Bankruptcy Blogs

Mornng Scan: Japan Mulls Bitcoin Regulation; Beware Emerging Markets

03/05/14

Receiving Wide Coverage ... Closer to Bitcoin Regulation: Japan is close to regulating cryptocurrency Bitcoin, following the collapse of Tokyo-based exchange Mt. Gox. Draft regulation, which includes a tax on Bitcoin transactions and prohibits banks and securities firms from handling the cryptocurrency, appears to treat Bitcoin more like a commodity than an actual currency, but a lawmaker, who opposes the plan, has asked for clarification. One look at this Journal quote from an anonymouse and youÂ...

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New Law on Exemption Surcharging

03/05/14

Get it?

Anyway, Law v. Siegel is now out, with a 9-0 opinion that shouldn't surprise anyone.  It finally gave Justice Scalia a chance to write a strongly textualist bankruptcy opinion for the Court, getting him out of the gulag of concurrences and dissents.  It helped, of course, that he cited myriad other ways to punish debtors than surcharing exemptions.  He wouldn't want to be accused of going soft.

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Some reflections on the "big club behind the door"

03/04/14

Autonomous administrative agencies are anathema to certain sorts of lawmakers, e.g., those who think that we are always better off with less regulation.  Recent legislation – H.R.

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Court Order to Help Freedom Grand Jury Probe

03/04/14
Workers inspect an area outside a retaining wall around storage tanks where a chemical leaked into the Elk River at Freedom Industries storage facility in Charleston, W.Va.
Steve Helber/Associa
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Court Order to Help Freedom Grand Jury Probe

03/04/14
Workers inspect an area outside a retaining wall around storage tanks where a chemical leaked into the Elk River at Freedom Industries storage facility in Charleston, W.Va.
Steve Helber/Associa
[more]

Bankruptcy Often the Least Desireable Option to Eliminate Student Loan Debt

03/04/14

elimination of debtI recently received this email from a prospective client (“Jane”) seeking to have her student loans discharged in bankruptcy

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Bankruptcy Often the Least Desireable Option to Eliminate Student Loan Debt

03/04/14

elimination of debtI recently received this email from a prospective client (“Jane”) seeking to have her student loans discharged in bankruptcy

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Policymakers Have Priorities Crossed on Private Capital for Housing

03/04/14

Policymakers should focus less on the government's retreat from the mortgage market and more on creating the kind of investment environment needed to attract significant private capital.

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Brooklyn Goes Global

03/04/14

Just a quickie: I'm attending a conference at Brooklyn Law School this Friday on Choice of Law in Cross Border Bankruptcy Cases, organized by my long-time co-author, and friend of the blog, Ted Janger.

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In a Self-Service World, Human Interaction Is a Differentiator

03/04/14

No technology yet is as effective at initiating and/or strengthening real relationships as smiles, personal conversations and consultations are.

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