Past Assignments - Bankruptcy 2014

 

ATTENDANCE AT THE FIRST CLASS SESSION IS REQUIRED

(unless permission is granted by Prof. Ehrlich)

 

MATERIALS FOR THE BANKRUPTCY COURSE

Pick up the materials in the Bookstore

 

1.     Ehrlich, Photocopied Assignments & Readings (2013 edition)

2.     Ehrlich, Photocopied Official Bankruptcy Forms (2013 edition)

3.     Ehrlich, Materials For Students Who Have Not Taken Secured Transactions (available online)

 

 

A Note For Students Who Have Not Taken Secured Transactions:

The course in Secured Transactions is recommended but not required.  If you have not taken Secured Transactions, I will provide you with helpful background readings and tell you when and what to read.  Usually about 40-60% of the students in Bankruptcy have not taken Secured Transactions.

1.               Tuesday, January 7:

a.     Introduction: Read pages 1-35 of the Readings.  Don’t skip the Blackstone excerpts.  If you don’t have time to get to the Bookmart, you can access pages 1-35 here.

b.     Be prepared to identify two fundamental reasons for having bankruptcy laws.

c.      Read a very recent update on the impact of the Bankruptcy Amendments & Consumer Protection Act of 2005: Update

d.     Students who have not taken Secured Transactions should read the material referred to on the first page of the photocopied Secured Transaction materials: Materials For Students Who Have Not Taken Secured Transactions

e.     Take a look at the lists of corporate bankruptcies in the following links.  Do any of the companies seem familiar?

                                          i.     Billion Dollar or Greater Bankruptcies Since 1980.

                                         ii.     One-Half Billion Dollar or Greater Bankruptcies Since 1980.

2.               Thursday, January 9:

a.     State Law Remedies: Read the materials listed in Part II (A)(1) of the Assignments and review the Judicial Council forms referred to in part II(A)(2). The forms are also available online: Writ of Execution, Notice of Levy, Memorandum of Garnishee, Exemptions From The Enforcement Of Judgments, Claim of Exemption

                                          i.     Fill-in parts 1-19 of the Writ of Execution, and parts 1-3 of the Notice of Levy.  Click here for more information.

b.     Take a look at the California Judicial Council “Abstract of Judgment” form.  What is the purpose of the form?

c.      The Role of Security Interests: Students who have not yet completed Secured Transactions (or students who want to refresh their recollection) should read the first part of the Materials For Students Who Have Not Taken Secured Transactions.

3.               Tuesday, January 14:

a.     Collection of Judgments Under State Law:

                                          i.     Review the Judicial Council forms referred to in part II(A)(2). The forms are also available online: Writ of Execution, Notice of Levy, Memorandum of Garnishee, Exemptions From The Enforcement Of Judgments, Claim of Exemption

                                         ii.     Fill-in parts 1-19 of the Writ of Execution, and parts 1-3 of the Notice of Levy.  Click here for more information.

b.     Redemption: Read Part II(B) of the Assignments.

c.      Pre-Judgment Remedies: Part II(C)(1) and (2).

d.     Group Remedies Under State Law: Part III(A)(1) and (2).

4.               Thursday, January 16:

a.     Filing Voluntary Petitions: Initiating Voluntary Bankruptcy Cases:

                                          i.     Part IV(A)(1)(a).

                                         ii.     Part IV(A)(1)(b)(1)-(7)

b.     Consumer Debtor Requirements:

                                          i.     Part IV(A)(1)(c)(1)-(3)

                                         ii.     Carefully review Official Form 22A (in your Supplement). An on-line copy of the latest Form 22A & Committee Notes are at these links: Form 22A (2010)  | Committee Note (22A-C)

                                       iii.     Look at the U.S. Trustee Means Testing Page

1.     Respond to the following Means Testing Hypotheticals: PDF Format, MsWord Format

5.               Tuesday, January 23:

a.     Consumer Debtor Requirements:

                                          i.     Review §707(b)(2)

                                         ii.     Review the cases of In re: Patricia Ann Garcia and In re Ransom.  The court misinterprets §707(b)(2).  Can you see why?

