Question
Over a year ago, you filed suit against Mofo Cycles, Inc., on behalf of your client, Soichi Dysan. The suit is on an unsecured promissory
Over a year ago, you filed suit against Mofo Cycles, Inc., on behalf of your client, Soichi Dysan. The suit is on an unsecured promissory note. The case was tried two months ago, and you won a verdict in the amount of $1,501,000. On the day after the verdict, four other creditors of Mofo Cycles p. 508filed UCC financing statements and recorded real estate mortgages against Mofo. Eleven days ago, the court entered judgment on your verdict. Yesterday, the judgment became final, and you became entitled to writs of execution or garnishment against Mofo's property. Mofo is still selling motorcycles from its spacious showroom on a major highway. What is your next move? Bankr. Code 303(a) and (b), 547(b), 706(a), 1107(a).
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