Bankruptcy Blogs

Judge Sontchi – Feedback for the Court

02/18/16

On February 17, 2016, the Bankruptcy Court published a notification that Judge Christopher S. Sontchi is seeking feedback from the bar on his performance.  As of March 1, 2016, the notice is still available on the website for the Delaware Bankruptcy Court: http://www.deb.uscourts.gov/news/survey-judge-christopher-s-sontchi.

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Caesars Bankruptcy End May Be in Sight

02/18/16
Steve Marcus/Reuters

With an upcoming release of examiner’s report, there may finally be an end in sight to the bankruptcy of Caesars En

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Russia Files Lawsuit Against Ukraine

02/18/16

Reports indicate that Russia has filed a lawsuit against Ukraine to collect on its $3 billion debt--not in arbitration, as early signs had indicated, but in the High Court in London.

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Examiner’s Report May Help Bring End to Caesars Bankruptcy

02/17/16
This July 19, 2007, file photo shows the Caesars Palace hotel-casino in Las Vegas.
Jae C.
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Arrested For Not Paying Student Loans? No – The Paul Aker Story Was Essentially Fabricated

02/17/16

akers“Believe it or not, the US Marshals Service in Houston is arresting people for not paying their outstanding federal student loans.”  So says Fox 26 Houston reporter Isiah Carey.  The problem is, this statement is absolutely false.  Paul Aker owed student loans, and was apparently in default.  Paul Aker was sued for the student loan debt, and a j

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The Examiners: Claims Trading Puts Integrity of Chapter 11 at Risk

02/17/16

Overall, does claims trading help or hinder the chapter 11 process? Should additional disclosures be required? 

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Alternative Data Is Vital to Expanding the Credit Pie

02/17/16

There are millions of businesses deserving of loans that banks using traditional data resources might overlook due to their thin credit histories.

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The Examiners: Rise of Claims Trading Complements 363 Sales

02/17/16

Overall, does claims trading help or hinder the chapter 11 process? Should additional disclosures be required?  

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The Examiners: A Healthy Secondary Market Helps Restructurings

02/17/16

Overall, does claims trading help or hinder the chapter 11 process? Should additional disclosures be required?  

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The American Bank Market's Size Challenges Faster Payments

02/17/16

Compared to other countries with fewer banks, the faster payments initiative in the U.S. will require a far greater level of collaboration and participation.

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