relief from stay filed by the debtor’s secured lender, and the numerous objections to the sale process filed by the property’s homeowner’s association.  SulmeyerKupetz’s team was led by Daniel Lev, with assistance from Jeffrey Pomerance and Steven Werth.


  • News Archives 2022
  • News Archives 2021
  • News Archives 2020
  • News Archives 2019
  • News Archives 2018
  • News Archives 2017
  • News Archives 2016
  • News Archives 2015
  • News Archives 2014
  • News Archives 2013

Get in contact