The Los Angeles Bankruptcy Forum, the Financial Lawyers Conference, the Turnaround Management Association, the California Receivers Forum, the Association of Insolvency and Restructuring Advisors, and the Los Angeles County Bar Association Commercial Law and Bankruptcy Section invite you to a December 3, 2008 “Second Annual Insolvency Professionals' Holiday Party.” Please support the efforts of Public Counsel, Neighborhood Legal Services, the Legal Aid Foundation of Los Angeles, and others who contribute to those in need of bankruptcy-related services in our community. Join us as members of local pro bono organizations provide valuable information about the numerous projects in need of attention. Network with your professional colleagues and bankruptcy judges. Learn how you can give back to our community. All net proceeds from the event will be donated to participating pro bono organizations.
Sign up for the holiday party here.
"ATTENTION ATTORNEY AND TRUSTEE/US TRUSTEE ECF USERS:
Below is a list of most current updates and reminders of various events codes, as well as any applicable effective date(s).
New Event Code for Attorneys: Effective date: 11/20/08 - Notice of Sale of Estate Property (LBR 6004-2)
This new event has been created to assist attorneys with the filing of Notice of Sale of Estate Property under Local Bankruptcy Rule 6004-2 on behalf of a debtor in possession. It is located in CM/ECF under Bankruptcy > BK - Notice > Notice of Sale of Estate Property (LBR 6004-2). NOTE: This event code is not to be confused with event code Notice of Proposed Use, Sale or Lease of Property.
Reminder re: Motion/Application To Set Property Value
When filing motions to assess/or set the property value, all attorneys should use event code located in CM/ECF under Bankruptcy > Motions/Applications> Setting Property Value (motion).
TRUSTEE and US TRUSTEES
Modified Events for Trustees and US Trustee: Effective date: 11/20/08
Notice of Sale of Estate Property (LBR 6004-2)
This event has been modified to include information regarding the applicable Local Bankruptcy Rule 6004-2. The event code remains under Bankruptcy > BK - Trustee/US Trustee> Notice of Sale of Estate Property (LBR 6004-2) and under Bankruptcy > US Trustee Only> Notice of Sale of Estate Property (LBR 6004-2)
Reminder re: Motion/Application To Determine Value of Property
To file motions to determine the value of property, all trustees should use event code located under Bankruptcy > Motions/Applications> Determine Value of Property (motion).
Best Regards
ECF Help Desk
(213) 894-2365"
The following e-mail has been sent to some of our BNC users. Watch for your own copy. Action is required.
* * *
From: bncedi@noticingcenter.com [mailto:bncedi@noticingcenter.com]
Sent: Thursday, November 13, 2008 1:59 PM
To:
Subject: Electronic Bankruptcy Noticing PDF attachment password creation
To further support Judiciary privacy policies, the Bankruptcy Noticing Center is pleased to offer increased security of sensitive information contained in bankruptcy notices. Effective December 1, 2008, notice files transmitted to EBN subscribers as Adobe Portable Document Format (PDF) attachments will be encrypted and EBN subscribers will need a password to decrypt and view notices. Here are the functional highlights of the new security program:
1. EBN Subscribers may create their own passwords online. You will need to provide the following information exactly:
EBN Subscriber Email address:
Subscriber Name:
Go to http://ebn.uscourts.gov/register/pdf_encrypt.adp
2. Passwords will not expire. Subscribers may request that forgotten passwords be resent to the registered email address.
3. When a PDF file is opened, the subscriber will be prompted for his/her password.
4. Every time a notice file is opened, the subscriber will be prompted for the password, even if the file is saved to another storage location. It is the subscriber's responsibility to safeguard his/her password.
As an alternative, consider using the secure Email Link service. The Email Link service transmits to subscribers emails containing links to retrieve notices through the user's web browser. Due to built-in security features, no password is required to use this service.
To switch services, please send an email to EBN@baesystems.com.
This notice is from the judges in Santa Ana.
"Notice to Practitioners, Santa Ana Division
Regarding Requirement for Timely Filing of Status Conference Reports
in Adversary Proceedings and Imposition of Sanctions
The Judges of the Santa Ana Division have noticed a steady increase in the number of parties failing to file either timely or at all the status conference reports required under Local Bankruptcy Rule 7016-1(a)(2). The Rule requires a filing of the status conference report at least 14 days before the status conference and provides for imposition of sanctions under Local Rule 7016-1(f) for noncompliance. Until now the Judges have merely exhorted practitioners to remember the Rule and have threatened imposition of sanctions for non-compliance, but have rarely actually imposed sanctions. However, these measures appear to have been ineffective. Failure to abide by the Rule severely interferes with the processes of the Court and last-minute filing of status conference reports imposes an undue burden on the Court and its staff. Therefore, please take notice that commencing January 2009 sanctions will be imposed as the rule rather than the exception for failure to comply with Local Rule 7016-1."
"Dear Counsellors:
I am a bankruptcy fraud attorney and consultant based in New York and Connecticut and found you forum online - what a great idea. Perhaps your readers (although I am not local to LA) would be interested to know of The Bankruptcy Fraud Resource Center - the only online resource for daily news, commentary and analysis of bankruptcy fraud issues in existence. Of course, all of our content is available free to industry professionals.
If you find the blog an appropriate candidate for inclusion on your announcements, or whether you otherwise just spread the word, your members' readership will be welcomed and your efforts appreciated.
Best regards,
Wayne D. Holly"
The Los Angeles Bankruptcy Forum sponsors a clearinghouse/master calendar for local insolvency events at http://bankruptcydog.com. If you know of an event of interest to professionals in the Central District of California, please send the details to Mette Kurth (mkurth@sheppardmullin.com) or J. Scott Bovitz (bovitz@bovitz-spitzer.com). Please include a "deep link" to the sign up page on your organization's web site.
You can read Wes Avery's biography of Earle Hagen (here).
We truly appreciate the contributions from our sponsors. Our list of 2007-2008 sponsors is here.
The Los Angeles Bankruptcy Forum is an organization of bankruptcy professionals dedicated to the study of the bankruptcy laws of the United States and to the improvement of the practice of bankruptcy law in the Central District of California (focusing on the Los Angeles and San Fernando Valley divisions). Read the LABF mission statement at http://labankruptcyforum.org/mission/missionstatement.htm. If you would like to join the LABF or pay your dues on line, go to http://labankruptcyforum.org/team/members/application.htm for the membership/renewal application. Or, you can print the membership application here. If you have questions, please call Pat Garcia at (818) 972-5343.
