Bankruptcy Blogs

Morning Scan: Criminal Pleas No Longer Scary; Will Shelby Bill Beat the Odds?

05/22/15

Editor's note: Morning Scan will not publish on Monday, May 25 in observance of the Memorial Day holiday. We'll be back on Tuesday, May 26. Receiving Wide Coverage ...

What's Next for the Shelby Bill: The Senate Banking Committee approved Sen. Richard Shelby's proposed regulatory reform bill Thursday, but Senate Republicans will need to reach across the aisle to get the legislation to pass. Their chances of gaining bipartisan support for the bill vary widely in news...

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Restructuring Community Pays Tribute to Harvey Miller

05/21/15

In a lunch that became an impromptu memorial service to Harvey Miller, former Lehman Brothers Judge James Peck might have said it best:

“Harvey is to bankruptcy what Beyoncé is to pop music. He’s a single name that defines the field.”

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When Goldman Sachs Began Flirting with Bitcoin

05/21/15

It took three or so days to settle stock trades. What if that could happen instantly and be recorded on a blockchain for everyone to see?

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Behind the Ingenious Security Feature that Powers the Blockchain

05/21/15

For all the excitement about the blockchain's potential to shake up the financial industry, few people understand how it works. The really revolutionary part of the blockchain process is how miners manage to keep records of transactions accurate and tamper-proof.

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Delia’s, Coldwater Creek Live on After Stores Close

05/21/15
Steve Russo, along with a few co-investors, recently purchased the intellectual property of Delia’s, a now-defunct teen clothing brand that rose to popularity in the 1990s.
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Standard General Cleared to Buy RadioShack Data

05/21/15
Associated Press

The hedge fund that saved more than 1,700 RadioShack Corp.

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Morning Scan: Lawsky's Next Act; Will Forex Fines Deter Bad Behavior?

05/21/15

Receiving Wide Coverage ...

Forex Fines: The unethical attitudes that gave rise to the forex scandal might be summed up by this revealing 2010 chat message from a Barclays trader: "If you aint cheating, you aint trying." This noteworthy tidbit accompanied the news that six big banks have agreed to pay more than $5.8 billion to settle allegations related to foreign-exchange rate-rigging. Four of the sixÂ--Citigroup, JPMorgan Chase, Barclays and Royal Bank of ScotlandÂ--are also pleading...

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Republican Lawmaker Blasts U.S. Trustee Program Over Donation

05/20/15
House Judiciary Committee Chairman Rep. Bob Goodlatte (R., Va.) listens to testimony on Capitol Hill in Washington, Tuesday May 19, 2015. He blasted the U.S.
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Dollar Value of Data: RadioShack, Other Bankrupt Firms Auction Customer Data to Pay Debt

05/20/15
A workman repairs the store front of a closed branch of electronics retailer ‘RadioShack ' in Spr
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Financial Reform Bill Would Reopen Door to Predatory Lending

05/20/15

The proposed legislation for regulatory relief seeks to roll back critical mortgage protections put in place to prevent another housing crisis.

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