Bankruptcy Blogs

How Big Banks Created a Fed to Serve Their Own Interests

04/07/14

A new book from Nomi Prins illustrates how the Wall Street-Washington symbiosis - the subject of much debate in the wake of the recent financial crisis - has existed for over a century.

[more]

The Daily Docket: Dish’s Ergen Sues Falcone Over LightSquared

04/07/14

Dish Network Corp. Chairman Charlie Ergen on Friday sued LightSquared controlling shareholder Philip Falcone, over his handling of the wireless venture’s bankruptcy case. Read the Daily Bankruptcy Review Story via WSJ.

[more]

Read more

The Daily Docket: Dish’s Ergen Sues Falcone Over LightSquared

04/07/14

Dish Network Corp. Chairman Charlie Ergen on Friday sued LightSquared controlling shareholder Philip Falcone, over his handling of the wireless venture’s bankruptcy case. Read the Daily Bankruptcy Review Story via WSJ.

[more]

Read more

Morning Scan: Diamond's African Voyage; BlackRock's Shuffle; BNY Mellon Showdown

04/07/14

Receiving Wide Coverage ...

BlackRock Planning Ahead: Global investment firm BlackRock is shifting and promoting several of its key executives in a move interpreted as succession planning for the day Laurence D. Fink, the firm's co-founder and chief executive, decides to step down. Charles S. Hallac, its current chief operating officer, will become co-president on June 1 alongside Robert S. Kapito, current president of the firm. Robert Goldstein, current head of institutional client business, will become...

[more]

Sale Process Wraps Up for Macadamia-Fueled Power Plant

04/04/14

A group of lawyers and marketing professionals had a tough nut to crack: how drum up interest in an abandoned power plant in Hawaii that can turn macadamia shells into energy.

The lawyers are hoping that a multimillion-dollar offer comes in before today’s bid deadline after months of looking for someone who might want the plant.

[more]

Read more

Sale Process Wraps Up for Macadamia-Fueled Power Plant

04/04/14

A group of lawyers and marketing professionals had a tough nut to crack: how drum up interest in an abandoned power plant in Hawaii that can turn macadamia shells into energy.

The lawyers are hoping that a multimillion-dollar offer comes in before today’s bid deadline after months of looking for someone who might want the plant.

[more]

Read more

Why DOJ's 'Operation Choke Point' Is Necessary

04/04/14

The DOJ's initiative ensures that federal and state laws are not circumvented by predatory lenders Â... and gives federal authorities a chance to fix a very broken industry.

[more]