Firm News and Events
Beth Rogers listed among the Cambridge Who’s Who
Beth Rogers and Rogers Law Offices has been chosen to participate in the ” Best of Atlanta 2012″ series. CLICK HERE to read more.
Foundations and Associations:
Muscular Dystrophy Association:
Rogers Law Offices is a perennial supporter of the Muscular Dystrophy Association (MDA): http://quest.mda.org/article/getting-involved-top-execs-do-time-mda
Please click on this link to see Beth Roger’s (one of MDA’s ‘Most Wanted’!) support of the Midtown Telethon Executive Lock-Up on August 23, 2011.
Georgia Lions Lighthouse Foundation:
Scott and Beth Rogers are supporting members and annual individual donors to the Georgia Lions Lighthouse Foundation: http://www.lionslighthouse.org/
Southeast Real Estate Business:
Rogers Law Offices is a continuing supporter of the Southeast Real Estate Business newsletter: http://www.southeastrebusiness.com/
Atlanta Bar Association – Small Firm/Solo Practitioner, Board Member
National Association for Female Executives, Member
Turnaround Management Associations, Member
Upcoming Speaking Engagements:
Bankruptcy Law and Litigation; National Business Institute; Monday, May 14, 2012, Atlanta, GA
For more information on this seminar please click here.
Recent Speaking Engagements:
Bankruptcy Law and Litigation, National Business Institute Seminar, May 5, 2010
Bankruptcy: Motions for Relief from Stay, National Business Institute, 2010
Important Legal News:
Rogers Law Offices wants to keep you informed of new and proposed legislation in Georgia. Please read the below to see how a proposed bill in the State Senate may affect Creditors’ Rights Laws in Georgia. Please let us know your thoughts.
Senate Bill 488 (“SB 448”) may significantly alter creditor’s rights laws against guarantors by limiting a successor creditor’s recovery amount on debt obligations
Introduced by Senator Don Balfour (R-Snellville), the “Small Business Borrower Protection Act” would limit the amount recoverable by a successor debt purchaser under a guaranty to the lesser of the “maximum amount permitted to be collected under the guaranty” or the “actual amount paid for the debt obligation, plus interest” at the non-default rate. The Act does not apply to “institutions with federally insured deposits or their affiliates”; however, in its current form, it is unclear whether the exclusion applies to FDIC purchasers or sellers, or both. As applied, the proposed legislation is problematic to banks that routinely sell debt obligations on the secondary market and successor private investment firms that purchase such debt. In effect, this Bill would limit the pool of potential purchasers and leave banks with the inability to sell off bad debt and investors without the ability to turn a profit. SB 448 would also effectively repeal longstanding law and principles under the Uniform Commercial Code which governs negotiable instruments. If enacted, the Bill would negate the free transferability of Notes and Guaranties, which are part and parcel of the Note, by not affording the transferee/purchaser the same rights as the original lender. There are also numerous other practical and constitutional problems with the Bill.
As of March 1, 2012, SB 448 was passed by Senate and is currently being reviewed by the House Banks & Banking Committee, chaired by State Representative Greg Morris (R-Vidalia). Track SB 448 at http://www.legis.ga.gov/Legislation/en-US/display/20112012/SB/448