AFFAIRS OF STATE: Mirant v. Mirant: Can You "Reject" the Government? - Karen Cordry
BANKRUPTCY BY THE NUMBERS: Credit Card Debt in Chapter 7 Cases - Ed Flynn and Gordon Bermant
BENCHNOTES - Deborah D. Williamson and Ronald Hornberger
CHAPTER 11 - "101": An Overview of the Automatic Stay - Prof. John D. Ayer, Michael Bernstein and Jonathan Friedland
CONSUMER CORNER: Property of the Estate: Focusing in on Section 348(f) - Dianne C. Kerns and Stanley J. Kartchner
DIRECTOR'S COLUMN: From the Director - Samuel J. Gerdano
FEATURE ARTICLE: "We The People" Did Not Divest the States of Their Sovereign Immunity in Bankruptcy - David K. Pinckney
FEATURE ARTICLE: Global Sourcing and Distressed Companies - Frank Lazowski
FEATURE ARTICLE: Is It a Capital Contribution or a Loan? Update: Recharacterization - Practical Pointers in an Evolving Arena - Jo Ann J. Brighton
FEATURE ARTICLE: Removal of District Court Actions to Bankruptcy Court May Be Improper - Henry M. Karwowski
FEATURE ARTICLE: Should the Bankruptcy Code Be Amended to Protect Trademark Licensees? - Darren W. Saunders
FEATURE ARTICLE: The Scourge of Sarbanes-Oxley: Part I - Josefina Fernandez McEvoy
FEATURE ARTICLE: The Section 1111(b) Election: A Decision-making Framework - Joel L. Tabas
FINANCIAL STATEMENTS: Liquidations: Finding Value Creates Success - John Kokoska and Robert Starzyk
INTENSIVE CARE: The Role of an Examiner in Health Care Insolvencies - Samuel Maizel and J. Mark Abernathy
LEGISLATIVE HIGHLIGHTS: 108th Congress: 1st Session Wrap
LEGISLATIVE UPDATE: Poking Holes in GOlden Parachutes: Management Pensions at Risk in Bankruptcy - Prof. Marianne B. Culhane
LIEN ON ME: "Who's on First?" The Eighth Circuit Highlights the Interplay of "Circular Priority" and Bankruptcy Law - Deborah L. Thorne and Jesus E. Batista
MEMBERS IN THE NEWS
NEWS AT 11: When the Committee Is Not and When the Committee Is No More - Robert J. Keach and Michael A. Fagone
ON OUR WATCH: The U.S. Trustee Program's Criminal Enforcement Unit: Another Weapon in the Fight Against Bankruptcy Fraud and Abuse - Peter Ainsworth and Robert Calo
ON THE EDGE: Sorry, We Don't Allow That Here - Leonard P. Goldberger
PRACTICE & PROCEDURE: Substantive Consolidation of Non-debtor Entities: Tag, You're in Bankruptcy - Bruce H. White and William L. Medford
SIGNED, SEALED & DELIVERED: Soliciting Bondholders Pre-petition: Understanding the Basics - Jason A. Cohen, Melissa Jacoby and Jane Sullivan
STRAIGHT & NARROW: Balancing Creditor and Equity Interests Provides Incentive to Utilize Chapter 11 for Mutual Benefit - Richard E. Mikels
SUGGESTED READING: The Gloom & Doom Trap: The Two-income Trap: Why Middle-class Mothers and Fathers Are Going Broke - Ford Elsaesser
THE INTERNATIONAL SCENE: The International Year in Review - E. Bruce Leonard
TURNAROUND TOPICS: Turnaround the Revenue - Peter Van Niekerk and Kevin Leary
VALUE & CENTS: Solvency Analysis: A Primer on Applying Discounted Cash Flow - Dr. Allen Michel and Dr. Israel Shaked
WARREN & WESTBROOK, PROFESSORS OF LAW: Go Directly to Jail; Do Not Collect $200 - Prof. Elizabeth Warren and Prof. Jay L. Westbrook
AFFAIRS OF STATE: States' Rights and the Bankruptcy Code - Craig Peyton Gaumer
BEYOND THE QUILL: Identity Theft in the Bankruptcy World - Laura DiBiase
CHAPTER 11 - "101": What Every Secured Creditor (and Its Lawyer) Should Know About Chapter 11 - Prof. John D. Ayer, Michael Bernstein and Jonathan Friedland
CONSUMER CORNER: "You've Got Mail" - Is E-mail Noticing Too Much of a Good Thing? - Alane A. Becket and Tom Lee
FEATURE ARTICLE: Courts Limit Use of Transfer and Recording Tax Exemption to Post-confirmation Transactions - Andrew Pincus and Lance T. Eisenberg
FEATURE ARTICLE: I Pity the Greater Fool: The Market for Debtors' Old Equity Shares - Marc Bennett
FEATURE ARTICLE: Recharacterization from Debt to Equity: Lenders Beware - James H.M. Sprayregen, Jonathan Friedland and James R. Mayer
FEATURE ARTICLE: Successor Liability in Section 363 Sales - Ezra H. Cohen
FINANCIAL STATEMENTS: Understanding Short-term Cash Forecasts - Alan D. Holtz
LAST IN LINE: The Ordinary-course-of-business Defense to Preference Claims: First-time Transactions Count Too! - Bruce S. Nathan
LEGISLATIVE HIGHLIGHTS: Financial Literacy Bills Advance in Senate
LEGISLATIVE UPDATE: Retirement Savings and Bankruptcy: Recent Developments - Prof. Marianne B. Culhane
NEWS AT 11: Does the Constitution Require a Debtor to Be Insolvent to File for Bankruptcy? - Deborah A. Crabbe
PRACTICE & PROCEDURE: Former Officers and Directors as Members of the Unsecured Creditors' Committee: Who Is Serving on Your Committee? - Bruce H. White and William L. Medford
STRAIGHT & NARROW: They Filed Bankruptcy on Me?! Ethical Issues for Attorneys Collecting Pre-petition Legal fees for Bankruptcy Proceedings - C.R. "Chip" Bowles Jr.
