Bankruptcy Blogs

Hold the Champagne on GE Capital's Breakup

04/13/15

General Electric's plan to sell most of its financing arm has been hailed as a sign that financial reform is successfully persuading too big to fail firms to break up. But the end of GE Capital just means that the conglomerates left standing are even more homogeneous and risk-prone.

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New Basel Head Sets Worthy Priorities

04/13/15

As Basel III gets ready to turn five years old this summer, recently appointed Basel Committee secretary general William Coen is taking the necessary step of ensuring that new capital ratio, liquidity standard and leverage ratio rules work well together.

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How to Keep N.Y.'s BitLicense from Squelching Innovation

04/13/15

The cost of complying with New York State's proposed BitLicense regulations would wipe out many smaller digital currency businesses. But there is a middle ground: placing those businesses under the supervision of a self-regulating incubator that would help them develop robust yet affordable compliance programs.

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Morning Scan: GE Capital Sale Kicks Off; Wells Fargo Expands Investment Banking

04/13/15

Receiving Wide Coverage ...

GE Turns Off Bank Switch: Plenty of digital ink was spilled late Friday and over the weekend about General Electric's decision to sell its GE Capital unit. The Wall Street Journal suggests in one of its takes the exit decision represents a chance for banking and non-bank companies to acquire assets that could transform a company. The largest piece of the business up for sale is GE's $74 billion-asset commercial lending and...

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The Daily Docket: Siga Creditors Look to Investigate Executives

04/13/15

Creditors of Siga Technologies Inc. want to investigate the role the drug maker’s executives played in the PharmAthene Inc. dispute that drove Siga into bankruptcy. Read the Daily Bankruptcy Review article here.

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Negating Russia's Veto Over Ukraine's IMF Package

04/12/15

This is a joint post by Mark Weidemaier and Mitu Gulati.

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RadioShack Looks to Unload Defense Mobile Phones

04/10/15
Tony Gutierrez/Associated Press

RadioShack is going back to basi

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Fifth Circuit Reverses Pro-Snax

04/10/15
In a unanimous decision, the en banc Fifth Circuit Court of Appeals walked back a prior precedent which mandated an identifiable, tangible and material benefit before professionals employed in bankruptcy cases could be compensated.   No. 13-50075, Barron & Newburger, P.C. v. Texas Skyline, et al (5th Cir. 4/9/15).    You can read the opinion here.
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Ex-Gun Store Owner Chooses to Stay in Jail So He Can Keep Facebook, Twitter Accounts

04/10/15

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To get out of jail, Jeremy Alcede will have to give up the passwords to the Facebook and Twitter acc

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