Bankruptcy Blogs

Popular music-streaming company Pandora Media Inc. plans to pay $75 million for the assets of Spotify competitor Rdio, which filed for bankruptcy Monday. Read the Daily Bankruptcy Review article via The Wall Street Journal.

When companies file for chapter 11 bankruptcy, the price they pay for the court’s protection is transparency. That can be a sticking point for businesses, especially when it comes to the pay its executives, directors and other insiders receive in the months before bankruptcy.

Advocates of keeping the single-director model to run the Consumer Financial Protection Bureau should not write off the virtues of a commission so quickly.

Wall Street Journal

Megabanks are "lying low" while Congress tries to wrap up its budget for the year. But that doesn't mean some other financial-services institutions aren't trying to push through their own agendas. Regional banks want to ease their regulatory burden, specifically by raising the $50 billion threshold that triggers stricter oversight under Dodd-Frank. The change is seen as helping institutions like Capital One Financial and M&T Bank. Democrats on the House Financial Services Committee...