In re Yihe Forbes, LLC v. City of Chelsea

CourtDistrict Court, C.D. California
DecidedNovember 20, 2025
Docket2:25-cv-05801
StatusUnknown

This text of In re Yihe Forbes, LLC v. City of Chelsea (In re Yihe Forbes, LLC v. City of Chelsea) is published on Counsel Stack Legal Research, covering District Court, C.D. California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re Yihe Forbes, LLC v. City of Chelsea, (C.D. Cal. 2025).

Opinion

2 3 4 5 6 7 8 UNITED STATES DISTRICT COURT 9 CENTRAL DISTRICT OF CALIFORNIA 10 11 In re YIHE FORBES, LLC, No. CV 25-5801 PA 12 Debtor, OPINION ON APPEAL FROM BANKRUPTCY COURT 13 YIHE FORBES, LLC, Bankruptcy Case No. 2:25-bk-12772-NB 14 Appellant, 15 v. CITY OF CHELSEA, 16 Appellee. 17 18 19 Before the Court is an appeal filed by debtor YiHe Forbes, LLC (“YiHe” or 20 “Appellant”). YiHe challenges orders from the Bankruptcy Court granting relief from the 21 automatic stay in favor of appellee City of Chelsea (the “City” or “Appellee”), denying 22 YiHe’s effort to have a court-appointed receiver turn over assets to the bankruptcy estate and 23 YiHe as a debtor in possession, dismissing YiHe’s bankruptcy case, and an in rem order 24 preventing YiHe from benefitting from an automatic stay for two years should it file another 25 bankruptcy case involving the subject property. Pursuant to Rule 78 of the Federal Rules of 26 Civil Procedure and Local Rule 7-15, the Court finds that this matter is appropriate for 27 decision without oral argument. 2 YiHe has owned, since 2014, a collection of adjoining properties in the City of 3 Chelsea, Massachusetts (the “Property”). The Property consists of approximately 18 acres 4 that prior owners used for industrial purposes. The Property is contaminated with hazardous 5 waste and includes several abandoned and delapidated buildings. YiHe endeavored to 6 obtain approvals to build 600 residential units and 20,000 square feet of commercial space 7 on the Property. YiHe states that the Property was appraised for $27,500,000 in May 2021, 8 but delays caused in part by the COVID-19 pandemic caused some of its permits and 9 approvals to lapse despite YiHe’s expenditure of over $8 million on its efforts to develop the 10 Property. 11 In November 2021, the City convened a Board of Survey, which found multiple 12 buildings on the Property to be “abandoned, dangerous to life and limb, open to the weather, 13 structurally compromised and in all instances a serious hazard in case of fire.” In December 14 2021, the City sent to YiHe the results of the Board of Survey reiterating previous orders to 15 demolish the buildings or make them safe. Having received no response from YiHe, the 16 City undertook measures to secure the Property and the buildings on it. In March 2023, the 17 City notified YiHe that the City had incurred expenses of $310,088.25 and that the City 18 would record a lien in this amount on the Property as authorized by statute if the debt 19 remained unsatisfied. The City received no response from YiHe to any of these 20 communications, and on April 6, 2023, the City of Chelsea recorded a lien in that amount. 21 In October 2023, the Massachusetts Department of Environmental Protection sent to 22 YiHe a Notice of Non-Compliance in which it stated that YiHe had failed to conduct 23 required hazardous waste maintenance and monitoring at the Property since November 2018. 24 That same month, one of the abandoned buildings at the Property collapsed. The City 25 ordered YiHe to remedy the collapsed building in May 2024. By August 2024, the City’s 26 Board of Health found the Property to “be unfit for human habitation, pose a nuisance or 27 risk of nuisance, and a risk for accident to the public” and gave YiHe 14 days to begin 2 Massachusetts on September 9, 2024 (“Massachusetts Superior Court Action”). The City 3 intervened in the Massachusetts Superior Court Action on September 19, 2024. YiHe and 4 the Bank resolved their dispute and the City substituted as Plaintiff in the Massachusetts 5 Superior Court Action on October 17, 2024. On November 18, 2024, there was a nine-alarm 6 fire at the Property, which caused various harm in the community, including the suspension 7 of rail service along tracks adjacent to the Property. The City moved to appoint a receiver in 8 the Massachusetts Superior Court Action on November 20, 2024. The Massachusetts 9 Superior Court, over YiHe’s opposition, appointed L. Alexandra Hogan as the receiver (the 10 “Receiver”) on November 22, 2024. 