Ronda Rousey’s coach, Edmond Tarverdyan, failed to appear at his scheduled 341(a) Meeting of Creditors this past Monday as part of his bankruptcy case.
Tarverdyan originally filed for bankruptcy on May 29, but that case was dismissed by the trustee when he failed to appear for a creditor meeting on July 2. He then re-filed for bankruptcy and appeared at a Sep. 2 creditor meeting, but that meeting was continued by the trustee who asked for additional documentation on Tarverdyan’s bank account and “Credit card statements for all accounts over $100,000, most recently filed tax return, loan balance re: Via Monique property.”
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After missing this latest creditor meeting, the trustee notified Tarverdyan:
You failed to appear at the 341 (a) meeting previously scheduled in your matter. You are further notified that in the event you do not appear at said time and place, the Trustee will request that the court dismiss the case pursuant to Local Bankruptcy Rule 1017-2(b).
If the court dismisses Tarverdyan’s case, he would have to re-file and start the bankruptcy process all over again.
Also this week, the trustee received court approval to employ Robert Hessling as his general counsel. Hessling’s job is to assist and advise the trustee in the following:
a. determine the nature, extent and value of the Debtor’s former interest or current interest, if any, in GFC Fitness;
b. avoid any fraudulent and/or preferential transfers, including any transfers involving GFC Fitness;
c. liquidate any property that is recovered as a result of the avoidance of any transfers;
d. prosecute claims objections to the extent that legal issues are involved and that funds are generated for the estate; and
e. take such other legal action that may be necessary and appropriate.
From the outside, it seems that the trustee knows who Tarverdyan is and is suspicious about his ownership, or lack thereof, of Glendale Fighting Club and how he accumulated over $700,000 in debts while claiming only $3,300 in assets. Hessling’s job is to help the trustee get some answers – at the expense of Tarverdyan’s estate.
The newly scheduled Meeting of Creditors, where Tarverdyan will be put under oath to answer questions from the trustee and any creditors in attendance, will take place on Dec. 9 in Los Angeles.
Paul is Bloody Elbow’s analytics writer and former provider of expert witness support in antitrust cases. Follow him @MMAanalytics.
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