East West Bank successfully appeals Ravello confirmation
Clients East West Bank
Jones Day represented East West Bank, one of the largest independent commercial banks headquartered in California, in its successful appeal of Ravello Landing's confirmation order. The appeal resulted in an order reversing the confirmation order and remanding for further proceedings. On January 10, 2011, following a contested hearing, the Bankruptcy Court entered an order denying Ravello's motion to reconfirm its chapter 11 plan. East West Bank has now foreclosed on its collateral.