All posts in Community

Program on Chapter 11s at UWLA Law School

By | September 11, 2012 | Programs | 10 Comments

Dear Jon:

I will be one of two panelists speaking on September 21, 2012, from 10:00 a.m. to 12:00 noon at the University of West Los Angeles (Chatsworth campus) on chapter 11 issues which are vital, especially to newer practitioners, but which are rarely discussed.  The topics to be discussed include the following:

•           How does the bankruptcy attorney determine if a debtor can solve its problems and reorganize?

•           How does the bankruptcy attorney determine if a company’s principals and leaders can take the company through reorganization?  Chapter 11 cases are difficult for leaders who have a lot to learn and much to unlearn.

•           Do the company’s leaders suffer from common failures of leadership, e.g., entitlement, abdication or other infirmities?

•           How does the bankruptcy attorney help the debtor reorganize before, during and after the chapter 11 reorganization?

•           In a chapter 11 reorganization, which financial numbers and reports matter?  Too often, the bankruptcy attorney lacks a good understanding of the company’s financial numbers when deciding if the business can reorganize.

•           Why does this chapter 11 case matter?  In too many chapter 11 cases, the attorney does not educate the bankruptcy judge why this case matters.  Without educating the judge, the likelihood of a successful reorganization decreases.  What does the bankruptcy attorney need to learn about the debtor in order to make this case matter to the bankruptcy judge?

•           We will review basic concepts and examine first day pleadings. Read more…

Off Topic – Best Article Ever on Insider Trading

By | September 9, 2012 | Current Events | No comments

I am teaching two sections of Business Organizations this year at the University of West Los Angeles, School of Law.  This is the 7th or 8th year in a row for this subject for me.  One of the toughest concepts to teach is insider trading, also colloquially known as Rule 10(b)(5).  Rule 10(b)(5) is called the most famous rule in the world of business law.  It is tough for students to understand because there is this general belief that anyone who buys or sells stock having inside information should be shot.  It is also tough because Rule 10(b)(5) says nothing about trading with inside information.

Prof. Steve Bainbridge, UCLA bus law prof extraordinaire, who is not the easiest guy to understand in the first place, has written a brilliant article laying out the basics of the concept.  Insider Article Bainbridge  The ban on insider trading goes hand-in-hand with fiduciary duties.  Take a look.

10,000th “Hit” Today

By | September 9, 2012 | Current Events | 1 Comment

Thanks to those following this blog.  We started on January 1 of this year and reached 10,000 hits today.  About 3,500 of the hits are from people returning to the blog.  The blog is aimed at bankruptcy lawyers and professionals in the Central District of California so thanks to those who return regularly to get updates on what’s going on.  Jon Hayes

Where Has Civility Gone?

By | September 7, 2012 | Books & Articles | 1 Comment

Article by Lou Esbin, certified bankruptcy specialist.

Michael Gouveia’s Riverside BK Notes

By | September 6, 2012 | Chapter 13, Current Events | 1 Comment

Michael Gouveia’s RIVERSIDE BK Notes

The  Chapter 13’s in September  and October creditors meetings will be at the 12th Street Courthouse.   Yes, you read right.  The 341’s for the weeks of Septmeber 10th, September 17th, September 24th  and now into October are scheduled for 3420 12th street (at the Court house in little room 100a).   The 14th Street/ Martin Luther King Blvd. Bridge on 91 freeway  will be widened starting next week—for two years.  Expect major delays using that exit.  If you are going to the Riverside Bankuptcy Court, use the Mission Inn Blvd. exit (7th street) off the 91 freeway, or exit off the 60 freeway as the 14th Street bridge will go from three lanes down to one.

Federal Bar Association (L.A. Chapter) — Annual Supreme Court Review with Dean Chemerinsky

By | September 6, 2012 | Programs | 2 Comments

ANNUAL SUPREME COURT REVIEW
September 27, 2012
Time: 12:00 p.m. – 1:30 p.m.
Registration: 11:30 a.m.

Featuring UCI Law School Dean Erwin Chemerinsky.
Also Featuring Annual Judge Barry Russell Scholarship Awards.

