NBRC Full Commission Meeting
August 11-12, 1997
Federal Judicial Center/Education Center Auditorium
Thurgood Marshall Federal judiciary Building
One Columbus Circle NE
Washington, D.C.

Monday, August 11, 1997

8:30 a.m. - 9:00 a.m. Opening Remarks and Administrative Matters
  • Congressional legislation: Single asset real estate cases and H.R. 764 - "Bankruptcy Amendments of 1997"
  • Approval of May and June meeting minutes
  • Discussion: Associated Commercial Corp. v. Rash - Valuation Method and Timing
9:00 a.m. - 10:45 a.m. Plenary Session: Tax Issues
(Panel & Issues Still to Be Determined by Commissioner James Shepard and Professor Jack Williams)

10:45 a.m. - 11:00 a.m. Break
11:00 a.m. - 12:00 p.m. Plenary Session: Data Collection and Dissemination
Presentation by Commissioner John Gose and Professor Lynn LoPucki

Chapter 11 Working Group Proposal No. 3 - Data Collection
12:00 p.m. - 1:00 p.m. Lunch Break
1:00 p.m. - 2:30 p.m. Plenary Session: Transnational Insolvency
Panel Presentation and Commission Deliberation

Transnational Working Group Proposal No. 2 - Conforming UNCITRAL Changes
2:30 p.m. - 3:30 p.m. Plenary Session/Voting
  • Service to the Estate & Ethics Working Group Proposal No. 7 - Trustee Liability
  • Service to the Estate & Ethics Working Group Proposal No. 9 - U.S. Trustee Program
  • Consumer Bankruptcy Working Group Proposal No. 6 - In Forma Pauperis
3:30 p.m. - 3:45 p.m. Break
3:45 p.m. - 4:45 p.m. Continued Plenary Session/Voting
  • Reconsideration of Chapter 11 Working Group Proposal No. 2 - Claims Classification
  • Government Working Group Proposal No. 4 - Improving Notice to Government Creditors
  • Agreements in Chapter 9
4:45 p.m. - 5:30 p.m. Open Forum

Tuesday, August 12, 1997

8:30 a.m. - 9:15 a.m. Presentation on Consumer Education
Babette Ceccotti and Professor Karen Gross
9:15 a.m. - 10:45 a.m. Plenary Session
Small Business and Single Asset Real Estate Issues

  • Small Business Working Group Proposal No. 10 - Elimination of $4 Million Cap for Single Asset Real Estate Cases/Pending Legislation
  • Small Business Working Group Proposal No. 11 - Definition of Single Asset Real Estate
  • Small Business Working Group Proposal No. 12 - Loan-to-Value/New Value Single Asset Real Estate Plans
10:45 a.m. - 11:00 a.m. Break
11:00 a.m. - 12:30 p.m. Plenary Session/Voting
  • Consumer Bankruptcy Proposals Nos. 3 - 5 - Dischargeability & Discharge Proposals
  • Chapter 11 Working Group Proposal No. 16 - Use of Mediators in Bankruptcy Cases
  • Chapter 11 Working Group Proposal No. 17 - Use of Examiners in Bankruptcy Cases
  • Chapter 11 Working Group Proposal No. 13 - Impairment
12:30 p.m. - 1:30 p.m. Lunch Break
1:30 p.m. - 3:30 p.m. Continued Plenary Session/Voting
Additional issues to be determined

  • Reconsideration of Chapter 11 Working Group Proposal No. 7 - Clarification of §363(f)
  • Reconsideration of Chapter 11 Working Group Proposal No. 9 - Pre-bankruptcy Waivers
3:30 p.m. - 3:45 p.m. Break
3:45 p.m. - 5:00 p.m. Open Forum