Breakout session 6 | The sharing, splitting, unbundling, factoring, financing, bifurcation, and disclosure of attorney fees: Ethical ramifications and what you need to know: Eastern District (qualifies for 1.0 ethics hour)

Speakers: Seth A. Albin, Summers Compton Wells LLC, St. Louis; Joseph R.  Schlotzhauer, Department of Justice, U.S. Trustee, St. Louis
A panel discussion of the latest cases and developments related to what debtors' attorneys may charge their bankruptcy clients and related issues regarding accurate disclosure of fees and consequences for failure to disclose.  We will review:
   1. The case law regarding debtors' attorneys fees is developing rapidly.
   2. There are potential Bankruptcy Code, Bankruptcy Rule, and ethical violations for attorneys who fail to comply, including sanctions, disgorgement, penalties and disciplinary referrals
   3. The presentation will give practical advice for how to structure fee agreements to avoid running afoul of various legal requirements and possible monetary and nonmonetary sanctions.