Bankruptcy Blogs

Thanks for the chance to post.

04/20/15

Thanks to the folks who run Credit Slips for the opportunity to post.  I hope to be back in a few months with musings about the following: 

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Morning Scan: Deutsche to Ditch Postbank; Does the DOJ Give Banks Sweetheart Deals?

04/20/15

Receiving Wide Coverage ...

Putting Postbank to Pasture: One way or another, Deutsche Bank plans to ditch its Postbank retail unit. The German megabank is leaning toward selling a majority stake in Postbank over the next year and a half whilst unloading a fifth of its investment-banking assets. But it's also considering the more drastic measure of getting out of retail altogether. The latter move has been recommended by some analysts, who say Deutsche should attempt...

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The Daily Docket: Frederick’s of Hollywood Enters Bankruptcy

04/20/15

Frederick’s of Hollywood filed for bankruptcy protection Sunday with a $22.5 million offer in hand from Authentic Brands Group LLC. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Does GE Capital Sale Concentrate Risk or Spread It Around? Weekly Wrap

04/17/15

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including thoughts on the sale of GE Capital and how the CFPB's new mortgage disclosure forms will shake up the industry.

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Bankrupt Boys’ Music School May Reach Out to Taylor Swift

04/17/15

This week on The Broke and the Beautiful, a bankrupt boarding school wants to call on Taylor Swift for help, and a study finds nearly one of six NFL players file for bankruptcy. Also, actress Kelly Rutherford spoke out about the custody battle that led to her bankruptcy.

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Florida Telemarketer Offering GSA Work Files for Bankruptcy

04/17/15

A Florida telemarketing firm that the state’s consumer watchdog has called a scam filed for bankruptcy protection.

Facing a lawsuit over allegedly deceptive practices, Federal Verification Co., which promised to help small businesses win lucrative U.S. government contracts, filed for bankruptcy on Monday to try to stop an upcoming trial.

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Ukraine's Bond Restructuring: Surgery, Conspiracy, and Campaign

04/17/15

Debt restructuring is the second largest source of outside financing for Ukraine’s new IMF program.

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Put the Future of Digital Innovation in Your CMO's Hands

04/17/15

Digital innovation has yet to coalesce around any one executive. Chief marketing officers are ideally positioned to fill the void, since they are the natural leaders in understanding the entire customer experience from origination and sales through delivery and measurement.

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Forward Motions: Siga Creditors to Seek Permission to Investigate Executives

04/17/15

In an Austin, Texas, courtroom Monday, WBH Energy LP will ask a bankruptcy judge to approve bidding procedures that could see the company’s assets sold for at least $25 million.

WBH Energy’s lender, investment firm Castlelake LP, has agreed to serve as the lead bidder at an upcoming bankruptcy auction. The lender intends to credit bid—or offer to forgive some of the debt it is owed—for the independent oil company’s assets.

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