7590 La Jolla, LLC.

Good Law
United States Bankruptcy Court, Central District of CaliforniaDecember 5, 20221:21-bk-11709California3,178 words

Opinion

Trial Court Opinion

I. BACKGROUND

16 On October 18, 2021, 7590 La Jolla, LLC (“Debtor”) filed a voluntary chapter 7 petition. 17 Diane C. Weil was appointed as the chapter 7 trustee (the “Trustee”). Debtor is the owner of real 18 property located at 7570 – 7590 La Jolla Boulevard, La Jolla, CA 92037 (the “Property”). On July 7, 2022, WF filed proof of claim no. 4 against the estate (the “Proof of Claim”), 21 asserting a secured claim in the amount of $115,104.00 and an unsecured claim in the amount of 22 $66,900.14. The unsecured claim was comprised of attorney’s fees in the amount of $45,803.00 23 and interest in the amount of $21,097.14. WF indicated its secured claim was based on a 24 mechanic’s lien recorded against the Property on December 31, 2020 (the “December Mechanic’s Lien”). WF also indicated that, prior to recording the December Mechanic’s Lien, it 27 28 served two California Preliminary Notices (the "Preliminary Notices") on Debtor, general 1 contractor Contained and first deed of trust holder AB Capital. On July 28, 2022, the Trustee filed an objection to WF’s secured and unsecured claims 4 (the “Objection”) [doc. 71]. On August 17, 2022, WF filed…

Sign in to read the full opinion

Create a free account to read the complete opinion text, citation history, and good-law status for this case.