Bankruptcy Blogs

Morning Scan: Let's All Talk About High-Speed Trading

04/01/14

Receiving Wide Coverage ...

Yellen Speech: Janet Yellen gave her first public speech as Federal Reserve chair Monday. General consensus among news outlets is that her speech Â-- which included stories about individuals struggling in the job market Â-- was, at least in part, aimed at getting investors to calm down about interest rates coming down sooner than expected. (Scan readers will recall the market took a tumble a few weeks ago after Yellen seemingly laid...

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Business Depreciation of Homestead Jeopardizes Bankruptcy Exemption

04/01/14

There has been significant bankruptcy litigation over whether or not a debtor loses his Florida  homestead exemption if he uses his home to conduct business. Courts are divided; the law differs depending upon the district where the debtor files bankruptcy.

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Business Depreciation of Homestead Jeopardizes Bankruptcy Exemption

04/01/14

There has been significant bankruptcy litigation over whether or not a debtor loses his Florida  homestead exemption if he uses his home to conduct business. Courts are divided; the law differs depending upon the district where the debtor files bankruptcy.

[more]

Supreme Court denies certiorari in Sinkfield (chapter 7 lien strip-off case)

04/01/14

The U.S. Supreme Court has denied a petition for writ of certiorari in Bank of America v. Sinkfield, an 11th Circuit case raising the issue whether a junior lien wholly unsupported by collateral value can be stripped off in chapter 7. 

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Perkins Coie Latest Target of Howrey Trustee

03/31/14

Howrey LLP’s bankruptcy trustee has turned his attention to yet another law firm that hired Howrey partners around the time of the firm’s 2011 dissolution in an attempt to strum up money for creditors.

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Perkins Coie Latest Target of Howrey Trustee

03/31/14

Howrey LLP’s bankruptcy trustee has turned his attention to yet another law firm that hired Howrey partners around the time of the firm’s 2011 dissolution in an attempt to strum up money for creditors.

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Regulation Is Relationship Banking's Biggest Disruptor

03/31/14

Small banks' increased compliance costs could lead to fewer relationship managers, streamlined service models and increased costs of credit. As such, many small business and middle-market customers may simply choose to take their business elsewhere.

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Regulators Must Better Engage Community Banks in Major Rulemakings

03/31/14

To make the process fairer to small banks, regulators should issue community bank summaries during the proposal stage, not when it releases final rules. They also should do more outreach to small banks and extend comment periods on major rules.

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