                                        iii.     Carefully review Official Form 22A (in your Supplement). An on-line copy of the latest Form 22A & Committee Notes are at these links: Form 22A (2010)  | Committee Note (22A-C)

                                       iv.     Look at the U.S. Trustee Means Testing Page

                                        v.     Respond to the following Means Testing Hypotheticals: PDF Format, MsWord Format

b.     Debtor’s Duties & Attorney’s Obligations:

                                          i.     Part IV(A)(1)(c)(4)-(5). 

                                         ii.     Read the Standing Administration Guidelines for Chapter 7.

c.      Involuntary Petitions: Part IV(A)(2).

                                          i.     Read §303 with special emphasis on §303(b) and (h).  Review the case of In re Reid.

                                         ii.     Carefully read §303(b) and (h) and respond to this situation: Fifteen employees are owed $255,000 in back wages.  It appears that the employer, Magco Partnership (a California general partnership) is not paying suppliers and others creditors as well. The general partners of Magco live in a wealthy suburb and drive fancy cars.  The 15 employees have approached you seeking legal help.  The employees assume that you will bring a standard law suit to help them collect.  You have agreed to represent them and believe you can get them a check in 48 hours.  Here’s what you did next:

1.     You prepared an involuntary bankruptcy petition, naming Magco as the debtor and faxed a copy to the senior partner of Magco.

2.     You called the senior partner and stated the following:  “Check your fax machine.  If you don’t have a certified check in my hands within 48 hours, the petition will be filed.  Your company will be thrown into chapter 7 bankruptcy, and the trustee will have access to all of your personal assets to satisfy the claims of the creditors.

3.     Respond to these two questions:

1.     Are you bluffing?  Do you have sufficient legal grounds under the bankruptcy code to commence an involuntary case?  Would the petition be granted under §303(b) and §303(h) of the Bankruptcy Code?

2.     What risks, if any, are you and the clients facing if the petition is dismissed for failing to meet the requirements of §303(b) and (h).

6.               Thursday, January 25th

a.     Involuntary Petitions:

                                          i.     Review §303 and the case of In re Reid at pages 85-87.

b.     Petition Drafting Assignment: There is a "Special Assignment" in Part IV(B).  The assignment is not due until Friday, February 14thSee the Links Section below for more information.

c.      Jurisdiction over Controversies

                                          i.     Parts IV (C)(1)-(5).

a.               Subject matter jurisdiction; abstention:  28 U.S.C. §1334; 28 U.S.C. §1452 and §151.  Also read §§ 106(a) & (b) of the Code and 28 U.S.C. §§ 152(a) and 153.

b.               28 U.S.C. §1334:  This section was mistakenly omitted from the statutory materials.  You can access a copy here: 28 U.S.C. §1334

c.                The Jurisdiction Problems:  pages 89-117.

d.               Delegation of jurisdiction to the Bankruptcy Courts:  §105(a); 28 U.S.C. §157(a)-(d),  28 U.S.C. §158(a); 28 U.S.C. §§1409 (skim).  Rules 9033; 7008(a) (last sentence), 7012(b), 5011(b).

(1)             Read 28 U.S.C. §§157 (b) and (c) very carefully.  What is the difference between sections 157(b) and 157(c)?  Which section controls proceedings: (i) arising in Title 11; (ii) arising under Title 11; (iii) related to Title 11?

e.               Appeals:  §§157(c), 158(a), 158(b), (c) & (d). 

7.               Tuesday, January 28:

a.     Review

                                          i.     28 USC §1334

                                         ii.     28 USC §157

                                        iii.     In re Arnold Print Works, Inc. at pages 111-117.

b.     Jury Trials & Bankruptcy Proceedings: Parts IV(C)(6)-(7).

                                          i.     Page 108; Granfinanciera, S.A., et al v. Nordberg at pages 119-126 and the notes following the case at pages 127-131; 28 USC §157(d).

c.      Stern v. Marshall: You can view the latest news about 2013 Stern v. Marshall update, 2012 Stern v. Marshall update, January 2014 update

8.               Thursday, January 30:

a.     Proceedings in Bankruptcy Courts:  §102(1); §105(a); Rules 7001, 9013, and 9014; Local Rules 9013-2, 9013-3, 9013-5 and 9014- "Contested v. Adversary Proceedings" at pages 132-135. Rules 9013 & 9014 were omitted from the printed materials & can be found here.

b.     Property of the Estate: Parts IV(D)(1)-(4).

