Young And New Members Committee


Post date: Monday, June 08, 2020

Most bankruptcy professionals know that “retirement funds” are generally exempt assets under § 522(d)(12) or 522(b)(3)(C). However, those funds must meet very precise requirements to meet this qualification. Specifically, the funds must be “retirement funds,” and they must be held in an account that is exempt from taxation under certain sections of the Internal Revenue Code.

Post date: Tuesday, June 02, 2020
Photo of Alexander E. Porter
Alexander E. Porter

Dischargeability of student loans is a “hot button” issue in both the bankruptcy world and mainstream media. In fact, last September another colleague wrote about the history of student loan dischargeability, and the current obstacles borrowers face.[1] Since that article, the U.S.

Post date: Wednesday, May 13, 2020

Companies in crisis are facing major challenges. Not only do they have to negotiate with stakeholders about their restructuring contributions and restructuring loans, they also have to make what are often difficult decisions on a wide range of legal issues.

Post date: Wednesday, May 13, 2020

One thing that Toys “R” Us, Sears and Forever 21 have in common is that all three cases are administratively insolvent.[1] Vendors who extended credit to the debtor after the petition date, in reliance on the debtor’s assurances that it had adequate “DIP” financing to justify new credit terms, got stuck a second time when there were in

Post date: Monday, December 23, 2019

At the Annual Spring Meeting in April, the committee hosted a panel that discussed the ins and outs of choosing a venue in which to file, including circuit splits on pertinent areas of law, variations in local rules, and the amorphous “comfort” level that some practitioners have with some jurisdictions over others.

Post date: Monday, November 25, 2019

The Bankruptcy Code addresses competing claims of creditors against the assets of a debtor.

Post date: Monday, November 25, 2019

Imagine this scenario: A judgment is won, the defendant filed for bankruptcy, but the judgment creditor missed the deadline to file a complaint objecting to the discharge of the debt. Normally, this means that the judgment will be discharged unless the court is convinced to accept a late-filed complaint.

Post date: Tuesday, September 10, 2019
Photo of Michael D. Napoli
Michael D. Napoli

To nonbankruptcy lawyers, Rule 2004 seems too good to be true. It appears to allow virtually anyone to obtain documents or testimony from any other person on any subject tangentially related to a bankruptcy. Not surprisingly, then, clever lawyers will attempt to push its boundaries. A recent opinion in the Cambridge Analytica bankruptcy examines and quashes one such attempt.

Post date: Tuesday, September 10, 2019


As a receiver or counsel to a receiver, it is important to be aware of your potential courses of action should you be required to locate/secure assets or seek the disclosure of documentation from a party in a foreign jurisdiction such as the Cayman Islands.


Mr. David R. Doyle
Cozen O'Connor
Chicago, IL
(312) 474-1648

Ms. Christina Sanfelippo
Cozen O'Connor
Chicago, IL
(312) 474-4455

Ms. Gabrielle G. Palmer
Communications Manager
Onsager | Fletcher | Johnson LLC
Denver, CO
(720) 457-7059

Mr. John T. Baxter
Education Director
Nelson Mullins Riley & Scarborough, LLP
Nashville, TN
(615) 664-5323

Ms. Bodie B. Colwell
Education Director
Preti Flaherty
Portland, ME
(207) 791-3000

Ms. Amber M. Carson
Membership Relations Director
Gray Reed & McGraw LLP
Dallas, TX
(214) 629-4025

Mr. Christian A. Pereyda
Membership Relations Director
Maynard, Cooper & Gale, P.C.
Birmingham, AL
(205) 254-1854

Mr. John Richard O'Connor
Newsletter Editor
Sugar Felsenthal Grais & Helsinger LLP
Chicago, IL
(630) 308-2487

Ms. Alexandra CC Schnapp
Newsletter Editor
U.S. Bankruptcy Court, Northern District of Georgia
Atlanta, GA
(404) 215-1005

Mr. Joseph M. Esmont
Special Projects Leader
Cleveland, OH
(216) 861-7835

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