Bankruptcy Blogs

On December 15, 2015, Judge Brendan L. Shannon of the Delaware Bankruptcy Court granted the motion of Hormel Foods (the “Defendant”) to dismiss a complaint filed by JLL Consultants, the Liquidating Trustee (the “Trustee”) in the AgFeed bankruptcy.  The “Opinion” is available here.

Kids tech company Fuhu had a terrific Black Friday sales promotion, featuring $149 Nabi-branded tablets for $99.

“It was an incredible deal,” said Samantha Begel of Cape Coral, Fla., who ordered two of the child-friendly computer toys for her children from Nabi’s website. (The tablets are also sold at major retailers.)

But the tablets haven’t shown up, and she said emails and hours on hold on the phone haven’t produced a refund or an explanation.

The United Kingdom has already seen the emergence of mobile-first institutions that have won regulatory approval for a banking charter. It is only a matter of time before they invade the U.S. market.

Receiving Wide Coverage…

The Anticipation Game: With an expected announcement from the Fed this week that it will raise interest rates, markets and observers have already begun to act in anticipation of the predicted hike.Global stocks began to rise Tuesday in a rebound from recent losses – though they were also helped along by an increase in oil prices.The price of gold also increased, despite the high probability that it will ultimately drop due to a...