                                          i.     Read §§541(a) and (b)(1)-(2); skim (b)(5)-(7);

                                         ii.     §541(c). Read this subsection carefully. Read the legislative history (it is exceptionally clear).

                                        iii.     Pages 136-137.

c.      Turnover of property of the estate:

                                          i.     Read §542(a), (b) & (c).

                                         ii.     Read U.S. v. Whiting Pools, Inc. at pages 137-142.

9.               Tuesday, February 4:

a.     Turnover of property of the estate:

                                          i.     Read §542(a), (b) & (c).

                                         ii.     Read U.S. v. Whiting Pools, Inc. at pages 137-142.

b.     The trustee's right to recover property of the estate from Transferees:

                                          i.     Review §542(a), (b) & (c).

                                         ii.     Read §549(a), (b) & (c); §550(a) & (b) and Rule 6001. Pages 143-144.

                                        iii.     Answer "Post-Petition Transfer" problems at pages 145-147.

c.      Identifying the Debtor's Interest in Property:

                                          i.     Identifying the Debtor's Interest in Property: Answer the hypothetical at pages 148-149.  Read U.C.C. §2-401 at pages 150-151 with great care.

d.     Petition Drafting Assignment: There is a "Special Assignment" in Part IV(B).  The assignment is not due until Friday, February 21st.  See the Links Section below for more information.  I will hand out hard copies and provide more information in class.

10.            Thursday, February 6:

a.     The Scope of the Automatic Stay: Parts IV(E)(1)-(3):

                                          i.     Read §362(a)(1)-(8) §361; §105(a).  Read carefully §1334(e) of Title 28.

                                         ii.     Pages 152-154.  Read Lynch v. Johns-Mansville Sales Corp. at pages 154-157 and Matter of Hellums at pages 157-159.

                                        iii.     Respond to the hypotheticals at pages 160-163.

b.     Violating the Stay

                                          i.     Read the following email from the Insolvency Committee of the State Bar of California, published February 2, 2014: Violation of Stay

c.      Exceptions from the Stay: 

                                          i.     Read §§362(b)(1)-(3), (9)-(11) and (18).  Read §101(14A) “Domestic Support Obligations.”

                                         ii.     Two interesting landlord “exceptions” to the stay:

1.     Unlawful Detainer Judgments: §362(b)(22) and §362(l).

2.     The illegal drug exception. §362(b)(23) and §362(m). 

3.     Are these really exceptions or is some kind of court action required.  Should these two matters be handled under the relief from stay provisions?

11.            Tuesday, February 11:

a.     Exceptions from the Stay: 

                                          i.     Read §§362(b)(1)-(3), (9)-(11) and (18).  Read §101(14A) “Domestic Support Obligations.”

                                         ii.     Two interesting landlord “exceptions” to the stay:

1.     Unlawful Detainer Judgments: §362(b)(22) and §362(l).

2.     The illegal drug exception. §362(b)(23) and §362(m). 

3.     Are these really exceptions or is some kind of court action required.  Should these two matters be handled under the relief from stay provisions?

b.     Repetitive Filings:

                                          i.     Review §109(g).

                                         ii.     Earlier filings & dismissals:

                                        iii.     §362(c)(3), (i) and (j).

                                       iv.     §362(c)(4)(A) & (B)

                                         v.     Earlier cases where real property mortgagee granted relief: §362(b)(20) & (21).

c.      Relief from the Automatic Stay

                                          i.     Lack of equity:  Read §362(c)-(h) and §361. Pay very close attention to §362(d)(2).  Read Rule 4001(a).  Pages 164-165.

                                         ii.     Cause; Adequate Protection:  Read §362(d)(2) and (1) with care.  Notice that there are two independent and unrelated tests for relief from the stay (§§362(d)(2) and (d)(1)).  Answer hypotheticals 1-6 at pages 166-167.

12.            Thursday, February 13:

a.     Relief from the Automatic Stay

                                          i.     Lack of equity:  Read §362(c)-(h) and §361. Pay very close attention to §362(d)(2).  Read Rule 4001(a).  Pages 164-165.

