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The aw Report
www.Reederlaw.com
April 2003
The Reederlaw Report is published by David M. Reeder and Reeder Law Corporation. The report brings current, relevant and interesting information on bankruptcy, business reorganization and bankruptcy litigation to our clients, as well as attorneys and financial professionals.
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We want your input: What kind of information do you want to see in Reeder Law Report?
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Help us to deliver articles and reports which you can use. Email David Reeder at reederlaw@aol.com with your suggestions for topics for future issues.
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"Personal and Small Business Bankruptcy Practice in California" (C.E.B. 2003)
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by David M. Reeder
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I am pleased to announce the publication by the State Bar of California, Continuing Education of the Bar (C.E.B.), of the new multi-volume treatise "Personal and Small Business Bankruptcy Practice in California". I am a contributing author to the treatise, having written the chapter entitled "Bankruptcy Law Overview".
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What Happened to the Bankruptcy Reform Act?
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by David M. Reeder
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The Bankruptcy Reform Act of 2001 (the "Act") was passed by both houses of Congress in early 2001. The bankruptcy world prepared for sweeping changes in the law. The only variable was exactly when the law would be signed by President George Bush, and become final.
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Why a Healthy Company Needs a Bankruptcy Lawyer
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by David M. Reeder
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Your sales are up, your balance sheet is strong, your competitive position is unquestioned, and you are current on your financial obligations. Why would your company need a bankruptcy lawyer?
In today's fluid business environment, bankruptcy can affect your business in a number of ways.
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Your customer with a large unpaid balance threatens bankruptcy.
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You are negotiating to purchase a competitor and find that the target company is in serious financial trouble.
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You are sued for recovery of a preference.
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You receive a notice that a company which owes you a substantial amount has filed a bankruptcy case.
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Your tenant files a bankruptcy case.
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A company to whom you assigned a lease files a bankruptcy case.
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Using a Creditors' Committee To Increase Recoveries to Creditors in Chapter 11 Bankruptcy Cases
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by David M. Reeder
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No one likes to hear that a company which owes them money has filed a chapter 11 bankruptcy case. Following the initial frustration, however, comes the question of how to maximize recovery in the case.
Unsecured creditors are understandably hesitant to take any action that appears to be "throwing good money after bad". Conversely, without unsecured creditor participation in the bankruptcy case, the interests of unsecured creditors are left to chance. Neither the debtor, the secured creditors, nor the bankruptcy judge will consider the position of unsecured creditors unless unsecured creditors make their voice heard in the case.
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I have spoken to the following groups in recent months on the following topics:
On December 6, 2002 I made a presentation to the Los Angeles County Bar Association, Real Estate Section entitled The Effect of Bankruptcy on Construction Projects. I was one of two speakers, was panel moderator, and co-authored the written materials. The materials can be found on my website at www.reederlaw.com.
On March 6, 2003, I was one of seven speakers at a full-day seminar put on by Lorman Education Services on California Bankruptcy Practice. The areas that I covered were:
Overview of Chapter 7 (along with Professor Mark Scarberry of Peperdine Law School) , Basics of Chapter 13, and Litigation Relief From Stay Matters (along with Jeffrey Krause of Stutman, Triester and Glatt).
I am available to present in -house programs for law firms and accounting firms. MCLE (State Bar of California) and continuing education credits for accountants (California Board of Accountancy) are available. Courses are also being approved for credit in other states. |
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Visit our website at www.reederlaw.com. The site is continually updated with new articles of interest. Back issues of Reederlaw Report and Trustee Alert are available on the site. Your comments are welcome, since you are the audience, and the content is for your benefit. |
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