Bankruptcy Blogs

Same-Sex Marriage and Bankruptcy

05/08/13

With the Supreme Court’s hearing two major cases addressing same-sex marriage this term, Hollingsworth v. Perry and United States v. Windsor, we have been getting questions about how same-sex marriages are dealt with in bankruptcy. The answer is, “it depends.”

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Jon Stewart's Residential Evil

05/08/13

Any time The Daily Show has a piece that mentions both MERS and the OCC, it gets a link on Credit Slips. There is even a short clip featuring former Credit Slips blogger and current U.S. Senator (in that order) Elizabeth Warren. 

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America's Renters Need a Government Guarantee

05/08/13

New reports from Fannie Mae and Freddie Mac show the value of a government guarantee on multifamily mortgages.

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Debate Over Dimon's Dual Role Intensifies; Judge Paves Way for AIG Suit Against B of A

05/08/13

Receiving Wide Coverage ... More Doubts Around Dimon's Dual Role: Another day, another round of worrisome headlines for JPMorgan Chase's Jamie Dimon. Major proxy firm Glass, Lewis and Co. has come out in favor of a shareholder's proposal that would split Dimon's dual role as CEO and chairman. Scan readers will recall that yesterday, the Journal reported three of JPM's largest shareholders — BlackRock, Vanguard Group and Fidelity Investments — "remain undecided" as to how they…

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The Daily Docket: Lenders Win ATP Auction

05/08/13

Secured lenders led by Credit Suisse AG have been declared winners of an auction for the oil and gas drilling assets of ATP Oil & Gas Corp. with an offer of $690.8 million, court papers say.

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Leverage Ratios: An Overly Simplistic Capital Measure

05/08/13

An analysis of FDIC data shows the leverage ratio did little to distinguish banks that have failed since 2008 from those that remained healthy.

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Extra, Extra: Read All About The Daily Voice’s Bankruptcy

05/08/13

The Daily Voice’s websites cover such “hyper-local” news as a hospital anniversary and “bike/walk to school day” in communities throughout New York’s Westchester County and Connecticut’s Fairfield County. But it’ll make headlines itself with its bankruptcy filing.

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Trustee’s Rights to Fees Paid to Debtor As Personal Representative of Probate Estate

05/08/13

I received a call from an estate and probate attorney about one of his probate clients who filed Chapter 7 bankruptcy in Florida. The bankruptcy debtor had been appointed as personal representative of an estate before he had filed bankruptcy. Estate administration is ongoing.

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Restructuring Lawyers Leave Cadwalader for O’Melveny

05/07/13

Veteran restructuring lawyers John Rapisardi and George Davis are heading to O’Melveny & Myers LLP after six years with Cadwalader, Wickersham & Taft.

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