California Business Bankruptcy Blog
California Business Bankruptcy Blog is a forum for the discussion of all topics related to bankruptcy and reorganization issues related to businesses and family farms.
Author: Terrence T. Egland is an associate at Klein DeNatale Goldner Cooper Rosenlieb & Kimball in Bakersfield, Calif.
Blawg Related Categories: Bankruptcy Law • States • California • Associate
Recent Posts from California Business Bankruptcy Blog
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Nearly One Million Bankruptcy Cases Filed in Last 12 Months
According to data released by the Administrative Office of the U.S. Courts, and discussed in the Los Angeles Times, nearly one million bankruptcy cases were filed between July 1, 2007, and June 30, 2008--a total…
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May decline in home prices worst ever
Making headlines today is the release of the Standard & Poors/Case-Shiller Home Price Indices. According to this index, there was a nationwide decline of 15.8% in home values in May when compared to the same…
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Bits, Bytes, and Potential Pitfalls: E-Discovery Continued
I am back! As most bankruptcy practitioners already know, the volume of work has increased. This has lead to an ever increasing scarcity of free-time to devote to the blog. Important topics, however, need to be discussed so…
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Vallejo Becomes Largest City in California to File Chapter 9
It's now official: Vallejo is now the largest city in California to file for Chapter 9 protection. Long believed to be in the works, the bay area city filed in the U.S. Bankruptcy Court for the…
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The Subprime Spread
As the subprime crisis deepens and grows and the potential for recession increases, the effects are seeping into other industries as consumers are tightening their belts in order to afford food and gas. Michael Barbaro…
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E-Filing is Serious Business
Failure, or in this case refusal, to file bankruptcy cases electronically can jeopardize your bar card. The Kansas Supreme Court has suspended an attorney for, in part, refusing to e-file bankruptcy cases for three clients: The…
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Bankruptcy Lawyers in Demand
As if the increase in filings under all chapter of the bankruptcy code and the heavy workload we are all experiencing weren't enough evidence of the demand for competent bankruptcy counsel, a new survey conducted…
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Bits, Bytes, and Potential Pitfalls: What All Lawyers Need to Know about Electronically Stored Information
After a hectic few weeks of actual law practice, I am back in the blog saddle once again. This time I want to discuss an issue that, although not strictly speaking a bankruptcy issue, significantly impacts…
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"I would have a preference for cash." Who doesn't?
When given the choice between accepting millions of dollars in cash or an "equivalent" value of stock in a bankrupt corporation, which would you choose? If you said cash, then you are in agreement with the…
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Increase in Consumer BK Volume Should Lead to Increased Chapter 11 Filings
There is an interesting statistical tid-bit posted on the American Bankruptcy Institute web site today concerning the increase in consumer bankruptcy filings and their connection to the sub prime mortgage crisis: U.S. consumer bankruptcy filings increased more than…