Chapter 15 Update
This panel will discuss the latest developments and cases under chapter 15 of the U.S. Bankruptcy Code.
“Wait — You Can Reorganize Under State Law Now?”
This panel will review and discuss the Puerto Rico Public Corporation Debt Enforcement and Recovery Act, which was signed into law on June 28, 2014. The constitutionality of this Act has already been challenged by at least three separate lawsuits brought by different bondholder groups. A special courtroom has been designated in the San Juan Superior Courthouse, and two judges have been specially designated to deal with any filings brought pursuant to this new Act in the Commonwealth Courts. If Puerto Rico can restructure its debts under this state law, will this be an alternative for other states or jurisdictions? Is an alternative to this Act amending the Bankruptcy Code? Will this Act withstand constitutional challenges?
Consumer Workshop IV: Home Issues: Mortgages and Rule 3002 Update
This panel will discuss post-petition HOA dues, HELOCs, noticing, and § 522(f) and 506 motions.
Consumer Workshop III: Practical and Ethical Issues in Succession Planning
This panel will discuss retirement, death, changing area of practice, going out of business, fee splitting and unbundling.