Nominate A CLLA Bankruptcy Professional For the Lawrence P. King Award
The CLLA is looking for nominations for the Lawrence P. King Award, which is presented to a bankruptcy professional at our annual National Conference of Bankruptcy Judges breakfast.
Take Advantage Of The CLLA's New, Expanded Social Networking Options!
The CLLA is excited to announce that we have updated and added to our social networkng options! We now offer several simple, fun ways to connect with other members, receive updates about the CLLA and find out about breaking industry news.
Jonathan Scott of Scott & Scott of Dallas, TX, talks to CLLA's Oliver Yandle about the challenges attorneys and their clients face when dealing with electronically stored information.
CLLA is now on YouTube! Click on the links below
for highlights of the National Meeting in Chicago. You can also subscribe
to the YouTube
Channel MyCLLA (it's free) to get updates when new videos are posted.
According to the Administrative Office of the U.S. Courts' recently released report to Congress on BAPCPA, “2009 Report of Statistics Required by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005,” in calendar year 09, nearly 1.4 million consumer bankruptcy petitions were filed, a 32 %increase over calendar year 2008.
Other report findings:
• Roughly 71% of 09 filings were Chapter 7, up from 08’s 66%;
• Approximately 29% of 09 filings were Chapter 13, down 34 percent from 08; and
• Less than 1% of 09 filings were Chapter 11.
The report also addressed Federal Rule of Bankruptcy Procedure 9011 sanctions imposed against debtors' attorneys for improper or frivolous representations to the court submitted in any petition, pleading, written motion, or other paper.
According to the report, of the 1,060,299 consumer cases examined in the covered period, sanctions were imposed against debtors' attorneys in 9 cases. Sanctions were imposed in 5 Chapter 7 consumer cases, and damages totaling $1,000 were awarded in one case in the U.S. Bankruptcy Court for the Western District of New York.
Of 156,494 Chapter 13 consumer cases examined, sanctions were assessed in 4 cases, with no damages awarded.
No sanctions were imposed in any Chapter 11 consumer cases.
A copy of the report is available: http://www.uscourts.gov/uscourts/Statistics/BankruptcyStatistics/BAPCPA/2009/2009BAPCPA.pdf.
SCAM ALERTS
New Twist on Counterfeit Check Schemes Targeting U.S. Law Firms
CLLA Member is Corporate Counsel Super Lawyer July 2010
July 19, 2010
CLLA Member and Chicago based attorney, Richard M. Bendix, Jr. of Dykema Gossett PLLC is selected as a Super Lawyer in the July 2010 Corporate Counsel Edition.
POSITION PAPERS
Commercial Law League Of America Expresses Opposition To Proposed Bankruptcy Rule Changes
March 02, 2010
In a letter sent to the Committee on Rules of Practice and Procedure in mid-February, 2010, the CLLA's Bankruptcy Section Legislative Committee expressed a strong opposition to the proposed changes, which would require additional supporting information and documentation to be filed with proofs of claim in cases in which the debtor is an individual.
PRESS RELEASES
Commercial Law League of America Executive Vice President Nominated for Association Forum Board of Directors
February 02, 2010
Chicago 2/02/2010 — The Commercial Law League of America is pleased to announce that CLLA Executive Vice President Oliver Yandle, JD, CAE, has been nominated for a position on the 2010-2011 Association Forum of Chicagoland Board of Directors.
Someone once said, "History is written by people who attend meetings, and stay until the end and keep the minutes" -- and the folks who attended CLLA's 116thNational Meeting in Chicago certainly helped write history. The very successful meeting featured outstanding educational programs, passionate discussions about important issues facing the profession and the CLLA, and engaging networking events.
CLLA sponsors ABC
As a sponsor of the American Board of Certification, the CLLA encourages certification of attorneys in business bankruptcy, consumer bankruptcy and creditors' rights law.
Visit the ABC Website to learn more about its specialty programs.
Online Education
Need CLE or perhaps just a refresher course? The CLLA Education site is available 24/7.