{"id":1478,"date":"2023-11-03T12:20:13","date_gmt":"2023-11-03T16:20:13","guid":{"rendered":"https:\/\/blogs.duanemorris.com\/cannabis\/?p=1478"},"modified":"2023-11-03T12:20:13","modified_gmt":"2023-11-03T16:20:13","slug":"bankruptcy-court-sides-with-cannabis-business-twice-in-reorg-plan","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/cannabis\/2023\/11\/03\/bankruptcy-court-sides-with-cannabis-business-twice-in-reorg-plan\/","title":{"rendered":"Bankruptcy Court Sides With Cannabis Business (Twice) in Reorg Plan"},"content":{"rendered":"<p><a title=\"Lawrence J. Kotler\" href=\"https:\/\/www.duanemorris.com\/attorneys\/lawrencejkotler.html\" target=\"_blank\" rel=\"noopener\">Lawrence Kotler<\/a> and <a title=\"Ryan Spengler\" href=\"https:\/\/www.duanemorris.com\/attorneys\/ryanspengler.html\" target=\"_blank\" rel=\"noopener\">Ryan Spengler<\/a> authored <em>The Legal Intelligencer<\/em> article, &#8220;Bankruptcy Court Sides With Cannabis Business (Twice) in Reorg Plan.&#8221;<\/p>\n<p>&#8220;In contrast with a majority of bankruptcy courts that routinely dismiss cannabis-related cases for perceived violations of the Controlled Substances Act (CSA), the U.S. Bankruptcy Court for the Central District of California in the recent opinion<em>\u00a0In re Hacienda,<\/em> No. 2:22-BK-15163-NB, (Bankr. C.D. Cal. July 11, 2023), refused to conform to the same historical standard. Instead, the Bankruptcy Court struck down the U.S.\u00a0trustee\u2019s motion to dismiss not once but twice in favor of confirming a marijuana business\u2019 Chapter 11 plan of reorganization.&#8221;<\/p>\n<p><a href=\"https:\/\/www.duanemorris.com\/articles\/bankruptcy_court_sides_with_cannabis_business_twice_reorg_plan_1123.html\" target=\"_blank\" rel=\"noopener\"><strong>Read the full article.<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lawrence Kotler and Ryan Spengler authored The Legal Intelligencer article, &#8220;Bankruptcy Court Sides With Cannabis Business (Twice) in Reorg Plan.&#8221; &#8220;In contrast with a majority of bankruptcy courts that routinely dismiss cannabis-related cases for perceived violations of the Controlled Substances Act (CSA), the U.S. Bankruptcy Court for the Central District of California in the recent &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/cannabis\/2023\/11\/03\/bankruptcy-court-sides-with-cannabis-business-twice-in-reorg-plan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Bankruptcy Court Sides With Cannabis Business (Twice) in Reorg Plan&#8221;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[81,1029,42,1026,1028,1027],"ppma_author":[714],"class_list":["post-1478","post","type-post","status-publish","format-standard","hentry","category-general","tag-bankruptcy","tag-creditors","tag-csa","tag-larry-kotler","tag-reorganization","tag-ryan-spengler"],"authors":[{"term_id":714,"user_id":6,"is_guest":0,"slug":"duanemorris3","display_name":"Duane Morris","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/843ff6e7a8fe5fc92109b47a45f34b6cf0ea499e6e788db23456c838b0ae6747?s=96&d=blank&r=g","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/posts\/1478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/comments?post=1478"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/posts\/1478\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/media?parent=1478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/categories?post=1478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/tags?post=1478"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/cannabis\/wp-json\/wp\/v2\/ppma_author?post=1478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}