Location: The Biltmore Hotel
506 S. Grand Ave., Los Angeles, CA
Cost: $75 (FBA Members), $50 (government employees/Clerks/Students) $90 (non members)
Group Registration Fees: FBA member table of 9 $650; Nonmember table of 9 $775
Federal judiciary receive complimentary admission.

UPDATE: Prof. Hayes’ son Cassidy Hunter Hayes will receive the Judge Barry Russell Scholarship Award for excellence in the field of federal practice at UCLA.  So exciting!  We will all be there to cheer him on. 

Inn of the Court – Time to Join

By | September 6, 2012 | Current Events, Programs | 1 Comment

Inn of Court is starting again.  We get a lot of questions about how to join during the year.  Here is the application. Inn of Court Flyer  We are starting up again next month.

It may look expensive, but you are paying for six dinner meetings.  The meetings are fun.  They usually have a skit where an area of bankruptcy is covered.

You will be put in a group with a couple of grey haired lawyers with a lot of experience to whom you can direct questions.

Jill Sturdevant is President and Judges Kwan and Robles are co vice-presidents, attend the dinners and do a lot of chit-chatting.

Come join us!

Dennis McGoldrick

LACBA Program – 9th Circuit Review – Sept 25, 2012 with Judge Julia Brand

By | September 3, 2012 | Programs | No comments
Ninth Circuit Bankruptcy Review 2011-2012
09/25/2012

Presented by: Commercial Law and Bankruptcy Section

Program Information: This program is a survey of published bankruptcy decisions in 2011-2012 from the Supreme Court, Ninth Circuit Court of Appeals, Ninth Circuit BAP, and selected District and Bankruptcy Courts.

Speakers:
Hon. Julia Brand, United States Bankruptcy Court, Central California
M. Jonathan Hayes, Law Office of M Jonathan Hayes

Location: Los Angeles County Bar Association 1055 West 7th Street, 27th Floor Los Angeles, CA 90017

Parking: Self Parking is available for $10.00.

Times: Registration: 11:30 AM Meal/Reception: 11:30 AM -12:00 PM Program: 12:00 PM – 1:00 PM  Read more…

Inland Empire Bankruptcy Forum Program September 22, 2012

By | August 22, 2012 | Programs | 31 Comments
A college of lawyers and others dedicated to the study of bankruptcy and insolvency Nineteenth Annual Survey of Consumer Bankruptcy Law
A distinguished panel will present a survey of recent cases affecting consumer bankruptcy practice with an emphasis on decisions of the United States Supreme Court, the Ninth Circuit Court of Appeals, the Bankruptcy Appellate Panel of the Ninth Circuit and California District and Bankruptcy Courts.
The program fee will include excellent reference materials.
Panelists: Honorable Meredith A. Jury – U.S. Bankruptcy Judge Honorable Scott C. Clarkson – U.S. Bankruptcy Judge Honorable Mark S. Wallace – U.S. Bankruptcy Judge Honorable Wayne Johnson – U.S. Bankruptcy Judge Honorable Mark D. Houle – U.S. Bankruptcy Judge
Moderated By: Arnold H. Wuhrman, Esq. – Serenity Legal Services
Saturday, September 22, 2012
Registration 8:30 a.m. ~ 9 a.m. to 12:30 p.m.
Includes Continental Breakfast
San Bernardino Hilton 285 East Hospitality Lane, San Bernardino 92408
Early Registration with Payment by September 14:
Members $110 – Non-Members $135 – Government Employees $50
(Membership Dues $70) Late Registration after September 14: Add $5 and email info@IEBF.org  to ensure your space.
Cancellation Policy: No refunds after Sept. 14. No Shows will be billed.

Ethics Program – cdcbaa at Southwestern Law School, September 15, 2012

By | August 22, 2012 | Programs | No comments
Bankruptcy Ethics and Malpractice: What Do You Do When You Know Your Client Is Going To Lie Or May Be Subject To Criminal Prosecution?
September 15, 2012
Southwestern Law School – 3050 Wilshire Boulevard – Westmoreland Building – 3rd Floor
Panelists:
  • Jill Sturdevant, Asst. U.S. Trustee, LA
  • Jeff Golden, Ch 7 Trustee
  • John Sheller, Malpractice Defense Expert
  • M. Jonathan Hayes, Moderator

The program is free to members of the Central District Consumer Bankruptcy Attorneys Assn.

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