Bankruptcy Blogs

The Daily Docket: Union Protests Trump Bid to Cut Benefits

10/09/14
Associated Press

The union for some 1,140 workers at Atlantic City, N.J.’s Trump Taj Mahal casino who are rallying to save their health-care and pension benefits are now fighting in two places: in the courtroo

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Morning Scan: Cyberattacks Spread; Geithner and 'Loan Sharky'

10/09/14

Receiving Wide Coverage ...

Cyberattack Targets: JPMorgan Chase was one of at least a baker's dozen of financial firms targeted by a recent cyberattack, the Journal reports, citing unnamed sources. Others in the hackers' crosshairs may have included mutual fund giant Fidelity Investments, onine brokerage E*Trade Financial, payroll giant Automatic Data Processing and banks Citigroup, Regions Financial and HSBC. However, investigators don't know yet if the attacks on some of these other firms are related to...

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GT Advanced Wants to Keep Issues With Apple Secret

10/09/14

GT Advanced Technologies , the sapphire supplier that filed for bankruptcy protection Monday, wants to keep what went wrong between it and Apple Inc. behind closed doors.

Why?

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The Short Case for Venue Reform

10/08/14
Today I had the opportunity to debate venue reform at the National Conference of Bankruptcy Judges in Chicago.   We had two excellent teams of debaters.   Arguing for the pro-reform position were Prof. Samir Parikh, retired Bankruptcy Judge Leif Clark and myself.   The pro-status quo team consisted of Prof. Douglas Baird, retired Bankruptcy Judge Arthur Gonzalez and Dennis DeFranceschi of Richards, Layton & Finger, P.A.   Jamie Sprayregen of Kirkland & Ellis moderated the debate.  We had a good, vigorous debate.
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Cooley Law Plans To Shutter Ann Arbor Campus

10/08/14

In yet another sign of the pressures facing law schools, Western Michigan University Thomas M. Cooley Law School—which is among the largest in the country by number of students—is shutting down its campus in Ann Arbor, Mich.

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Germany’s Rena Lange Launches U.S. Bankruptcy

10/08/14
A model presents a creation by the Rena Lange fashion label during the Mercedes-Benz Fashion Week in Berlin in July 2011.
EPA/Britta Pedersen

German f

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Dodd-Frank Diversity Standards Need Real Teeth

10/08/14

The Offices of Minority and Women Inclusion should require financial institutions to perform regular, standardized and data-driven assessments of workforce and supplier diversity.

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The Examiners: Prepa Restructuring Will Impact Many Stakeholders

10/08/14

Puerto Rico’s Prepa utility has until mid-December to come up with a new business plan and early March to propose a debt-restructuring plan.

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The Examiners: Public Scrutiny Makes Prepa Restructuring Unique

10/08/14

Puerto Rico’s Prepa utility has until mid-December to come up with a new business plan and early March to propose a debt-restructuring plan.

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SIFI Designations Aren't Meant to Last Forever

10/08/14

The FSOC must provide well-reasoned justifications as to why it chooses to designate a firm as systemically important Â-- and provide a clear outline of the steps that companies can take to rid themselves of the SIFI label.

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