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August 26, 2011

Hurricane Irene Results in Early Closure of Delaware Secretary of State

The Secretary of State Department of Corporations is closing at 12:00 EST as Delaware
has declared a state of emergency due to hurricane Irene.

Our office in Delaware will remain open until 2:00 PM EST (11:00 a.m. PST).
Due to the approach of the hurricane, extraordinary rules apply.
If you have time-sensitive needs please contact your CLAS service representative at
800.952.5696. Although we anticipate reopening on Monday, as this is a rapidly
changing situation the Department of Corporations could be unavailable for several
days. Please remember to allow additional time for documents and filings.

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August 26, 2011 | Permalink | Comments (0) | TrackBack

August 24, 2011


Stern v Marshall: Anna Nicole, Stripped of Legacy, Forces Bankruptcy System to
Rerun Marathon

Thursday, October 6, 2011
The panelists will explore the interpretations and implications of the Supreme Court's
opinion in Stern v. Marshall, undoubtedly the most important bankruptcy decision in 29 years.
Learn how this "narrow" holding is disrupting bankruptcy litigation around the country.
Professors Bussel and Klee were on the brief for E. Pierce Marshall in the Supreme Court
and will share insights into the importance of his victory in this case, and as always,
Ms. Neely will provide her own incisive analysis.

The program will cover, among other issues: the future of bankruptcy courts'
jurisdiction over state law claims; the limits on the power of bankruptcy courts to
enter final judgments; and the practical implications of Stern v. Marshall for
attorneys and judges.
Kenneth N. Klee, Klee, Tuchin, Bogdanoff & Stern LLP
Daniel J. Bussel, Klee, Tuchin, Bogdanoff & Stern LLP
Sally S. Neely, Sidley Austin LLP
Beverly Hilton Hotel
9876 Wilshire Boulevard
Los Angeles, California
6:00 pm - 7:00 pm - Registration and Reception
7:00 pm - 8:00 pm - Program
$70 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

For information on FLC’s events and membership, go to
This activity has been approved for Minimum Continuing Legal Education credit by the
State Bar of California in the amount of 1 hour. The Financial Lawyers Conference
certifies that this activity conforms to the standards for approved educational
activities prescribed by the rules and regulations of the State Bar of California
governing minimum continuing legal education

August 24, 2011 in Programs | Permalink | Comments (0) | TrackBack

Law Firms as Debtors-in-Possession: Lessons and Cautionary Tales

Los Angeles Bankruptcy Forum Presents its September 19, 2011 Program
The Program will address issues that arise upon a law firm's insolvency.
Panel members have served as Trustee, Creditors Committee counsel, Debtor's counsel,
and special litigation counsel in law firm dissolutions and wind downs and in several
high- profile law firm voluntary and involuntary bankruptcy cases, including the
Heller Ehrman, Howrey, Thelan, and Brobeck cases.  They also have
represented numerous law firms in acquiring lawyers in distressed situations.

Peter Gilhuly - Latham & Watkins
Ron Greenspan - FTI Consulting
Edwin B. Reeser, P.C.
Christopher D. Sullivan - Trepel Greenfield Sullivan & Draa LLP
Thomas A.Willoughby - Felderstein Fitzgerald Willoughby & Pascuzzi LLP
Members: $80.00
Non-Members: $100.00
Government: $35.00
At door:  Additional $10.00
September 19, 2011
Doors open 6:00 p.m.
Dinner at 6:45 p.m.
Program at 7:30 p.m.
Lights out 8:45 p.m.
Marriott Hotel Los Angeles
333 S. Figueroa Street, Los Angeles 

(Self-parking at World Trade Center lot across the street after 5:00 p.m.)

Any questions, please  call Pat Garcia at (818) 972-5343

This activity will count for one hour of MCLE credit with the State Bar of California.
The Los Angeles Bankruptcy Forum certifies that this activity conforms to the
standard for approved education activities prescribed by the rules and
regulations of the State Bar of California.

August 24, 2011 in Programs | Permalink | Comments (0) | TrackBack

August 23, 2011

Controversial attorney Gleason apologizes to judge

"Hollywood attorney Kevin Gleason, who called a judge’s opinions 'half baked' and delivered a bottle of wine to the judge’s office, made a limited public apology in court Thursday for his actions."

Read more here.

August 23, 2011 in Current Affairs | Permalink | Comments (0) | TrackBack

GM says bankruptcy excuses it from Impala repairs

"General Motors Co (GM.N) is seeking to dismiss a lawsuit over a suspension problem on more than 400,000 Chevrolet Impalas from the 2007 and 2008 model years, saying it should not be responsible for repairs because the flaw predated its bankruptcy."

Read more here.

August 23, 2011 in Current Affairs | Permalink | Comments (0) | TrackBack

August 22, 2011

Indicted Ex-Fry’s Exec, Now Bankrupt, Owes Tens of Millions to Casinos

"An ex-Fry’s executive indicted on a charge of allegedly trying to shake down the electronics store’s vendors to support a lavish lifestyle has filed for bankruptcy, listing nearly $137 million in debt, much of it to Vegas casinos."

Read more here.

August 22, 2011 in Current Affairs | Permalink | Comments (0) | TrackBack