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November 13, 2010

Subprime Mortgage Pioneer C-Bass Files Bankruptcy

Read the article here.

November 13, 2010 in Current Affairs | Permalink | Comments (0) | TrackBack

November 12, 2010

Bankruptcy Community Holiday Party at the Roybal Federal Building

Los Angeles Bankruptcy Forum
Financial Lawyers Conference
LACBA Commercial Law and Bankruptcy Section
Central District Consumer Bankruptcy Attorneys Association and
Beverly Hills Bar Association Bankruptcy Comittee

Invite you to a Holiday Party at the Roybal Federal Building on December 13, 2010 6:00 p.m. - 8:00 p.m.
 
Support the efforts of Public Counsel, Bet Tzedek, Neighborhood Legal Services, The Legal Aid Foundation of Los Angeles and others who contribute to those in need of bankruptcy-related services in our community. 

Edward R. Roybal Federal Building
255 East Temple Street
Los Angeles, CA 90012

$100 for Members
$125 for Non-Members
$35 Government
Registration at Door - Additional $25

Network with your professional colleagues and bankruptcy judges.  All net proceeds from the event will be donated to participating pro-bono organizations.

To register on-line visit Holiday Party Registration www.labankruptcyforum.org

November 12, 2010 | Permalink | Comments (0) | TrackBack

Bow Ties: Who Wore It Best?

"Every year, the members of the Central District Consumer Bankruptcy Attorneys Association recognizes an attorney, trustee, or judge for their exemplary efforts affecting consumer debtors. The award presented is the Calvin Ashland Award. This year's honor was awarded to Chapter 13 Trustee of the year, Kathy A. Dockery.  Aside from the incredible honors, I noted the scuttle but about bow ties being appropriate for this occasion."

Read the article here.

November 12, 2010 in Current Affairs | Permalink | Comments (0) | TrackBack

November 11, 2010

Developer of Bundy Village Medical Complex Files for Bankruptcy Protection

Read the article here.

November 11, 2010 in Current Affairs | Permalink | Comments (0) | TrackBack

AVP Beach Volleyball Tour Files for Bankruptcy

Read the article here.

November 11, 2010 in Current Affairs | Permalink | Comments (1) | TrackBack

November 9, 2010

Tribune Seeks Approval of Bonus Plan

"The Tribune Co. is asking a Delaware bankruptcy judge to approve up to $43 million in bonuses for top executives and managers this year."

Read the article.

November 9, 2010 in Current Affairs | Permalink | Comments (0) | TrackBack

Bankruptcies Soar -- But Not For Businesses

Read the article here.

November 9, 2010 in Current Affairs | Permalink | Comments (0) | TrackBack

November 8, 2010

Judge Merideth Jury Reappointment

The Ninth Circuit is seeking comments on the proposed reappointment of Judge Merideth Jury.  She certainly has my vote.  The announcement is here

November 8, 2010 in Judicial Announcements | Permalink | Comments (0) | TrackBack

October Filings Hold Steady

  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 11%
June 67,300 89,900 124,800 39% 133,850 7%
July  69,100 96,400 130,500 35% 134,600 3%
Aug 77,100 94,300 120,000 27% 135,600 13%
Sept 67,500 96,200 125,500 30% 134,000 7%
Oct 81,200 108,900 130,200 20% 129,700 0%
Nov 74,200 91,400 115,500 26%    
Dec 65,900 95,900 117,000 22%    
  827,100 1,096,100 1,434,600 31% 1,327,050  

Thanks to the Bankruptcy Internet Project.

November 8, 2010 in Bankruptcy Statistics | Permalink | Comments (0) | TrackBack

November 7, 2010

Court of Appeals Cases from Last Week

United States First Circuit, 11/02/2010
In re Net-Valazquez, --- F.3d --- (1st Cir. 2010) 
Creditor's garnishment of funds affirmed as preference: 1) because the creditor neglected to squarely raise its arguments before the bankruptcy court, it has waived them; and 2) the equities do not heavily preponderate in favor of allowing the new arguments.

Court of Appeals of New York, 11/04/2010
Kirschner v. KPMG LLP, No. 151
In a derivative action against accounting firms by the litigation trustee for allegedly aiding and abetting fraud, in response to questions certified by the Second Circuit, the court declined to alter its precedent relating to in pari delicto, and imputation and the adverse interest exception, as it would have to do to bring about the expansion of third-party liability sought by plaintiffs here.

November 7, 2010 in Other Circuit Briefs | Permalink | Comments (0) | TrackBack