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IN RE L. SCOTT APPAREL, INC.

Lead Case No. 2:19-cv-01471-ODW [Consolidated with Case No. 2:19-cv-01051-ODW] Bankruptcy Case: 2:13-bk-26021.

615 B.R. 881 (2020)

IN RE: L. SCOTT APPAREL, INC., Debtor. Howard Grobstein as Liquidating Trustee of L. Scott Apparel, Inc., Plaintiff, Appellee and Cross-Appellant, v. Lowell Sharron, an individual, and Beyond Basics, LLC, a California limited liability company, Defendants, Appellants and Cross-Appellees.

United States District Court, C.D. California.

Signed April 13, 2020.

Attorney(s) appearing for the Case

Brian Leslie Davidoff, Keith Patrick Banner, Lori L. Werderitch, Greenberg Glusker Fields Claman and Machtinger LLP, Los Angeles, CA, for Appellant.

Lloyd S. Mann, Mann and Zarpas LLP, Sherman Oaks, CA, for Appellee.

ORDER AFFIRMING THE BANKRUPTCY COURT

I. INTRODUCTION

Appellants and Cross-Appellees Lowell S. Sharron ("Sharron") and Beyond Basics, LLC ("Beyond Basic") (collectively, "Appellants") appeal the Bankruptcy Court's recharacterization of debt as equity. Appellee and Cross-Appellant...

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