Jeffrey S. Goodfried, Partner

Representative Clients and Matters

Breach of Contract, Creditor’s Rights

• Obtained summary judgment in excess of a million dollars in favor of special servicer client against guarantor defendants.
• Obtained summary judgment in excess of a million dollars in favor of holding company against guarantor defendant.
• Recovered more than a million dollars for unsecured creditor after obtaining prejudgment writs of attachment against defendant.
• Receivership cases, In a three year period, obtained throughout California and Nevada about twenty orders for the confirmation of the appointment of a receiver to manage secured real property.

Foreclosure Defense/Wrongful Foreclosures

• Defeated a plaintiff’s motion for injunctive relief to enjoin non-judicial foreclosure of commercial property valued at $4.1 million. Eventually had case dismissed for plaintiff’s failure to plead sufficient facts to state a claim.
• Expunged a lis pendens and settled case on favorable terms to lender.
• Defeated complaint with prejudice after successfully demurring to wrongful foreclosure cause of action.

Judgment Enforcement

• Recovered more than $600,000 for client after obtaining a writ of execution and levying on judgment debtor’s financial accounts.
• Levied on the judgment debtor’s personal residence, and recovered the full judgment amount the day before the sheriff’s sale.
• Obtained injunctive relief against default judgment debtor, forcing debtor to make payments equal to full amount of judgment.
• Obtained bench warrant for debtor’s arrest, causing debtor to make payments under terms of a settlement plan.

Landlord/Tenant

• Obtained judgment for possession of a multiplex movie theater at a major Southern California mall after a contentious trial.
• Obtained a temporary restraining and preliminary injunction enjoining former tenant from removing from premises fixtures and equipment subject to landlord lien.

Creditor Side Bankruptcy

• Represented first secured lender in chapter 11 confirmation battle. First chair on evidentiary hearing re motion to dismiss. Second chair during multiple-day trial. Case settled during trial with a plan favorable to lender.
• Represented first secured lender with a claim exceeding $26 million. Obtained relief from stay for creditor to pursue non-judicial foreclosure, while also defeating plan confirmation after lengthy trial.
• Represented first secured lender with a claim exceeding $8.1 million. Successfully converted case from Chapter 11 reorganization to Chapter 7 liquidation. Obtained relief from stay so client could pursue non-judicial foreclosure.
• Represented first secured lender with a claim exceeding $7.5 million. Obtained relief from stay so client could pursue non-judicial foreclosure of commercial property.
• Successfully obtained relief from stay for first position secured lender on grounds that the Debtor engaged in fraud and bad faith through multiple bankruptcy filings.