Bankruptcy Blogs

Wall Street Journal

Big businesses in the U.S. are getting more aggressive in their attempt to keep the Export-Import Bank alive. Manufacturers including Boeing, Dow Chemical, General Electric and nuclear power-plant operator Westinghouse Electric say they may move operations overseas if the Ex-Im Bank closes, because competition for basics like water and electric is so cutthroat and Ex-Im Bank provides guarantee financing. Moreover, U.S. manufacturers' industrial contracts in developing countries will also be in jeopardy. Many...

In a case decided by a Florida Court of Appeals in 2012, the issue presented was whether a person's long-term leasehold interest in his condominium could qualify as a "homestead" exempt from forced sale under article X, section 4 of the Florid

The harsh capital treatment of Trups holdings under Basel III undoes the regulatory relief already extended to community banks that had invested in the securities.

Apple Pay's security shortcomings were likely deliberate, done with the goal of making signups and initial usage as easy as possible for shoppers. And so far, it's worked.