BankruptcyProf Blog

Jeffrey Turner Commercial Law Program

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

NOTICE OF MEETING
THE JEFFREY S. TURNER MEMORIAL
COMMERCIAL LAW UPDATE

This meeting is jointly sponsored by The Financial Lawyers Conference and
The Los Angeles County Bar Association Commercial Law and Bankruptcy Section,
Commercial Law Committee

Thursday, May 6, 2010

Speakers: Steven O. Weise, Proskauer Rose LLP
Robert Goldschein, Mayer Brown LLP

Location: The Olympic Collection
11301 Olympic Boulevard
Los Angeles, California
click here for map

Time: 6:00pm - 6:45 pm - Registration and Cocktails
6:45pm - 7:30 pm - Dinner
7:30pm - 9:00 pm - Program

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

John Paul Stevens Retiring

Scotusblog.com has announced that Justice Stevens is retiring, "further information to follow."

Circuit Court of Appeals Cases from Last Week

5th Circuit Court of Appeals, March 30, 2010
In the Matter of: Laughlin, --- F.3d ---, 2010 WL -------- (5th Cir. 2010)(for purposes of section 727(a)(2), 1) the court was required to look to Louisiana law in order to determine whether debtor fraudulently transferred "property" or an "interest in property"; and 2) under Louisiana law, a valid pre-petition renunciation of an inheritance interest was not a transfer of the debtor's property under section 727(a)(2)

CJ Roberts Comments at University of Indiana

LA Times article here. WSJ article here. 

Some Quarterly Filing Statistics

	Total	7	11	12	13
3/31/2010	378,400
12/31/2009	366,000	258,100	3,615	145	104,200
9/30/2009	381,500	270,200	3,525	158	107,600
6/30/2009	375,100	270,700	4,338	131	99,900
3/31/2009	330,500	233,500	3,649	102	93,200
Total 2009	1,453,100	1,032,500	15,127	536	404,900
12/31/2008	301,300	202,100	3,175	90	95,900
9/30/2008	292,300	195,200	2,712	89	94,300
6/30/2008	276,500	187,400	1,888	85	87,100
3/31/2008	245,700	158,500	2,012	81	85,100
Total 2008	1,115,800	743,200	9,787	345	362,400
12/31/2007	226,400	137,600	1,793	77	86,900
9/30/2007	218,900	132,000	1,583	71	85,200
6/30/2007	210,400	131,500	1,574	112	77,200
3/31/2007	193,600	117,700	1,406	104	74,400
Total 2007	849,300	518,800	6,356	364	323,700
Statistics from 3/31/09 back come from US Courts.gov;
from 6/30/09 forward from Bankruptcy Data Project

News Flash - Monthly Filings Increase

	2008	2009	%	2010	%
Jan	70,300	89,000	27%	102,600	15%
Feb	79,500	102,000	28%	117,800	15%
March	90,400	131,000	45%	158,000	21%
April	93,200	128,700	38%
May	89,700	120,400	34%
June	89,900	124,800	39%
July	96,400	130,500	35%
Aug	94,300	120,000	27%
Sept	96,200	125,500	30%
Oct	108,900	130,200	20%
Nov	91,400	115,500	26%
Dec	95,900	117,000	22%
	1,096,100	1,434,600	31%