Bankruptcy Blogs

Good Advice from the Romans

09/24/14

Post hoc ergo propter hoc (

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How Auctioning Troubled Mortgages Can Boost the Housing Recovery

09/24/14

A program that moves distressed mortgages out of the foreclosure pipeline can save the FHA and GSEs money and give troubled borrowers a better shot at staying in their homes Â-- but only if it's properly implemented.

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The Daily Docket: Indiana Toll Road Restructuring on the Fast Track

09/24/14

The operator of the Indiana Toll Road’s fast-track restructuring is under way, with an October court date to secure approval of its plan to tackle some $6 billion in debt. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Morning Scan: RBS Citizens IPO Sputters; Wal-Mart Checking Accounts

09/24/14

Receiving Wide Coverage ... You're No Alibaba: Royal Bank of Scotland cut the price on the IPO of its U.S. banking unit, Citizens Financial, amid tepid demand. The FT said investors are worried that RBS won't be able to deliver on its financial promises for Citizens. Even so, the Citizens IPO was much larger than other recent bank IPOs, including Talmer Bancorp, the Journal noted. Overall the market for bank IPOs has been lackluster this year,Â...

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Ex-Dewey Executive D’Alessandro Can’t Shake $9 Million Suit

09/23/14

A bankruptcy judge Tuesday shut down an attempt by a former Dewey & LeBoeuf LLP executive to dismiss a lawsuit claiming he owes the defunct firm’s creditors $9.3 million.

Dewey’s bankruptcy trustee in March sued the executive, former Chief Operating Officer Dennis D’Alessandro, seeking the return of more than $9 million in salary, bonuses and other compensation that he received from 2008 until the firm’s 2012 collapse.

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How Community Bankers Can Start Playing Offense

09/23/14

Community bankers can get ahead of the competition by building strong and profitable relationships with their customers. They should start by keeping products simple and explanations forthright.

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Bankruptcy Judge: Felon’s Name Must Stay on Scoreboard

09/23/14
Cal Poly fullback Akaninyene Umoh, front left, congratulates linebacker Johnny Millard after Cal Poly’s 42-14 victory over Northern Colorado in November 2013.
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Why Plastic Cards Will Survive Apple Pay

09/23/14

Apple Pay's impact will be mitigated by the limited availability of near-field communication terminals and by consumer concerns about the safety of NFC technology.

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The Daily Docket: Judge Holds Off Approving MF Global Payment

09/23/14

MF Global’s creditors, who have waited nearly three years to get paid, will have to wait a little longer after a bankruptcy judge Monday held off approving its bid to repay them $295 million. Read the Daily Bankruptcy Review article in The Wall Street Journal.

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