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Patrick Shea (California Lawyer)
Patrick C. Shea is an attorney in California. He was the federal court-appointed attorney that represented 170-plus municipal entities with investments of over $5 billion in the Orange County, California Chapter 9 bankruptcy. On December 6, 1994, the County of Orange declared Chapter 9 bankruptcy, from which it emerged in June 1995. The Orange County bankruptcy was the largest municipal bankruptcy in U.S. history. Following a tumultuous several year period of financial disclosures by the City of San Diego relating to its massively underfunded pension and retiree health care system, in 2005 Shea ran for mayor of San Diego on a platform of filing a Chapter 9 bankruptcy for the city in order to restructure its troubled financial condition. Career Shea is a lawyer and businessman, as well as a strategic adviser in financial structures, capital structures, capital projects, and private/public sector He has represented or advised many of the nation's largest financial institutions, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orange County, California
Orange County is located in the Los Angeles metropolitan area in Southern California. As of the 2020 census, the population was 3,186,989, making it the third-most-populous county in California, the sixth-most-populous in the United States, and more populous than 19 American states and Washington, D.C. Although largely suburban, it is the second-most-densely-populated county in the state behind San Francisco County. The county's three most-populous cities are Anaheim, Santa Ana, and Irvine, each of which has a population exceeding 300,000. Santa Ana is also the county seat. Six cities in Orange County are on the Pacific coast: Seal Beach, Huntington Beach, Newport Beach, Laguna Beach, Dana Point, and San Clemente. Orange County is included in the Los Angeles- Long Beach-Anaheim Metropolitan Statistical Area. The county has 34 incorporated cities. Older cities like Old Town Tustin, Santa Ana, Anaheim, Orange, and Fullerton have traditional downtowns dating back t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 9, Title 11, United States Code
Chapter 9, Title 11, United States Code is a chapter of the United States Bankruptcy Code, available exclusively to municipalities and assisting them in the restructuring of their debt. On July 18, 2013, Detroit, Michigan became the largest city in the history of the United States to file for Chapter 9 bankruptcy protection. Jefferson County, Alabama, in 2011, and Orange County, California, in 1994, are also notable examples. The term 'municipality' denotes "a political subdivision or public agency or instrumentality of a State," but does not include a state itself. States are therefore unable to file for bankruptcy, even though they have defaulted in their obligations. History The first municipal bankruptcy legislation was enacted in 1934 during the Great Depression. Although Congress attempted to draft the legislation so as not to interfere with the sovereign powers of the states guaranteed by the Tenth Amendment to the Constitution, the Supreme Court held the 1934 Act u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1996 Republican National Convention
The 1996 Republican National Convention convened at the San Diego Convention Center (SDCC) in San Diego, California, from August 12 to August 15, 1996. The convention nominated former Senator Bob Dole from Kansas, for president and former Representative and secretary of Housing and Urban Development Jack Kemp, from suburban Buffalo, New York, for vice president. Background Political context After a bitter primary, Dole had secured the Republican presidential nomination—but at high cost, financially and politically. The Party had lost momentum after President Bill Clinton successfully co-opted the historically Republican issues of crime and welfare reform and portrayed House Speaker Newt Gingrich as an extremist. Within his own party, Dole was under pressure from both sides of the political spectrum. Social liberals such as California Governor Pete Wilson and Massachusetts Governor William Weld loudly argued to remove the Human Life Amendment plank from the conven ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Juris Doctor
The Juris Doctor (J.D. or JD), also known as Doctor of Jurisprudence (J.D., JD, D.Jur., or DJur), is a graduate-entry professional degree in law and one of several Doctor of Law degrees. The J.D. is the standard degree obtained to practice law in the United States; unlike in some other jurisdictions, there is no undergraduate law degree in the United States. In the United States, along with Australia, Canada, and some other common law countries, the J.D. is earned by completing law school. It has the academic standing of a professional doctorate (in contrast to a research doctorate) in the United States, – mentions that the J.D. is a “professional doctorate”, in § ‘Data notes’ – describes differences between academic and professional doctorates; contains a statement that the J.D. is a professional doctorate, in § ‘Other references’. where the National Center for Education Statistics discontinued the use of the term "first professional degre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diann Shipione
