Bankruptcy Blogs

The Examiners: Curtailed Spending Could Prolong Industry Pain

04/07/15

How much stress can we expect to see for oil and gas producers and related companies as a result of the current low prices?  And what special issues does this industry face when it’s time to restructure or file for bankruptcy?

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1,000 Twitter Followers

04/07/15

That is an amazing milestone. Thank you everyone for your interest in what we have to say here.

If you want to follow us on Twitter or subscribe to our Facebook page, there are buttons on the right-side of the screen. These outlets are simply other channels we use to get our content to those who want to receive it.

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Spouse Filing Bankruptcy Individually: Here’s How You will be Impacted

04/07/15

non-filing sopuseThere are many reasons why a married couple may decide that only one spouse needs to file bankruptcy. The bankruptcy law allows a married person to file an individual bankruptcy but there will be some impact on the non-filing spouse.

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Fast Foreclosures, Slow Foreclosures

04/07/15

At the onset of the current foreclosure crisis, banks bemoaned their inability to get homeowners in default to respond to their generous offers of loan modifications and other foreclosure alternatives. Homeowners, it seemed, were like ostriches with their heads in the sand. Outreach efforts were launched to bring the homeowners in from the cold. Foreclosure sales, banks told us, were the worst possible outcome, and everything should be done to avoid them.

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Regulatory Relief Shouldn't Leave Nonbank Mortgage Lenders Out in the Cold

04/07/15

Congress should take the interests of small and midsize mortgage lenders into account as it weighs regulatory reform for community banks. Exempting smaller lenders from random CFPB audits would be a good start.

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The Daily Docket: Aurobindo Affiliate Alleges Natrol Ex-Owner of Fraud

04/07/15

An affiliate of India’s Aurobindo Pharma has hurled allegations of fraud at the former owner of a natural products company it bought out of a U.S. bankruptcy proceeding, Natrol Inc. Read the Daily Bankruptcy Review article here.

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Morning Scan: Turmoil at Bitcoin Foundation; Bank Service on Wheels

04/07/15

Receiving Wide Coverage ...

Dudley Do-Rate: Rate hikes remain on the horizon for 2015 despite Friday's disappointing jobs report, according to New York Fed head William Dudley's Monday speech, as interpreted by the media. Dudley attributed sluggish economic results for the first quarter to "temporary factors," including a rough winter and the strong dollar's drag on exports. But he "expects inflation to firm and wages to pick up later this year," according to the Wall Street...

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Ten Things Every Commercial Landlord Should Know About a Tenant in Bankruptcy

04/06/15

With several significant recent bankruptcy filings such as RadioShack and Saladworks, tenant bankruptcies become a greater risk for commercial landlords. Yet some landlords are not familiar with the rights provided to them under the Bankruptcy Code, nor are they aware of the protections provided to a tenant in bankruptcy. For example, certain lease provisions are unenforceable once a tenant files for bankruptcy. Should a landlord attempt to exercise its rights under the lease without first seeking approval from the bankruptcy court, the landlord may be subject to strong sanctions.

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Florida Developer Details $500 Million Plan for Atlantic City

04/06/15
This photo taken on Oct. 17, 2012, shows the exterior of the former Revel Casino Hotel in Atlantic City N.J. ACR Energy Partners had told Revel’s owners it would cut off service to the building at 5 p.m. Thursday, Feb.
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The Examiners: Industry Presents Opportunities for Investors, If Homework is Done

04/06/15

How much stress can we expect to see for oil and gas producers and related companies as a result of the current low prices? And what special issues does this industry face when it’s time to restructure or file for bankruptcy?

[more]