Bankruptcy Blogs

Minnesota College Settles Petters Clawback

06/10/14

A Minnesota liberal arts college that was once a beneficiary of Tom Petters’s largesse will return $600,000 of the $3 million it received.

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Great Branding Comes from the Heart

06/10/14

There are more than 6,700 banks in the United States competing for market share, and among each oneÂ's greatest challenge is effectively distinguishing itself from competitors that offer pretty much the same products and services.

There are many ways to do this, but whatever the tactical plan, it must start with an effective messaging and branding strategy. Crucially, that strategy should not be focused on selling stuff, but rather on connecting with customers or prospective ones...

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How to Check if Your Bank Is Adequately Reserved

06/10/14

Loan reserving is one of the most important decisions in banking. Yet there is no accounting, regulatory or industry numerical guideline for Â"adequateÂ" levels of the allowance for loan losses.

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The Daily Docket: Supreme Court Rules on Bankruptcy Courts’ Powers

06/10/14

The Supreme Court on Monday clarified a prior ruling that effectively limited bankruptcy judges’ powers but left a bigger question unanswered. Law Blog has the Daily Bankruptcy Review article here.

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Morning Scan: Fraud Probe Grows; Expanding SBA Loan Access

06/10/14

Receiving Wide Coverage ...

Metal Fraud Concerns Grow: As banks investigate the possibility that a Chinese metal producer used the same materials as collateral for metal-backed loans, China's state-owned company Citic Resources Holdings attempted to secure its warehouse stocks of aluminum and copper. A half-dozen banks are looking into the suspected fraud, including Citigroup and Standard Chartered. Some of the lenders have decided to refrain from commodity financing deals in China "until they get clarity on...

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Stern II, now time for Stern III

06/10/14

Thanks to Stephen for posting the Bellingham/Arkison/Executive Benefits opinion, which I will for simplicity think of as Stern II, as it's the second installment of what will necessarily be a trilogy of Supreme Court cases on the question.  True, the bankruptcy courts live to breathe another day, but the consent question remains unanswered.  (Actually, that's not really true: the consent question was answered already in the magistrate context; the question is really whether "narrow" Stern has changed the answer.)

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Did Law v. Siegel Sound the Death Knell for the Equity Powers of the Bankruptcy Court?

06/09/14

Did Law v. Siegel Sound the Death Knell for the Equity Powers of the Bankruptcy Court?  Mark Berman thinks so.

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Still Stern

06/09/14

The good news is that it's a nice (relatively) short opinion with no dissents or concurrences that require a map to understand.  The bad news is that it dodges all the interesting issues.

The Supreme Court's opinion in Executive Benefits Insurance Agency v. Arkison.

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How to Thwart Another Predatory Housing Crisis

06/09/14

Potentially dangerous adjustable-rate mortgages are making a comeback. A few simple reforms could stop the financial industry from repeating the mistakes of the past while offering housing opportunities to low- and moderate-income borrowers.

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