Macdonald | Fernandez LLP

MACDONALD | FERNANDEZ LLP


221 Sansome Street
San Francisco, CA 94104
Telephone: (415) 362-0449
Facsimile: (415) 394-5544
914 Thirteenth Street
Modesto, CA 95354
Telephone: (209)549-7949
Facsimile: (209) 236-0172

Sunday, October 13, 2013

Reno Fernandez Appointed to California State Bar Insolvency Law Committee

Macdonald Fernandez LLP is proud to announce that on Friday, October 11, 2013, Reno Fernandez was appointed to the Insolvency Law Committee of the State Bar of California's Business Law Section.

Monday, October 7, 2013

Don’t take it "PERS-onally:

Do you get the pun?  Come hear how CalPERS and other PERSons (such as holders of municipal bonds) play a role in municipal bankruptcies.  Join us for a white-linen lunch and this wonderful program:

Don't Take it PERS-onally!

Chapter 9 Municipal Bankruptcy as a Game Changer

Speakers

Honorable M. Elaine Hammond
U.S. Bankruptcy Judge, Northern District of California

Gary M. Kaplan
Farella, Braun & Martel LLP

Michael Sweet
Fox Rothschild LLP
Moderator 

Gregg Ficks
Coblentz, Patch, Duffy & Bass LLP

Date, Time & Location

Tuesday, October 8, 2013
Noon to 1:30 pm

Le Meridien Hotel
333 Battery Street
San Francisco, California

Topics

• Overview of Chapter 9 and comparison to Chapter 11
• Meeting the eligibility requirements for filing Chapter 9
• Confirming a Chapter 9 Plan, including new wrinkles in pension and bond debt restructuring
• Recent developments in pending and potential Chapter 9 cases

Chair: Reno Fernandez, Macdonald Fernandez LLP 

Walk-ins are welcome, but you can RSVP here.

Bank of America Fined $10,000 Per Month for Violations of Discharge Injunction

On Tuesday, United States Bankruptcy Judge Rober Drain ordered Bank of America to pay $10,000 plus attorney's fees for every month that the bank attempts to collect from Edwin and Michelle Ramos, who previously received a discharge in their chapter 7 bankruptcy case.  Although liens and mortgages were not discharged in their case, their personal liabilities were discharged, including their personal liability to to the bank.  The court stated that the ruling was intended to "send a message."

Wednesday, October 2, 2013

Bankruptcy Courts Remain Open; US Trustee Program Cuts Back

The United States Bankruptcy Court for the Northern District of California will remain open notwithstanding the government shutdown, Chief Judge Alan Jarolovsky announced yesterday.  He reminded the bar that properly following procedures is of critical importance in order to avoid unnecessary burdens during the shutdown.

The Office of the United States Trustee will also remain open, but only one-third of its staff is deemed essential, the Wall Street Journal reported yesterday.