Inside Business Law

Business Bankruptcy - February 2013 Newsletter

The Business Bankruptcy Committee has published their February 2013 newsletter. The mission of the Business Bankruptcy Committee is to be the principal Business Law Section resource dealing with business bankruptcy, corporate restructuring, and insolvency through cutting-edge educational programming and to be a resource for bankruptcy reform.

In this month's newsletter, the committee highlights several articles and topics including:

  • Andrew G. Mirisis' article entitled "Minimizing a Debtor's Tax Exposure: The Mechanics of Preserving NOLs in Chapter 11." This article addresses how net operating losses (NOLs) from prior years can be used to offset future income if the company successfully emerges from bankruptcy, with minimal structural change to the financial foundation of the bankrupt corporation. The article further discusses the use of Section 382 of the Internal Revenue Code (the Code), as well as the Code's special bankruptcy rules and suggestions on preserving NOLs; and
  • Committee Webinars - More Fallout from Stern v. Marshall: Ninth Circuit v. Sixth Circuit - the holding of Bellingham Insurance (9th Cir.) allows waiver of Article III adjudication conflicting with Waldman v. Stone (6th Cir.), which can be found here.

Cyberspace Law - February 2013 Newsletter

The Cyberspace Law Committee's recent newsletter recent newsletter gives a good recap of the Committee's 2013 Institute on the Law of Cyberspace meeting. Some of the CLE's featured in the newsletter include:

  • Big Data - New Privacy Issues from New Services Based on Data from Elsewhere;
  • Content Licensing in the Entertainment Industry: How Digital Distribution Models have been Stymied and Might Eventually Flourish;
  • Legal Duties Arising from Cyber-attacks on the Grid;
  • The Day the Cars Stood Still: 1951 Sci-Fi or 2013 Reality?;
  • Digital Law 2013: Hot Trends and Issues in Cloud, Mobile, and Internet Law and Liability; and
  • Strategic Remedies for Cybercrime Victims.

The newsletter also discusses various roundtables that followed the CLEs, and provides a schedule for the upcoming Business Law Section Spring Meeting that will be held April 4-6, 2013 (including a schedule for the Cyberspace Law Committee meetings).

Young Lawyer Committee - February 2013 Newsletter

The Young Lawyer Committee has just published their February 2013 newsletter, which is full of great information. Featured articles include:

The newsletter also includes tips on mastering the art of e-mail, as well as a subcommittee feature titled "Becoming a 'Social Entrepreneur,'" by William J. Woodward, Jr.



Nominations Sought for Section Leadership Positions

Do you know anyone who has what it takes to be a good Section leader? The Nominating Committee of the Section needs your recommendations for leadership positions for the 2017-2018 association year. Nominees will be selected for: Chair-elect (who automatically assumes the position of chair the following year); Secretary (who automatically assumes the position of vice chair the following year); Content Officer; two Section Delegates to the ABA House of Delegates; and five additional Council members for a four-year term expiring in 2021. The Nominating Committee will take into account the following principles in making its selections. It will: select nominees who have been substantial and active contributors to the Section; seek geographic diversity in the leadership of the Section; strive for representation from a broad cross-section of the areas of law represented in the Section; and seek to draw leaders from a broad cross-section of the various sectors of practice, including corporate law departments, government, academia and private law firms; and actively recruit nominees that reflect the diversity of the Section. Please send your nominations by email to no later than November 18.

Question: Between November 2, 2015 and November 4, 2015, Harris Poll conducted an online survey of 2,017 adults ages 18 and older on behalf of NerdWallet, Inc. to understand U.S. consumers’ credit card payment habits and feelings around different types of debt. The results of this study were published in the 2015 American Household Credit Card Debt Study. According to the 2015 American Household Credit Card Debt Study, what percentage of U.S. adults would be more embarrassed to tell others about credit card debt than any other type of debt?
A. 10%
B. 35%
C. 55%
D. 90%

Question: From the late 1600s to the early 1800s, “debtors’ prisons” were commonplace with many cities and states operating brick-and-mortar detention facilities that were designed for incarcerating individuals who were unable or unwilling to pay their debts. Imprisonment for indebtedness was so commonplace that two signatories of the Declaration of Independence were jailed for failure to pay their debts. Can you name those two signatories?

The November issue of Business Law Today will focus on Nonprofits. Articles will range from the “Delaware Advantage” to nonprofit organizations needing nonprofit lawyers. In addition, other features include keeping pace with disruptive technological change, insurance bad faith recoveries, and constitutional issues in granting Americans a “Right to Dispute.”

Do you have a great idea for a BLT article? Would you like to see more of a featured column? Let us know how we can make Business Law Today the best resource for you and your clients. We welcome any suggestions. Please send us your feedback here.

Business Law Section Fall Meeting
November 18-19, 2016
Washington, DC

Business Law Section Spring Meeting
April 6-8, 2017
New Orleans, LA

Miscellaneous IT Related Legal News (MIRLN) 25 September - 15 October 2016 (v19.14)

BLT is a web-based publication drawing upon the best of the Section's resources, including featured articles and other information from around the Section. Stay informed on the latest business law practice news and information that will benefit you and your clients.