Richard W. Riley Mentioned in Law360, “Bankrupt Calif. Developer Seeks OK For Extra DIP From City”
Richard W. Riley, counsel in the firm’s Bankruptcy, Restructuring & Creditors’ Rights practice, was recently mentioned in a Law360 article titled, “Bankrupt Calif. Developer Seeks OK For Extra DIP From City.” The article discusses how SilverRock Development, a California developer in Chapter 11, has asked a Delaware bankruptcy judge to approve up to $2 million in additional debtor-in-possession financing from the city of La Quinta, which had already provided $11 million earlier in the case to maintain the company’s stalled 135-acre resort project.
The city of La Quinta is represented by Richard W. Riley of Pashman Stein Walder Hayden P.C., Bradford F. Englander of Whiteford Taylor & Preston LLP and William H. Ihrke, Samantha Lamm and Travis Van Ligten of Rutan & Tucker LLP.
To read the full article in Law360, click here.