Bankruptcy Blogs

How to Convert Resisters to Dodd-Frank Reform

03/02/15

Lawmakers reluctant to offer community banks regulatory relief should consider the empirical evidence of how Dodd-Frank has hurt small lenders Â-- and listen to the federal and state bank regulators calling for changes.

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Is GM Shielded From Ignition Switch Defect Liability? Hearing Highlights Thorny Due Process and Bankruptcy Issues

03/02/15

Judge Robert Gerber will be stepping down at the end of this year, ending a storied judicial career highlighted by his oversight of the 2009 chapter 11 case of General Motors Corporation (“Old GM”).

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The Daily Docket: GameStop to Get 163 RadioShack Locations

03/02/15
A RadioShack sign is viewed at a location in the Eastern Market neighborhood of Washington, D.C., in February 2015.
Melanie Cohen

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Watch Out for the Loophole in FHFA's Home Loan Bank Plan

03/02/15

Geographic ties bind Federal Home Loan Banks and their members to local communities. The Federal Housing Finance Agency's recent proposal to change the FHLB membership requirements could put this connection at risk. The Federal Home Loan Bank system is a national network of local cooperatives. Each of the 12 Federal Home Loan Banks is as committed to its local region as the members it serves. The system aims to foster responsible lending and meet the needsÂ...

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Morning Scan: Wells Fargo Caps Subprime Auto Lending; Holder's Deadline

03/02/15

Wall Street Journal

The Dodd-Frank restriction on the Federal Reserve's authority to be a lender of last resort poses a threat to financial stability, Glenn Hubbard, former chair of the Council of Economic Advisers under President George W. Bush, and Hal Scott, a Harvard Law School professor, write in an op-ed for the Wall Street Journal. Restrictions on federal guarantees for bank deposits and money market funds also contribute to the threat. The Fed's lender-of-last-resort authority...

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Want Proof That Dodd-Frank Hurt Community Banks? Weekly Wrap

02/27/15

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including Dodd-Frank's impact on small institutions, Fed chair Janet Yellen's handling of attacks on her staff and Bitcoin's public but pseudonymous ledger.

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Energy Resources Remains Viable for Allocation of Tax Payments

02/27/15
Twenty-five years ago, the Supreme Court held that a Bankruptcy Court had the authority to order the IRS to allocate payments made "voluntarily" by a Debtor when necessary to effectuate a successful reorganization.    United States v. Energy Resources Co., 495 U.S.
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