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No Honor Among Creditors: Delaware Judge Issues Important Ruling On “Uptier” Transaction
Intercreditor disputes in bankruptcy are common. Typically, however, they center around predictable disagreements between senior or junior classes of creditors such as valuation battles or lien perfection challenges. A recent decision in the Delaware ... Read full article
Latest global banking news
U.K. banks risk new fines unless they put their customers first
Visa to dole out annual raises earlier amid inflation pressures
3M's Aearo Technologies' Bankruptcy: the Hoosier Hop
3M's earphone subsidiary, Aearo Technologies, filed for bankruptcy today in the Southern District of Indiana. This is looking like a really interesting case: it looks like a new generation of the Texas Two-Step strategy. Let's call it the ... Read full article
Q&A with CFPB director Rohit Chopra
CFPB’s Chopra: ‘We will be litigating’
Visa's CEO brushes off impact of inflation, potential recession
100 meetings in, has the Financial Stability Oversight Council found its footing?
Despite strong earnings, Old National hedges against a hard landing
Hyundai fined $19 million for submitting false consumer payment histories
It’s time to curtail overdraft fees
Biden considers new pause on paying back student loans, $10,000 relief
New study says the Fed needs to talk the talk
UBS says it’s part of U.S. probe into unapproved staff messaging
Democrats revive bill to extend anti-discrimination law to bank customers of color
Ex-Goldman banker released on $500,000 bail in insider-trading case
New Jersey mutual to convert to stock ownership ahead of merger