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The Bankruptcy Act of 1898 (Act of July 1, 1898, ch. 541, 30 Stat. 544) was the first permanent bankruptcy law and remained in effect until the passage of the Bankruptcy Reform Act of 1978 (Pub. L. 95–598, 92 Stat. 2549, November 6, 1978). The 1898 Act created "courts of bankruptcy" defined as the district courts of the United States.
Attorneys who dabble in a little of everything are likely not aware of the granular aspects of bankruptcy law or up to speed with the latest legal developments in this area of practice.
Hall Estill is an American law firm headquartered in Tulsa, Oklahoma with additional offices in Oklahoma City, Northwest Arkansas, and Denver, Colorado.Hall Estill ranks among the 400 largest U.S. law firms by domestic attorney headcount. [1]
Certain scholars and politicians have advocated for a reform of the law to allow states to seek bankruptcy. [6] [3] [4] They argue that the law will require voluntary consent by the state and will not give the federal government or creditors the power to force a bankruptcy; therefore it would not interfere with state sovereignty or be unconstitutional.
As a member of Rose Law Firm from 1964 to 2012, Herb practiced law in the areas of utility rate regulation, environmental, labor, bankruptcy, real estate and commercial lending and litigation, oil and gas, and eminent domain. In his 48-year legal career, Herb has tried over 100 trials, 65 appeals and has appeared before the Arkansas Supreme Court.
In 1998, Hendricks wrote an article, which was published in The Arkansas Lawyer, entitled “Barbarians at the Gate: Image, Ethics and the Unauthorized Practice of Law,” The Arkansas Lawyer, Vol. 33, No. 3 (Summer 1998). Of the criticisms that lawyers often articulate against other attorneys in different practice areas, Hendricks wrote:
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