BAPCPA at 20: Insights on the Law's Impact 20 Years On
CommitteesThe Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) was implemented on Oct. 17, 2005. This panel of experts will provide their perspectives on the impacts of the law on consumer and business bankruptcies in the 20 years since the law went into effect. John Penn of Perkins Coie (Dallas), who served as ABI's president when BAPCPA became law, will be joined by two former bankruptcy judges who were on the bench at the time of the law's implementation to discuss the developments brought about by BAPCPA, and to share their views on potential bankruptcy law reforms moving forward.
Rite Aid: A Chapter 22, the Automatic Stay and Social Costs
Retailers everywhere appear to be filing chapter 22 — even chapter 33 — bankruptcies. This results in multiple litigation questions, the most recent of which pertain to Rite Aid.
The Risky Business Side of Bankruptcy Lawyering: ABI Chapter 11 Reform Commission Recommends Reform Regarding Professional Retention and Compensation
Following a nearly-three-year study, on Dec. 8, 2014, the ABI Commission to Study the Reform of Chapter 11 published a 400-page report containing recommendation and principles for policymakers. This article focuses on chapter 11 reform relating to professional retention and compensation.
The Business Side of Bankruptcy Lawyering
As a business owner, the “business” of lawyering is as equally important as doing good work. Landing the client, obtaining a sufficient retainer, managing the client’s expectations, making sure the client replenishes a retainer, doing the work well at a reasonable cost, and, last but not least, collecting payment.