Bankruptcy Blogs

Receiving Wide Coverage ...

Morgan Stanley Promotes Two: The investment bank has rewarded two of its star employees with big promotions, bringing them into the upper echelon of management, Financial Times reported. Edward Pick, who oversaw the resurgence of the bank's stock trading operations, is now global head of sales and trading. And Dan Simkowitz became the head of Morgan Stanley's investment-management division. The two men will also join the bank's operating committee. The Simkowitz move...

Energy Future Holdings (“EFH” or “Debtors”) has cleared all of the preliminary hurdles in its path as it moves towards the confirmation of its plan of reorganization (the “Plan”). Last week Judge Christopher Sontchi of the United States Bankruptcy Court for the District of Delaware approved the Debtors’ disclosure statement in support of the Plan, authorized the Plan to be distributed to creditors for voting purposes, and scheduled the hearing on Plan confirmation to begin on November 3.

How does bondholders’ use of the Trust Indenture Act affect companies’ ability to complete out-of-court restructurings?

Outdated and inefficient processes come at the cost of face time with customers and weigh banks down with unnecessary expenses. Here are some of the most common problems faced by the industry and ideas about how to fix them.

As men and women in banking work toward achieving workplace equality for all, it's important to remember that women can also cultivate opportunities in their individual careers.