By Jim Lanik Dear Members of the Bankruptcy Section, I am excited to welcome you to a new bar year. Each new year gives us the chance to set priorities, strengthen our community, and build on the successes of the past. One of the issues that came through clearly in our recent member survey was […]
By George Sanderson Dear NCBA Bankruptcy Section Member, I hope this email finds you well. As Chair of the NCBA Bankruptcy Section, I am reaching out to gather your valuable input regarding updates and increases to North Carolina’s exemptions. As many of you know, the exemptions have not been adjusted since 2005, with the only exception being […]
By George Sanderson Dear Bankruptcy Section Members, I am excited to be your section Chair this year. As bankruptcy filings are picking up, the mission of the Bankruptcy Section to provide timely updates on legal and legislative developments is becoming increasingly important. It is also my priority this year to maximize networking, mentorship, and development […]
By the NCBA Bankruptcy Section On November 11, 2022, during the 45th Annual Bankruptcy Institute in Greensboro, North Carolina, the NCBA Bankruptcy Section presented Richard Sparkman with the 2022 Lifetime Achievement Award. Andrew W.J. Tarr, the Bankruptcy Section Awards Committee Chair, delivered the below remarks during the awards presentation: It is an honor to be […]
By George F. Sanderson III As chair of this year’s planning committee, I invite you to attend the 45th Annual Bankruptcy Institute. The ABI is returning in person for the first time in three years! We will be at the Grandover Resort in Greensboro on November 11 and 12. Our return to our traditional live […]
NCBA Members, Registration for the 45th Annual Bankruptcy Institute is now live! Click here to view the agenda, speakers, and registration information. This year’s Bankruptcy Institute will be held on November 11 and 12, 2022, at the Grandover Resort in Greensboro. A live webcast will be available for participants who may not be able to attend […]
By Natalie Gray On January 21, 2022, the North Carolina State Bar Council issued 2021 Formal Ethics Opinion 6, which contains guidance for firms regarding their ethical responsibilities for a departing lawyer’s email account. The entire text of the Opinion can be found here. In the adopted ethics opinion, the lawyer was departing a firm […]
By Jonathan Dickerson The Small Business Reorganization Act of 2019 (“SBRA”) provides a new remedy for small businesses looking to use bankruptcy for a fresh start. The SBRA’s streamlined process makes it possible for small business debtors to reorganize and rehabilitate their financial affairs more efficiently. But, to qualify for reorganization under the SBRA, there are requirements […]
By Shelley K. Abel Greetings from the WDNC Bankruptcy Administrator’s Office. We are back to share some more helpful technology tips for using Case Management/Electronic Case Files (“CM/ECF”). I. Generate a list of all open cases in which you have made an appearance. Did you know that you can do a search on CM/ECF for […]
By Jim White The Small Business Reorganization Act (“SBRA”), which added Subchapter V to Chapter 11 of the bankruptcy code, has been in effect for about 20 months. Small business debtors – principally defined as debtors with less than $2,725,625 in noncontingent liquidated debts under the Act (although Congress has raised that limit to $7.5 […]