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Bankruptcy 101: Bankruptcy Basics for Non-Bankruptcy Lawyers


Level: Intermediate
Runtime: 92 minutes
Recorded Date: September 26, 2017
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Agenda

  • The sources of bankruptcy law
  • The sometimes confusing actors in the bankruptcy process
  • The various chapters and the implications thereof
  • The automatic stay and its impact on litigation
  • How to get relief from the stay
  • What constitutes the "estate" and why it matters
  • How exemptions work
  • How to litigate in bankruptcy court—including adversary proceedings and contested matters
Runtime: 1 hour and 32 minutes
Recorded: September 26, 2017

Description

Most non-bankruptcy lawyers are intimidated by the bankruptcy process. References to Bankruptcy Code sections as a shorthand for describing issues and solutions can cause confusion and anxiety; the bankruptcy court is a federal court, which can cause worries about tight deadlines and inflexible procedures. But a basic understanding of the bankruptcy process and how to appear in a bankruptcy court on an infrequent basis is essential to many practitioners.

In this program our expert panel which includes a federal bankruptcy judge, an experienced bankruptcy court law clerk, and an experienced bankruptcy practitioner will go over a wide range of the basics of Bankruptcy Law and also discuss jurisdiction appeals.

This program was recorded on September 26th, 2017.

Provided By

American Bar Association

Panelists

Taruna Garg

Counsel
Murtha Cullina LLP

Taruna Garg is a commercial litigation attorney practicing in the areas of business litigation, bankruptcy and creditors’ rights. She represents individual and corporate clients in a wide range of disputes including breach of contract, lender liability, financial workout, complex tort litigation and antitrust matters throughout all stages of litigation, settlement and alternative dispute processes. In her bankruptcy practice, Taruna represents trustees, debtors (and their directors, officers and employees), lenders and other companies as secured or unsecured creditors in a variety of complex matters, including liquidation, reorganization, financial workout, turnover, fraudulent transfer, preference and mortgage-related actions. Taruna has successfully prosecuted and defended cases involving breach of fiduciary duty against directors and officers, preferential transfers, fraudulent transfer actions, lender liability, protection of collateral, foreclosure, asset allocation and breach of contract disputes.

In 2017, Ms. Garg was recognized by the Fairfield County Business Journal as one of Fairfield County’s Top “40 Under 40” Businesspeople, and in 2012 she was named a “New Leader in the Law” by the Connecticut Law Tribune. In May of 2010, Taruna was chosen as a Diversity Hero by Massachusetts Lawyers Weekly and in April of 2009, was selected by the Massachusetts Commission on the Status of Women as an Unsung Heroine. Taruna has also been selected as a “Rising Star” by Boston Magazine every year since 2007.

Taruna earned her Bachelor of Arts in International Relations, cum laude, from Boston University in 1999. She graduated from the Boston University School of Law in 2002, where she served as an editor with the American Journal of Law and Medicine.

Leslie F. Su

Lecturer
Boston University School of Law

Ms. Su received her J.D. from Boston College Law School in 1998.
As a law student, she served as Managing Editor for the Boston College Third World Journal.

After graduating, she worked at Gordon Haley, LLP. in Boston. In 2009, she began working for the Murphy Law Group in North Andover, and in 2012, she began a solo practice as Minerva Law, P.C., in Andover. Since 2016, Ms. Su has served as Law Clerk to the Honorable Frank Bailey in the United States Bankruptcy Court in Boston. Ms. Su received her B.A. from the University of Michigan.

From 1994 to 1995, she studied Japanese and Japan-related subjects at Kyushu University in Fukuoka, Japan. She has taught in the program for four years. Ms. Su will also be teaching the Judicial Writing class again this year.


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