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| vol 14, num 2 | December, 2017 |
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| A Year-End Letter from Your Co-chairs |
This has been another productive year for the ABI Secured Credit Committee. At the Annual Spring Meeting, we were thrilled to pair with the Commercial Fraud Committee to present a session entitled “The rights of Secured Creditors in a Commercial Fraud Case.”
At the recent Winter Leadership Conference, in conjunction with the Unsecured Trade Creditors Committee, we presented a panel entitled “Committee Plan Issues Facing Secured and Unsecured Creditors,” which addressed certain plan issues including gerrymandering, vote incentivization schemes, drop dead provisions, and golden shares. Also in conjunction with the Unsecured Trade Creditors Committee, we hosted a “First Drink On Us” event! Both were well attended and provided great learning and networking opportunities.
In the spring of 2018, we will be pairing with the Asset Sales committee for an informative panel.
Over the course of the coming year, we will continue to identify ways for our committee members to get involved. Newsletter articles are a great way to become involved, so please contact our Newsletter Editor, Michelle Masoner, with your ideas and submissions. We also invite you to share with us any other questions or thoughts that you may have regarding the Secured Creditor Committee or ABI in general.
We look forward to meeting and working with more of you in the future. |
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Is there a way you can quickly peruse the Bankruptcy Code, Rules and local rules? Indeed, there is: ABI’s new and improved law.abi.org site! ABI's Law site has always been the most reliable, up-to-date online Code and Rules, but now it has a new look and brand new features.
As before, ABI members can access, annotate and bookmark the Code and Rules from any device, and Law contains all of the new amendments effective December 1. The newly designed site now also allows members to:
- view local rules for all 50 states and territories (new!);
- read corresponding pertinent Collier case updates (from LexisNexis), Rochelle’s Daily Wire analyses and cross-references from ABI’s Volo site (new!); and,
- cut and paste sections easily into documents and e-mails (new!).
Best of all, Law is portable and always current, so you can reference it whenever and wherever you need it! Visit law.abi.org today! |
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ABI is pleased to announce the inaugural class of its “40 Under40” initiative. The honorees were recognized at a special luncheon during ABI’s 2017 Winter Leadership Conference. Candidates were chosen from both large and small firms from every region of the country, and represent diverse practice areas such as law, finance, consulting, academia, government and more.
A special congratulations to ourABI member committee leaders who were part of the inaugural class!
Take a look at our full list of outstanding honorees!
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| Year-End Giving: ABI Offers Two Ways to Give Back |
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ABI has two great opportunities for those who are looking to give back to their communities. We invite you to offer your year-end giving to one of the tax deductible organizations below.
 The ABI Endowment Fund was created in 1989 to provide resources for research and education. Named to honor late Vice President of Development Tony Schnelling, the Endowment has awarded more than $3 million in grants, prizes and scholarships since its first award in 1990. For more information on the Endowment, click here. To donate now, click here.
 Credit Abuse Resistance Education (CARE) is a national 501(c)3 non-profit that connects bankruptcy and other professionals with young people to teach basic personal finance and encourage smart credit decisions. Founded in 2002, by now-retired U.S. Bankruptcy Court Judge John C. Ninfo II, CARE has grown exponentially and has doubled its chapter presence in the last year.
Financial literacy is crucial to the success of the next generation and your financial support of CARE goes a long way to preparing our future leaders. Donating is easy at www.care4yourfuture.org/care-support.
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| ABI has a new publication aimed at business practitioners and their clients. A Business Creditor’s Guide to Distressed Vendors, Debt Collection and Bankruptcy provides an insider’s look into the options available to help screen a business’s customers, plan for worst-case scenarios, and, if the situation does arrive, efficiently handle the fallout. This book offers background and insight into such matters as why businesses
fail, the Fair Debt Collection Practices Act and other statutes that affect a business’s relationship with its vendors, relevant chapters of the Bankruptcy Code that affect debt settlement, out-of-court alternatives to bankruptcy that might come into play, and several other concepts that business owners should be aware of when dealing with distressed vendors. The book is available for pre-order now, and ships at the end of December. |
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©2017 American Bankruptcy Institute . All rights reserved.
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