The convention will feature over 21 hours of diverse education to meet the professional development needs of our members. Networking opportunities begin on Thursday with the Construction Law, Complex Litigation and Meet the Agencies Programs. Networking will continue throughout the convention at the dessert party, two cocktail parties, and Sunday brunch!
WE'RE MOVING! CLLA Headquarters Relocates to 205 N. Michigan Ave Effective August 23!
CLLA's national headquarters will be relocating to 205 North Michigan Avenue, Suite 2212, effective Monday, August 23, 2010. The office's computer systems will be down Thursday, August 19 and Friday, August 20 during the moving process. We apologize for the inconvenience. Should you have an urgent matter during this period, please contact us at CLLAmove@gmail.com and we will respond as quickly as possible. Please make a note of our new address and phone numbers.
Jonathan Scott of Scott & Scott of Dallas, TX, talks to CLLA's Oliver Yandle about the challenges attorneys and their clients face when dealing with electronically stored information.
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Senate Banking Chair Says Bankruptcy Law Changes May be Needed as Part of Financial Regulatory Reform
August 27, 2010
Earlier this month,Senate Banking Committee Chairman Dodd (D-Conn.), who is also retiring and will not be in the Senate in 2011, offered candid observations about the 18-month legislative process that produced the financial overhaul law, noting that changes in the bankruptcy laws might be necessary.
Dodd suggested that the law’s resolution authority provisions may need future work. Specifically, while the law grants the FDIC new powers to unwind large bank and non-bank financial firms, the question exists how this authority will interact with existing bankruptcy law.
Dodd said that bankruptcy should be the “preferred option;” he expressed concern that the government intervention would be the prevailing choice if today a major financial firm failed. “One area that needs some work is the bankruptcy area. The bankruptcy laws are designed to take an individual company down. How you deal with a highly interconnected company is highly complicated, and candidly, the bankruptcy laws today don’t handle that really well.”
The financial overhaul law requires the Fed, in consultation with the Administrative Office of the U.S. Courts, by July 2011to produce a study on the resolution of financial companies under Chapters 7 and 11 of the Code.
Dodd indicated that he has previously discussed the matter with Senate Judiciary Committee Chairman Leahy (D-Vt.) and other members of the panel.
SCAM ALERTS
New Twist on Counterfeit Check Schemes Targeting U.S. Law Firms
Corrected Listing for Jason Forbes in Debt3 July/August 2010 Issue
August 19, 2010
CLLA wishes to notify members of an incorrect listing of new member Jason Theodore Forbes in the July/August issue of Debt3. Please note that Forbes is a lawyer in Cincinnati, Ohio. See the proper listing below:
POSITION PAPERS
Commercial Law League Of America Expresses Opposition To Proposed Bankruptcy Rule Changes
March 02, 2010
In a letter sent to the Committee on Rules of Practice and Procedure in mid-February, 2010, the CLLA's Bankruptcy Section Legislative Committee expressed a strong opposition to the proposed changes, which would require additional supporting information and documentation to be filed with proofs of claim in cases in which the debtor is an individual.
PRESS RELEASES
Commercial Law League of America Executive Vice President Nominated for Association Forum Board of Directors
February 02, 2010
Chicago 2/02/2010 — The Commercial Law League of America is pleased to announce that CLLA Executive Vice President Oliver Yandle, JD, CAE, has been nominated for a position on the 2010-2011 Association Forum of Chicagoland Board of Directors.
Someone once said, "History is written by people who attend meetings, and stay until the end and keep the minutes" -- and the folks who attended CLLA's 116thNational Meeting in Chicago certainly helped write history. The very successful meeting featured outstanding educational programs, passionate discussions about important issues facing the profession and the CLLA, and engaging networking events.
CLLA sponsors ABC
As a sponsor of the American Board of Certification, the CLLA encourages certification of attorneys in business bankruptcy, consumer bankruptcy and creditors' rights law.
Visit the ABC Website to learn more about its specialty programs.
Online Education
Need CLE or perhaps just a refresher course? The CLLA Education site is available 24/7.