11 In March 2025, the Superior Court authorized the Receiver to obtain an emergency 12 loan from the City to provide funds to secure and patrol the Property. The City has 13 expended more than $300,000 to support the Receiver. Also by March 2025, the Receiver 14 had sought authorization to enter into an agreement with the Massachusetts Audubon 15 Society (the “Audubon Socieity”) for the Audubon Society to purchase the Property for 16 $8,360,000. The Massachusetts Superior Court authorized the Receiver to enter into the 17 agreement with the Audubon Society on March 25, 2025. In approving the sale, the court 18 determined that: 19 • “The defendants have repeatedly claimed that a confirmed buyer will 20 appear. None have to this point.” 21 • “What is needed in this matter is a certain and soon outcome.” 22 • “The property remains dilapidated, a danger to the public and the 23 environment.” 24 • “This offer [from Audubon Society] will repay the taxpayers of 25 Chelsea, clean up the property and provide a reasonable development 26 for the site.” 27 • “Defendants have had ample opportunity to suggest a viable alternative 2 as safe as possible and in finding an actual buyer.” 3 Prior to the Receiver’s negotiations with the Audubon Society, YiHe had retained a broker 4 in September 2024 to market the Property. YiHe claims that the Receiver received other 5 higher offers to purchase the Property in or around March 2025 for $13,000,000, 6 $17,880,000, and $20,000,000. YiHe has appealed the Sale Order and that appeal is 7 proceeding before the Massachusetts Court of Appeal. 8 YiHe filed a Chapter 11 bankruptcy petition in the United States Bankruptcy Court 9 for the Central District of California on April 3, 2025. On April 22, 2025, the City filed a 10 Motion in the Massachusetts Superior Court Action to determine whether the automatic stay 11 in YiHe’s bankruptcy case applied to the case in Massachusetts Superior Court Action. The 12 City’s Motion asserted that all the Receiver’s actions were excepted from the automatic stay, 13 and that the sale to the Audubon Society was an essential part of the exercise of the City’s 14 police and regulatory power. YiHe opposed the Motion, argued that the sale did not relate 15 primarily to matters of public safety and did not effectuate public policy, and that the 16 Bankruptcy Code’s automatic stay prevented the Receiver from moving forward and selling 17 the Property and that the Receiver was instead required to deliver estate property in her 18 possession—namely, the Property—to YiHe. The Massachusetts Superior Court granted the 19 City’s Motion on May 14, 2025. 20 YiHe’s bankruptcy counsel received, on April 24, 2025, an offer to purchase the 21 Property for $20,888,000. On May 8, 2025, YiHe filed a Motion to Require Receiver to 22 Comply with Bankruptcy Code Section 543 (the “Turnover Motion”). On May 13, 2025, the 23 City filed a Motion for Relief from the Automatic Stay, Relief from Turnover, and Dismissal 24 (the “Relief from Stay Motion”) with the Bankruptcy Court. Prior to the June 3, 2025 25 hearing on the Turnover Motion and Relief from Stay Motion, the Bankruptcy Court issued 26 a detailed tentative ruling in the City’s favor. The tentative ruling also indicated the 27 Bankruptcy Court’s conclusion that “in rem” relief was warranted that would prevent an 2 and the parties had not briefed issues related to such a bar. 3 At the hearing, the Bankruptcy Court heard oral argument and then adopted its 4 tentative rulings in full. Among other things, the Bankruptcy Court ruled that: 5 • The City’s exercise of its police and regulatory powers through the 6 appointment of a receiver is excepted from the automatic stay under 7 section 362(b)(4).

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In re Yihe Forbes, LLC v. City of Chelsea, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-yihe-forbes-llc-v-city-of-chelsea-cacd-2025.