vol 16, num 4 | November 2018
 
 
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Young & New Members
 
AN ABI COMMITTEE NEWSLETTER
 
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► IN this issue:
 
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Co-Chair Corner
Daniel A. White
 
Daniel A. White
Askew & Mazel, LLC
Albuquerque, N.M.
 
Evan T. Miller
 
Evan T. Miller
Bayard, P.A.
Wilmington, Del.
 
 
As 2018 comes to a close, the Young and New Members Committee (Y&NM Committee) leadership continues to produce a variety of helpful materials and programs, encouraging new and young ABI members to become more active in the organization in the process. Some of the highlights — both past and future — since our update earlier this year include the following.

Conference Programs
At this year’s Winter Leadership Conference next month, the Y&NM Committee is partnering with the International Committee. Organized by Education Directors David Doyle and Brendan Gage, the panel will discuss the advantages and disadvantages of filing bankruptcy under chapter 15 vs. chapter 11 in the U.S. where the prospective debtor is a multinational company, and the potential consequences of each type of filing across the capital structure of the company (e.g., secured creditors, unsecured creditors, equity, etc.). The panelists, all ABI 2017 “40 Under 40” honorees, will contrast the insolvency laws of specific countries with the U.S. Bankruptcy Code, and explain how these comparisons can ultimately guide a company’s decision on whether to file in the U.S. and, if so, under what chapter.

Webinar
On Nov. 28, 2018, at 1:00 p.m. ET, the Y&NM Committee will hold a webinar on the limits of bankruptcy jurisdiction. The presenters will be Joel Gaffney, Ethan Birnberg and Jeff Krause in what should be a spirited discussion. Thanks to Special Projects Leader Laura Coordes for putting this together. Please plan to join!

Newsletters
In June and September 2018, the Y&NM Committee published newsletters featuring five articles, including a primer on bankruptcy jurisdiction by Special Projects Leader Laura Coordes. Other topics related to nonprofit corporations in chapter 11, the disinterestedness requirements of a liquidating trustee and corporate-governance issues. Our Newsletter Editor is Tara Schellhorn, who wrote articles for the newsletter on Rule 60(d)(3) in the bankruptcy context (November 2016) and for the ABI Journal on the appellate standard of review for determining non-statutory insiders (May 2018). Tara has been assisted by Laura Hughes as Vice Newsletter Editor. If you have any interest in writing for the newsletter, please reach out to Tara or Laura.

Hope to see everyone next month at the Winter Leadership Conference!

 
 
 
 
To Be or Not to Be? Counting a Wholly Unsecured Claim in a Chapter 13 Following a Chapter 7
David Jennis
 
David Jennis
Jennis Law Firm 
Tampa, Fla.
 
Daniel Etlinger
 
Daniel Etlinger
Jennis Law Firm 
Tampa, Fla.
 
 
There is a pending Ninth Circuit case to decide whether a wholly unsecured claim should count toward a debtor’s chapter 13 eligibility following a chapter 7. On April 26, 2010, Aleli A. Hernandez (the debtor) filed a chapter 7 bankruptcy case in the U.S. Bankruptcy Court for the Central District of California identifying Chase Home Mortgage and Cadles of Grassy Meadows II, LLC as holding secured claims pursuant to first and second trust deeds, respectively, on real property identified as 22851 Maiden Lane, Mission Viejo, California 92692 (the property). On Aug. 17, 2010, the debtor received a discharge enjoining recovery against her personal liability, but not against her property. Therefore, by extinguishing the in personam but not in rem liability, Chase and Cadles were now foreclosed from pursing collections against the debtor, but not against her property.

On Feb. 5, 2015, the debtor filed a subsequent chapter 13 bankruptcy case again identifying Chase and SW Linear Investment Group, LLC (SWL), successor in interest to Cadles, as holding secured claims pursuant to first and second trust deeds, respectively, on the property. On May 22, 2015, the debtor filed a Motion to Avoid Junior Lien on Principal Residence (the “Avoidance Motion”).

 
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Should You Rely on the BAP? Analyzing the Impact and Authority of Bankruptcy Appellate Panels
Bodie Colwell
 
Bodie Colwell
Preti Flaherty, LLC
Portland, Maine
 
Kaitlyn Husar
 
Kaitlyn Husar
Drummond Woodsum
Portland, Maine
 
 
When drafting a motion or a brief, how much weight should you give an opinion of a Bankruptcy Appellate Panel (BAP)? This article discusses the variation between circuits about the BAP and highlights a selection of cases that analyze the limits of the BAP’s authority.

28 U.S.C. § 158(b) directs each circuit court to establish a BAP, composed of bankruptcy judges of the districts in the circuit, to hear and determine appeals unless there are insufficient judicial resources available in the circuit or the establishment of the panel would result in undue delay or increased cost to parties.

Five circuit courts have established BAPs: First, Sixth, Eighth, Ninth and Tenth. In the circuits that have adopted BAPs, appeals will only be heard by the panel if “the district court judges for the district have authorized the referral of appeals and if the parties to the appeals consent or are deemed to consent through inaction or failure to follow the rules.”

 
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Volo
 

Registration is open for the industry's premier winter event - ABI's Winter Leadership Conference! At this year's event attendees will have the opportunity to mix business and pleasure at a variety of timely educational sessions, networking events, and optional programs - all at the beautiful Fairmont Scottsdale Princess in Scottsdale, Arizona. 

This year, the Young and New Members Committee will be pairing with the International Committee to host a session titled Should We File It Here or There? Venue Options in Cross-Border Cases. Speakers for this session include:

  • Adam C. Ballinger  -  Ballard Spahr LLP; Minneapolis
  • Jeannie Kim  -  Buchalter Nemer, PC; San Francisco
  • Ryan A. Maupin  -  Grant Thornton LLP; New York
  • Zachary H. Smith  -  Moore & Van Allen PLLC; Charlotte, NC

Register now and check back often for added events!

 
 
 
 
The Next Eye On Bankruptcy Airs 11/29/18
 
 
 
abiLIVE webinar series
 
 
 
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