Bankruptcy Blogs

The Daily Docket: AMR, US Airways Defend Merger

02/27/13
Associated Press

American Airlines and US Airways Group Inc.

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Secret Creditor Reports, Overdraft Fees and the New Unbanked: The Perfect Storm

02/27/13

Did you know you have another type of credit report, something just as powerful as a traditional credit report? Your “other” credit report is an account screening report used by financial institutions to assess risk in their account opening processes. While technically not a credit report, this report can have just as much impact as a credit report and can result in denial of access to bank accounts and much higher costs for your everyday banking services. The problem? Most of us don’t even know this other credit report exists.

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Fed Won't Be Ceasing the Easing Until the Job Data's Pleasing

02/27/13

Receiving Wide Coverage ...

Ease on Down the Road: Chairman Ben Bernanke defended the Fed's asset purchases and signaled they will continue until the job market firms up. He addressed concerns that by driving down interest rates for a long period of time, the Fed's easing encourages inappropriate risk-taking: While the central bank is cognizant of that danger, he said, low rates "also serve in some ways to reduce risk in the system, most importantly by...

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Expect Regulators to Demand More from Boards on AML Compliance

02/27/13

Directors can stay ahead of the curve by visiting the "factory floor," aligning compensation with compliance and requiring explanations when business management fails to self-identify issues.

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Lawmakers Grill Treasury on ResCap Executive Pay

02/27/13
Bloomberg News
Patricia Geoghegan

Republican lawmakers Tuesday grilled the Treasury Department official in charge of reining in excessive pay at bailed out companies who

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Con Law Lessons

02/27/13

Uniting my current teaching load with Dodd-Frank, over at Dealb%k.

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Going Up: Bankruptcy Dollar Amounts Will Increase On April 1, 2013

02/26/13

It hasn't gotten much publicity yet, but certain dollar amounts in the Bankruptcy Code will be increased for new cases filed on or after April 1, 2013. Follow this link for a chart listing all of the changes on this Federal Register page, which printed this month's official notice from the Judicial Conference of the United States.

Among the most meaningful increases for Chapter 11 and other business bankruptcy cases:

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