Diann Shipione is a former trustee of the San Diego, California City Employees' Retirement System pension board, credited with exposing unlawful underfunding of the pension fund and omissions in municipal bond sales documents. She was formerly a vice president at UBS Financial Services and is the wife of businessman Patrick C. Shea. Situation background The San Diego City Employees' Retirement System had been underfunded in some form for more than a decade. In 2001, as a result of years of sharp increases in pension benefits combined with decreases in pension funding and a decrease in the value of investments, the fund fell below certain funding targets. Revelation of the problem In 2002 Shipione, as a pension board trustee, raised concerns to the San Diego Mayor and City Council about a proposal that would essentially reduce money going into the retirement fund and increase money going out of it. In 2003 she raised additional concerns that an announced $500 million City of San D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Year Of Birth Missing (living People)
A year or annus is the orbital period of a planetary body, for example, the Earth, moving in its orbit around the Sun. Due to the Earth's axial tilt, the course of a year sees the passing of the seasons, marked by change in weather, the hours of daylight, and, consequently, vegetation and soil fertility. In temperate and subpolar regions around the planet, four seasons are generally recognized: spring, summer, autumn and winter. In tropical and subtropical regions, several geographical sectors do not present defined seasons; but in the seasonal tropics, the annual wet and dry seasons are recognized and tracked. A calendar year is an approximation of the number of days of the Earth's orbital period, as counted in a given calendar. The Gregorian calendar, or modern calendar, presents its calendar year to be either a common year of 365 days or a leap year of 366 days, as do the Julian calendars. For the Gregorian calendar, the average length of the calendar yea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harvard Law School Alumni
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher learning in the United States and one of the most prestigious and highly ranked universities in the world. The university is composed of ten academic faculties plus Harvard Radcliffe Institute. The Faculty of Arts and Sciences offers study in a wide range of undergraduate and graduate academic disciplines, and other faculties offer only graduate degrees, including professional degrees. Harvard has three main campuses: the Cambridge campus centered on Harvard Yard; an adjoining campus immediately across Charles River in the Allston neighborhood of Boston; and the medical campus in Boston's Longwood Medical Area. Harvard's endowment is valued at $50.9 billion, making it the wealthiest academic institution in the world. Endowment i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stanford University Alumni
Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is considered among the most prestigious universities in the world. Stanford was founded in 1885 by Leland and Jane Stanford in memory of their only child, Leland Stanford Jr., who had died of typhoid fever at age 15 the previous year. Leland Stanford was a U.S. senator and former governor of California who made his fortune as a railroad tycoon. The school admitted its first students on October 1, 1891, as a coeducational and non-denominational institution. Stanford University struggled financially after the death of Leland Stanford in 1893 and again after much of the campus was damaged by the 1906 San Francisco earthquake. Following World War II, provost of Stanford Frederick Terman inspired and supported faculty and graduates' entrepreneuria ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lawyers From San Diego
A lawyer is a person who practices law. The role of a lawyer varies greatly across different legal jurisdictions. A lawyer can be classified as an advocate, attorney, barrister, canon lawyer, civil law notary, counsel, counselor, solicitor, legal executive, or public servant — with each role having different functions and privileges. Working as a lawyer generally involves the practical application of abstract legal theories and knowledge to solve specific problems. Some lawyers also work primarily in advancing the interests of the law and legal profession. Terminology Different legal jurisdictions have different requirements in the determination of who is recognized as being a lawyer. As a result, the meaning of the term "lawyer" may vary from place to place. Some jurisdictions have two types of lawyers, barrister and solicitors, while others fuse the two. A barrister (also known as an advocate or counselor in some jurisdictions) is a lawyer who typically specialize ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Businesspeople From San Diego
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern accounti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
