Bankruptcy Blogs

Gender Diversity Makes Banks Better World Citizens: B of A's Cathy Bessant

01/19/16

International events like the Davos economic forum should remind business leaders of the importance of being stewards and of having workforce diversity.

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You Can Set Bank Marketing Efforts on Cruise Control

01/19/16

Labor-intensive cross-marketing programs, which were beyond the scope of small marketing departments, are suddenly feasible thanks to automation.

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Morning Scan: Developers Debate Future of Bitcoin; Merrill Broker Exodus?

01/19/16

Breaking News This Morning ...

Earnings: 4th quarter results from Bank of America, Morgan Stanley, M&T Bank, Comerica Receiving Wide Coverage ...

The Death of Bitcoin?: Bitcoin is dead. Long live bitcoin. Bitcoin developer Mike Hearn proclaims that bitcoin's litany of problems — from the domination of Chinese bitcoin miners, to bitcoin's superslow distributed network, to the open fighting amongst members of the bitcoin community — has now officially doomed the technology. Time to bury bitcoin and start...

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DE Bankruptcy Court Abstains from Determining Altegrity’s Tax Liability

01/19/16

In the recent opinion issued by Judge Laurie Selber Silverstein of the Bankruptcy Court for the District of Delaware, In re Altegrity, et al., Case No. 15-10226 (LSS) (D. Del. Bankr. Ct. Jan.

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Primorsk International Enters Bankruptcy Restructure Debt

01/19/16

Arctic oil shipper Primorsk International Shipping Ltd. filed for chapter 11 protection with a deal with bondholders in hand. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Third Circuit Affirms Bankruptcy Opinion – Trump Entertainment

01/18/16

On January 15, 2016, the Third Circuit Court of Appeals issued a precedential opinion (the “Opinion”) affirming the October 20, 2014 opinion of Judge Gross.  The Opinion is available here.  My blog post about Judge Gross’ opinion is available here: Trump Entertainment – A Debtor’s Rejection of a Bargaining Agreement.  Note, this was a direct appeal f

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Liar, Liar, Pants On Fire!

01/18/16
Liar, Liar pants on fire!

Failure to list assets may make you a liar, liar, pants on fire!

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50 Cent Creditors File Repayment Proposal

01/15/16
In a Tuesday, July 21, 2015, file photo, rapper Curtis Jackson, also known as 50 Cent, leaves court.
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