Phone: 818-827-9000
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Mastro

David Seror

Partner

David Seror

818-827-9000

818-827-9099

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For more than 20 years, David has been a member of the Panel of Chapter 7 Bankruptcy Trustees for the Central District of California.  His emphasis is acting as fiduciary, either as Trustee, Receiver or Assignee for the Benefit of Creditors, or representing such fiduciaries in federal and state Courts.

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Representative Matters

Education

  • Bankruptcy and Insolvency: Chapter 11, Counsel for Debtor and Debtor in Possession with confirmed Plan of Reorganization; Counsel for Creditors’ Committee.
  • Trustees in Bankruptcy: Successfully prosecuted and defended preference and fraudulent transfer actions by Chapter 7 Trustees; effectively liquidated assets in significant environmental Superfund site.
  • Receiver:  Appointed Receiver by Los Angeles Superior Court in liquidation of law firm and administration of eight medical MRI locations; represented Receiver in various state and federal matters, including Receiver appointed to oversee enforcement of judgment in MGA v. Mattel (Bratz litigation).
  • Assignee for Benefit of Creditors:  David has acted as Assignee for Benefit of Creditors, and has represented other Assignees and companies that choose this method to liquidate assets.
  • University of California at Los Angeles, Los Angeles, California, B.A., 1972
  • California Western School of Law, J.D., 1975 (Associate Editor of the California Western International Law Journal, 1974-1975

Admissions, Memberships and Qualifications

Publications & Presentations

  • State Bar of California
  • Los Angeles County Bar Association
  • American Bar Association California
  • U.S. District Court Central District of California
  • U.S. District Court Southern District of California
  • U.S. Court of Appeals 9th Circuit
  • Supreme Court of the United States

“Valuing Exemptions: Debtor’s Myth or Marketplace Reality” published in Thompson/Asparatore’s, Adapting to Changes in Bankruptcy Law: Leading Lawyers on Understanding Recent Bankruptcy Trends, Analyzing Changing Laws, and Developing Client Strategies (2009)

“The ABCs of an Assignment for the Benefit of Creditors (An alternative to Bankruptcy” Ervin Cohen & Jessup, LLP, Bankruptcy Reporter, April, 2010

David is also a frequent speaker on topics relating to bankruptcy, creditors rights and the rights and duties of bankruptcy trustees.