Bankruptcy Blogs

Quality Engineered Installation, Inc. v. Higley S., Inc., 670 So.2d 929 (Fla. 1996) resolved a conflict among the Florida District Courts of Appeal and held that an award of prejudgment interest merges into and becomes part of a single total sum adjudged to be due and owing and as such the amount awarded for prejudgment interest, like all other components of the judgment, automatically bears interest as provided by section 55.03, Florida Statutes. The Florida Third District Court of Appeals, in Westport Recovery Corp. vs. Batista, 32 Fla.L.Weekly D2173 (Fla. 3rd.

Receiving Wide Coverage ... $11 Billion: That's how much JPMorgan Chase may have to pay to settle the feds' mortgage-backed securities probe, anonymice tell the papers. Attorney General Eric Holder rejected the bank's offer to pay $3 billion, according to some accounts. JPMorgan "is resisting any sweeping admission of guilt, which could jeopardize its defense against private litigation on similar issues," says the FT. Wall Street Journal, Financial Times, Washington Post …

There have been many news reports recently about the large amount of student loan debt burdening young people entering the workforce. Most people know that bankruptcy may not discharge student loan debt except in circumstances of “extreme hardship.” . I am often asked by clients or just blog readers for suggestions dealing with large amounts of student loan debt.

The late Ronald Coase’s work can help us understand why megabanks came into being – and why their days may be numbered.