Bankruptcy Blogs

Credit Report Errors Cause Consumers Higher Interest Rates

03/01/13

 Federal Trade Commission

After filing bankruptcy people are often interested in trying to rebuild their credit, and a Chapter 7 or Chapter 13 bankruptcy can be a good first step to repairing your credit.

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Sovereign Bankruptcy, Day One: Market Rallies

03/01/13

Mark makes an immensely important point in his post on the latest in NML v. Argentina; it merits emphasis and perhaps an extension. The fact that a U.S.

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Thank You Mark Weidemaier

03/01/13

Professor Mark Weidemaier of the University of North Carolina has been guest blogging with us since early November. Today's post on the Second Circuit's pari passu hearing in the NML litigation marked an end to his time with us.

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Chicago Hockey Brawl Spills Into Bankruptcy Court

03/01/13

The Leafs Ice Centre hockey rink in a Chicago suburb has filed for bankruptcy, shaking its gloves off to take a swipe at the rink manager that it recently fired.

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Summer Assignment: Bring Back the Twinkie

03/01/13
Reuters
The last remaining boxes of Twinkies on display at a Jewel-Osco grocery store in Chicago on Dec.
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Inadvertent Humor in Today's Bankruptcy Headlines

03/01/13

One major benefit of being a member of the American Bankruptcy Institute is a nice rundown of daily bankruptcy-related headlines delivered by email daily. Today's list included a combination of headlines that made me smile ...

"Girls Gone Wild Files for Bankruptcy" was an interesting enough headline, but immediately following it was this: "Grupo Bimbo Wins Hostess Beefsteak Auction." Nice.

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The Broke and the Beautiful: Girls Gone Wild Edition

03/01/13

This week on The Broke and the Beautiful, Girls Gone Wild goes a little crazy in bankruptcy, and Rhythm & Hues gets a shout-out at the Oscars. Also, Curt Schilling’s famed bloody sock has sold for more than $92,000.

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Raise Capital Levels, But Ditch Basel III

03/01/13

Federal agencies have the authority and ability to raise minimum capital in a direct and meaningful way, outside of the Basel III process.

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Pari passu realpolitik (big news, and a goodbye)

03/01/13

The pari passu hearing is over and done and, as Anna Gelpern described, what a hearing it was. Perhaps most interesting was the panel's apparent openness to an alternative payment formula that wouldn't require Argentina to pay the full accelerated debt immediately. But it looked unlikely that such a compromise could be reached.

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