Bankruptcy Blogs

The Daily Docket: San Bernardino Wins Chapter 9 Eligibility

08/29/13

The city of San Bernardino, Calif., won approval to restructure in Chapter 9 bankruptcy protection, The Wall Street Journal reports.

A bankruptcy judge Wednesday confirmed K-V Pharmaceutical Co.’s Chapter 11 restructuring plan, which is based on a $275 million investment deal with a group of its junior bondholders. Read the Daily Bankruptcy Review article here.

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Forget about Bankruptcy

08/29/13

Robicsek Amelia 2013

Don’t think about filing for bankruptcy.  At least not today.

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Jonathan Lipson on “Relational Reorganization”

08/28/13

Prof. Jonathan Lipson of Temple University School of Law has an interesting post today on the idea of “Relational Reorganization.”   Find it over at the ContractsProf blog.

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Back Down, Bankers - Credit Union Tax Exemption Has Merit

08/28/13

The federal income tax exemption benefits credit union members and bank customers as credit unions provide a check on banks through their competitive rates and fees.

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Detroit Retirees Tap Dentons

08/28/13
Rebecca Cook/Reuters
A group of AFSCME union city of Detroit worker retirees protest against any cuts in their pensions outside the city county building in downtown Detroit in
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Wells' Stumpf: Community Banks Are Vital to Our Way of Life

08/28/13

The strength of America’s financial system is a result of the diversity of its players, but that diversity won’t survive if our nation continues down the path of one-size-fits-all regulatory reform.

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"I'll Sit This One Out" - Fifth Circuit Permits Secured Creditor to Disregard Chapter 11 Case

08/28/13

A few weeks ago in In re S. White Transportation, the U.S. Court of Appeals for the Fifth Circuit permitted a secured creditor that had indisputably received notice of the debtor’s chapter 11 case, but took no steps to protect its interests until after the confirmation of the debtor’s plan, to continue to assert a lien against the debtor’s property post-confirmation. 

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“I’ll Sit This One Out” – Fifth Circuit Permits Secured Creditor to Disregard Chapter 11 Case

08/28/13

A few weeks ago in In re S. White Transportation, the U.S. Court of Appeals for the Fifth Circuit permitted a secured creditor that had indisputably received notice of the debtor’s chapter 11 case, but took no steps to protect its interests until after the confirmation of the debtor’s plan, to continue to assert a lien against the debtor’s property post-confirmation. 

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A Better Way to Address Disparate Impact

08/28/13

We need to secure a balance between literal enforcement of statistical conclusions and the actual intention of the bank and the real needs of underserved minority communities.

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