American Suzuki Case Reassigned to Judge Scott Clarkson

The hearings on the First Day Motions are set for tomorrow, November 7, 2012, in front of Judge Clarkson at 10:30 a.m.

The various motions can be viewed at www.omnimgt.com/asmc.

American Suzuki Files Chapter 11 in Santa Ana

American Suzuki filed chapter 11 in Santa Ana yesterday, November 5, 2012.  The case has been assigned to Judge Catherine Bauer.  Case No. 8:12-bk-22808-CB.  Debra Grassgreen is counsel for the Debtor.  There are (count em) 22 first day motions not including Debra’s Employment App.  My favorite part of the first day motions in these big cases is the Declaration filed to support the motions.  The Declaration filed in this case is attched here.    Suzuki First Day Dec  It has a fantastic amount of information about the company, the problems, the plans, the people etc.  The debtor has some $220 million of assets and $346 million of debts.  It appears the big problem is the autombile division.  The debtor filed a PLAN with everything else which provides essentially that it will sell all of its assets other than the automotive division to a related entity and then wind down the automotive division.

Judge Kwan cites Jeff Hagen’s cdcbaa Newsletter Article

Congrats to Jeff Hagen.  In the published opinion of In re Dorsey, — B.R. —, 2:12-bk-18895-RK (Bkrtcy, C. D. Ca. July, 2012  Kwan.J.), Judge Kwan, discussing property dumping and whether its “bad faith” and “part of a scheme” when the debtor is oblivious to it, cites Jeff’s article in the cdcbaa newsletter as follows:

“Jeffrey J. Hagen, Property Dumping, Central District of California Bankruptcy Attorneys’ Association Newsletter, Vol. 4, Issue 8, September 2011, at 9, available at http://www.bklawyers.org/files/cdcbaa_Newsletter_V4_I8.pdf.”

Stella Havkin is taking over the editorship reins of the newsletter for this coming year.

Good News at Prober & Raphael

I am spent!  My law firm successfully passed an all day audit by our largest client with “no findings.”  The auditors told us we were the first law firm to come away from their audit with no findings.  I am so proud of each of my employees, all 80 or so!  Awesome job!

Now, we need to be focused on what is coming, this year we will be creating opportunities for felons when opening job positions and will be evaluating their resumes and experiences.

Lee Raphael
Prober & Raphael

Riverside Notes from Mike Gouveia

Riverside Bankruptcy creditor’s meetings moved:  All hearings at 3801 University, Riverside, CA 92501 now

Riverside Public Service Law Corp Needs Volunteers:  Clinic needs bankruptcy lawyers to give advice to pro se clients

Robert Simmons is the managing attorney for the Joint Federal Pro Se Clinic and he needs your help to counsel the pro se bankruptcy clients. Call him at 951-310-5845 to volunteer your time. The clinic is located at the Riverside Bankruptcy building at 3420 12th Street in Riverside. The clinic is open on most Tuesdays and Thursdays from 10:00 am to 2:00 pm. The hours are flexible.  Robert said he needs bankruptcy attorneys and especially those who can advise clients on adversary proceedings.

Secrets to Strip or Avoid Liens:  Arnie Wuhrman teaches you how November 10th

Join us in Riverside on Saturday, November 10th as Arnie shows you the ins and outs of Chapter 13 Lien stripping and Chapter 7 lien avoidance.
Three MCLE units provided. $149 per person

Read more…

Update on Chapter 13 Confirmation Hearings

Below are some statistics I have compiled from Kathy Dockery’s website.  In four days of hearings with Judge Klein and Judge Bason, there were 500 matters on calendar of which 29% were confirmed, 12% dismissed and 54% continued.

Total Confirmed Dismissed Cont’d Moot
NB – 10/11/12 135 38 0.28 19 0.14 74 0.55 4
SK – 10/4/12 105 24 0.23 13 0.12 59 0.56 9
NB – 10/22/12 153 51 0.33 14 0.09 82 0.54 6
SK – 10/18/12 107 34 0.32 16 0.15 55 0.51 2
500 147 0.29 62 0.12 270 0.54 21

9th Annual Bankruptcy Ethics Symposium

Dear Colleagues!

Please find attached a copy of the 9th Annual Bankruptcy Ethics Symposium Flyer which is scheduled for December 14th from 8:30 to 12:00 noon in downtown LA.

Based on our close relationship with the Federal Bar Association, there is a special reduced rate for cdcbaa members. This is always an excellent program!

KEITH HIGGINBOTHAM
2012 cdcbaa President

CM/ECF System Unavailable – Saturday, November 3, 2012, from 8:00 a.m. to 3:00 p.m.

TO ALL USERS RE: CM/ECF System Unavailable – Saturday, November 3, 2012, from 8:00 a.m. to 3:00 p.m.

The Court will be performing network maintenance on Saturday, November 3, 2012, from 8:00 a.m. to 3:00 p.m. As a result, the following electronic systems will not be available:

CM/ECF Live System
CM/ECF training (will not be available to complete homework assignment)
LOU
PACER
VCIS

We apologize for any inconvenience this may cause.

Regards,

ECF Help Desk
(213) 894-2365

Public Notice PN 12-020 Re: General Order Amended To Reflect Changes To Interim Rule 1007-I

ATTENTION

Public Notice PN 12-020 re: General Order Amended To Reflect Changes To Interim Rule 1007-I has been posted on the Court’s website and can be accessed via this link:

http://go.usa.gov/Ywmw

Regards,

ECF Help Desk
(213) 894-2365

New Website for the Central District Bankruptcy Court

If you have not seen it already, the new court website is really nice.