Bankruptcy Blogs

The Daily Docket: Energy Future Looks to Restart Oncor Bidding

01/13/15
This photo shows transformers that are ready to ship at Oncor’s staging area in Lancaster, Texas, on Thursday, Dec.
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Check-the-Box Mentality Exposes Banks to Big Cyber Risks

01/13/15

Banks can be compliant with cybersecurity guidelines and still remain vulnerable to massive liabilities. One case in point: many financial institutions carry mandatory insurance policies that could leave them on the hook for six-figure losses from corporate account takeovers.

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Morning Scan: MetLife Sues Over Too Big to Fail Label; Chalk One Up for Warren

01/13/15

Receiving Wide Coverage ...

Game On: MetLife is suing the U.S. government for designating it as a systemically important financial institution. The life insurer plans to file a lawsuit in the United States District Court for the District of Columbia Tuesday. MetLife is the first firm to try to shake off the systemically important label by going to court, the New York Times reports. An article in the Wall Street Journal sheds light on why company...

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Churches as an Alternative to Payday Lenders

01/12/15

Payday loans are exceedingly expensive, often trapping borrowers into a cycle of rolling their loan over for many months while interest compounds. Postal banking has been suggested as a way to provide people with better access to less-expensive loans. And the CFPB has indicated that it intends to regulate payday and similar high-cost loans (maybe that will happen soon?).

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Bankruptcy Court Denies Request to Transfer Case to Delaware

01/12/15
The venue reform movement has focused on cases filed in Delaware and the Southern District of New York which are either not transferred (Enron and Energy Futures) or transferred at considerable time and expense (Patriot Coal).   However, a decision out of Texas denied a request to transfer an adversary proceeding to Delaware.    Think3 Litigation Trust v. Zuccarello (In re Think3, Inc.), No. 13-1081 (Bankr. W.D. Tex.
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Good Marketing Can Help Banks Survive a Cybersecurity Backlash

01/12/15

Customers affected by cyberattacks frequently direct their wrath at financial institutions, whether or not a bank is responsible for the breach. Therefore banks need to have a strategic communications strategy in place.

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Welcome Matthew Bruckner

01/12/15

Today we welcome Matthew Bruckner as a guest blogger. Professor Bruckner teaches at Howard University School of law. I first became acquainted with him through his wonderful scholarship applying virtue theory to bankruptcy law. He teaches a variety of business and commercial law courses, including contracts and bankruptcy. Professor Bruckner has previously taught at St. John’s University School of Law and Cleveland-Marshall College of Law.

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The Daily Docket: Bondholders Look to Push Caesars Into Bankruptcy

01/12/15
Caesars Entertainment Corp.’s Caesars Palace casino stands in Las Vegas, Nevada, U.S., on Sunday, March 9, 2014.
Bloomberg News

A group of hedge funds on

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