Bankruptcy Blogs

Receiving Wide Coverage ...

A Glut of (Sort of) JPM News: We say sort of because some of this, you may have heard already. For instance, more regulatory scrutiny is on the way, per JPMorgan Chase CEO Jamie Dimon, but, don't worry, the bank is working on it. "We have been asking our senior people to eliminate products and services that are not essential to serving our customers and are not core to our business," Dimon...

Many commentators have remarked that a “new normal” has evolved for Chapter 11 proceedings, wherein the major constituents negotiate the salient terms and exit strategy of the debtor’s restructuring prior to the filing of the bankruptcy petition, generally leading to shorter, less litigious cases. This dynamic, often evidenced by a plan support agreement, a proposed sale of assets under Section

The first thing President Obama should have done after Larry Summers’ withdrawal was nominate Janet Yellen to be Fed chairman. Appointing the first woman to lead the Fed should be a historic moment. Obama has turned it into a consolation prize.