Press Release


Janet Northrup of Hughes Watters Askanase
Chosen to Speak on Small Business Reorganizations
and Consumer Bankruptcy Issues at June 2008 Legal Events

HOUSTON (June 17, 2008) - Janet S. Northrup, of counsel attorney to Hughes Watters Askanase L.L.P. (HWA), was chosen to speak at the University of Houston's (U of H) Advising Small and Midsize Businesses course in Houston on June 12 and in Dallas on June 20. Northrup also will speak at the 2008 State Bar of Texas Annual Meeting which is set for June 26-27 at the George R. Brown Convention Center in Houston.

About the U of H Courses

Entitled "Advising Small and Midsize Businesses: Bankruptcy and Alternatives: Planning Ahead When Times Are Bad," Northrup's presentations for the U of H Law Center cover the options available to financially distressed businesses-focusing primarily on Chapter 13 bankruptcy alternatives for businesses.  She was chosen to be a presenter for the U of H courses because of her experience in handling small business reorganizations, previous presentations that she has given for U of H and her reputation as a presenter for other professional organizations.

"With the present state of the economy, small businesses are getting caught in a cash crunch necessitating some form of relief.  In many situations a Chapter 13 is the most economical and efficient avenue available to achieve this purpose.  I enjoy speaking at U of H especially since I received my Doctor of Jurisprudence degree from the U of H Law Center in 1980," Northrup said.

Designed for practical application in the workplace, the U of H courses focus on important issues in the structure, finance, and operation of small and midsized businesses. It covers buying and selling a business, shareholder agreements and voting trusts, raising capital, negotiating with lenders, leases, business insurance policies, intellectual property issues, environmental law, contractual provisions that protect the business, avoiding employment law claims, executive compensation, employee health and welfare plans, ethics, protecting and piercing the corporate veil, taking money out of the business, winding up and dissolving the business, and bankruptcy. Attendees qualify for 12 hours of Minimum Continuing Legal Education credit. For more information or to register, please visit http://www.law.uh.edu/cle/description.asp?CID=2354.

About the State Bar of Texas Annual Meeting Presentation

At the State Bar of Texas Annual Meeting, Northrup will serve as one of the panelists for a presentation entitled "Consumer Bankruptcy Law: A Panel Discussion on Debtor Compliance Issues, Turnover of Assets, Section 521 Issues, Mortgage Claims in Bankruptcy, and Case Law Update."

Mark Weisbart, the moderator for the panel discussion, recommended Northrup for the presentation.  She was chosen because of her experience as a Chapter 7 Bankruptcy Trustee since 1986, her role as a premier debtor's attorney specializing in small business and consumer bankruptcies, and her speaking experience.

"I hope to bring some insights and engage in discussion on current case decisions from the state of Texas and the Fifth Circuit regarding various topics and issues.  This is a great opportunity to discuss what is currently happening around the state and compare and contrast how the various courts are handling the issues," Northrup commented.

Attendees at the 2008 State Bar of Texas Annual Meeting can pay one fee and attend multiple courses to earn CLE credits as well as other events.  For more information on the State Bar of Texas Annual Meeting, please visit http://www.texasbar.com/.

About Northrup

Northrup, who joined HWA in 2007, is recognized as one of the top consumer bankruptcy experts in Texas and has been named a Super Lawyer by Texas Monthly magazine. She is certified in consumer bankruptcy law by the Texas Board of Legal Specialization.  She also has been a Chapter 7 Trustee for the Southern District of Texas since 1986.

For a full biographical profile on Northrup, please visit http://www.hwa.com/

About Hughes Watters Askanase

For more than 30 years, Hughes Watters Askanase L.L.P. has helped business organizations, financial institutions and individuals succeed with their business endeavors. The firm's attorneys play a strategic role and support clients through every stage of existence and operation, from formation to liquidation. The practice focuses on the six interrelated areas which provide the greatest opportunities and most challenging obstacles: business bankruptcy, business planning and strategy, default servicing, real estate and finance, consumer financial services, and commercial litigation. For more information on Hughes Watters Askanase L.L.P., please visit http://www.hwa.com/.

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