Bankruptcy Blogs

Spike in delinquency rate mars outlook for personal loans

01/09/18

The late-payment rate on loans frequently used to consolidate credit card debt hit its highest level in more than four years.

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Behind First Green's about-face with banking medical marijuana firms

01/09/18

Calling the move "depressing," Chairman Ken LaRoe said the decision to stop working with medical marijuana firms came after certain investors objected. Recent moves by the federal government cemented the call.

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Mette Kurth: Earthquakes, Sharkcicles… And a New Venue Reform Bill

01/09/18

On her The Bottom Line 11 blog, Fox partner Mette Kurth examined new bankruptcy venue reform legislation recently unveiled in the U.S. Congress:

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A Patent Law Dispute Before the Supreme Court This Term Could Have a Major Impact on U.S. Bankruptcy Courts

01/09/18

The Supreme Court recently heard arguments in a patent dispute case, Oil States Energy Services, LLC v. Greene’s Energy Group, LLC.  Although the case has nothing to do with bankruptcy law, its outcome could have a substantial impact on bankruptcy practice and litigation.

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Midland States in Ill. revamps equipment finance unit

01/09/18

The company tapped a new president for the business, which it will also rebrand, after hiring a team from Scottrade Bank in Missouri.

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Payday rule will protect, not harm, vulnerable consumers

01/09/18

Criticism of payday lenders is deserved and Congress should not throw out the CFPB's short-term lending measure.

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Dimon says he regrets bitcoin comments, calls blockchain 'real'

01/09/18

Jamie Dimon, the JPMorgan Chase chief executive officer who earlier called the cryptocurrency a "fraud," said Tuesday he wishes he hadn't dismissed the technology in such broad terms.

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Registry to help banks fight AML; Finra warns on portfolio loans

01/09/18

A House bill would create a database to track true ownership of corporations; Wall Street regulator wants banks to improve disclosure of risks to consumers.

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United Community in Ga. to buy equipment finance firm

01/09/18

United will pay $130 million for NLFC Holdings, the parent company of Navitas Credit.

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Laurie Maggiano, HAMP architect, CFPB program manager, dies at 64

01/09/18

Laurie Maggiano, the Consumer Financial Protection Bureau's program manager for servicing and secondary markets, died on Sunday.

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