Bankruptcy Blogs

Dealers Make a Stand for RadioShack in Small-Town America

02/27/15
Keith Bedford for The Wall Street Journal

Small-town shopkeepers who have been peddling RadioShack

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Forward Motions: Helena Diocese Seeks Approval of Abuse Victim Compensation Plan

02/27/15

On Wednesday in Coeur d’Alene, Idaho, the Roman Catholic Diocese of Helena will seek a bankruptcy judge’s permission to proceed with a plan to pay $16.4 million to compensate hundreds of people who allege they were sexually abused by the diocese’s clergy.

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Bad Risk Data Could Be Big Banks' Downfall

02/27/15

Big banks are making critical risk management decisions with data that is old, incomplete or even inaccurate. This endangers the safety of the global financial system in more ways than one.

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Debevoise Lawyer is Newest New York Bankruptcy Judge

02/27/15
Michael E. Wiles

New York’s bankruptcy bench is expanding again, this time with the appointment of a longtime corporate bankruptcy lawyer in New York.

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The Daily Docket: Caesars Unit Seeks Outside Examiner

02/27/15
Caesars Palace casino in Las Vegas, Nevada, is seen in a file picture taken July 14, 2004.
Reuters

The bankrupt main operating unit of Caesars Entertainm

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Morning Scan: CIT, OneWest Deal in Public Eye; Winters Cheered as Standard CEO

02/27/15

Receiving Wide Coverage ...

CIT, Censures and Selfies: Bank chiefs don't often find themselves defending their business decisions to community members in a public hearing, but then again the $3.4 billion proposed merger between CIT Group and OneWest is a pretty big deal in more ways than one. CIT chief executive John Thain and OneWest CEO Joseph Otting told a panel of banking regulators in Los Angeles Thursday that their plan to create a $70 billion...

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How Yellen Threw a Key Fed Staffer Under the Bus

02/26/15

During Congressional testimony this week, Fed Chair Janet Yellen was sharply questioned about remarks made by Fed General Counsel Scott Alvarez expressing mild concern about a provision of Dodd-Frank. Yellen didn't defend Alvarez Â-- or note that his comments actually reflected the view of the board.

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A Tale of Two Lingerie Retailers

02/26/15
Models display creations at the end of the Victoria’s Secret fashion show in London on Dec.
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Does the Bankruptcy Code Need a Venue Rule Reform?

02/26/15

As it stands, the bankruptcy code allows companies to file for bankruptcy in a location where they have a domicile, residence, principal place of business or principal assets–to includes the location of the company’s incorporation.

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Consumers and Businesses Would Pay the Price for Obama's Bank Tax

02/26/15

The Obama administration's proposed bank tax would apply to all liabilities of large financial institutions Â-- including their deposits. It's bad policy to tax the funding that banks use to make loans to consumers and businesses.

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