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July Filings Hold Steady

by admin | Mon, 08/09/2010 - 10:56

2007 2008 2009 % 2010 % Jan 55,200 70,300 89,000 27% 102,600 15% Feb 58,800 79,500 102,000 28% 117,800 15% March 73,100 90,400 131,000 45% 159,200 22% April 67,800 93,200 128,700 38% 146,200 14% May 69,900 89,700 120,400 34% 133,500...

California State Bar Bankruptcy Law Advisory Commission

by admin | Tue, 08/03/2010 - 12:53

More shameless self-promotion. I have been appointed for a three year term to the California State Bar Bankruptcy Law Advisory Commission. Starts on September 26, 2010. As my grandson told me in the outfield at a Diamondback's game, "Now we're...

Exemption Fallout from Schwab

by admin | Mon, 08/02/2010 - 10:51

I have filed two chapter 7 cases recently where the debtors have no equity in their home and therefore the California wild card exemption is available to them. In both cases, the debtors owned an interest in a small business...

Circuit Court of Appeals Cases from Last Week

by admin | Sun, 08/01/2010 - 13:00

Still catching up! Third Circuit, 07/13/2010 In re Visteon Corp. Debtor-employer may not terminate provision of retiree health and life insurance benefits without complying with section 1114. Sixth Circuit, 07/22/2010 In re: Darrohn Bankruptcy court's confirmation of chapter 13 plan...

Court of Appeals Cases from Last Week

by admin | Sun, 08/01/2010 - 12:36

Fifth Circuit, 07/07/2010 In re Texas Pig Stands, Inc. Trustee liable for a tax deficiency incurred in running the debtor's business, where the trustee exceeded his authority, violated the plan, and committed willful misconduct, and therefore the Trust Agreement did...

New Bureau of Consumer Financial Protection

by admin | Fri, 07/30/2010 - 10:37

More bureacracy. You can access a nice summary of the Dodd-Frank Act aka the "Wall Street Reform and Consumer Protection Act" here and all 2300 pages of the act here. The new law creates a Bureau of Consumer Financial Protection...

Elizabeth Warren Bibliography

by admin | Fri, 07/30/2010 - 09:56

You can access Prof. Warren's complete bibliography here.

Supreme Court Review - Federal Bar Assn

by admin | Wed, 07/21/2010 - 18:01

ANNUAL SUPREME COURT REVIEW September 30, 2010 Time: 12:00 p.m. - 1:30 p.m. Registration: 11:30 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,...

Circuit Court of Appeals Cases from Last Week

by admin | Fri, 07/16/2010 - 11:35

Third Circuit, 06/29/2010 In re Goody's Family Clothing Inc. "Stub rent" is administrative expense here, section 365(d)(3) does not supplant section 503(b). Sixth Circuit, 07/02/2010 In re Johnson perfection of lender's security interest in truck did not occur until March...

Student Loan Default Rates

by admin | Fri, 07/16/2010 - 11:21

Finally some real statistics. My son is borrowing $49,000 just for the first year at UCLA law (of which I am guaranteeing about 2/3).