Bankruptcy Blogs

The Biggest Risk Management Lessons from 2014

01/05/15

Last year regulators tightened their grip on Wall Street, while banks were caught off guard by emerging cybersecurity and reputational risks.

[more]

The Daily Docket: Lehman Trustee Strikes Deal With Pimco

01/05/15

The trustee unwinding Lehman Brothers Holdings Inc.’s U.S. brokerage arm has struck a deal with Pacific Investment Management Co. that would settle more than $187 million in claims against the brokerage at a fraction of their asserted value. The Wall Street Journal has the Daily Bankruptcy Review article here.

[more]

Banking's Tragedy of the Commons

01/05/15

A number of bankers and regulators are concerned about declining credit standards. The problem is realÂ-- and it is also endemic to credit markets.

[more]

Morning Scan: Crackdown on Payday Lenders; Banks Beef Up Card Security

01/05/15

Wall Street Journal

The Consumer Financial Protection Bureau is exploring a potential new regulation to require payday lenders to make sure borrowers can repay their loans, anonymice tell the Wall Street Journal. The proposal is expected to be discussed early this year in a panel of small lenders the CFPB plans to convene. Such a rule would please consumer advocates, who also want the CFPB to require payday lenders to verify borrowers' incomes, expenses and credit...

[more]

Ten Most Memorable Quotes of 2014

01/04/15
Here is a look back at some of the most memorable quotes that appeared in A Texas Bankruptcy Lawyers Blog last year.
[more]

Capital Leases in Bankruptcies – A Lesson from Xchange Technology Group

01/03/15

In a  9-page opinion released December 30, 2014 in the Xchange Technology Group bankruptcy (Bank. D. Del.

[more]

U.S. Supreme Court "Summary Dispositions"

01/03/15

The Northern District of Florida’s decision in Brenner, et al. v. Scott, etc., 999 F.Supp. 2d 1278 (2014) about the constitutionality of limiting marriage only to between a man and a woman has been much in the news.  The Court makes on page 1290 references that United States Supreme Court “summary dispositions” bind lower federal courts – unless “doctrinal developments in the Supreme Court undermine the decision.” Summary disposition is explained in Alex Hemmer's 2013 article, "Courts as Managers: American Tradition Partnership v.

[more]

Statutes of Limitation in Georgia: Credit Card Debts

01/02/15

statute of limitationsIn Georgia, the statute of limitations for filing a lawsuit to collect credit card debt is 6 years.

[more]

Forward Motions: Revel Seeks Sale to Backup Bidder

01/02/15
Revel Hotel Casino in Atlantic City, N.J.
Associated Press

A bankruptcy judge on Monday will consider Revel Casino Hotel’s sale to a Florida real-estate developer af

[more]