Bankruptcy Blogs

My thoughts on whether the Bankruptcy Code should be amended to allow easier discharge of student loan debt are upon The Examiners at the Wall St. Journal. Short of it is yes for private student loans, no for public student loans.

The Fresh Produce retail chain, which sells colorful, roomy women’s clothing that one can classify as “tourist wear,” has found a buyer who promised to keep more than half of its 27 stores alive.

In court papers, Fresh Produce officials said that an entity called Blue Stripe LLC is preparing to buy all but 12 stores out of bankruptcy protection.

Should the bankruptcy code be amended to make it easier for borrowers to seek forgiveness of student loan debt through a bankruptcy filing?

Richard Levin, who founded Cravath, Swaine & Moore LLP’s restructuring practice eight years ago, is changing firms as he approaches the firm’s retirement age.

Mr. Levin, 64, plans to join Chicago’s Jenner & Block next week to help build the firm’s two-partner New York restructuring practice, focused on representing creditors, debtors and trustees in bankruptcies and debt restructurings. Cravath enforces a retirement age of 65.

Wall Street Journal

Sen. Elizabeth Warren, D-Mass., isn't running for president (as of yet) but her presence is certainly being felt in the C-suites of the largest banks. Seven executives from JPMorgan Chase, Goldman Sachs and other banks met at Bank of America Tower in New York on March 31, or dialed into a conference call, to discuss how to counter the campaign-trail argument that banks are bad, according to unnamed sources and emails obtained by...