                                         ii.     Cause; Adequate Protection:  Read §362(d)(2) and (1) with care.  Notice that there are two independent and unrelated tests for relief from the stay (§§362(d)(2) and (d)(1)).  Answer hypotheticals 1-6 at pages 166-167.

b.     Undersecured CreditorsU.S. Savings Assoc. v. Timbers at pages 168-172.  Answer hypothetical 7 at pages 166-167.

c.      Junior Lienors and the Automatic Stay: Page 173.

d.     The Special Case of Single Real Estate Assets:  In 1994, Congress added §362(d)(3) to the relief from stay provisions of §362.  Read §362(d) carefully.  Does it overrule Timbers?

e.     Termination of the Stay

                                          i.     §362(c)(1) and (2).

                                         ii.     §524(a)(1) and (2).

                                        iii.     Review §362(h)(1), §362(c)(3) and (4).

f.       Special Assignment – Relief from the Automatic Stay:  There is a Special Assignment at page 174.  You may skip this assignment for now

Tuesday, February 18: No class.  President’s Day Holiday

13.            Thursday, February 20:

a.     Introduction to Exemptions -- Assets the Debtor Can Withdraw From the Estate.

                                          i.     Background information: Read pages 175-179. Read §522(a) through (e), (l) & (m). Be prepared to discuss the function of each subsection of §522. Rule 4003.

                                         ii.     Peruse the California exemption provisions at pages 180-187 but read the following sections carefully:

1.     § 703.010. Application of exemptions

2.     § 703.020. Persons entitled to exemptions

3.     § 703.130. Exemptions in bankruptcy

4.     § 703.520. Claim of exemption

5.     § 704.010. Motor vehicles

6.     § 704.020. Household furnishings and personal effects

7.     § 704.710. Definitions

8.     § 704.720. Homestead exemption

9.     § 704.730. Amount of homestead exemption

                                        iii.     Read subsections (o), (p) and (q) of §522.  What do these subsections accomplish?

                                       iv.     In re White, at pages 188-190; In re Wallace at pages 191-193.

                                         v.     Answer hypotheticals 1-6 on page 194.

 

Petition Drafting Assignment: The assignment is due Friday, February 21st.  See the Links Section below for more information. 

 

Corrections for Petition Drafting Assignment:

 

1.     Line 23A, Form 22A: When preparing this assignment I accidently transposed some numbers on Line 23A of Form 22A (the means test form), Line 23A asks for:  “IRS Transportation Standards, Ownership Costs.”  If you go to the appropriate website it will list this amount as $517.  For purposes of this project, you should enter the amount of $597 in line 23A.  This is necessary for the proper resolution of the means test.

2.     Petition Instructions, Page 6:  In the bottom cell of the expenses table the language is cut off.  The full language should be: “All other expenses: Jamaica incurs the standard amounts (or more) allowed under the applicable IRS allowable National & Local Standards.”

 

I apologize for any inconvenience.

14.            Tuesday, February 25

a.     Redemption

                                          i.     Read §722 & §506(a) and (b). Read page 214.

b.     Statement of Intentions

                                          i.     Review pages 69-71. Read §521(a)(2) and Official Form 8A.

                                         ii.     Read §522(g)-(j).  What is going on in these subsections?

c.      The Debtor's Special Power to Avoid Some Liens in Exempt Property:   Read the introductory materials at pages 196-200.  Read subsections 522(f)(1), (2), (3) and (4); §722; and §521(2).

                                          i.     Read Augustine v. U.S. at pages 200-204; In re Matthews at pages 205-207

                                         ii.     Read In re Hall at pages 208-213.

                                        iii.     Answer hypothetical 7 on page 194.

15.            Thursday, February 27

a.     Assumption and Rejection of Executory Contracts and Unexpired Leases.

                                          i.     Introduction: Read pages 215-218.

b.     Rejection of Burdensome Leases & Contracts

                                          i.     Timing: Read §365(a) and §365(d)(1)-(5).

                                         ii.     Impact of Rejection: §365(g) and (p); §503(b)(7).

                                        iii.     Read In re Galvan at pages 219-220; and, Matter of Barrister of Delaware, Ltd. at page 221.

c.      Assumption & Assignment

                                          i.     Read §§365(a),(b),(c),(e),(f),(k) &(l). Rule 6006. Note: Read the assigned portions carefully, identifying the function of each subsection..

