Bankruptcy Blogs

The Examiners: Rulings Could Prompt More Prepacks

09/30/15

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

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How Bank Staffers' Quirks Drive Branch Success

09/30/15

Allowing branch employees to become personally involved in marketing and merchandising tends to make them more engaged as salespeople.

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How a $15 Million Legal Bill Put a Kentucky Town in Bankruptcy

09/30/15

The Kentucky town of Hillview, a southern suburb of Louisville, gave one reason why it filed for bankruptcy: a multimillion-dollar land dispute with a truck driver training school that has been simmering for a decade.

Trucking school officials filed a lawsuit to force a tax increase on the city of roughly 9,000 residents—a request under Kentucky law that hasn’t been made since the 1940s. The city’s $15 million legal judgment was growing by $3,759.54 a day.

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Morning Scan: Big Banks Take on Gender Gap; Debating Good Governance

09/30/15

Wall Street Journal

Big banks are ramping up efforts to retain and promote women leaders, the paper reports. The article takes a look at initiatives including a Citigroup symposium that brought together 50 senior women to discuss ways to improve gender diversity and Morgan Stanley's attempt to get more male managers involved in its development program for women at the vice president level. Whether these programs will successfully propel more women into the C-suite remains to...

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Daiichi Enters Bankruptcy in Tokyo, New York

09/30/15

Daiichi Chuo Kisen Kaisha plans to restructure $1.5 billion in a bankruptcy it filed in both New York and Tokyo and is the second bulk shipper to seek bankruptcy this month.Read the Daily Bankruptcy Review article via The Wall Street Journal.

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The Examiners: Rulings May Deter Companies from Registering Bonds

09/29/15

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

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The Examiners: Marblegate Shouldn’t Cause Rush to Bankruptcy Court

09/29/15

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

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EMV Cards: the Beginning of the End for Hackers

09/29/15

Some critics argue that it's a bad idea to introduce chip cards without PIN requirements. But this debate is a distraction from the payments industry's robust and multifaceted efforts to fight cybercrime.

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The Examiners: End the Trust Indenture Act’s Bondholder Voting Ban

09/29/15

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

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Same-Day ACH No Silver Bullet for Business Payments

09/29/15

Nacha's same-day ACH payments are unlikely to improve business-to-business payments without additional tweaks. Other payment rails can also help put a solid infrastructure in place.

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