Bankruptcy Blogs

Immigration Audits Hurt Hispanic-Oriented Grocery Chains

07/26/13
Associated Press
Victor Cristobal speaks at a news conference to protest Mi Pueblo Food Center’s use of the federal E-Verify program on Sept. 6, 2012, San Jose, Calif.
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The Broke and the Beautiful: Versace Edition

07/26/13

This week on The Broke and the Beautiful, we’ve got more on the upcoming auction of Casa Casuarina, as well as some informational tidbits about the former Versace mansion. Also, former Atomic Kitten singer Kerry Katona was tapped to play Marilyn Monroe in an upcoming musical about the actress’s life.

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More Bank Execs Should Be on Twitter

07/26/13

The use of social media channels promotes transparency, enhances customer service and helps establish a senior bank executive as the most accurate and trusted source of company information.

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Join Us for a Tweet Chat on the Future Model of Banking

07/26/13

Join Bankthink and series contributors in discussing the types of products and services tomorrow’s banks might offer.

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The 'Silly, Romantic' Side of Fabulous Fab

07/26/13

Receiving Wide Coverage ... Democrats Rally for Yellen: Roughly a third of Senate Democrats reportedly have signed a letter urging President Obama to appoint Federal Reserve Vice Chairman Janet Yellen as successor to Fed chairman Ben Bernanke. The Journal and the FT were not able to say exactly who or how many senators have signed the letter, which is being circulated by Sen. Sherrod Brown of Ohio. Sens. Dianne Feinstein and Tom Harkin say they've signed.…

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The Daily Docket: MF Global Strikes Deal With J.P. Morgan Over Claims

07/26/13

MF Global Holdings Ltd. has struck a deal with J.P. Morgan Chase & Co. that calls for the bank to pay MF Global a portion of what the bank recovers in the case, a settlement that MF Global’s administrator says avoids “years of costly and complex litigation.” Read the Daily Bankruptcy Review article here.

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Unsecured and Undersecured Creditors Not Entitled to Post-Petition Attorneys' Fees and Costs

07/25/13

On July 6, 2007, the court in In re Electric Machinery Enterprises, Inc., ___ B.R. ___, 2007 WL 3031445 (Bkrtcy.M.D.Fla.)(Williamson, J.) issued its decision holding that unsecured creditors are not entitled to collect post-petition attorneys' fees, costs, and other similar charges even if there is an underlying contractual right to them.

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Q&A: Foreign Companies Seek Protection of U.S. Chapter 11

07/25/13

Troubled companies from as far away as Taiwan are eschewing their home courts in favor of a U.S. Chapter 11 bankruptcy case.

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Madoff Office Furniture, Art to be Sold at Auction

07/25/13
Brendan Hoffman/Reuters
Bernard Madoff in 2009

The art, furniture and décor that once populated Bernard Madoff’s New York office—described by one visitor a

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Time to Dust Off the Old 'Good Bank-Bad Bank' Plan

07/25/13

Governments need to consider the advantages of a good bank-bad bank restructuring while loan assets currently have determinable and probably higher values than earlier in the crisis.

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