Last Friday, all of our lawyers were able to attend a morning session of the State Bar of Texas Convention which was dedicated to bankruptcy topics. First up, the annual meeting of the now two year old bankruptcy section of the State Bar, followed by several interesting CLE sessions. It used to be [...]

For those of us who have done committee work, there is a big change in the way business will be done in the future, based on the new changes to the bankruptcy law. Because of a requirement that committee counsel share information provided to the committee by the debtor with all of its constituencies, [...]

Over the years I have had many occasions to talk to folks about “how it works in bankruptcy court” which sometimes is not exactly logical. Most often these discussions are with other lawyers. We bankruptcy types can drive corporate types crazy (”you can’t do that, the papers say is it a [fill in [...]

One of the new provisions in the bankruptcy law set to go into effect in October deals with conflicts of interest as related to investment bankers. The rules have been watered down so that it is easier for the large investment banking firms to land bankruptcy engagements. In the past there were conflicts [...]

“During 2004, US households received an estimated 5.23 billion credit card offers according to Mail Monitor?, the direct mail tracking service from Synovate. This was up 22% compared to 2003 and exceeds the previous mail volume record of 5.01 billion offers set in 2001.”
The entire article can be found at the following site: http://www.synovate.com/en/news/press_details.php?id=78

Mike

Last week, I had the opportunity to attend the first “bench/bar” conference for Bankruptcy Judges and attorneys. It was held in San Antonio, Texas, so the drive was easy and the surroundings, once there, were excellent. These seminars have become popular with various other bar associations, but this was the first state wide [...]

New York Court Sanctions Attorney and Lender Client where client relied on its attorney’s advise but Court said it was unreasonable to rely on such advice.

Courts are reluctant to impose sanctions on attorneys or litigants. In fact, Fed.R.Civ.P. 11 and its bankruptcy equivalent, Fed.R.Bankr.P. 9011, are designed to allow attorneys and parties a chance to [...]

Announcing the election of J. Michael McBride to serve on the Board of Directors for The Risk Management Association, North Texas Chapter. If you would like to know more about the RMA, please follow this link: http://www.rmahq.org

JMM, P.C. Team

We are pleased to announce that Leslie Ricketts has been elected to the Tarrant County Bar Association, Women Attorneys Section: Board of Directors Member-at-Large (2005-2006).

JMM, P.C.

Keeping the lights on is one of the most important considerations for a reorganizing business debtor. Without electricity (and other vital utility services), a business attempting to reorganize under Chapter 11 of the Bankruptcy Code is doomed to fail.

Congress recognized the importance of these services and so provided a Bankruptcy Code section [...]