                                         ii.     Hypotheticals 1-3 on pages 222-223.

d.     Curing Defaults and Other Pre-Conditions to Assumption and Assignment

                                          i.     In re Goldblatt at pages 224-227.

16.            Tuesday, March 4

a.     Curing Defaults and Other Pre-Conditions to Assumption and Assignment

                                          i.     In re Goldblatt at pages 224-227.

b.     When is a Contract "Executory"; Intellectual Property:

                                          i.     Read Lubrizol Enterprises, Inc., Appellee, v. Richmond Metal Finishers, Inc., at pages 228-231..

                                         ii.     After reading the case, read §365(n) and §101(35A) ("intellectual property").

                                        iii.     Hypothetical 4 on pages 222-223.

c.      Protecting certain parties from rejection by the trustee:

                                          i.     Re-read pages 215-218 and read §365(h)(1)(A)-(D) carefully.

                                         ii.     §§365 (i) & (j). Hypotheticals 5-7 on pages 222-223

d.     Avoidance of Unperfected, Pre-Petition Transfers: Part IV(J).  Trustee as a Hypothetical Judicial Lien Creditor (Testing the Perfection of the Transfer).

                                          i.     Read the Introduction at pages 232-233.

                                         ii.     Read about recovering pre-petition transfers in the Bernie Madoff Ponzi Scheme Clawback” letter

                                        iii.     Check out the “Madoff Recovery Initiative”

                                       iv.     Students who have not taken Secured Transactions should review Part 2 of the “Materials for Students Who Have Not Taken Secured Transactions” in the LINKS section below.

                                         v.     §§101(54)("transfer"); 544(a); 546(b); 550(a) & (b).

                                       vi.     U.C.C. §9-308(a); §9-309(1); §9-310(a) & (b); §9-313(a) [applicable U.C.C. provisions are set forth at pages 234-238].

                                      vii.     Read In re Pye at pages 239-242 and McCannon v. Marston at pages 243-246.

17.            Thursday, March 6

a.     Avoidance of transfers if state law allows avoidance: Part IV(K).

                                          i.     §544(b); read the notes and Moore v. Bay at pages 247-248.

b.     Avoiding Pre-Petition Preferential Transfers (“Voidable Preferences”): Part IV (L)(1)-(4):

                                          i.     §§101(12) ("debt"), 101(5) ("claim"), 101(32) ("insolvent"), 101(31) ("insider") & 101(54) ("transfer"). Pay close attention to §101(54).

                                         ii.     §§547(e), 547(b), 547(f) & 551. Review U.C.C. §9-308(a); §9-309(1); §9-310(a) & (b); §9-313(a) at pages 234-238.

                                        iii.     Read Barnhill v. Johnson at pages 249-253.

                                       iv.     Read Barash v. Public Finance Corporation at 254-260; In re Shurtleff, Inc. at pages 261-267.

                                         v.     Hypotheticals 1-10 ("Voidable Preference Hypotheticals") at pages 268-272.

18.            Thursday, March 6

a.     Avoidance of transfers if state law allows avoidance: Part IV(K).

                                          i.     §544(b); read the notes and Moore v. Bay at pages 247-248.

b.     Avoiding Pre-Petition Preferential Transfers (“Voidable Preferences”): Part IV (L)(1)-(4):

                                          i.     §§101(12) ("debt"), 101(5) ("claim"), 101(32) ("insolvent"), 101(31) ("insider") & 101(54) ("transfer"). Pay close attention to §101(54).

                                         ii.     §§547(e), 547(b), 547(f) & 551. Review U.C.C. §9-308(a); §9-309(1); §9-310(a) & (b); §9-313(a) at pages 234-238.

                                        iii.     Read Barnhill v. Johnson at pages 249-253.

                                       iv.     Read Barash v. Public Finance Corporation at 254-260; In re Shurtleff, Inc. at pages 261-267.

                                         v.     Hypotheticals 1-10 ("Voidable Preference Hypotheticals") at pages 268-272.

19.            Tuesday, March 11

a.     Exceptions to Preferential Transfers: Part IV (L)(5)-(8)

                                          i.     BAPCA Changes To §547(c) Exceptions: Read page 273.

