The Kapila Family Foundation, a small family foundation located in Fort Lauderdale, Florida, recently made a generous gift to establish an endowed scholarship at the University of Miami School of Law. The Kapila Family Foundation Endowed Law Scholarship will be used to provide merit-based scholarships to J.D./M.B.A. second-year law students who have completed or enrolled in a bankruptcy course or who are interested in pursuing a practice in insolvency.
The director of the Kapila Foundation is Soneet R. Kapila, who is a founding partner of KapilaMukamal, LLP (formerly Kapila & Company). For over twenty years, the East Indian who was born in Kenya, East Africa, has concentrated his efforts in consulting in insolvency, fiduciary, and creditors’ rights matters. He has been appointed in Federal District Court, Bankruptcy Court, and Florida State Court and served as Chief Restructuring Officer, S.E.C. Corporate Monitor, Examiner, Chapter 11 Trustee of Operating Businesses, Liquidating Trustee and Receiver, among others. Kapila is a Fellow of the American College. He is also a member of the American Bankruptcy Institute, where he serves as treasurer and is also on the management committee.
Dr. Pradodh Kapila, Soneet’s wife, now a retired rheumatologist after practicing in Plantation, Florida for 33 years, is also a director of the foundation.
“My wife inspired me to support the University of Miami School of Law by funding this endowed scholarship for students at the law school,” said Kapila. “I am deeply involved in the insolvency community and have an interest in enhancing and facilitating scholarships and excellence in this area, which can only develop through an outstanding academic education such as students receive at the School of Law.”
“Soneet Kapila is a leader and visionary in the insolvency area,” said Professor Patricia Redmond, J.D. ’79, director of Miami Law’s Eleanor R. Cristol and Judge A. Jay Cristol Bankruptcy Pro Bono Bankruptcy Assistance Clinic. “He has always valued scholarship and excellence in the attorneys with whom he collaborates. The scholarship will be a giant step to achieve these objectives and provide enhanced opportunities for students at the University of Miami.”
The Kapilas, through their foundation, have supported several South Florida organizations and have been long-time donors of Miami Law, including supporting student scholarships and the Duberstein Miami Law Moot Court Team.
“I am hopeful that this endowed scholarship will provide the needed funding to support the law school’s objectives to educate and develop extraordinary lawyers and community leaders in my chosen field of practice,” said Kapila.
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