Sunday, November 21, 2010

Kelly G. Rogers - Cramdown

Court commissioner - A judicial officer at both trial and appellate court levels who performs many of the same duties as judges and justices.

Bankruptcy Amendments of 1984 - a set of amendments to the Bankruptcy Reform Act of 1978. The Amendments contain a number of provisions including: limiting the jurisdiction of the bankruptcy court, limiting the right of companies to invalidate labor contracts while in bankruptcy and providing for the prevention of "substantial abuse."(21 April 2009 - Press article Kelly Gordon Rogers )

VCIS (Voice Case Information System) - a touchtone telephone service provided by the court system that gives case filing information.

Omnibus hearing - an omnibus hearing is a Court hearing at which the Court may hear a variety of different matters relating to one particular case.

Bankruptcy petition - the document filed with the court to initiate a bankruptcy proceeding.

United States Trustee - an agent of the U.S. Department of Justice appointed to assist in bankruptcy cases. The U.S. Trustee administers many of the duties of the court including appointing committees, appointing trustees and examiners, scrutinizing bankruptcy documents, etc. The United States Trustee Program began in 1979. Presently, it covers all federal judicial districts except for North Carolina and Alabama, which were originally scheduled to be included in October of 2002, but whose inclusion Congress has extended indefinitely.Kelly Gordon Rogers

Witness - Person who testifies under oath before a court, regarding what he/she has seen, heard or otherwise observed.

Remand - To send back. A disposition by an appellate court that results in sending the case back to the original court from which it came for further proceedings. (13 December 2007 Kelly Gordon Rogers )

Kelly Gordon Rogers article


Workout - an arrangement, outside of bankruptcy, by a debtor and its creditors for payment or re-scheduling of payments of the debtor's obligations. Usually applies to an informal agreement between a business and its creditors, although it can be a formal agreement and it can also apply to consumer debtors.

Cramdown - confirmation of a plan of reorganization over the objections of one or more classes of creditors.( 26 September 2009 Blog article Kelly Gordon Rogers )


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