Welcome

Welcome to the web site of the National Association of Chapter 13 Trustees (NACTT).

The NACTT was founded by 34 Chapter XIII trustees in 1965. Currently, more than 200 Chapter 13 standing trustees serve in the 50 states and Puerto Rico. Today, the NACTT has grown to more than 1,000 members whose membership consists of trustees, bankruptcy judges, lawyers for debtors and creditors, certified public accountants and other insolvency related professionals.

Our organization is dedicated to the highest standards of education related to Chapter 13 bankruptcy and education is the focal point of the NACTT's annual seminar. Members of the NACTT receive the NACTT Quarterly, the official publication of the organization, and reduced rates on NACTT seminars. The Quarterly emphasizes local and national developments in Chapter 13 bankruptcy.

Bankruptcy News Feed

Thu, 24 Oct 2013 21:20:00 Z -

Blog Post: Stroock Faces $80 Malpractice Suit Over Soured Loan Deal

A New York condo developer filed an $80 million malpractice suit Tuesday against Stroock & Stroock & Lavan LLP, the law firm that was advising it when it defaulted on a loan for a multifamily project that had gone stagnant in 2009's dampened real estate market.

Thu, 24 Oct 2013 21:11:00 Z -

Blog Post: PE Firm Ducks Bus Driver's Employment Suit

A Delaware bankruptcy judge Wednesday tossed a putative class action against Fenway Partners LLC, finding claims brought on behalf of bus drivers once employed by bankrupt Coach America Inc. had no plausible connection to the private equity firm.

Thu, 24 Oct 2013 20:27:00 Z -

Blog Post: Chicago Spire Developer Wants Ch. 11 Moved To Ill.

The Chicago Spire developer, hit in Delaware with an involuntary bankruptcy petition earlier this month, said Thursday it wants the case moved to the Windy City, a community it argues will be much more affected by the outcome and where all of the major stakeholders are located.

Thu, 24 Oct 2013 18:55:00 Z -

Blog Post: NYC Ballet Appointed To NYC Opera's Creditor Committee

U.S. Trustee Tracy Hope Davis on Wednesday appointed an official unsecured creditors committee to New York City Opera Inc.’s bankruptcy case made up so far of just three members, including New York City Ballet Inc.

Thu, 24 Oct 2013 18:31:00 Z -

Blog Post: Hedge Funds Can't Look Into $1B Lehman Claim Sale

A New York bankruptcy judge on Thursday rebuffed several hedge funds' efforts to examine Elliott Management Corp.'s £650 million ($1.05 billion) purchase of an outstanding claim against Lehman Brothers Holdings Inc.'s European unit, saying the funds had presented no evidence that the transaction was suspect.

Thu, 24 Oct 2013 18:25:00 Z -

Blog Post: Senior Lenders Sue Cengage Over $430M Withdrawal

Cengage Learning Inc.'s senior lenders asked a New York bankruptcy judge Wednesday to create a trust to protect what remains of the $430 million the textbook publisher withdrew from its credit account just before it went under.

Thu, 24 Oct 2013 17:20:00 Z -

Blog Post: Hotel Staffing Co. Enters Ch. 11 With PE-Backed Sale Plan

Hospitality Staffing Solutions Group LLC, one of the nation's largest staffing firms for the hotel industry, filed for Chapter 11 protection Thursday in Delaware, with an affiliate of private equity firm Littlejohn & Co. LLC lined up as stalking horse bidder for a bankruptcy sale.

Thu, 24 Oct 2013 16:20:00 Z -

Blog Post: Bankrupt Grocer Fresh & Easy Gets Nod For Nov. Auction

A Delaware bankruptcy judge on Thursday approved bidding procedures that will allow for the Chapter 11 sale of Fresh & Easy Neighborhood Market Inc., with a unit of private equity firm Yucaipa Cos. LLC lined up as the stalking horse bidder.

Thu, 24 Oct 2013 16:17:00 Z -

Blog Post: Bankrupt 'Life of Pi' Studio Gets Nod For $1M Worker Deal

A Los Angeles federal bankruptcy judge on Wednesday approved a $1 million settlement for a class of workers that claims the now-bankrupt visual effects studio behind “Life of Pi” breached the Workers Adjustment and Retraining Notification Act when it didn’t pay them after the company shut down.

Thu, 24 Oct 2013 16:02:00 Z -

Blog Post: Lehman Judge Disses FHFA's Bid For $1B Claim Priority

The judge overseeing Lehman Brothers Holdings Inc.’s liquidation on Thursday told attorneys for Freddie Mac and the Federal Housing Finance Agency that they are unlikely to prevail in their bid to have their $1.2 billion claim against the defunct bank’s estate heard outside of bankruptcy.

Latest NACTT News

Welcome New Trustee Gregory Burrell
Posted: Monday, November 4th, 2013
The NACTT would like to welcome Greogry Burrell as the new Trustee in Minneapolis, MN.

6th Annual Law Student Writing Contest
Posted: Tuesday, October 1, 2013
Entries must be received by April 30, 2014
Click link above for additional Information

Congratulations to Robert Browning
Retiring Trustee in September 2013
Posted: Monday, August 19, 2013
The NACTT would like to thank Bob for his many years of service to the NACTT and as a Trustee

Congratulations to Jasmine Keller
Retiring Trustee in September 2013
Posted: Tuesday, April 23, 2013
The NACTT would like to thank Jasmine for her many years of service to the NACTT and as a Trustee.

Annual Seminars

2014
July 16-19, 2014
Marriot Downtown Magnificent Mile
Chicago, IL

Mid-Year Meetings

2014
January 23-25, 2014
The Mayflower Renaissance
Washington, DC

NACTT Mission Statement

The NACTT will provide a forum within which Chapter 13 Trustees will act as an information and communication resource to advance education, leadership, and continuous improvement in the administration of bankruptcy. We will provide the means to establish and implement professional standards and participate in the national legislative and administrative processes while promoting the highest ethical principles.

Legal

Information presented on this Web site is collected and maintained for the convenience of the reader. While every effort is made to keep such information accurate and up-to-date, the National Association of Chapter 13 Trustees (NACTT) does not certify the authenticity of information herein that originates from third parties. NACTT shall under no circumstances be liable for any actions taken or ommissions made in reliance on any information herein from whatever source or any other consequences of any such reliance.

Contact

Courtney LC Waldrup, Executive Director
1 Windsor Cove, Suite 305
Columbia, SC 29223
Phone: 800-445-8629/803-252-5646
Fax: 803-765-0860

Email: Info@NACTT.com

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