Bankruptcy Blogs

Banking 2014: Go Virtual or Go by the Wayside

12/11/13

Ten years from now, today's brick-and-mortar banks, and digital banking services, will look like quaint vestiges of a bygone era.

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Volcker Viewpoints; Madoff, Five Years On

12/11/13

Receiving Wide Coverage ... Wow, what a morning. Scan is still trying to decide whether today's confluence of events out of Washington and Wall Street is poetically just, ironic or just plain spooky. A flood of headlines centered on finalization of the Volcker Rule, a congressional budget deal and the fifth anniversary of Bernard Madoff's arrest. That's a big agenda, but, for brave readers and those who had to get their kids to school early, let'sÂ...

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Bankruptcy: Don’t Get Home-Towned

12/11/13

fed districtsThe US Constitution grants Congress the power to establish uniform laws on Bankruptcy. Our bankruptcy law is a Federal law administered by the US courts.

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2014 Boulder Summer Conference on Consumer Financial Decision Making

12/10/13

For anyone thinking, teaching, or writing in the area of consumer financial decision making, the Boulder Summer conference is top notch.

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Qimonda Decision Affirmed But Fourth Circuit Won't Say Whether Denying Section 365(n) Protections Manifestly Contrary to U.S. Public Policy

12/10/13

The Court of Appeals for the Fourth Circuit recently released its decision in the ongoing debate over whether the Qimonda AG bankruptcy estate gets to ruin the world's semiconductor industry. For those unfamiliar with the complex, but important, Qimonda decisions, I'll refer you to California bankruptcy attorney Robert L.

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Qimonda Decision Affirmed But Fourth Circuit Won't Say Whether Denying Section 365(n) Protections Manifestly Contrary to U.S. Public Policy

12/10/13

The Court of Appeals for the Fourth Circuit recently released its decision in the ongoing debate over whether the Qimonda AG bankruptcy estate gets to ruin the world's semiconductor industry. For those unfamiliar with the complex, but important, Qimonda decisions, I'll refer you to California bankruptcy attorney Robert L.

[more]

FDIC Resolution Policy Takes Next, Shaky Step

12/10/13

The five-member board voted unanimously to flesh out how the policy will work when a systemically important company fails. But this show of unity may be misleading and fleeting.

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Death Row Trustee Aims to Start Paying Creditors

12/10/13

Creditors of Death Row Records and Marion “Suge” Knight may soon see their first payment in nearly eight years, although one obstacle could come from none other than the rapper Dr. Dre.

Lawyers representing the rapper, whose given name is Andre Young, recently notified a bankruptcy judge that they’d file a $3 million claim on the rapper’s behalf in the bankruptcy cases of the record label and its founder, Mr. Knight. The claim seeks payment for records sold during the bankruptcy case, according to court papers.

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Death Row Trustee Aims to Start Paying Creditors

12/10/13

Creditors of Death Row Records and Marion “Suge” Knight may soon see their first payment in nearly eight years, although one obstacle could come from none other than the rapper Dr. Dre.

Lawyers representing the rapper, whose given name is Andre Young, recently notified a bankruptcy judge that they’d file a $3 million claim on the rapper’s behalf in the bankruptcy cases of the record label and its founder, Mr. Knight. The claim seeks payment for records sold during the bankruptcy case, according to court papers.

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When Worlds Collide, The Sequel: Fourth Circuit Rules On Section 365(n)'s IP Licensee Protections In Chapter 15 Cross-Border Bankruptcy

12/10/13

My how time flies in protracted bankruptcy litigation. More than four years ago, as I reported back at the time, the Bankruptcy Court in the Chapter 15 cross-border bankruptcy case of Qimonda AG issued its first decision on the application of Section 365(n) in that case. After an initial appeal, a four-day trial on remand, and another appeal, last week the U.S.

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