All items from E-Everything for Bankruptcy Lawyers (2008)

The piece below summarizes the dearly held beliefs of many bankruptcy practitioners throughout the country: that commercial bankruptcy is about to experience a huge up-tick in its cyclical progression. The continued onslaught of the sub-prime mortgage industry, coupled with $80 oil seems to have everyone on edge. That commercial credit, until recently, had been nearly as loose as the sub-prime mortgage industry, has been a poorly kept secret.

First a programming note - I apologize for having been away for so long. Given the unprecedented rain that the North Texas region has been experiencing this summer, I have spent every waking hour learning all I can about Indoor Drag Racing. By all accounts, I should have plenty of extra resources to invest in this great new idea.

My wife and I recently brought home a kitten for our children. Our youngest, the well-intentioned but maniacal three year old, has showered the kitten with so much attention and tough love that the poor kitten spends a lot of time with me in order to gain reprieve from the three year old.

Finally, after detailing Timeline #1 and Timeline #2, comes some of the points to be considered and lessons to be learned from a recent KMart discovery opinion. To be certain, these issues were developing prior to the 2006 amendments to the Federal Rules of Civil Procedure and hindsight is largely 20/20.