Bankruptcy Blogs

Judge Rules In Favor Of Stockton And Accepts Chapter 9 Petition

04/09/13

Round one of the fight between the City of Stockton, California and its creditors is finally over. On April 1, 2013, Bankruptcy Judge Christopher M. Klein held that Stockton satisfied the eligibility requirements for a Chapter 9 debtor.

Back on June 28, 2012, Stockton filed a petition seeking to adjust its debts under Chapter 9 of the United States Bankruptcy Code.

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New Study on Consumer Protection and Financial Distress

04/09/13

The European Commission's Financial Se

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Wait on TBTF Reform? That's Tempting Fate

04/09/13

An honest debate over our "too big to fail" problem and a sound policy response are incompatible with a wait-and-see approach to the laws already on the books.

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The Daily Docket: Lehman Disputes Brokerage Deal With German Unit

04/09/13

: Agence France-Presse/Getty Images

Lehman Brothers Holdings Inc.

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Now It Gets Interesting - Stockton, CA Found Eligible to Remain in Chapter 9

04/09/13

Nearly nine months after it filed for protection under Chapter 9 of the Bankruptcy Code, a federal bankruptcy judge last week determined that the city of Stockton, California has satisfied the requirements of Section 109(c) of the Bankruptcy Code and may proceed with its

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Mary Jo White's To-Do List; Jack Lew Goes to Europe; KPMG Fires Senior Partner for 'Rogue Actions'

04/09/13

Receiving Wide Coverage ...

Confirmed: As expected, the Senate confirmed former federal prosecutor turned corporate defender Mary Jo White as chairman of the Securities and Exchange Commission on Monday. She's set to start at the SEC any day now, but already has her hands full. On the SEC's (and as such White's) to-do list, per Dealbook: "complete new rules for Wall Street," "take aim at financial fraud," "confront the growing world of high-frequency trading … and...

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