In re: Michael Muldoon Elder dba Vorpal Gallery

Action No. 02-30677
Appointment: Chapter 11 Trustee
Northern District of California - Judge Thomas E. Carlson
2003: Appointed Chapter 11 Trustee of Vorpal Gallery a 40 year old bi-coastal retail art gallery with more than 5,600 pieces of owned art appraised at $10 to $16 million. Negotiated insurance, storage and auction agreements, inventoried and created an inventory database, negotiated the San Francisco lease termination, marketed New York owned co-ops for sale at $1.5 and $2 million, negotiated judgment settlement agreement with largest creditor, researched large inventory of consigned works, reconstructed records to prepare tax returns for 2001 and 2002.