Bankruptcy Blogs

The Examiners: Remain Thoughtful About Oil and Gas Investments

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]

Opinion Rules that Shareholder Meetings Continue During Bankruptcy

04/06/15

In an 19 page opinion issued April 1, 2015 in the SS Body Armor I, Inc. Bankruptcy (10-11255), Judge Sontchi held that an action to compel a shareholder meeting is not barred by the automatic stay of 11 U.S.C. 362.  The Opinion is Available Here.

Background

[more]

The Examiners: Weakened Companies Failed to Manage Risk

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]

Yes, Millennial Bank Customers Justify the Hype

04/06/15

Millennials were rocked by the Great Recession and excessive student loan debt. Now older members of this generation are finally coming into their own Â-- which means they're also getting mortgages, opening credit cards and saving for retirement.

[more]

Quantifying the Benefits of the Fresh Start

04/06/15

I recently discovered a not-so-new paper that provides a useful answer to a question I've asked before:  Who benefits from consumer bankruptcy, and to what degree? This is a real challenge for policy-making, and well-supported answers are essential to greasing the wheels of reform.

[more]

The Examiners: Strain on Oil and Gas Companies Poses Unique Challenges

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]

Why We Need the SEC's 'Bad Actor' Waivers

04/06/15

Critics say the SEC uses too liberal a hand in granting waivers that allow firms that violate securities laws to be exempted from certain penalties. But the agency needs these waivers to adjust rules designed to be overly broad.

[more]

The Daily Docket: Delia’s to Sell Distribution Facility

04/06/15

Liquidating retailer Delia’s Inc. received bankruptcy-court approval to sell its distribution facility in Pennsylvania for $3.95 million. Read the Daily Bankruptcy Review article here.

[more]

Morning Scan: Big-Bank CEO Pay Ain't What It Used to Be; Of Rabbis and Wall Street

04/06/15

Wall Street Journal

Big-bank CEOs still make plenty of dough Â-- but the job's not as lucrative as it used to be. Pay for the top bananas at the five largest Wall Street firms "remained well below pre-crisis levels" at a collective $92.5 million last year, the paper reports, down 47% from pooled earnings of $173.6 million in 2006. Meanwhile, the average bank employee's paycheck reached a new high of $148,740 last year. "The dichotomy shows...

[more]

Forward Motions: Doral Financial, ProNerve Seek Court-Supervised Sales

04/03/15

On Thursday in Manhattan, Doral Financial Corp. will seek court permission to sell its insurance arm to Anglo-Puerto Rican Insurance Corp. for $10.75 million, subject to higher bids at an auction.

[more]