Bankruptcy Blogs

4 Things Banks Need to Know About FATCA in 2014

02/13/14

FATCA requirements affect a broad cross section of stakeholders and policies within financial institutions including, but not limited to, client onboarding, investment banking, documentation, treasury and collateral management.

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PwC Faces Malpractice Trial in SemGroup Case

02/13/14

: Erik Schelzig/Associated Press

A judge may have recently let PricewaterhouseCoopers off the hook in a class-action

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PwC Faces Malpractice Trial in SemGroup Case

02/13/14

: Erik Schelzig/Associated Press

A judge may have recently let PricewaterhouseCoopers off the hook in a class-action

[more]

Read more

Florida Bankruptcy Filing, Maryland Exemptions, Real Property Exempt under Florida Tenants by Entireties Law

02/13/14

The January 30, 2007 case of In re Schwarz, __ B.R. ___, 2007 WL247649 (Bkrtcy.S.D. Fla.)(Olson, J.) held certain real property as exempt from administration in the estate under 11 522 (b)(3)(B) which allows for the exemption of any interest in property which the debtor held as tenants by the entireties to the extent that it is exempt from process under applicable nonbankruptcy law.

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The Daily Docket: Overseas Shipholding Reaches Deal on Exit Plan

02/13/14

Overseas Shipholding Group Wednesday reached an agreement with holders of 60% of its $1.5 billion top-ranking loan on a Chapter 11 plan that will bring the oil tanker operation out of bankruptcy. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Overseas Shipholding Reaches Deal on Exit Plan

02/13/14

Overseas Shipholding Group Wednesday reached an agreement with holders of 60% of its $1.5 billion top-ranking loan on a Chapter 11 plan that will bring the oil tanker operation out of bankruptcy. Read the Daily Bankruptcy Review article here.

[more]

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Morning Scan: First Volcker Reports Due in July. Scratch That, August. No, It's July, but with April Data

02/13/14

Receiving Wide Coverage ...

Fed Watch: The media honeymoon is definitely over for new Federal Reserve chief Janet Yellen. The Journal reports a potential conflict of interest created by her husband George Akerlof serving on the advisory board of an academic center funded by the Swiss bank UBS, which will soon come under closer Fed supervision. Meanwhile, the Post's Wonkblog says to watch Yellen's counterpart across the pond, Bank of England Governor Mark Carney, for clues...

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