There are a number of substantive law handouts prepared by the JAG for service members and these are available at Yellow Ribbon Events that the BBA has been attending and supporting over the past year. Don Lassman thinks it would be helpful if there were a similar handout for Bankruptcy and is wondering if anyone might be interested in taking on the project of preparing the handout. Please let him know if you have any interest by contacting him at Donald R. Lassman, Esq., P.O. Box 902385, Needham, MA 02492, 781-455-8400 (phone), 781-455-8402(fax), Don@Lassmanlaw.com.
The Los Angeles Dodgers filed for bankruptcy in a Delaware court Monday, a move that is expected to give a quick jolt of cash to the troubled team but also to ratchet up the fight between the owner, Frank McCourt, and Bud Selig, Major League Baseball’s commissioner, who last week rejected a proposed television deal by the team that was worth $2.5 billion to $3 billion. To read more from the NY Times, click here.
The training materials provided at the May 5, 2011 Free Training Opportunity for Attorneys Interested in Helping Veterans and Active Members of the Military and Their Families Experiencing Financial Difficulties are now available online. Click here to view the Primer on Bankruptcy-Related Provisions Applicable to Service Members. To view the powerpoint presentation entitled Commercial, Consumer, and Bankruptcy Law Issues Affecting Members of the Military Training Session, click here.
For more from the NY Times, click here.
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Marketwatch (formerly known as CBS Market Watch) operates a financial information website that provides business news, analysis and stock market data to some 6 million people.
To view the website for MarketWatch.com, click here.
LOS ANGELES—Former new York Mets and Philadelphia Phillies outfielder Lenny Dykstra posted $150,000 bond Wednesday in a federal case where he’s accused of embezzling money from a bankruptcy estate. For more from Boston.com, click here
A humbled Philadelphia Orchestra drew a prolonged ovation on Saturday evening after the final strains of Mahler’s Symphony No. 4, one of his sunniest works. Just hours earlier, its board of directors had voted to send the orchestra to bankruptcy court, declaring the move the only way to survive financial disaster. For more, click here
The editors are happy to announce that the Bankruptcy Section’s Blog-Homepage has a new tool that allows readers to follow posts by email.
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On May 5, 2011 from 4-6 p.m., the Bankruptcy Section of the Boston Bar Association is conducting a Training Session at the BBA that will review the many unique legal issues faced by active and veteran members of the armed services and their families in the areas of consumer law and bankruptcy law. This session is not to be missed if you are interested in representing veterans with financial problems.
• Did you know that disabled veterans need not complete the Means Test form used in Consumer Bankruptcy cases, but what if the veteran is only 25% disabled and what if the disability did not arise in the “line of duty”?
• Did you know that members of the armed forces have special rights that they may exercise with respect to leases and interest rates on credit cards if they are called to active duty?
• Did you know that certain overpayments stemming from circumstances where the service member does not complete active duty requirements are nondischargeable as a debt owed to the U.S. Government under a title of the US Code other than title 11?
A top notch resource guide covering the unique legal issues facing current and former members of the military has been assembled and will be distributed to all those in attendance. An experienced group of panelists, including staff from the Massachusetts Department of Veterans Services and former staff counsel for Shelter Legal Services – people in the know – will be available for questions.
This is an event you will not want to miss if you plan on assisting current and former members of the military with financial related legal issues. We hope to see you there.