In the Red

APRIL 1, 2019

As discussed in an earlier post called “ Moving Up: Bankruptcy Code Dollar Amounts Will Increase On April 1, 2019 ,” various dollar amounts in the Bankruptcy Code and related statutory provisions were increased for cases filed on or after today, April 1, 2019. This information sheet has a list of all of the dollar amount changes now in effect. The official bankruptcy forms have also been revised to reflect these new dollar amounts.

Bankruptcy 100

Bankruptcy 100

BN Lawyers

APRIL 5, 2019

The initial stage of a Chapter 11 filing is the most crucial and debtors must be ready for the tactics of aggressive creditors and stakeholders jockeying for priority in the restructuring proceedings. As part of this phase, “first day motions” are typically filed on the first day of a case. These motions are to obtain permission to take certain actions necessary to maintain the debtor’s business operations that cannot be taken unless the court first issues an order authorizing the debtor to take

Collateral 52

Collateral Debtor Creditors Bankruptcy 52

Consumer Finance Watch

APRIL 4, 2019

Jonathan M. Robbin, Diana M. Eng , and Namrata Loomba. In Kolbasyuk v. Capital Management Services , LP , No. 18-1260 (2d Cir. 2019), the Second Circuit recently held that a debt collector’s letters informing a consumer of the total present amount of debt owed satisfies Fair Debt Collection Practices Act (“FDCPA”) requirements. The Second Circuit’s decision clarified that, under the FDCPA, collection letters are not required to inform consumers of the debt’s constituent components, or the rates

Fair Debt Collection 40

Fair Debt Collection Debt collector Collections 40

NCBA Law Practice Management Blog

APRIL 1, 2019

Business growth is what everybody wants; but, it’s not easy to manage. Managing people brings with it new duties, and added headaches. Of course, it’s the only way to scale your business beyond yourself. Fortunately, for law firms owners, there are more staffing options now, than you can shake a stick, even if you’re not ready to make the move to hiring an employee.

Law Firms 40

Law Firms Lawyers Creditors 40

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

BN Lawyers

APRIL 1, 2019

A gasoline retailer defaults on its obligations under an ongoing Franchise Agreement that it has with a brand name in the oil & gas industry. What steps are available to the franchisor to protect its economic interests in that particular station or station(s)? How about if the franchisee/retailer files for bankruptcy protection? As the Energy Capital of the World, this is issue is particular relevant in Texas, home to thousands of retailers and dozens of the world’s top brands.

Bankruptcy 52

Bankruptcy Retail Debtor 52