Bankruptcy Blogs

The Daily Docket: Texas AG Cites Privacy Concerns in RadioShack Customer Data Sale

04/17/15
Tony Gutierrez/Associated Press

Texas Attorney General Ken Paxton says a plan to sell the RadioShack Corp.

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Morning Scan: Bloomberg Terminal Failure Delays Trading; Fed Rate Worries

04/17/15

Receiving Wide Coverage ...

Bloombergs Go Kaput: Add another name to the list of companies deemed systemically important: Bloomberg LP. The financial-data provider's terminals went down in Asia and Europe overnight, or perhaps even worldwide, leading the U.K.'s debt-management office to cancel a scheduled transaction to buy back government debt. The total system failure prompted Louis Gargour, chief investment officer at LNG Capital, to say, "a global outage like this is systemically important to markets all...

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Russia's Bond: It's Official! (... and Private ... and Anything Else It Wants to Be ...)

04/17/15

Ukraine's bond restructuring talks are in high gear, and, as ever, Russia is trouble du jour. Not only is it threatening to hold out in the bond deal and take Ukraine to arbitration, Russia also seems poised to block IMF disbursements to Ukraine using an arcane Fund policy on "lending into arrears." My hunch is that this last risk is overblown, and in any event should not drive IMF policy or Ukraine's restructuring strategy. 

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Dodd Frank and Pink Champagne

04/16/15

Over at Dealb%k, I argue that section 117 of Dodd-Frank is more Siouxsie and the Banshees than Eagles.

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Lessons For Consumer Protection From The World Of Inclusive Capitalism

04/16/15

Lately I have been teaching courses with names such as "Global and Economic Justice" and "History, Impacts and Regulation of Consumer Credit" instead of "Bankruptcy," "Secured Transactions" and "Chapter 11 Reorganizations." So I have been reading different books and listening to different speakers.

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The $12,473 Corporate Reorganization

04/16/15

The owner of a small, struggling business can get sticker shock at the $100,000 to $300,000 price of a corporate reorganization in bankruptcy.

Meet the Florida lawyer who fixed VitaChef Steamer Skillets’ financial problems for a fraction of that amount.

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Little Saigon News Files for Bankruptcy Following Defamation Dispute

04/16/15

A war of words between two newspapers for the Vietnamese immigrant community has landed one paper in bankruptcy court.

The Little Saigon News, a Vietnamese-language newspaper distributed in 17 U.S. cities, filed for bankruptcy earlier this week after facing a $4.5 million penalty for declaring that a rival publication is owned by the Communist government.

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If Detroit Survived Fuel-Economy Rules, Lenders Can Survive New Disclosures

04/16/15

Mortgage lenders are stressed about how the CFPB's new mortgage disclosure rule will impact their business. But the new forms may give them a chance to improve business performance.

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Protections in Place for Former Lifestyle Lift Patients, Employees

04/16/15

The sudden shutdown in March of plastic surgery chain Lifestyle Lift has created confusion for patients looking for refunds on scheduled services that never happened. The company’s 400 laid-off employees, meanwhile, have been scrambling to find answers to questions about incomplete final paychecks and how to access retirement benefits.

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Dodd-Frank 2.0: The Unfinished Business of Financial Reform

04/16/15

Our former co-blogger, Senator Elizabeth Warren, delivered an incredibly important speech yesterday laying out the work still to be done on financial reform. This speech is a bigger deal than Senator Warren's Antonio Weiss speech or her famous Citibank speech. This speech is a blueprint for Dodd-Frank 2.0.  It lays out a detailed vision of the challenges for reform work going forward:

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