Bankruptcy Blogs

Chapter 7 Can Be a Disaster Without a Good Bankruptcy Attorney

07/16/16
Don't Let This Be You!

Willy Stöwer, 1912

Chapter 7 is the chapter under the Bankruptcy Code that most consumers file. It is seen as simple, fast, and, by some, “just filling out a few forms.”

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How Big Should Bitcoin Blocks Be? Depends on Your Values

07/15/16

The acrimonious debate in the bitcoin community turns in part on whether one prioritizes using the digital currency as an investment or as a means of expanding global financial inclusion.

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Boosting Your In-House Big Brother May Stop Employee Crime

07/15/16

Using methods akin to fighting external hacking can also address risks of employees committing legal or ethical lapses.

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GM & Ignition Switches

07/15/16

My take on the Second Circuit's opinion – which Levitin has also written about (and I agree with him that the used car analysis is a bit "off") – is over on Dealb%k.

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The First Question in Strategic Planning: 'What Can Go Wrong?'

07/15/16

Risk management is not limited to assessing potential successes and failures of everyday business. Strategic risk management is just as important.

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Morning Scan: Mixed Bag for Citi, Wells Q2 Earnings

07/15/16

Hot off the presses: Citigroup and Wells Fargo reported Friday morning that they saw second-quarter profits fall from a year earlier, though both either met or exceeded analyst expectations. Citigroup reported $4 billion in profit on $17.55 billion of revenue. Wall Street Journal, New York Times, American Banker, Financial Times Â...

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Thoughts on the GM Ignition Switch Opinion

07/15/16

The Second Circuit handed down its much-anticipated decision on the GM successor liability claims. Bottom line is that most, if not all, of the various claims against New GM are not barred by the Sale Order because of lack of procedural Due Process.  That said, there's a lot more in the ruling.  My thoughts below the break: 

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Women in Banking: Bro Talk Must Go; Wells Fargo's Tolstedt to Retire

07/14/16

A former Wall Street trader contends that "bro talk" is keeping women down, and it often comes from bosses; B of A says there is no "bro's club" at the company; Mary Mack is succeeding a retiring Carrie Tolstedt at Wells Fargo; and Barclays' Barbara Byrne tries a new recruiting tactic. Also, with Theresa May as U.K. prime minister, could we soon see mostly women running the western world?

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Credit Union Opposition to CFPB Arbitration Plan Is Baffling

07/14/16

Lobbyists for the credit union industry are decrying a proposal to limit forced arbitration clauses despite ample evidence that credit unions donÂ't use such clauses in the first place.

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