The New Jersey Turnaround Management Association, in partnership with Rutgers Center for Corporate Law and Governance, is pleased to present the 2nd Annual Honorable Rosemary Gambardella Scholarship Competition.
The competition, named in honor of Judge Rosemary Gambardella, U.S. Bankruptcy Court for the District of New Jersey and a longtime NJTMA member, has started and participating students in Professor Chrystin Ondersma’s Fall 2017 bankruptcy law section at Rutgers Law School are issue spotting in a hypothetical case prepared by Committee members. The first round of competition is by written submission. The final round of the competition will be held at the Baker Trial Courtroom on November 13. Judge Rosemary Gambardella will judge the final oral argument round of competition, along with Judge Michael B. Kaplan and Judge Vincent F. Papalia, all sitting judges in the United States Bankruptcy Court for the District of New Jersey.
The fact pattern for the competition involves a fictional couple, whose husband starts his own company, which fails, and through which he subsequently defrauds investors. After he and his wife agree to a divorce and division of marital assets, he declares personal bankruptcy and files a Chapter 7 bankruptcy for his company. Law students will evaluate all the potential bankruptcy issues from the perspective of the debtor, creditors and trustee. Six students, divided into groups of two, will compete in the final round and will present oral arguments on Monday, November 13, 2017. The presenters of the three winning arguments will be awarded $1,500 each in scholarship money, and one of the remaining three will be declared a runner-up, and will receive a $500 prize.
Monday, November 13, 2017
5:30-6:00 p.m. – Registration
6:00-8:00 p.m. – Competition
8:00-10:00 p.m. – Networking at Barcade
Registration and Competition:
Rutgers Law School Center for Law & Justice
Baker Trial Courtroom – 1st Floor
123 Washington Street, Newark, NJ 07102
Cocktails and Networking:
494 Broad Street, Newark, NJ 07102