Bankruptcy Blogs

Reflections on the Dark Side

04/02/14

Thanks to all who commented on my earlier post on the interaction of §§ 544(a)(3) and 551 and homeownership in bankruptcy; as hoped, CreditSlip readers helped me frame the questions that I continue to have about Traverse and the larger policy questions it raises.

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Capitol Hill Restaurants’ Former Owners Owed Millions

04/02/14

Investors who own the storied Hawk ‘n’ Dove bar and other Capitol Hill eating spots owe more than $9 million to D.C. restaurateur Xavier Cervera and his partners who sold the restaurants to them in late 2012.

During a hearing held Wednesday afternoon at the Washington, D.C., bankruptcy court, lawyers for restaurant owner Barrack’s Row Entertainment said Chapter 11 would protect the company while its leaders negotiate to lower the debt owed to the former owners.

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Capitol Hill Restaurants’ Former Owners Owed Millions

04/02/14

Investors who own the storied Hawk ‘n’ Dove bar and other Capitol Hill eating spots owe more than $9 million to D.C. restaurateur Xavier Cervera and his partners who sold the restaurants to them in late 2012.

During a hearing held Wednesday afternoon at the Washington, D.C., bankruptcy court, lawyers for restaurant owner Barrack’s Row Entertainment said Chapter 11 would protect the company while its leaders negotiate to lower the debt owed to the former owners.

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Deficiency Judgments after Mortgage Foreclosure Sale

04/02/14

Recent Developments in the Collection of Deficiency Judgments after Mortgage Foreclosure

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Why GSE Reform Is Still a Priority

04/02/14

The GSEs are the essence of highly leveraged, systemically important financial institutions, based on their size, interconnectedness and the lack of substitutability

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Why Banks Should Stop Managing Call Centers Like Machines

04/02/14

Scrapping the "call-center-as-a-machine" model and the "customer-as-widget" mentality will allow organizations to make real progress in the battle for customer experience.

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The Daily Docket: Defunct Auto Parts Manufacturer Budd Enters Bankruptcy

04/02/14

Defunct automotive parts manufacturer Budd Co. has filed for Chapter 11 bankruptcy protection with $400 million contributed by parent ThyssenKrupp North America to fund continued retiree benefit payments until those obligations can be resolved in court. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Defunct Auto Parts Manufacturer Budd Enters Bankruptcy

04/02/14

Defunct automotive parts manufacturer Budd Co. has filed for Chapter 11 bankruptcy protection with $400 million contributed by parent ThyssenKrupp North America to fund continued retiree benefit payments until those obligations can be resolved in court. Read the Daily Bankruptcy Review article here.

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