Issue 25 of the UST “Watchdog”

New issue of the U.S. Trustee’s “Watchdog” can be read here.

Defense of Complaints to Determine Dischargeability or to Deny Discharge, Notes from the Trenches — cdcbaa Program

cdcbaa — Central District Consumer Bankruptcy Attorneys Association Program

Defense of Complaints to Determine Dischargeability or to Deny Discharge, Notes from the Trenches

March 3, 2012

Speakers: Judge Mitchell Goldberg (RET.); Jeffrey S. Shinbrot, Esq.

Southwestern Law School 3050 Wilshire Boulevard, Westmoreland Building – Room W329, Los Angeles, CA 90010

Parking is $8.00

Registration: 10:00am – 11:00am; cdcbaa Membership Meeting: 10:30 am – 11:00 am; Program: 11:00 am – 1:00 pm

LA Dodgers Disclosure Statement Approved

Judge Sends Dodgers Ch. 11 Plan To The Plate
A Delaware federal judge on Wednesday approved a disclosure statement for the Los Angeles Dodgers LLC’s Chapter 11 bankruptcy plan despite a large number of objections, including one by a fan who suffered severe injuries last year at a baseball game.

Great Article by Jan Hamilton a la Hamilton v. Lanning

Here is a great article by Jan Hamilton about the experience of going to the Supreme Court.  He spent $13,000 alone making copies/printing what he filed with the Supreme Court.  He debated about whether to carry his clothes or his files on the plane with him.  Which would be eaisest to replace if the luggage was lost?  He decided that no clothes was better than no files.   Hamilton-Rhodd Article

24th Annual Insolvency Conference, May 18- 20, 2012

The California Bankruptcy Forum’s Annual Insolvency Conference is being held this year in Rancho Mirage.  The last day to receive the group rate at the Westin Hotel is April 23, 2012.  The brochure can be accessed here.

More on the Forms Modernization Project

I posted a few days ago about the Forms Modernization Project, the efforts to modernize the bankruptcy forms we use.   Prof. Katie Porter has a great post about the project on Credit Slips.  She asked her bankruptcy students to comment on the new forms and the responses are very noteworthy.  For example, one student commented that the means test forms should be first since the rest of the forms are meaningless if you don’t pass the means test.  Another comment was to have separate forms for single filers as so many questions relate to spouses that are unecessary if you are single.

Annual Seminar of the Financial Lawyers Conference for 2012

Financial Lawyers Conference 214 Main Street, #336, El Segundo, CA 90245 · (310) 322-1350 · Fax (310) 615-4581 FOR MORE INFORMATION: www.financiallawyers.org

The Annual Seminar of the Financial Lawyers Conference for 2012 will take place at the Ojai Valley Inn & Spa in Ojai, California, over the weekend of April 20-22, 2012. This year’s Seminar topic is:

Bankruptcy After the Fall: Emerging Issues in the Wake of the Financial Crisis — The bursting of the housing bubble in 2007, the financial panic of September 2008 culminating in the bankruptcy of Lehman and bailout of AIG, and the ensuing and continuing shocks to the global financial system, have created novel stresses on the bankruptcy system. Judges and practitioners in cases such as Lehman, Chrysler, and Madoff, have been required to address and resolve numerous cutting-edge issues, often in very pressured environments. Using a series of hypothetical fact patterns created by our moderator, we shall examine these cutting-edge issues and explore their applicability to the more traditional cases handled by the bankruptcy system.

Read more…

Judge Sheri Bluebond Being Inducted into the American College of Bankruptcy

This is a really significant honor.  The American College of Bankruptcy is an honorary association which admits 20-30 people each year from across the country.  Judge Bluebond will be inducted as part of Class 23 at the annual meeting in Washington DC on March 16-17, 2012.   The flyer is here.  Congratulations Judge Bluebond.

FINANCIAL LAWYERS CONFERENCE — Thursday, March 1, 2012

“Space, The Final Frontier: The Law Governing Standing To Enforce Mortgage Notes and Loans: An Overview of the Transactional, Legal and Bankruptcy Aspects”

The panel will analyze the rules governing the sale and transfer of mortgage notes, including a discussion of the impact of Articles 3 and 9 of the UCC, the recent PEB Report on standing to enforce mortgage notes and relevant caselaw. This will include the Ibanez case from the Supreme Judicial Court of Massachusetts (which triggered the PEB Report by ignoring the UCC entirely), In re Veal from the Ninth Circuit BAP, and other recent cases that address who can enforce mortgage notes and agency issues relating to MERS. The speakers will also address standing issues related to securitization vehicles and syndicated loans, with a focus on the issue of whether individual lenders have standing to enforce as opposed to the relevant servicer or agent. Consideration will also be given to the potential difference between such standing and a lender’s ability to vote on a reorganization plan in a Chapter 11 case. Both transactional and enforcement aspects, including perfection, will be covered.

Speakers: Dennis B. Arnold, Gibson, Dunn & Crutcher LLP; Gabriel R. MacConaill, Sidley Austin LLP; James D. Prendergast, First American and Adjunct Professor at Pepperdine and Loyola

Location: The City Club, 333 S. Grand Avenue, Los Angeles, California

Time: 6:00 pm – 7:00 pm Registration and Cocktail Reception with Appetizers & Buffet; 7:00 pm – 8:00 pm  Program

Cost: $70.00 FLC Member $85.00 Nonmembers $40.00 Lawyers in Gov’t Svc.

Financial Lawyers Conference 214 Main Street, #336, El Segundo, CA 90245 (310) 322-1350 Federal Tax ID# 23-7448511  www.financiallawyers.org

Legal Specialist Exam Results Coming on February 28, 2012

Results letters for the Specialists Exams are scheduled to be mailed on February 28, 2012 via First Class U.S. Mail.  A notice will be posted on the Calbar website when results letters have been mailed.  Results letters will be mailed to the address applicants provided when registering, or to an updated address that was provided directly to the legal specialization department.  No results will be given over the phone, e-mail or fax.  No public list of examinees or results will be posted at any time.

The next exam is October, 2013.  We have started working on the exam.    The rules for becoming a certified specialist are here.  There are only 110 or so certified bankruptcy specialists in California.  A complete list is here.