THE INTERNATIONAL SCENE: The New German Rules on International Insolvency Law - Alfried Heidbrink
TURNAROUND TOPICS: A Hollywood Ending for Pre-petition Equity Interests - Kevin regan and John Yozzo
VALUE & CENTS: The Evolution of the Liquidator's Role in Restructuring Transactions - David Peress
WARREN & WESTBROOK, PROFESSORS OF LAW: Court-to-court Negotiation - Prof. Elizabeth Warren and Prof. Jay L. Westbrook
AFFAIRS OF STATE: SEC Receivers vs. Bankruptcy Trustees: Liquidation by Instinct or Rule - Marcus F. Salitore
CHAPTER 11 - "101": The Life Cycle of a Chapter 11 Debtor Through the Debtor's Eyes: Part II - Prof. John D. Ayer, Michael Bernstein and Jonathan Friedland
CONSUMER CORNER: Plan Modification May Be a Fait Accompli and Shift Risk of Loss - Timothy D. Moratzka
FEATURE ARTICLE: Bankruptcy Cases on the Supreme Court's October Term: Part II - Prof. Marianne B. Culhane
FEATURE ARTICLE: Communicate Effectively to Preserve Enterprise Value During Bankruptcy - Greg Bustin
FEATURE ARTICLE: Spendthrift Trusts: The Real (but Not Unlimited) Benefits in Bankruptcy - David S. Kupetz
FEATURE ARTICLE: Ten Practical Tips for Defending a Preference Action - Timothy M. Lupinacci
FINANCIAL STATEMENTS: Statement of Financial Accounting Standards No. 150: Developments in the FASB's Project to Examine the Accounting for Financial Instruments with Characteristics of Liabilities, Equity or Both - James M. Lukenda
FIRST THINGS FIRST: Who Wins in the Race to Get Break-up Fees Approved? - Debra I. Grassgreen, Laura Davis Jones, James H.M. Sprayregen and James A. Stempel
INTENSIVE CARE: Asset-protection Strategies for Physicians - John T. Mulligan
LEGISLATIVE HIGHLIGHTS: Presidential Hopefuls Take Differing Views on Bankruptcy Reform
LEGISLATIVE UPDATE: H.R. 975 Flunks the Common-sense Test When It Comes to Child Support - Hon. Margaret Dee McGarity
LIEN ON ME: Revised Article 9 and Government Entitlement Program Payments: A Suggested Solution to Classification Confusion - Hon. John K. Pearson and Sally J. Fisher
NEWS AT 11: Tenants Beware - Your Lease Rights May Be Subject to Termination by the Bankruptcy Court - Peter N. Tamposi
ON THE EDGE: Deprizio Can't Be Invoked to Apply the Insider Preference Period to Outside Creditors, Period - John R. Clemency and LaShawn D. Jenkins
PRACTICE & PROCEDURE: Components of a Non-residential Real Property Lease Rejection Claim - Bruce H. White and William L. Medford
STRAIGHT & NARROW: Chasing Committees: The Ethics of Entertainment Solicitation - Michael P. Richman
TURNAROUND TOPICS: Common Sense, Nonsense and Higher Authorities: The Need for Improved Chapter 11 Financial Disclosures - Harvey L. Tepner
VALUE & CENTS: The Use of M&A Transactions in Bankruptcy Valuations: Reasons Why Acquirers Overpay: Part II - Robert F. Reilly