Bankruptcy Blogs

A federal bankruptcy judge Tuesday ruled that repurchase agreements don’t qualify for “customer status” in a failed brokerage business, a blow to a group of banks that had sought equal footing with customers in the liquidation of Lehman Brothers Holdings Inc.’s broker-dealer. Read the Daily Bankruptcy Review article here.

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Senate Housing Finance Reform Plan Drops: The newly unveiled Corker-Warner plan enjoyed strong support Tuesday from various quarters — senators of both parties, the White House and mortgage industry reps all sounded positive notes — but the papers remind their readers that the overhaul is still likely going nowhere. Right now House Financial Services Committee Chairman Jeb Hensarling, R-Texas, is the most obvious obstacle. But as American Banker's Victoria Finkle notes, the...

Social Security benefits are well protected in bankruptcy.  And that often means they’re protected even from Social Security.

Filling this increasingly prevalent and critical position presents the perfect opportunity for a bank to bring a female executive into its C-suite.

Funk music legend Sly Stone is asking a bankruptcy judge to dismiss the Chapter 11 cases invol