This week on The Broke and the beautiful, a couple of celebrity bankruptcy cases are coming to light. Sitcom star Drake Bell has been in bankruptcy since last May, and former “Baywatch” star Donna D’Errico took her own turn in Chapter 7. Also, Betsey Johnson puts her own spin on New York Fashion Week.
This week on The Broke and the beautiful, a couple of celebrity bankruptcy cases are coming to light. Sitcom star Drake Bell has been in bankruptcy since last May, and former “Baywatch” star Donna D’Errico took her own turn in Chapter 7. Also, Betsey Johnson puts her own spin on New York Fashion Week.
Bankruptcy Judge K. Rodney May from the Middle District of Florida held that the equity passively resulting from market appreciation is not to be counted towards the $125,000.00 cap placed by 11 USC 522 (p) on a homestead exemption for property "acquired" during the 1,215 prepetition period.
In most states, the good-faith lending decisions made by bank officers and directors are protected from liability, even if the loans sour and the bank fails. But bankers and directors beware: you can still be sued for simple negligence.
The team unwinding Lehman Brothers Holdings Inc. has reached a $767 million settlement with Freddie Mac, which will result in Lehman Brothers releasing hundreds of millions of dollars more to customers. Read the Daily Bankruptcy Review article via MoneyBeat.
The team unwinding Lehman Brothers Holdings Inc. has reached a $767 million settlement with Freddie Mac, which will result in Lehman Brothers releasing hundreds of millions of dollars more to customers. Read the Daily Bankruptcy Review article via MoneyBeat.
Receiving Wide Coverage ... Chilly Economy: The major papers celebrated Valentine's Day by focusing on love, the union of Comcast and Time Warner and Mother Nature's frosty gifts for all of us east of Pasadena. That said, after taking it all in, Scan is fretful about the economic picture. It would be nice to say cabin fever has put Scan and consumers in a funk, but retail sales fell more than expected in January after aÂ...
There are plenty of reasons why small banks may be reluctant to amp up their social media presence. But this week's bad weather illustrates how these platforms can provide a real value-add.
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.
