Bankruptcy Blogs

Come on Get Happy…In Bankruptcy?

02/13/15

This week on The Broke and the Beautiful, David Cassidy filed for bankruptcy—but don’t worry, we (still) think we love him. Also, music festival Country Explosion filed for bankruptcy, and BottleRock’s original producers sought $3 million from an early investor.

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Forward Motions: GM Set to Fight ‘Economic Victims’ in Bankruptcy Court

02/13/15
Associated Press

Tuesday in Manhattan, General Motors Co.  and so-call

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The Daily Docket: Detroit Judge Approves $178 Million in Fees

02/13/15
In this July 18, 2013, file photo, the Detroit skyline rises behind the Monument to boxer Joe Louis, also known as “The Fist.”
Paul Sancya/Associated Press
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Corporate Culture Is Not Something You Pick Like Upholstery

02/13/15

A bank's culture cannot be chosen. Its values and goals can be. And an appropriate combination of values and goals then creates the environment to achieve a positive and lasting culture.

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Man Bites Dog! Regulatory Edition

02/13/15

I woke up this morning to see an abstract of a paper entitled Is Regulation to Blame for the Decline in American Entrepreneurship? When I saw that one of the co-authors was on the George Mason University economics faculty, I said to myself, "

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Morning Scan: JPMorgan Executives Out Amid Asia Probe; What's Next for Amex?

02/13/15

Editor's note: Morning Scan will not publish on Monday, Feb. 16 in observance of the Presidents' Day holiday. We'll be back on Tuesday, Feb. 17. Receiving Wide Coverage ...

JPMorgan's Asian Shake-Up: JPMorgan Chase is forcing two executives out the door amid a federal investigation into the bank's hiring practices in Asia, anonymous sources told the Wall Street Journal and Financial Times. The executives are Todd Marin, vice chairman of Asia Pacific investment banking, and Catherine Leung,...

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Risk Managers Should Brush Up on Central Bank Kremlinology

02/12/15

The Swiss National Bank's unexpected move to unpeg the country's currency from the euro serves as a reminder that central bank policies and actions can be hard to predict. Bank risk managers should stay on guard.

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Once-Exclusive Golf Club Opens Books in Bankruptcy

02/12/15

For years, the exclusive Golf Club at Briar’s Creek near Charleston, S.C., marked its entrance along a rural, oak tree-studded road with a small sign of a bird’s silhouette.

After membership fell during the recession, the private, 18-hole course started advertising in magazines and on interstate billboards.

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This Morning, I Woke Up With This Feeling

02/12/15

I feel compelled to share this sad but not unexpected filing.  I hope he will not run into any trouble under section 523(a)(9).

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The Daily Docket: Judge Denies Request for Revel Sale Deadline Extension

02/12/15
Paula Manago, of Cliffside Park, N.J., gathers shells along the ocean near the Revel Hotel Casino early Tuesday, Sept.
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