By Vijay Malik, 2012 J.D. Candidate

The Supreme Court recently granted certiorari in River Rd. Hotel Partners, LLC v. Amalgamated Bank, 651 F.3d 642 (7th Cir. 2011).  In that case, the debtor, RadLAX Gateway Hotel, LLC, owned a hotel, and in a desire to expand, took out a construction loan to fund the expansion.  The debtor ultimately . . . → Read More: Supreme Court Grants Cert in RadLAX

By Professor Michaela White, Editor and Advisor of the NACTT Academy

I grew up in the era of individual academic achievement and happily settled on a career that allows me to work largely alone. A recent article in the Sunday New York Times, “The Rise of the New Groupthink,” by Susan Cain, articulates the . . . → Read More: Running with Scissors and Playing Well with Others

By Thomas M. White, Law Offices of White & Jorgensen in Omaha, NE

New Orleans offers a visit to a foreign land that speaks English (of a sort) and does not require a passport.  This is a city and state so distinct in history and culture that it alone has not adopted the UCC.  . . . → Read More: New Orleans, Louisiana a/k/a NOLA

Introduction by Vijay Malik, Law Student Creighton University, Omaha, Nebraska

Bloomberg columnist Bill Rochelle regularly reports on influential bankruptcy court opinions. While available through a paid Bloomberg subscription, Rochelle’s columns are also often available online. In a recent column, Rochelle addresses several interesting cases, including Reed v. City of Arlington, where a debtor filed . . . → Read More: Bloomberg’s Bill Rochelle Visits the Bayou

Introduction By Vijay Malik, Law Student at Creighton University, Omaha, Nebraska

Richard Cordray’s confirmation as Director of the Consumer Financial Protection Bureau is anything but certain.  Forty-four Republican senators are committed to blocking Cordray’s appointment unless the newly created federal agency is restructured.  As the former attorney general of Ohio, Cordray attracted national attention . . . → Read More: Will CFPB Nominee Richard Cordray Pass the Senate’s Mean Test?

Introduction by Vijay Malik

A debtor’s bankruptcy filing under chapter 12 and 13 includes a plan whereby the debtor pays her creditors a percentage of the amount owed to them over a certain period of time.  Upon confirmation by the bankruptcy court, a standing trustee will administer the plan under the supervision of a . . . → Read More: Procedures Governing Administrative Review of a United States Trustee’s Decision To Deny a Chapter 12 or Chapter 13 Standing Trustee’s Claim of Actual, Necessary Expenses

The Academy’s mission is not only to bring its members quality legal education at an affordable price, but also to provide the occasional diversion that only a bankruptcy aficionado could love. In that spirit, on February 25-26, 2011, while at the Northern California’s 10th Annual Bankruptcy Conference in Sacramento, CA, Professor Michaela White, announced . . . → Read More: TRIVIAL PURSUITS – A New Department