Bankruptcy Blogs

Communication Can Win Back Wary Customers

09/02/14

While customers were losing faith in banks, they were falling in love with tech. Banks will have to start changing their message if they're going to catch up, according to consultant Chiaki Nishino.

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The Examiners on Work-Life Balance in Restructuring

09/02/14

As summer comes to a close and kids head back to school, we thought we’d ask our Examiners to look at an issue close to home: the challenge of juggling family and career.

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Businesses Should Pay Straightforward Taxes — Credit Unions Included

09/02/14

The historic basis for credit union tax exemptions has become outdated, according to Frank Keating of the American Bankers Association.

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Morning Scan: Barclays Bids Spain Adios; NY AG to File Buffalo Redlining Suit

09/02/14

Receiving Wide Coverage ...

Barclays Tells Spain Adios: Barclays plans to sell its Spanish retail bank, wealth and investment management and corporate banking divisions to Caixabank for $1 billion. The move is part of Barclays' larger effort to scale back in unprofitable markets; the Wall Street Journal reports it will lose $830 million in the sale. "Heard on the Street" suggests since the "sale price valued the Spanish business at about half of book value ...

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The Daily Docket: Detroit’s Bankruptcy-Exit Hearing Gets Underway

09/02/14

The nation’s largest municipal-bankruptcy case is set for a showdown trial starting Tuesday, pitting the city’s emergency manager against holdout creditors seeking billions in payouts, The Wall Street Journal reports.

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Single-Point-of-Entry: No Bank Left Behind

08/31/14

Last December the FDIC put out for comment a proposal for a Single-Point-of-Entry (SPOE) Strategy to implement its Orderly Liquidation Authority (OLA) under Title II of Dodd-Frank. Single-Point-of-Entry has gotten a lot of policy traction. The Treasury Secretary supports it and there’s huge buy-in from Wall Street.

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Analysis Regarding Third-Party Releases in Bankruptcy

08/31/14

In the recent decision of In re Genco Shipping & Trading Ltd., the United States Bankruptcy Court for the Southern District of New York approved certain non-consensual third-party releases granted by unimpaired creditors and equity holders, to the extent that they complied with the US Court of Appeals for the Second Circuit’s standard for approval of these releases.

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Fifth Circuit's Bankruptcy Opinions From August 2014

08/30/14
There are more bankruptcy decisions that come out of the Fifth Circuit each month than I could ever write about.   I am going to try to provide at least a brief blurb for each one.  Here are five cases from the Fifth Circuit that came out during August.   They deal with discharge, dischargeability, jurisdiction and Stern issues, lien claims and preferences.
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