Bankruptcy Blogs

In October, a panel at the National Conference of Bankruptcy Judges explored the role of race and implicit bias in the bankruptcy system. Called "The Color of Money: The Implications of Race and Ethnicity in Addressing Debt," the panel included a presentation by yours truly about our research exploring the intersection of race and chapter 13.

Receiving Wide Coverage ...

Positioning: Gary Cohn's likely departure from Goldman Sachs to join the Trump administration as director of the National Economic Council "sets off a new round of C-suite jockeying at Goldman, where the decade-long tenure of Chief Executive Lloyd Blankfein has created a younger generation of executives eager to advance," the Wall Street Journal reports. Cohn's dual roles of president and chief operating officer are likely be split among two executives, possibly investment-banking...

Despite a lengthy delay in her chapter 7 proceeding, amounting to nearly two years, the fact that her chapter 7 case was still open prevented a West Virginia woman from filing a chapter 13 case.  In re Lynch, Nos. 5:14-bk-50001, 5:16-bk-50272 (S.D.W.Va. Dec. 2, 2016) (Volk, J.).

The debtor filed a chapter 7 case on January 7, 2014.  The trustee had filed a no-asset report on June 25, 2015, but the case remained open and no discharge of debts had been granted.

The U.S. Supreme Court heard oral arguments this week in the case of Czyzewski v.

Receiving Wide Coverage ...

Heading out: Andrew J. Ceresney, director of the SEC's enforcement division, said he will resign at the end of the year after three years at the agency. His move follows that of his boss, SEC chairwoman, Mary Jo White, who last month announced her intention to leave. Wall Street Journal ...