Bankruptcy Blogs

Cache Stores to Start Going-Out-of-Business Sales

03/04/15
A view of a Cache store at The Shops at Columbus Circle in Midtown Manhattan
Sara Randazzo

For bargain hunters, prom-dress shopping may be starting early

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The Daily Docket: Trump Entertainment’s Fight with Union Heads to Appeals Court

03/04/15
This Oct. 24 photo shows union members picketing outside the Trump Taj Mahal casino in Atlantic City N.J. On Tuesday Feb.
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Global Bail-In Plan Could Still Leave Taxpayers Holding the Bag

03/04/15

The Financial Stability BoardÂ's proposed capital and long-term debt requirements would only go part of the way toward ending the risk of government bailouts. If regulators really want to get rid of too big to fail, they need to deal with over-the-counter derivatives market.

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Morning Scan: CFPB to Issue Mandatory Arbitration Proposal; Apple Pay Fraud

03/04/15

Wall Street Journal

Is this the first wave of backlash to Apple Pay? Or was it simply to be expected that it was only a matter of time before hackers cracked the Apple Pay code? Either way, some banks say they've seen an increasing amount of fraud on Apple Pay devices. The weakness in the system is apparently related to the verification process associated with a user adding a credit card to the service, unnamed sources...

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Servicing Matters

03/03/15

I am so pleased to offer the following post by Carolina Reid, a premier housing researcher at UC Berkeley, about her excellent study of how mortgage servicers matter in creating home-saving opportunities. Welcome Carolina to Credit Slips.

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Cryptocurrency Technology Set to Shake Up Correspondent Banking

03/03/15

Correspondent banking has long relied on a costly, multistep process to settle transactions. Now banks must weigh whether to adopt cryptocurrency technology that allows for faster, cheaper settlements or risk getting pushed out of the business entirely.

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The Examiners: Don’t Fix Venue Rules That Aren’t Broken

03/03/15

Should bankruptcy laws that allow companies broad latitude in selecting a venue be reformed? 

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The Examiners: Venue Debate is Much Ado About Nothing

03/03/15

Should bankruptcy laws that allow companies broad latitude in selecting a venue be reformed? 

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