Bankruptcy Blogs

RadioShack to Accept Gift Cards Until Early March

02/10/15
A RadioShack sign is viewed at a location in the Eastern Market neighborhood of Washington, D.C., in February 2015.
Melanie Cohen

RadioShack Corp.

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Size Matters: Community Banks' Real Problem

02/10/15

Community banks are ailing.  Over the past decade many of them have failed or been gobbled up by larger banks. What's going on? 

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Are Banker's Hours Still Relevant?

02/10/15

Bankers originally needed to shorten their hours in order to allow for the laborious paperwork involved in processing financial transactions. Now thereÂ's no such justification for closing shop.

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The Daily Docket: RadioShack Wins Financing Approval

02/10/15
Melanie Cohen

RadioShack Corp.’s proposed bankruptcy financing cleared court Monday as the retailer continues the process of racing to sell out and shut down some 1,100 stores by the end of the month.

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Obama's Bank Tax Rests on Shaky Foundation

02/10/15

A better way to deal with the "too big to fail" problem would be to impose higher capital requirements or to issue "rescue" bonds to bank investors.

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Morning Scan: Powell Pans 'Audit the Fed'; DOJ Wants Felony Forex Pleas

02/10/15

Receiving Wide Coverage ...

Pushback Against 'Audit the Fed': Federal Reserve Board Governor Jerome Powell took a stand on Monday against the "Audit the Fed" bill that's been gaining traction among some Republicans legislators. Powell himself is a member of the GOP, but he's no fan of the proposal to subject the central bank to policy audits by Congress. The plan could reverse "decades of deliberate effort by the Congress to insulate the Fed from political...

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Preference Actions filed in CPI, Corp.

02/10/15

On February 6, 2015, Charles A. Stanziale, Jr., as the Chapter 7 Trustee (the “Trustee”) of CPI, Corp., et al. (“CPI” or the “Debtors”), filed approximately 44 preference complaints seeking to avoid and recover alleged preferential transfers pursuant to Sections 547 and 550 of the Bankruptcy Code, to disallow claims pursuant to Section 502(d), for attorneys’ fees, and prejudgment interest.

Background

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The Baffling Rejection of Venue Reform by the ABI Chapter 11 Reform Commission

02/09/15

In its final report and recommendations, adopted on Dec. 1, 2014, the ABI Commission to Study the Reform of Chapter 11 refused to recommend any changes to the venue rules for chapter 11 bankruptcy cases.

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Financial Inclusion Will Make Big Strides in 2015

02/09/15

Affordable pre-paid cards and checking accounts targeted at low-income customers are among the positive trends likely to gain steam in the months ahead.

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Sh*t In, Sh*t Out? the Problem of Mortgage Data Corruption & Empirical Analysis

02/09/15

Empirical economic analysis is a powerful tool.  It can elucidate correlations and sometimes even get us to causual explanations. But it has a serious weak-spot:  its value is entirely dependent upon the integrity of the data analyzed. To put the problem succinctly: sh*t in, sh*t out. 

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