Bankruptcy Blogs

What’s fairness got to do with it? When the “it” is chapter 11, a lot….

01/19/15

For those of you who are not familiar with my scholarship, I am fairly conservative in my approach, and I strive to remain objective in my analysis and balanced in my proposals. I believe that most companies try to get it right, I respect markets, and I do not think that financial institutions and private funds are evil.

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Bankruptcy Case vs. Bankruptcy Case

01/19/15

On January 18, 2015, Fox Rothschild's Delaware Bankruptcy Litigation blog published a post

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Technological Costs Could Be Last Straw for Community Banks

01/19/15

Many community banks will soon have to replace outdated technology Â-- expenses that will hit them in an ongoing environment of compressed net interest margins, increasing compliance costs and higher capital requirements.

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Welcome Back to Michelle Harner

01/19/15

We are happy to welcome back Professor Michelle Harner of the University of Maryland and the reporter for the American Bankruptcy Institute's Commission to Study the Reform of Chapter 11. Harner has kindly offered to blog on her perspectives on the Commission's report. So she does not have to say -- anything she writes represents only her own views and not her views in her capacity as the reporter.

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Caesars Bankruptcy: Illinois Bankruptcy Proceeding Stayed by Delaware Bankruptcy Court

01/18/15

On January 12, 2015, Appaloosa Investment LP and funds affiliated with Oaktree Capital and Tennenbaum Capital filed an involuntary bankruptcy petition against Caesars Entertainment Operating Company, Inc. (“Caesars”) with the United States Bankruptcy Court for the District of Delaware.  The petitioning creditors are junior noteholders of the debtor.

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Antonio Weiss Nomination Post-Mortem

01/17/15

There've been a bunch of post-mortems of the Antonio Weiss nomination in the press the last few days (see, e.g., here, here, and here).

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Weekly Wrap: Never Send a Machine to Do Loan Officer's Job

01/16/15

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

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The Daily Docket: Teen Retailer Wet Seal Files for Bankruptcy

01/16/15

Teen retailer Wet Seal Inc. filed for Chapter 11 bankruptcy protection early Friday morning, hoping to salvage some of its stores using a financing offer from B. Riley Co. LLC, The Wall Street Journal reports. The filing followed warnings that Wet Seal was running out of cash even after shutting down 338 stores.

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Small Cap Chapter 11

01/16/15

Former Slips guest blogger Michelle Harner has a piece up on Dealb%k this morning about the ABI's SME proposal – one of my favorite parts of the ABI's larger chapter 11 reform proposal.

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Clearing the Road for GSE Reform

01/16/15

Total overhaul of Fannie Mae and Freddie Mac is a long shot, but Congress can pass measures that set the housing agencies on a path to reform. Mandating deeper mortgage insurance coverage for loans sold to the housing agencies would be a good place to start.

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