                                         ii.     §547(c)(7) - Consumer transfers: Read §547(c)(7).

                                        iii.     §547(c)(1) - Substantially contemporaneous: Matter of Tressler at pages 274-276..

                                       iv.     §547(c)(2) - Ordinary Course of business: Read the remainder of the opinion in Barash v. Public Finance Corp. at pages 254-260; Union Bank v. Wolas at pages 277-282.

                                         v.     Read carefully §547(c)(3)-(c)(9).

                                       vi.     Answer hypotheticals 11-24 at pages 268-272.

                                      vii.     §551.

b.     Insidious transfers to guarantors/co-signors:

                                          i.     Read the notes on Deprizio at page 283-284.

                                         ii.     Read §550(c).

20.            Thursday, March 13

a.     Fraudulent Conveyances: Parts IV (M)(1)-(3). 

                                          i.     Read the notes at page 286 and Twyne's Case at page 287.

                                         ii.     Read the excerpts from the Uniform Fraudulent Transfer Act at pages 288-290 (concentrate on §4 and §5).

                                        iii.     §548: Concentrate on §548(a) and (c).

                                       iv.     §550(a).

                                         v.     Do the Fraudulent Conveyance Hypotheticals at pages 291-292 and review the answers in the Appendix.

                                       vi.     Read In re Hulm at pages 293-296 and In re BFP at pages 297-307.

                                     vii.     Read the following: 

1.     Bernard Madoff Ponzi Scheme “Clawback” letter

2.     Recovery of about $400 million from the N.Y. Mets

21.            Tuesday, March 18

a.     Collection of Avoided Transfers: Part IV (N)(1)-(2).

                                          i.     §§548(c); 549(a) & (c); 550(a), (b), (c) & (e)(1); 542(c)

                                         ii.     Review "Protecting Transferors and Transferees" at pages 143-144

b.     Recap of the Trustee’s Avoidance Powers: Part IV (O)(1). 

                                          i.     Answer the Property of the Estate hypotheticals at pages 308-309. Carefully do the hypos and test your mastery of §§541, 542, 544-548, 549 and 550.

c.      Protecting secured creditors: V (A)(1) & (2).

                                          i.     Review §§362(d); 361; 363(d) & (e). Read pages 310-313.

                                         ii.     §§101(37)("lien"), (36)("judicial lien"), (50)("security agreement") & (51)("security interest"); 506(a) & (b); 363(e), (f) & (k); 522(c); 552; 722; 725; 554; 362(c). Rule 3012.

d.     Strip down of liens:

                                          i.     In re Dewsnup at pages 314-318.

                                         ii.     Answer the hypothetical at page 319.

22.            Thursday, March 20

a.     Attorney Gary Holt will be teaching class from a bankruptcy petitioner’s perspective.

23.            Tuesday, March 25:

a.     Liquidating the Estate: Recap

                                          i.     §363(a), (b), (c) & (k). Rule 6004. Peruse 28 U.S.C. §959.

                                         ii.     Read "Liquidation of the Estate" at pages 320-321. Read §363(f) very carefully.

                                        iii.     Read Matter of Stroud Wholesale, Inc. at pages 322-325.

b.     Allowance and Payment of Claims: Part V(C)(1)-(3):

                                          i.     §§501(a),(b),(c); 502(a), (b)(1), (b)(2), (b)(5), (b)(6), (b)(7), (c), (f), (g); 101(5)("claim"). Rules 3001(a)-(d), 3002 (a),(b) & (c), 3003(a)-(b)(1); Rule 3007. Forms 9A, 9C & 10.

                                         ii.     Read page 326.

                                        iii.     Answer the hypotheticals at page 327.

24.            Thursday, March 27:

a.     Priority in Distribution: Part V(D)(1)-(4)

                                          i.     §§726(a) & (b); 507(a)(1) through (a)(8) and (a)(10); 101(14A)("domestic support obligation"); 507(b); 503; 365(d)(3); 724(b). What is the function of 507(b)?

                                         ii.     Read page 340.

                                        iii.     Answer the hypotheticals at pages 341-342..

