On Bankruptcy and Mediation
By Donald L. Swanson “The decision here is most likely all or nothing. One side is going to win and the other side is going to lose—and that’s going to be very happy on one side and very tough on the other side.” --Judge Steven Rhodes, encouraging parties to reach a settlement, as quoted in... Continue Reading →
By Donald L. Swanson Mediators are appointed as “special masters” in the U.S. District Courts. Such appointments are authorized by Fed. R. Civ. P. 53. Examples of Mediators as Special Settlement Masters Mediators appointed as special settlement masters are often given a broad range of authority to act proactively on the court’s behalf. One example is In... Continue Reading →
By: Donald L. Swanson “Whereas, mediation may provide an opportunity to consensually resolve the Mediation Issues . . . It Is Therefore, Ordered” that “Representatives of the following parties and their counsel are directed to attend the Mediation in person: (i) the Debtors, (ii) the Committee, . . . [etc.] . . . “ Stuart... Continue Reading →
By: Donald L. Swanson Here is a common experience in the bankruptcy courts (and other courts) where mediation is a new or little-used tool: Attorneys have been practicing for years in this court without using mediation. And mediation is slow to catch on. Here’s why: --Attorneys who practice in this court aren’t accustomed to using... Continue Reading →
By Donald L. Swanson “Puerto Rico’s federally appointed financial oversight board scheduled mediation in debt restructuring talks between the U.S. Territory’s general obligation bondholders and holders [of other debts] backed by sales tax revenue.” The mediation “will run from April 10-13 in New York.” --Reuters.com, March 31, 2017, at 11:09 a.m. An hour later, March... Continue Reading →
By: Donald L. Swanson “We are not final because we are infallible, but we are infallible only because we are final.” --From concurring opinion of U.S. Supreme Court Justice Robert H. Jackson, in Brown v. Allen, 344 U.S. 443 (1953), on role and function of the U.S. Supreme Court. Structured dismissals are [correction: were] a... Continue Reading →
By: Donald L. Swanson “I think it is unwise for the Court to decide” this issue because: (i) “Experience shows that we would greatly benefit from the view of additional courts of appeals on this question,” and (ii) “We also would have benefited from full, adversarial briefing.” --Justice Clarence Thomas, dissenting in Czyzewski v. Jevic... Continue Reading →
By: Donald L. Swanson The case is MF Global Holdings LTD. v. PricewaterhouseCoopers LLP, Case No. 14-cv-2197 in the U.S. District Court for the Southern District of New York. Hon. Victor Marrero is the presiding Judge. This case concludes by settlement, last week, in the middle of trial. Claims Asserted Plaintiff asserts in this lawsuit... Continue Reading →
By: Donald L. Swanson A Staffing/Caseload Problem We have a staffing and caseload problem that's waiting-to-happen in the bankruptcy world: The number of bankruptcy filings is down, systemwide, and has been for several years. And budget pressures are on the increase. As a result, bankruptcy vacancies (e.g., for judgeships, clerkships, panel trustee positions, clerk of... Continue Reading →
By Donald L. Swanson A mediator is, by definition, a "neutral." Neutrality seems to be a straight-forward concept: it means not-taking-sides. But not-taking-sides is, apparently, not all that simple. Check out this excellent article and this fine series of essays on the subject. Efforts to define or explain "neutrality" often get bogged down. Sometimes, new... Continue Reading →
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