When speaking to groups on allowance of attorneys fees in bankruptcy cases, I always say that, regardless of the question, the answer is always: disclose disclose disclose! The Fifth Circuit agrees and has recently denied an attorney an award of fees for his failure to disclose an investment in a group seeking to buy [...]

Happy New Federal Rules Day! The following federal procedural rules have changed:
- Appellate Rules 4, 26, 27, 28, 32, 34, 35, 45, and new Rule 28.1
- Bankruptcy Rules 1007, 2002, 3004, 3005, 7004, 9001, 9006, and 9036
- Civil Rules 6, 27, 45, and Supplemental Rules B and C
- Criminal Rules 12.2, 29, 32.1, 33, 34, [...]

On November 30, over the objection of the United States Attorney’s Office for the Southern District of New York, the Office of the United States Trustee for the Southern District of New York, the Debtors, various banks and others, the U.S. Bankruptcy Court for the Southern District of New York granted a motion by Refco’s [...]