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  • videocam On-Demand
  • card_travel Personal Injury and Med Mal
  • schedule 90 minutes

Protecting Personal Injury Claims in Bankruptcy Cases

Complexities of Property of the Estate, Stay Relief, Judicial Estoppel, Exemptions, and More

$197.00

This course is $0 with these passes:

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Description

Any party in a personal injury matter--plaintiffs, defendants, co-parties, future claimants--could file bankruptcy before, during, or after a civil action is initiated or a claim arises. That filing has an impact on the personal injury claim. Personal injury attorneys can be overwhelmed in deciding how to respond, fearing the case is over, or giving up options and rights.

Bankruptcy cases involving personal injury claims are complex, but there are ways to protect against personal injury, wrongful death, and similar claims. Counsel need to understand whether the claim is property of the estate and if the automatic stay applies, what it applies to, and whether any party is attempting to enforce claims against the debtor. Counsel also need to know which non-bankruptcy courts have concurrent jurisdiction to decide which kind of stay issues. Bankruptcy Rule 2004 permits broad discovery of the debtor's financial condition, and such examinations often yield valuable information beyond what is in the debtor's schedules.

Counsel representing a plaintiff who seeks bankruptcy relief should make certain that the matter is correctly and fully disclosed. Failure to disclose is the biggest threat to personal injury claims. Attorneys representing the plaintiff may be asked by a trustee or a debtor in possession to continue or initiate a personal injury lawsuit. Contingency fee arrangements are not forbidden. If the plaintiff is the debtor, it may be able to exempt the lawsuit.

Counsel will also want to understand the settlement process and what happens to settlement proceeds paid to a plaintiff before, during, or after bankruptcy, including the order in which medical liens, secured creditors, tax claimants, and other creditors' claims might be paid.

Listen as this panel discusses the consequences of bankruptcy on a personal injury case and what action counsel for either the plaintiff or defendant can take to preserve the claims and defenses.

Presented By

John T. Baxter
Attorney
Nelson Mullins Riley & Scarborough LLP

Mr. Baxter focuses his practice on bankruptcy law and consumer financial litigation. He has experience representing both debtors and creditors in Chapter 11 proceedings touching on a diverse set of industries and has represented clients in bankruptcy and commercial litigation matters in state, federal, and appellate courts.

Kurt A. O’Keefe
Founder
Detroit Bankruptcy Lawyer Kurt O’Keefe

Mr. O’Keefe is a solo practitioner with 30 plus years of experience in bankruptcy and other consumer law fields, with an emphasis on representing student loan debtors. He is board certified in consumer bankruptcy law by the American Board of Certification since October 11, 2001.  Mr. O’Keefe is a participant in pro bono program of Bankruptcy Court for the Eastern District of Michigan, 2003 to date. and Michigan State Chair for the more than 180 plus state members of the National Association of Consumer Bankruptcy Attorneys.

John C. Ruddy
Managing Member
Ruddy & Petersen Law Group, LLC

Mr. Ruddy concentrates his practice in the areas of litigation concerning family law, eminent domain, condemnation, bankruptcy reorganization, and commercial matters. He also concentrates his practice on many aspects of import-export transactions and logistics.

Credit Information
  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.


  • Live Online


    On Demand

Date + Time

  • event

    Wednesday, February 10, 2021

  • schedule

    1:00 p.m. ET./10:00 a.m. PT

  1. Property of the estate
  2. Automatic stay issues
    1. Claims against the debtor vs. claims filed by the debtor
    2. Counterclaims, cross-claims, third-party claims
    3. Claims against non-debtor defendants
    4. Relief from stay
    5. Tolling
    6. Concurrent jurisdiction
  3. Standing and judicial estoppel
  4. Exemptions
  5. Taking advantage of bankruptcy discovery
  6. Issues arising from post-judgment bankruptcies

The panel will review these and other important issues:

  • To what claims does the automatic stay apply?
  • What kind of stay relief is available?
  • What is judicial estoppel?
  • Does the bankruptcy court have to approve the settlement?
  • How are the proceeds distributed?