Bankruptcy Blogs

Citi Fined $30 Million for Early Apple Info Release; CFTC Chair to Step Down

10/04/13

Receiving Wide Coverage ...

Citi Fined: Citigroup has agreed to pay a Massachusetts regulator $30 million for allowing an analyst to share unpublished research about Apple with a handful of hedge funds, including SAC Capital. The Journal calls the case "a vivid example of a problem many critics say isn't going away: sloppy controls over the market-sensitive information flowing between analysts and investors." Dealbook suggests the incident says something about SAC Capital, which was indicted on...

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The Daily Docket: Citi Fights Lehman Payout

10/04/13
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Citigroup Inc.

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Eleventh Circuit Upholds Entireties Exemption of Income Tax Refund

10/04/13

Bankruptcy courts are split on the issue of whether a tax refund payable to a husband and wife filing a joint return is exempt tenants by entireties property in a Chapter 7 bankruptcy.

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The Chapter 13 Plan to Save Your South Florida: Avoid the Second Mortgage and Modify the First Mortgage

10/03/13

Miami Personal Bankruptcy Lawyer Jordan E. Bublick has over 25 years of experience in filing chapter 13 and chapter 7 bankruptcy cases. His office is centrally located in Miami at 1221 Brickell Avenue, 9th Fl., Miami and may be reached at (305) 891-4055.  www.bublicklaw.com

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Calling Your Bankruptcy Lawyer

10/03/13

bankruptcy questionsThe first step to getting bankruptcy advice is usually calling a bankruptcy lawyer. Most lawyers direct their staff to obtain basic information about the prospective client’s financial situation.  Things like:

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Regulators Should Refrain from Over-Regulating Overdraft Services

10/03/13

We should instead preserve the right of consumers to choose the products and features that best provide for their family’s daily financial needs, not force them into limited and costly alternatives.

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NY State No-Surcharge Law Unconstitutional

10/03/13

Judge Rakoff issued an opinion today holding that the New York state credit card no-surcharge law violates the First Amendment of the US Constitution because a "surcharge" and a "discount" are two ways of expressing the same thing, and the state of NY cannot direct merchants which of those two ways of expression to use.

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The Daily Docket: Furniture Brands Board Pits KPS as Lead Bidder

10/03/13

Furniture Brands International Inc.’s board of directors has switched course, replacing Oaktree Capital Management with New York’s KPS Capital Partners LP as the lead bidder at an upcoming bankruptcy auction. Read the Daily Bankruptcy Review article here.

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