Bankruptcy Blogs

That's Rich: Fannie, Freddie Finance Luxury Rentals

09/10/13

Fannie Mae and Freddie Mac should be increasing the availability of loans to the most underserved segment of the market: the small rental properties across the country that are naturally affordable.

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Unconfirmed Arbitration Award is "Debt Due" Subject to Garnishment

09/10/13

The Florida Third District Court of Appeals issued its decision in Capital Factors, Inc. v. Alba Rent-a-Car, Inc., et al., 32 Fla.L.Weekly D21070 (Fla. 3rd. DCA 2007) and held that an unconfirmed arbitration award qualifies as a "debt due" by the garnishee subject to garnishment under Section, 77.01, Florida Statutes. The Court held that an arbitration award does not require judicial confirmation to be collectible by garnishment.

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Regulatory Capital: Road Test as Economic Capital: Actual Driving

09/10/13

Incorporating both regulatory capital and economic capital into a unified decision measure allows organizations to better optimize risk/return profiles, facilitate strategic planning and limit setting and define risk appetite.

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Debit Interchange: A Service Worth Paying For

09/10/13

Electronic payment companies design, build and operate costly networks that provide secure payment transactions to merchants. Such providers incur significant costs for the services they provide and deserve to charge a market-based rate to their customers.

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Even the NYC Elections Have a JPMorgan Chase Angle; Have You Heard How 'Strong' Its New Board Members Are?

09/10/13

Receiving Wide Coverage ... Happy Primary Day, New Yorkers! Did you vote yet? Besides eliminating some of the approximately 43 people running for mayor, you also have a chance to weigh in on the Sheriff of Wall Street's attempted return to elected office. Eliot Spitzer is vying with (and currently behind in the polls) Scott Stringer for the job of New York City comptroller, a role that entails running the city's pension funds and potentially making…

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The Daily Docket: Furniture Brands Enters Bankruptcy

09/10/13

Furniture Brands International Inc., one of the largest furniture manufacturers in the U.S., filed for bankruptcy Monday with a deal to sell its assets to investment firm Oaktree Capital Management for $166 million. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Getting Rid Of Tax Liens After Bankruptcy

09/10/13

dirty sockThe tax may be discharged but the  tax liens  live on after bankruptcy.

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Big Banks Have a Get-Out-of-Jail-Free Card

09/09/13

The idea of bringing criminal charges against one of the nation’s larger banks has become untenable. The potential cost in jobs, probable shareholder losses and market turmoil would be horrific.

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