Bankruptcy Blogs

Forward Motions: Delia’s to Seek Approval of Sale

02/20/15
Going-out-of-business sales are underway at Delia’s 92 retail stores around the country, including this one in Roseville, Calif.
Sara Randazzo

Tuesday in

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Can Banks Modernize Payments Without Fed's Nudge? Weekly Wrap

02/20/15

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including the Fed's proper role in speeding up the payment system; the perennial TBTF debate; and the privacy implications of anti-laundering regulations.

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The Daily Docket: Revel Sale Terminated

02/20/15
Paula Manago, of Cliffside Park, N.J., gathers shells along the ocean near the Revel Hotel Casino early Tuesday, Sept.
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House Bill Would Force Big Banks to Compete in Free Market

02/20/15

The Subsidy Reserve Act of 2015 could solve "too big to fail" and level the playing field for smaller banks by requiring the largest financial institutions to accumulate capital equal to the amount of the market subsidy they receive.

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Morning Scan: Fears Raised on Hack of Phone-Card Maker; JPMorgan's Cyber Army

02/20/15

Receiving Wide Coverage ...

Hacked Off: So much for mobile banking. The Dutch company Gemalto, the world's largest maker of SIM cards for mobile phones, was hacked by a joint team from the National Security Agency and the U.K.'s counterpart intelligence agency. (The report comes from documents leaked by NSA whistleblower Edward Snowden to the website The Intercept.) Gemalto sells its SIM cards to AT&T, Sprint, T-Mobile, Verizon and other telecom companies. Gemalto's financial institution clients...

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Recovering Attorneys' Fees in Dischargeability Litigation

02/19/15
A new opinion from Judge Tony Davis answers some interesting questions about recovery of attorneys' fees in dischargeability litigation.   Schwertner Backhoe Services, Inc. v. Kirk (In re Kirk), Adv. No. 11-1239 (Bankr. W.D. Tex.
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Operation Choke Point Won't Go Away Quietly

02/19/15

The FDIC is taking important steps to undo the damage caused by Operation Choke Point Â-- but fraud prevention company Early Warning apparently didnÂ't get the memo.

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The Daily Docket: Nextel Mexico Sale on Track for March Approval

02/19/15
People get assistance from employees at a Nextel Mexico store and customer service center in Mexi
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If Coca-Cola Can Be Disrupted, So Can Your Bank

02/19/15

Banks' business models are even more vulnerable to a massive shakeup than industry behemoths like McDonaldÂ's and Coca-Cola. The industry will be redefined by technological change and shifting consumer preferences, as well as by regulations that limit the sector's adaptability.

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