Bankruptcy Blogs

Weil Partners: Restructuring Doesn’t Have to Stay a Male-Dominated Field

09/11/14

[Editor’s note: We received this post from five Weil, Gotshal & Manges partners in response to this Examiners blog post on the gender gap in the restructuring field.]

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Polsinelli Attorneys Call on Law Firms to Help Close Gender Gap

09/11/14

[Editor’s note: We received this post in response to our series of Examiners’ posts on work-life balance.]

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Legacy Bank Payment Systems and the Internet: A Toxic Cocktail

09/11/14

Until we know without doubt with whom we are transacting, the legacy payment networks cannot be made secure for Internet-sourced electronic payments.

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The Daily Docket: RadioShack Warns of Bankruptcy

09/11/14
Reuters/Shannon Stapleton

RadioShack Corp. is in talks to shore up

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Morning Scan: Reactions to Apple Pay; Santander's Succession Plan

09/11/14

Receiving Wide Coverage ...

Paying with Apple: Banks have bought into what Apple's selling with its near-field communications-based Apple Pay system, as they like its security features, intuitive user experience and the Apple brand name, and also they harbor the hope that Apple Pay will drive additional credit card usage, as American Banker reported. Retailers, not so much. Yes, starting in October, you'll be able to wave your iPhone 6 in front of an NFC reader...

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Cash-Strapped RadioShack Outlines Its Options, Warns of Bankruptcy

09/11/14

RadioShack , on the wrong side of history and struggling to turn itself around, said Thursday that it is in talks to raise more funds and hopes to announce an agreement soon. But it also said it’s about to run out of cash and could be forced to seek bankruptcy protection if the talks fail.

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"Party Aggrieved" Requirement for Appeal of a Bankruptcy Court Order

09/11/14

On September 4, 2014, the United States Court of Appeals for the 11th Circuit Court of Appeals issued its decision focusing on the "party aggrieved" doctrine in the case of

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Apple Pay and the CFPB

09/10/14

Apple Pay has been getting a lot of attention, and I hope to do a longer post on it, but for now let me highlight one possible issue that does not seem to have gotten any attention. I think Apple may have just become a regulated financial institution, unwittingly. Basically, I think Apple is now a "service provider" for purposes of the Consumer Financial Protection Act, which means Apple is subject to CFPB examination and UDAAP. 

Here's the argument. Be warned:  this is a romp through some legal definitions. 

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Trump Entertainment Resorts Files for Chapter 11 Bankruptcy Protection in Delaware

09/10/14

Trump Entertainment Resorts, along with its affiliated debtors (“Trump Resorts” or “Debtors”), filed for bankruptcy under Chapter 11 of the Bankruptcy Code on September 9, 2014 (the “Petition Date”) in the United States Bankruptcy Court for the District of Delaware.

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Why the New York Times Is Wrong About Apple Pay

09/10/14

The New York Times ' Neil Irwin says Apple Pay is trying to solve a problem that isn't a problem, but heÂ's missing the point.

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