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On October 27, 2021, at 12:00 noon EDT, the Commercial and Regulatory Law Committee hosted a webinar, “CFPB Mortgage Servicing Regulations and Their Effects on Bankruptcy: An Update.” The panelists discussed the background and scope of the latest mortgage-servicing regulations promulgated by the Consumer Financial Protection Bureau (CFPB), and how they impact your day-to-day bankruptcy practice. Diane Bettino, a partner at Reed Smith LLP in Princeton, N.J., moderated the panel.
“One pill makes you larger And one pill makes you small….” — “White Rabbit” by Jefferson Airplane
Senior Care Centers Inc., a chain of skilled nursing facilities, accomplished the feat of filing once as a complex chapter 11 case in 2018 (“First Case”) and then re-filing as a small business debtor in 2021 (“Second Case”). This success can be attributed to its ability to shed debt in its First Case, as well as in its decision to exclude its operating subsidiaries (and their debt) from its Second Case.
For the Winter Leadership Conference, the topic of our committee’s panel, “Anatomy of a Pharmaceutical Bankruptcy Case,” was a collaboration of the Financial Advisors/Investment Bankers and the Commercial and Regulatory Law Committees. Moderator Jeff Garfinkle led panelists Hon.
Hosted by the Ethics and Professional Compensation and Commercial and Regulatory Law Committees Social media and privacy are areas of opportunity — and concern. Today’s law practice requires that care be taken in both areas. This panel will explore the impact of privacy and social media issues on security, ethics and compensation.
From taxation to securities, the ownership and sale of Bitcoin and other cryptocurrency is subject to a complex patchwork of federal laws. Tax, securities, commodities and anti-money laundering regulations may apply to those who engage in cryptocurrency transactions as a consumer, business enterprise or investor. This article provides an understanding of the regulatory structure and obligations arising from transactions involving virtual currency.
[1]Most restructuring lawyers see “tax” and immediately run for help from specialists down the hallway or maybe at other firms. That’s the right thing to do, and we tax lawyers appreciate the job security. Still, there are a number of provisions that restructuring lawyers should be aware of in the once-in-a-generation tax reform bill signed by President Trump on Dec. 22, 2017.[2]
Interim managers are take-charge types with strong inclinations toward quickly assessing situations and developing and rapidly implementing solutions. Almost by definition, they are thrown into troubled companies and challenged to “turn things around” in short order. Often, this can mean taking tough measures, such as reducing staff through planned layoffs.