                                       iv.     §510. In re Stirling Homex Corp., at pages 343-349 (read this case carefully)

                                         v.     Peruse §553(a).

                                       vi.     Make sure you answer the “Priorities Hypothetical” & Response: Response to Priorities Hypo

b.     How attorneys get paid:

                                          i.     Read In re Hessinger & Associates, Attorneys; Lamie v. U.S. Trustee and the notes at pages 328-339.

c.      Entitlement to a Discharge & Reaffirmations: Part V(E)(1) and (2).

                                          i.     §§727(a)(1)-(12); 727(b) & (c); 1141(d); 1328(a). Rule 4004(a) & (c), Rule 4005; Official Form 18. See also, 18 U.S.C. §152, §153 and §157. Briefly scan §110.

                                         ii.     Read pages 350-354..

                                        iii.     Read In re Reed at pages 355-359.

25.            Tuesday, April 1:

a.     Final Exam Fact Pattern Distributed Today or Thursday. Exam is April 22nd in the afternoon.

b.     Priority in Distribution: Part V(D)(1)-(4)

                                          i.     Subordination: §510. In re Stirling Homex Corp., at pages 343-349 (read this case carefully)

c.      Entitlement to a Discharge & Reaffirmations: Part V(E)(1) and (2).

                                          i.     §§727(a)(1)-(12); 727(b) & (c); 1141(d); 1328(a). Rule 4004(a) & (c), Rule 4005; Official Form 18. See also, 18 U.S.C. §152, §153 and §157. Briefly scan §110.

                                         ii.     Read pages 350-354..

                                        iii.     Read In re Reed at pages 355-359.

d.     Effect of a Discharge and Reaffirmation

                                          i.     §§727(b); 524(a)(1) & (a)(2); 524(c)-(f); 525; 362(c)(2)

26.            Thursday, April 3:

a.     Final Exam Fact Pattern:  There are extra copies of the Fact Pattern outside my office door.

b.     Effect of a Discharge and Reaffirmation

                                          i.     §§727(b); 524(a)(1) & (a)(2); 524(c)-(f); 525; 362(c)(2)

c.      Exceptions to the Discharge: Part V(E)(3)

                                          i.     §§524(d); 523(a)(1) - (a)(10) and (13)-(15); 523(b); 523(c) & (d); 101(14A)("domestic support obligation"). Rule 4007.

                                         ii.     Read pages 360-364.

                                        iii.     Read In re Kovacs at pages 365-369.

d.     Introduction to the Chapter 13 Plan and The Super-Discharge: Part VI (A)(1)-(2)

                                          i.     Read "Bankruptcy Reorganizations" at pages 370-374; "Benefits of Chapter 13" at page 375.

                                         ii.     Answer the hypothetical at page 376.

27.            Tuesday, April 8:

a.     Chapter 13 Requirements Part VI (B) and (C).

                                          i.     §§1301(a); 1302(b); 1303; 1306; 348(d); 1321; 1322(a); 1322(b); 1324; 1325; 1326; 1327.

                                         ii.     The requirement of "good faith": §1325(a)(3) & (b); Read In re Warren, at pages 377-384.

b.     The Chapter 13 “super” discharge:

                                          i.     §§1328(a), (b), (c) & (d).

c.      Introduction to Chapter 11 Business Reorganizations:

                                          i.     Review "Bankruptcy Reorganizations" at pages 370-374.

                                         ii.     Read page 351.

28.            Thursday, April 10:

a.     Proposing, Voting Upon and Confirming the Plan

                                          i.     Proposing the plan; Parties: §§1121; 1102(a)(1); 1102(b)(1); 1103(c); 1104(a); 1106(a)(1)-(3); 1107(a); 1108.

                                         ii.     Contents of the plan: §§1123(a)(1)-(a)(5); 1123(b)(1)-(b)(2).

                                        iii.     Voting on the plan: §§1126(a), (c), (f) & (g); 1124; 1125(a)(1), (b), (d) & (e); 1122.

                                       iv.     Confirmation of the plan: §§1129(a)(1)-(a)(3), (a)(7)-(a)(9); 1129(b). (Do not try too hard to decipher §1129(b)(2). It will be put in simple terms in class.)

                                         v.     Effect of the plan. §1141(b), (c) & (d).