Bankruptcy News (Lexis Blogs)
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Updated: 18 weeks 23 hours ago
US Supreme Court on Justice Holmes' 169th B-day Holds in Milavetz that the Bankruptcy Code's Speech Restrictions on Attorneys Do Not Turn Them into Ruthless Drones
Back in the good old days when bashing BAPCPA was in vogue, I posited here that BAPCPA's "debt relief agency" provisions "look more like an effort to create a consumer bankruptcy lawyer clone who, much like the ever-multiplying Agent Smith from The Matrix-R
Navigating the Ethical Pitfalls of Social Media
The proliferation of social media as a vital tool in business and personal communication presents many ethical traps for lawyers and their clients. At what point do conflicts of interest dictate who makes your friend-list? How much can you discuss your current business without violating confident
(… still more) Legal Industry Predictions for 2010
I was going to write something clever here but … screw it. This is what I think is going to happen in 2010.
Big law firms lose clients due to high overhead and lack of value
Small law firms pick up the clients and their profitability jumps
Unemployed grads go solo en
What’s New in the Legal Information World: Lexis for Microsoft Office
This year's Legal Tech is proving to be the hotspot of excitement in the world of legal information. LexisNexis announced a partnership with Microsoft to put legal research right at your fingertips, in the applications many of us use most. ABA Journal.com &nbs
Treatment of IP Licenses in Bankruptcy: Advance Preview of My PLI Seminar Outline
The best thing about tight deadlines is the moment they finally come to an end. My latest race against time was to complete this 50 page outline (including appendices) for a Practicing Law Institute (PLI) presentation, entitled Treatment of IP Licenses in Bankruptcy , that I'm
Demand for Bankruptcy Attorneys Still Exceeds Supply
In the last installment of My Law Office we outlined some of the reasons recent law school graduates and inductees to the bar would consider bankruptcy law as their area of concentration. Since then some readers asked whether too many lawyers had not already chosen bankruptcy as their area of conc
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Recent Law School Grad? Open a Bankruptcy Practice!
With the economy still reeling from the financial crisis and unemployment at over 10%, bankruptcy is one area of the law that is not suffering. Sure, the economy will recover eventually, but that does not mean that the need for bankruptcy attorneys will disappear.
Some of the rea
I (Still) Get No Respect
Let’s face it: Twitter, Facebook, and LinkedIn squandered their potential. Instead of becoming knowledge or trade hubs for professionals, including bankruptcy attorneys, they’re essentially virtual singles bars. All 3 of these networks are so choked with ads, scams, and come-on
US Supreme Court Drops Bombshell "Summary Disposition" Vacating 2d Circuit's Chrysler Decision
Hard to ignore today's bombshell summary disposition by the US Supreme Court today on the Indiana Pension Funds' appeal of the Second Circuit's decision in Chrysler (see earlier discussion of case here ). Clearly, however, the Court's six line summary disposition tossing the
LexisNexis Survey: Legal Community Deeply Divided On Business Issues, Impact Of Economic Downturn, Future Of The Industry
A new national survey reveals deep divisions between corporate counsel and private practice attorneys over the current state of the legal industry, the impact of the economic downturn and what the future holds for the law firm business model. The just-released State of the Legal Industry Survey was
Number of Prepackaged Bankruptcy Filings Tripled in 2009
According to an analysis from BankruptcyData.com , the number of prepackaged bankruptcy filings has tripled in the past year. There were 30 such filings in 2009, as compared to only 10 in 2008.
In a prepackaged bankruptcy, the debtors and certain required majorities of each class o
