Bankruptcy Blogs

Receiving Wide Coverage ...

Too Cozy?: The Fed established a team in Washington to review whether it's too cozy with the banks it regulates. The New York Times described the review as a "surprise announcement." The Fed's inspector general will simultaneously conduct a similar review, looking specifically at whether "top officials were hearing all the opinions of Fed bank examiners." The moves were announced Thursday, ahead of Fed Governor Daniel Tarullo's and New York Fed President...

Lawyers, pay attention—correcting a mistake in bankruptcy papers is going to cost you pretty soon.

The overly complex Dodd-Frank Act came about because policymakers failed to tie regulation and regulatory structure together effectively. The next step in financial reform should be to simplify Â-- and perhaps consolidate Â-- regulatory processes.

A government tool for unloading failed bank assets and minimizing FDIC losses may be used as a vehicle to publicly subsidize private gains in the proposed merger between CIT Group and OneWest Bank.

In a prior post, we discussed the commencement of approximately 72 preference actions filed in the Quantum Foods bankruptcy proceeding by the Creditors Committee.