Highlights from the National Conference of Bankruptcy Judges Day 1

I am attending the National Conference of Bankruptcy Judges meeting in New Orleans this week. Here are some highlights. Lawrence P. King Award The Commercial Law League of America presented the Lawrence P. King Award to Judge Burton Lifland from the Southern District of New York. In his acceptance...

National Conference of Bankruptcy Judges--10/13/11--Roundup of Business and Consumer Programs

I am at the 2011 National Conference of Bankruptcy Judges in Tampa, Florida. For this first day, I heard a good mix of consumer and chapter 11 programs along with a provocative economist. Here are a few highlights. Chapter 11 Issues On the chapter 11 side, the topic du jour was In re DBSD North...

National Conference of Bankruptcy Judges--10/13/11--The Not So Gloomy Economist

Thursday's lunchtime speaker was Gregory L. Miller, Chief Economist for SunTrust Banks, Inc. His presentation was not too gloomy but a bit disturbing. He began Saturday Night Live style saying, "I'm the economist and you're not." Miller predicted that "there is not going...

National Conference of Bankruptcy Judges--10/14/11--The Long and the Short of It

The Long and Short of It: Financial Engineering Meets Chapter 11 was one of the more esoteric presentations at the conference with an unusual lineup of panelists. The group included New York Bankruptcy Judge James Peck, investment banker David Barse, Professor Edward Janger, Dr. Riz Mokal from the...

National Conference of Bankruptcy Judges--10/14/11--Does the Bankruptcy World Need Another Talk on Stern v. Marshall?

Prof. Ralph Brubaker and Prof. Ken Klee spoke on "Not Again! Will Bankruptcy Courts Survive the Supreme Court's Second Look At Stern v. Marshall?" However, their panel could have been titled, "Does the Bankruptcy World Need Yet Another Talk on Stern v. Marshall?" Fortunately...

National Conference of Bankruptcy Judges--10/14/11--The Consumer Financial Protection Bureau

Rajeev Date had the unenviable job of filling a speaking slot originally assigned to Elizabeth Warren to discuss the creation of the Consumer Financial Protection Bureau. He is currently the Special Advisor to the Secretary of the Treasury on the Consumer Protection Bureau. Prior to that, he worked...

National Conference of Bankruptcy Judges--10/14/11--Too Big to Fail

Dr. Thomas Hoenig was the Friday luncheon speaker. He served for twenty-five years as President and CEO of the Federal Reserve Bank of Kansas City. He said that he "wanted to get you on board that Too Big to Fail is bad policy." He warned that the crisis brought about by Too Big to Fail...

National Conference of Bankruptcy Judges--10/15/11--A Conversation With Elena Kagan

The National Conference of Bankruptcy Judges concluded with an interview of Supreme Court Justice Elena Kagan by Third Circuit Judge Marjorie Rendell and Bankruptcy Judge Randall Dunn. Justice Kagan was very humble and self-effacing, but was not overly forthcoming. In an ironic twist, Justice Kagan...