Profile

Kathy Phelps

Partner,
Raines Feldman LLP

Contact Details

Partner,
Raines Feldman LLP
1800 Avenue of the Stars, 12th Fl
Los Angeles, CA 90067
United States
Work: (310) 424-4080
Mobile: (310) 488-4883

Years of Experience

21 - 30

Professional Bio

Kathy Bazoian Phelps has been a lawyer since 1991 and is currently a partner at Raines Feldman LLP in the Los Angeles office. In addition to individually serving as a fiduciary in certain matters, Kathy practices in the area of insolvency law, fiduciary representation, and fraud litigation, where she represents federal equity and state court receivers and bankruptcy trustees. Kathy frequently serves as special litigation counsel for fiduciaries and interested parties in fraud-related litigation, cases arising out of receivership and bankruptcy as well as parallel criminal and civil forfeiture proceedings. She is particularly knowledgeable about the administration of Ponzi scheme cases and has extensive litigation experience in claims arising in these types of cases. Kathy has lectured widely and written on bankruptcy and receivership matters, with a focus on Ponzi schemes. Her book entitled The Ponzi Book: A Legal Resource for Unraveling Ponzi Schemes, co-authored with Hon. Steven Rhodes, has garnered national and international attention as the authoritative work on Ponzi scheme law. In addition to her roles as lawyer, speaker and author, Kathy also serves as a mediator and is currently on the mediation and arbitration rosters for the Financial Industry Regulatory Authority, as well as the Bankruptcy Mediation Panel for the Central District of California and the Bankruptcy Mediation Panel for the District of Arizona. Kathy’s personal interests and accomplishments include extensive travel and the study of the Chinese Mandarin language.

Company Description

Raines Feldman is a national firm focusing on complex and high-stakes business cases with a receivership and bankruptcy practice focused on complex business cases. The firm has deep experience in real estate transactions and also in labor and employment, intellectual property and litigation. The firm's lawyers have decades of experience in restructurings, fiduciary representation, and bankruptcy and commercial litigation throughout the United States. The firm's clients include trustees, liquidating trustees, receivers, creditors, creditors’ committees, corporate debtors, and litigants in insolvency proceedings. The cases the firm handles cross a host of industries, including finance, hospitality, online commerce, private equity, real estate, intellectual property and restaurants.

Number of Times Appointed a Receiver

2-5

Lead Roles in Federal Receiverships

  • Principal (Lead) Counsel
  • Receiver

Other Roles in Federal Receiverships

  • Counsel on Principal Counsel's Team
  • Local Counsel
  • Other Counsel Role

Receivership Experience in these USDC Courts

  • California Central
  • California Northern

Receivership Experience with these Agencies

  • Commodity Future Trading Commmission
  • Federal Trade Commision
  • Securities and Exchange Commission

Sizes of Federal Equity Receiverships

  • $25 Million +

Federal Equity Receivership Cases on which I have Worked

  • 1. SEC v. Bivona et al., Case No. 3:16-cv-01386-EMC (N.D. Cal.) (Receiver) 2. CFTC v. Denari Capital LLC, et al., Case No.19-cv-07284-EMC (N.D. Cal.) (Receiver) 3. SEC v. Direct Lending Investments, LLC, Case No. 2:19-cv-02188-DSF-MRW (Lead Counsel) 4. SEC v. Capital Cove Bancorp, LLC, et al., Case No. CV15-00980-JLS(JCx) (C.D. Cal.) (Lead Counsel) 5. SEC v. Secured Capital Investments et al., Case No. CV15-01792-VAP(KKx) (C.D. Cal.) (Lead Counsel) 6. SEC v. Diversified Lending Group, Inc., Case No. 09-01533-R-(JTLx) (Lead Counsel) 7. FTC v. Allied Wallet, Inc., et al., Case No. 2:19-CV-4355-SVW-E (C.D. Cal.) (Lead Counsel) 8. FTC v. First Time Credit Solutions, Corp, et al. Case No. CV15-01921 (DDP (PJWx) (Lead Counsel)

Roles in Other (Non-Federal) Equity Receiverships

  • Counsel to Creditor Appointed Receiver
  • Counsel to State Court Appointed Receiver
  • Expert Witness
  • Mediator

Industry Specialties

  • Banking
  • Blockchain/Cryptocurrency
  • EB5
  • Fiduciary Management
  • Finance
  • International Issues
  • Multi-Level Marketing
  • Other
  • Real Estate
  • Securities

Types of Services or Products Your Company Provides

  • Insolvency Restructure
  • Legal Services/Litigation
  • Real Estate

Professional Certifications

  • Fellow, American College of Bankruptcy (2016) Board of Directors, NAFER Board of Directors, American Bankruptcy Institute Board of Directors, California Receiver Forum Editor in Chief, "Receiver News" Co-Chair, Conference Committee, NAFER Chair, Judicial Outreach Committee, NAFER Co-Chair, Commercial Fraud Committee of American Bankruptcy Institute (2015 - 2017) Certified Mediator on volunteer panel for U.S. Bankruptcy Court for the Central District of California FINRA mediator and arbitrator

Other Professional Associations

  • American Bankruptcy Institute American Bar Association California Receivers Forum National Association of Federal Equity Receivers National Association of Bankruptcy Trustees Beverly Hills Bar Association Los Angeles Bankruptcy Forum Los Angeles County Bar Association Armenian Bar Association

Education

UCLA Law School (J.D. 1991) Pomona College (1988)

LinkedIn Profile

https://www.linkedin.com/in/kathy-bazoian-phelps-58641111