Shareholder Louis Gonzalez Quoted in Davis Enterprise re DACHA’s Ongoing Saga

In the latest chapter of the Davis Area Cooperative Housing saga, the limited-equity co-op has been jerked out of foreclosure proceedings and plunked into involuntary bankruptcy. … Louis Gonzalez, attorney for Twin Pines and Neighborhood Partners, said the trustee will determine whether DACHA can repay all, some or none of the debt owed to its creditors. At the end of the months-long process, a federal judge will decide whether to approve the trustee’s plan, Gonzalez said.

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