Of Counsel Elizabeth Stephens was interviewed by Law360 for their article titled, “Washington Policy Rush Could Crowd Out Bankruptcy Reform.” The article discusses how long desired reforms in the bankruptcy code regarding venue and executive bonuses will most likely be further delayed by the new Congress and Biden administration as the primary focus is on the on-going effects of the COVID-19 pandemic. However, the article also states that many bankruptcy professionals, including Ms. Stephens, agree that smaller changes to the bankruptcy rules and procedures are still possible.
The article notes Ms. Stephens’ opinion that “those in Washington who wish to pursue bankruptcy reform would do better to propose some of the incremental changes that have been floating around the halls of Congress for several years.” Furthermore, Ms. Stephens stated, “‘It seems to me the smart thing to do, since Congress is going to be so busy for the next 100 days at least, if you were interested in testing the waters, take one of the more innocuous bills and see how that goes with the new Congress and the president.'”
For more information, contact Ms. Stephens at email@example.com.
Ms. Stephens serves as managing attorney of Sullivan Hill’s Las Vegas office. She practices in the area of insolvency and bankruptcy, primarily representing trustees and creditors in consumer bankruptcies. She is also an experienced appellate lawyer, having successfully litigated before the Ninth Circuit, the Ninth Circuit Bankruptcy Appellate Panel, courts of the District of Nevada and the Supreme Court of the State of Nevada, as well as the State of Wisconsin.
About Sullivan Hill:
Sullivan Hill has provided efficient, aggressive and responsive legal representation for more than 50 years. The firm provides full service representation to clients in a variety of industries with an emphasis in insolvency, construction disputes, insurance coverage, real estate, business disputes, civil litigation, and transactional work. The firm has offices in San Diego and Las Vegas.