Bankruptcy Blogs

The Daily Docket: Caesars Bankruptcy Venue Fight Brews

01/14/15
Caesars Palace stands in Las Vegas on March 20, 2014.
Bloomberg News

Investors attempting to push the largest operating unit of Caesars Entertainment Cor

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Regulate Banks by Complexity, Not Size

01/14/15

Small banks arenÂ't disappearing Â-- theyÂ're just getting bigger. Meanwhile, their large competitors are exiting business lines and selling off units. These changes suggest that regulators would be better off issuing rules based on lendersÂ' level of complexity, relieving institutions that operate by a core banking model of unnecessary burdens.

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Morning Scan: Ocwen Tangles with California Regulators; MetLife's Got Chutzpah

01/14/15

Breaking News This Morning ...

Earnings: JPMorgan, Wells Fargo Receiving Wide Coverage ...

See You in Court: Is MetLife brave or foolish for going to battle over its designation as a systemically important financial institution? Opinions are split on the matter. In the pro camp, an unsigned op-ed in the Wall Street Journal calls MetLife's decision to sue the U.S. government "the best news taxpayers have had since the financial crisis." The article argues the Financial Stability Oversight...

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Corporate Recidivism? Ocwen's Charter Problems

01/13/15

Last month mortgage servicer Ocwen (that's NewCo backwards) was mauled by the NY State Department of Financial Services. Now the California Department of Corporations is seeking to revoke Ocwen's license to do business in that state. 

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‘Duck Dynasty’ Iced Tea Maker Blames Show’s Stars for Bankruptcy

01/13/15
Duck Commander Family Foods and Chinook USA

A Kentucky company that’s brewing iced tea inspired by “Duck Dynasty’s” Uncle Si on

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A New Congress, a New Chance to Rein In the CFPB

01/13/15

The CFPB should receive its funding from Congress rather than the Federal Reserve in order to increase its accountability. Lawmakers should also take steps to limit the power accorded to the agency's director.

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Ex-Dewey Leaders Criminal Trial to Start in April

01/13/15
Law firm Dewey and Leboeuf’s ex-Chairman Steven Davis (second right), ex-CFO Joel Sanders (third right), former executive director Stephen DiCarmine and former client relations manager Zachary Warren arrive in handcuffs at Manhattan Criminal
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