Bankruptcy Blogs

Stockton, Calif., residents who are trying to prevent their animal shelter from prematurely euthanizing abandoned cats and dogs have made it past a key legal hurdle: the city’s bankruptcy case.

Leslie D. Corwin is joining law firm Blank Rome LLP on Feb. 1 as a partner with the corporate litigation group. Mr. Corwin, who will be based in New York, most recently was a shareholder at Greenberg Traurig LLP. He has represented clients in bankruptcies, liquidations, dissolutions and mergers and acquisitions.

Big banks have discovered that mobile banking is their best bet for combating deep consumer distrust and rampant turnover. Small banks can overcome their lock on mobile by playing up the strengths of their existing business model.

The city of Detroit presented creditors with a debt-cutting plan, The Wall Street Journal reports.

Receiving Wide Coverage ...

Get a Life: Citigroup is encouraging junior investment bankers to take weekends off and mandating they take vacation time, joining other Wall Street firms that are trying to avoid burning out their young'uns. Wall Street Journal, New York Times, Dealbreaker

SOTU, Day Two: Obama's brief mention of housing finance reform in Tuesday's State of the Union address "provided a glimmer of hope for those looking for action" on the Hill, the Times reports....