Bankruptcy Blogs

FHFA Should Test Mortgage Reforms Before Congress Commits to One

06/03/13

Reforming the housing finance system cannot and should not be rushed, especially since we lack basic information on the likely impact of the various proposed alternatives.

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Bankruptcy Bidder Protections Climbed in 2012

06/03/13

Bidder protections—a common feature in Chapter 11 bankruptcy auctions—hit their highest level in recent years, new data show.

Morgan Joseph TriArtisan LLC, an investment bank that focuses on the middle market, recently reported that the average amount of bidder protections a company offered its lead bidder last year was 4.4% of the purchase price, while average bidder protections between 2008 and 2011 hovered between 3.5% and 3.7%. (They were a low 2.6% in 2007, before the economic downturn hit.)

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Filing Bankruptcy? How Much Does Your Ex-Wife Hate You?

06/03/13

man asking holding question markIf you’re filing bankruptcy–any kind of bankruptcy–you need to know just how much your ex-wife (or ex-husband!) hates you.

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SBA's Karen Mills Is No Friend to Small Business

06/03/13

American Banker Magazine's recent article on the Small Business Administration's Karen Mills was quite a love-fest. Here's the other side of the story that would be good for the public to hear.

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It's Time to Kill CAMELS

06/03/13

The United States needs a new, 21st century model for identifying, monitoring and reporting risk at banks. The model must be forward-looking, not backward-looking as the CAMELS ratings are.

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The Daily Docket: Lehman Selling More Claims Against Brokerage

06/03/13
European Pressphoto Agency

Lehman Brothers Holdings Inc. is selling more of the claims against its defunct brokerage, as part of a continuing strategy to quickly recover money that will go to its creditors.

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B of A, AIG Set to Square off Over Subprime Mortgage Settlement; UBS Target of French Tax Probe

06/03/13

Receiving Wide Coverage ...

AIG vs. B of A: The battle over Countrywide's bad mortgage-backed securities continues as the New York State Supreme Court is set to hear arguments on Monday over whether the $8.5 billion settlement Bank of America reached with investors over the soured investments should be approved. Insurer AIG is leading opposition to the settlement, believing its sum should be much higher. The Journal calls the hearing "part of a broader battle ...

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