Bankruptcy Blogs

The District Court for the Southern District of Florida, in the case of Carpenter v. Brown, 13-CV-61183-KMM (SD Fla.

Care deeply about the price at which you make an investment, whether it's in your own shares or another company's. Don't delude yourself about how great the future will be. And look for empirical evidence that you have an "edge", rather than simply assuming it.

Calumet Photographic Inc., the photography retail chain whose abrupt shuttering and bankruptcy filing surprised customers, has found a buyer for some of its assets.

Puerto Rico’s finance arm hired restructuring lawyers at Cleary Gottlieb Steen & Hamilton LLP, as the troubled island battles a weak economy and perpetual budget deficits, the Wall Street Journal reports.

Receiving Wide Coverage ...

Leveraging Up: Regulators are slated to finalize a new rule on Tuesday mandating the amount of loss-absorbing capital big banks must hold on their books. Banking agencies last summer proposed raising the leverage ratio to 5% for bank holding companies and 6% for their insured subsidiaries. Those figures are expected to hold steady at the final vote, though how the ratio is calculated could be fine-tuned. Wall Street Journal, Financial Times, American...