Bankruptcy Blogs

The Incredible, Magical, Shrinking Injunction?

07/28/14

Judge Griesa has approved Citibank's request to transfer funds it received in payment of both dollar- and peso-denominated, Argentine-law bonds. Order attached.

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Bryman and BioHealth Shut Down in Chapter 11

07/28/14

Bryman Colleges, a California for-profit education chain with four campuses, and sister school BioHealth College permanently shut their doors Friday evening, leaving nearly 300 students in the lurch.

Students received notice over the weekend that their school wouldn’t be reopening on Monday morning and all of the school’s employees found out Friday they were being laid off, according to reports from students and employees.

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The Examiners: Sharon Levine on Argentina and Distressed Investors

07/28/14

As Argentina finds itself on the verge of a second default, what blame, if any, does the distressed investing community hold?

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When Measuring Big Banks' Subsidy, First Count the Costs

07/28/14

Studies of whether big banks enjoy implicit funding subsidies should take into account the effect of post-Dodd-Frank legislation and regulation, write Aaron Klein and Peter Ryan of the Bipartisan Policy Center.

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Not Fraudulent, Voidable

07/28/14

At its annual meeting, the National Conference of Commissioners on Uniform State Laws (NCCUSL) formally adopted the Uniform Voidable Transactions Act (UVTA). Under its provisions, I believe it says any service member in uniform will be able to avoid a transaction . . . . Hold on, let me give it a read.

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The Examiners: Paul Leake on Argentina and Distressed Investors

07/28/14

As Argentina finds itself on the verge of a second default, what blame, if any, does the distressed investing community hold?

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The Examiners: Lisa Donahue on Argentina and Distressed Investors

07/28/14

As Argentina finds itself on the verge of a second default, what blame, if any, does the distressed investing community hold?

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The Examiners: Richard A. Chesley on Argentina and Distressed Investors

07/28/14

As Argentina finds itself on the verge of a second default, what blame, if any, does the distressed investing community hold?

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Here Comes the Sun: Banking the Upstart Solar Industry

07/28/14

The solar industry is still developing, but Mercatus CEO Haresh Patel has suggestions for banks that want to get in on it now.

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Morning Scan: JPM Unloading $1.3B; OCC Questions Chase Wealth Ops

07/28/14

Receiving Wide Coverage ...

JPMorgan Unloads: JPMorgan Chase agreed to sell a $1.3 billion debt and securities portfolio to Bain Capital's Sankaty Advisors, both the Wall Street Journal and Bloomberg reported. Chase's Hong Kong-based portfolio group, called the Global Special Opportunities Group, invests mainly in high-yield debt. Chase's sale of the unit is part of the wider trend of big banks unloading assets to comply with rules that they improve capital ratios and comply with the...

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