Bankruptcy Blogs

Mobile Authentication Guide Is a Weak Half-Measure

06/28/16

Federal regulations Â-- including the FFIEC's recent mobile security guidelines Â-- have not kept pace with mobile innovation and the security risks users face from smartphone banking platforms.

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Morning Scan: Supreme Court Punts on Debt Collector Lawsuit

06/28/16

Receiving Wide Coverage ...

Application Denied: Monday's verdict from the high court? Thanks, but no thanks. The Supreme Court declined to review an appeals court decision over whether debt collectors must follow state usury laws, making way for a class-action suit to proceed back in district court. For now, the industry remains in limbo. ...

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GoPro Competitor iON Files for Bankruptcy

06/28/16

Wearable camera maker iON Worldwide Inc., a competitor of GoPro, filed for bankruptcy. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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PacSun – Judge Silverstein Grants Class Certification

06/27/16

On June 22, 2016, Judge Laurie Selber Silverstein of the Delaware Bankruptcy Court ruled on a motion to for class certification in the PacSun bankruptcy, Case No.

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To Transform Banking Start with Employees

06/27/16

Is being customer-centric a goal at your bank? YouÂ'll need to master these five practices to align employee behavior with your desire to improve the customer experience.

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Why Leadership Trumps Performance Now

06/27/16

Want customers and noncustomers to hold your bank in high regard? Then get executives to offer thought leadership on social issues, rather than just having them be a mouthpiece for quarterly earnings. That's what the Reputation Institute recommends, as leadership replaces performance as a key driver of bank reputations.

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Five Ideas to Improve Dodd-Frank

06/27/16

A more nuanced view than the two opposing camps supporting or denigrating Dodd-Frank seeks to make banks profitable while ensuring consumers are protected and benefit from economic growth.

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Coming and Going Concerns

06/27/16

Jeffrey D. Pawlitz has joined law firm King & Spalding as a partner in the financial restructuring group. Mr. Pawlitz, who most recently worked with Kirkland & Ellis in Chicago, will be based in New York. He has advised managers and directors in chapter 11 cases and out-of-court restructurings. He has also advised private-equity firms and hedge funds. Mr.

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The Real Problem with Arbitration? The Alternative

06/27/16

Class action lawsuits are supposed to promote judicial efficiency, yet they mostly benefit plaintiff's lawyers while providing little for the people who are actually in the class.

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Morning Scan: Private Equity Deep Dive; Brexit Fallout Continues

06/27/16

Receiving Wide Coverage ...

Profiteering: For as much heat as the big banks get, some financial firms continue to operate with very little oversight at all. That's one takeaway from a New York Times series unveiled this weekend, Bottom Line Nation, which looks at the role private equity companies are playing in all facets of American life – from the emergency services industry to the mortgage business. ...

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