Bankruptcy Blogs

Private 'Distributed Ledgers' Miss the Point of a Blockchain

10/28/15

ThereÂ's no doubt that blockchain technology will facilitate disruptive innovations in finance, but a world of private ledgers sounds eerily similar to a range of Â"private Internets.Â"

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Morning Scan: Barclays Chooses CEO; Ex-Im Bank Gets House Approval

10/28/15

Receiving Wide Coverage ...

Barclays' New Boss: Barclays has tapped former J.P. Morgan Chase senior investment banker and hedge fund executive James Staley as its new chief executive. Staley fills the void left by Antony Jenkins, who was sacked by the British bank's board after it lost confidence in how he would improve returns to shareholders, the New York Times writes. Jenkins himself replaced Robert Diamond, Jr., who was fired in the wake of Barclays' admission...

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Arch Coal Running Out of Options

10/28/15

Arch Coal Inc. is running out of options after its deal to rework $5.1 billion in debt outside the court ell apart.Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Even Bernie Sanders May Underestimate Some Banks' Size

10/27/15

The Democratic candidate insists Â"too-big-to-failÂ" banks are bigger than they were during the crisis, but their true sizes are masked by off-balance sheet reporting.

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Boxers Who Rely on 50 Cent’s Firm for Fights Aren’t Happy

10/27/15

: Curtis “50 Cent” Jackson arrives at the Paley Center For Media’s Hollywood Tribute to African American Achievements in Television in Beverly Hills, Calif.; Frederic J.

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Beware Activist Investors in Sheep's Clothing

10/27/15

Banks should be prepared for the potential that an investor with a growing stake does not have the institutionÂ's interests at heart.

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Morning Scan: DFS Head Resigns; Goldman Faces $50M Fine

10/27/15

Breaking News This Morning ...

The New York Department of Financial Services is in for a major shake-up. The department's interim head Anthony Albanese and its spokesman Matthew Anderson have told the office of New York Governor Andrew Cuomo that they will step down. The Wall Street Journal reports their decision to leave the agency comes at a time when the NYDFS has butted heads with the governor's office more than in the past. Reportedly, Cuomo...

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Energy Future Plan Criticized by Oncor Creditors

10/27/15

Creditors of Energy Future Holdings Corp.’s Oncor business are criticizing the company’s turnaround plan, arguing it isn’t legal or fair. Read the Daily Bankruptcy Review article here.

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Green Field Energy Services – Preference Actions Filed

10/26/15

On October 27, 2013, Green Field Energy Service, Inc. and a number of subsidiaries (the “Debtors”) filed for bankruptcy under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. We initially published a blog post about the filing here: Green Field Energy Files for Bankruptcy Protection in Delaware.

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