By Shirley Palumbo

I still recall many years ago, pre- In re Kalter , when I went to the bankruptcy court in Miami for the first time. It was a rainy day; thunderstorms all over the place. I had a small umbrella that served no purpose as I crossed the street to enter the Claude Pepper Building and head upstairs to the courtroom. The court was packed; my suit and hair were soaking wet. The creditor’s attorney was waiting for me together with his witness, albeit this was a preliminary hearing on a motion for violation of the automatic stay.

BLS Blog: Does Reddit's Attack on Wall Street Create Civil Liability?

By Zach Hyman

In January 2021, users of the popular internet forum, Reddit, banded together to purchase stock in GameStop, with the intent to deprive private equity funds of their investments in shorts with respect to the company, by inflating the value of its stock. These users could have purchased products from GameStop which would have created the same result and would have provided GameStop with much needed capital to continue to operate. Instead, they chose to purchase an ownership interest in the Company, without contributing any capital, leaving GameStop in a position where it has too high of a valuation to raise capital, and received no real benefit as a result of these trades.

Racism in the workplace has impacted people of color for many years. It still exists despite laws such as Title VII of the Civil Rights Act which prohibits employment discrimination based on race, color, religion, sex and national origin. The time has come to offer solutions that can remedy the consequences of racism and discrimination. This CLE will discuss how businesses must be held accountable in setting specific goals to fight racism and highlight some measures to take to prevent, eliminate and remedy its impact.

Get a greater understanding of the potential leadership roles within the Business Law Section, how to get involved in bar leadership, and the benefits of serving within those roles. Free! Speakers include current chair Leyza Blanco as well as past chairs Judge Mindy Mora and Gregory Yadley.

Register here.