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NCBJ 2022: Post-Pandemic Ethics
Besides sweeping away the competition in ballroom dancing competitions and having been a law school dean at a young age, Prof. Nancy Rapoport is known as the teacher who can make ethics interesting. She gave the keynote address for the Commercial Law ... Read full article
NCBJ 2022: Five Secrets to a Magical Sub-V
Judge Catherine McEwen (Bankr. M.D. Fla.) and panelists David Mawhinney (Bowditch, Framingham, Mass.), Amy Denton Mayer (Stichter Riedel Blain Postler, PA, Tampa, Fl) and Kirk Burkley (Bernstein-Burkley, P.C., Pittsburgh, PA) donned their wizard's ... Read full article
NCBJ 2022: Awards Edition
NCBJ 2022: What's Hot
When the nation's bankruptcy judges, academics and practitioners get together for the National Conference of Bankruptcy Judges, there are certain topics that tend to dominate. This year mass torts were a through line in many of the presentations. A ... Read full article
Fifth Circuit Opinion on Solvent Debtor Illustrates Tension Between Text and Tradition
Bankruptcy opinions tend to rely on two major tools for interpreting the Bankruptcy Code: the statutory text and pre-Bankruptcy Code practice. These two methods came into conflict in the Fifth Circuit's recent opinion in Ultra Petroleum Corp. v. Ad ... Read full article
Fifth Circuit Holds Line on Exculpation Clauses But Offers Some Help
The Fifth Circuit is largely resistant to third party release provisions. The Circuit will enforce a clearly defined third-party release that is not objected to, Republic Supply Co. v. Shoaf , 815 F.2d 1046 (5th Cir. 1987), but will not sustain such a ... Read full article
Chapter 11 Trustee Recovers Enhanced Lodestar for Superior Result
Bankruptcy trustees often perform a thankless job, scrubbing through thousands of no-asset files looking for that one case that will earn them a sizeable commission. While Chapter 7 trustees are paid a commission on funds distributed to creditors, ... Read full article
Another Alex Jones Entity Seeks Bankruptcy Protection
Faced with pending trials to establish liability for defamation, another Alex Jones entity has decided to test the waters of bankruptcy. On Friday July 29, 2022, Free Speech Systems, LLC, the company which actually produces the Alex Jones Show and his ... Read full article
Nevertheless, FERC Persisted
When U.S. Sen Elizabeth Warren continued to speak at the confirmation hearing for AG Jeff Sessions after being cautioned by Majority Leader Mitch McConnell, it gave rise to the feminist slogan, "Nevertheless, she persisted." A new opinion from ... Read full article
What Is the Difference Between Clerical and Compensable?
A short order crossed my desk the other day in In re Preferred Ready-Mix , Case No. 21-33369 (Bankr. S.D. Tex. 6/6/22), Dkt. #207. A creditor filed an application for administrative expense. No one objected. However, the Court reduced the fees requested ... Read full article
Judge Jernigan Debuts Her Second Novel
Judge Stacey C.G. Jernigan is best known for the writing she publishes from her office at 1100 Commerce Street. I was able to locate 270 of her opinions on LEXIS. Some of my favorites are In re Tinsley , 2010 Bankr. LEXIS 4156 (Bankr. N.D. Tex. 20100 ... Read full article
Fiffth Circuit Restricts Rooker-Feldman Doctrine Allowing Race to the Courthouse
The Fifth Circuit has issued a new decision restricting application of the Rooker-Feldman doctrine and repudiating a prior precedent. Miller v. Dunn , Case No. 20-11054 (5th Cir. 6/2/22), which can be found here. Under the new rule, which brings the ... Read full article
Judge Michael Parker Addresses the Dead Debtor Problem
While it is not pleasant to contemplate, sometimes a debtor passes away before his case is completed. This raises the question of whether the case can go to completion and how to complete the financial management class. Judge Michael Parker addressed ... Read full article
Opinion Illustrates Distinction Between Good Practices and Sec. 727 Violation
No attorney wants to see his name mentioned prominently in an opinion. However, if it has to happen, it's better if its something like this: "Chance McGhee is an experienced and competent attorney that has practiced consumer bankruptcy law for ... Read full article
Alex Jones: The Bankruptcy Prequel
While Alex Jones has created a lot of controversy through his decision to play three of his entities into voluntary bankruptcy, this was not his first brush with bankruptcy. In 2020, his ex-wife, Kelly R. Jones, initiated an involuntary bankruptcy ... Read full article
Next Phase of Alex Jones Bankruptcy Gamit Unfolds
When Alex Jones filed bankruptcy for three of his entities holding intellectual property and contract rights, it wasn't immediately clear how these filings would help him resolve his larger legal problems. Now it has unfolded that Mr. Jones is using ... Read full article
The Alex Jones Bankruptcy Gambit
In a widely misunderstood move, Alex Jones and his legal team have put three of his entities that own intellectual property assets into SubChapter V of Chapter 11. The move, if successful, will protect the domain name, infowars.com, and will delay entry ... Read full article
Southern District of Texas Conducts Spring Cleaning of Noticing
Every day bankruptcy clerks sent out millions of required notifications to creditors and parties in interest. Creditors can bypass the paper notification by designating an email address for service pursuant to Fed.R.Bankr.P. 9036. ... Read full article
Fifth Circuit Opinion Illustrates Risks of Class Proofs of Claim
A new opinion from the Fifth Circuit highlights the perils of class proofs of claim, something I recently wrote about here . In West Wilmington Oilfield Claimants v. Nabors Corporate Services, Inc. (Matter of CJ Holding Company) , Case No. 21-20394 (5th ... Read full article
