Bankruptcy Blogs

Mediator Says Caesars Talks Reached Stalemate

06/07/16

[wsj-responsive-image P="//art.wsj.net/api/photos/38736204/smartcrop?height=499&width=749" J="//art.wsj.net/api/photos/38736204/smartcrop?height=639&width=959" M="//art.wsj.net/api/photos/38736204/smartcrop?height=853&width=1280" caption="The marquee at Caesars Palace shows a tribute to boxing legend Muhammad Ali on June 3 in Las Vegas. (Photo by Ethan Miller/Getty Images)" credit="Getty Images" placement="Inline" suppressEnlarge="false" ]

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Hercules Offshore Files for Bankruptcy Again

06/06/16

On June 5th and 6th, 2016, Houston-based energy firm Hercules Offshore Inc. and its affiliated debtors (“Hercules” or “Debtors”) filed for Chapter 11 bankruptcy protection before the United States Bankruptcy Court for the District of Delaware.

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‘American Idol’ Producer Sues Past Winner Phillip Phillips

06/06/16

[wsj-responsive-image P="//si.wsj.net/public/resources/images/BN-OI792_philph_P_20160606150727.jpg" J="//si.wsj.net/public/resources/images/BN-OI792_philph_J_20160606150727.jpg" M="//si.wsj.net/public/resources/images/BN-OI792_philph_M_20160606150727.jpg" caption="Phillip Phillips performs at the 'American Idol' farewell season finale at the Dolby Theatre on April 7 in Los Angeles. 19 Entertainment is suing him in a bid to keep its job as his exclusive manager." credit="Associated Press" placement="Inline" suppressEnlarge="false" ]

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A Neobank's Prognosis for Neolithic Banks

06/06/16

Embracing technology that gives innovators access to their platforms will provide banks with the upgrade they sorely need.

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Relief From Your 72 Month Car Loan

06/06/16

cram downhttp://www.thebklawyer.com/thebkblog/wp-content/uploads/2016/06/cram-dow... 298w" sizes="(max-width: 254px) 100vw, 254px" />Financial experts bemoan the “crisis” in student loan de

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Coming and Going Concerns

06/06/16

Sharon Levine has joined the bankruptcy and restructuring group at law firm Saul Ewing as a partner. Ms. Levine has experience in bankruptcy litigation and restructurings. She has represented unsecured creditors’ committees in bankruptcies including Exide Technologies, Horsehead Holdings, Lear Corp. and Verso Paper. She has worked on other big chapter 11 cases including MF Global, Hawker Beechcraft and Patriot Coal, as well as Detroit’s chapter 9 bankruptcy case.

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How Chapter 13 Stops a Pending Mortgage Foreclosure

06/06/16

Chapter 13 is widely known as the fastest and most effective legal action you can use to stop a foreclosure – even a foreclosure scheduled for the next few days.

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The Days of Huge Fed Rate Hikes Are Over

06/06/16

The Federal Reserve has made clear that higher rates are more a question of when, not if, but banks should let go of rate hikes being anything like they were under Alan Greenspan.

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Morning Scan: Junior Banker Focus; Fintech Regulation Vacuum

06/06/16

Receiving Wide Coverage ...

Juniorization: While investment banks have cut compensation costs by 21% on average since 2009, they've only made staff cuts of 3% in the same time. Companies have been increasing their employee retention efforts initiative to improve the work-life balance of its more junior bankers. Once able to attract young talent with a large salary alone, banks must compete with the technology industry and other areas of finance that offer young workers competitive...

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