A few weeks ago, the Supreme Court denied cert in a case called Law Debenture Trust Co. v. Charter Communications, Inc. (No. 12-847). The issue was whether the Second Circuit had correctly applied the doctrine of equitable mootness to an...
Ice Cube Bonds: New Paper on 363 Sales and Chapter 11
FAC UT ARDEAT, begins The Flamethrowers by Rachel Kushner. It means "made to burn," the narrator learns (from that "gasbag . . . Chesil Jones"). Whether your preferred hurry-up 363 sale metaphor involves flames, ice, or a…
Non-exempt Exempt IRAs and Undercompensated Chapter 7 Trustee
Some chapter 7 trustees have found a problem that could affect thousands of IRAs, leading to the first post in a two-post series on unintended consequences. A better reading of the law is that these IRAs should remain exempt from...
As far as I know, Harvard Law School's employment numbers are strong enough that there's no need for it to play games. That said, you have to wonder how tempted HLS is to take advantage of the most famous member...
RunOregon has my recap of the Run for Boston 5K race from this past weekend, which resulted in a Pr for me -- but a kind of frustrating one, since it was 21:00 flat. Just one lousy second faster and...
What if . . . Congressional leaders and the President could only use lines from "A Game of Thrones"?
The other night, The Tonight Show with Jay Leno (yes, if I watch a late-night talk show, it's Leno's) had a pretty hilarious skit with Trevor Moore and Mikey Day. Basically, the two guys sit around in some L.A. location...