Overview

Chase A. Stone is an Associate in ECJ's Bankruptcy, Receivership, and Creditors' Rights Department.  His practice covers all aspects of insolvency, including bankruptcy, receiverships, out-of-court workouts, and assignments for the benefit of creditors (ABCs).  He advises clients across industries such as retail, cryptocurrency, real estate, as well as mid-sized businesses, individuals, and court-appointed fiduciaries.

Chase has extensive experience representing secured and unsecured creditors in bankruptcy proceedings, as well as individual Chapter 11 debtors.  He regularly handles claim recovery, post-judgment collections, lease assumption and assignment disputes, and adversary litigation, including nondischargeability and preference actions.

Chase also represents court-appointed fiduciaries in partition actions and receivership proceedings, including equity, Health and Safety Code, and rents and profits receiverships.  His work involves shareholder and partnership disputes, fraud or mismanagement cases, corporate insolvency, and managing distressed real estate portfolios.

Before joining ECJ, Chase served as a judicial law clerk for the Honorable Ronald A. Clifford III and the Honorable Victoria S. Kaufman in the U.S. Bankruptcy Court for the Central District of California.

Representative Matters

In re Core Scientific, Inc. (U.S. Bankruptcy Court for the Southern District of Texas) (Case No. 22-90341) – Represented claimants with over $22 million in combined claims to successfully resolving dispute with the debtor regarding calculation of claims.

Celsius Network LLC, et al. (U.S. Bankruptcy Court for the Southern District of New York) (Case No. 22-10964) – Obtained favorable outcome under section 503(b)(3)(D) for award of substantial contribution over objections, including from the Office of the United States Trustee, and assisted in negotiations of plan support agreement.

U.S. Bankruptcy Court for the Central District of California – Successfully negotiated settlement on behalf of individual Chapter 11 debtor, reducing prepetition judgment of $18 million by nearly half and resolving longstanding dispute in favor of the debtor.

U.S. Bankruptcy Court for the Northern District of California/Santa Clara Superior Court – Assisted in representation of court-appointed receiver in claims brought against receiver personally by bankruptcy trustee, reducing liability to $0.

Honors & Affiliations

Community & Professional

Los Angeles Bankruptcy Forum

California Lawyers Association, Business Law Section, Insolvency Law Committee 2024 - 2027

Media & Events

Education

LL.M, UCLA School of Law, Business Bankruptcy

J.D., UC Davis School of Law 

M.S., University of Michigan 

B.A., Oberlin College, with Honors

Admissions

  • California
  • U.S. District Court
  • U.S. District Court, Central District of California
  • U.S. District Court, Eastern District of California
  • U.S. District Court, Northern District of California
  • U.S. District Court, Southern District of California
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