Bankruptcy Blogs

Fourth Circuit Preserves Absolute Priority Rule Despite Challenge Through BAPCPA

01/14/13

By: Andrew Serrao

St. John’s Law Student

American Bankruptcy Institute Law Review Staff

 

[more]

The Bank that Lent Money to an Architect Building Houses of Cards

01/14/13

Expertise alone is insufficient without experience, and its byproduct: a "gut" feeling that enables a lender to separate the good credit applicant from the bad, the legitimate from the "con".

[more]

The Daily Docket: Flowers to Kick Off Hostess Bread Bidding

01/14/13
Getty Images

Flowers Foods Inc.  is set to kick off bidding for most of Hostess Brands Inc.’s bread business, offering a total of up to $390 million for brands and other assets including Wonder Bread and Nature’

[more]

Fiscal Cliff- We Survived the Fall - Now What??

01/14/13
If there was a real "fiscal" Cliff, at least three-quarters (¾) of Congress would have been
[more]

Debt Ceiling Update; Chinese Investments Disappoint; Big Banks' Leverage Ratios Remain a Mystery

01/14/13

Receiving Wide Coverage ...

Debt Ceiling Update: A Journal article this morning looks at Treasury's options for paying the nation's bills should Congress refuse to raise the $16.4 trillion federal borrowing limit. These option include "selling assets such as gold or mortgage-backed securities ... cutting all spending by 40% ... delaying trillions of dollars of payments to employees, Social Security recipients, contractors and others" or paying the government's bills only as tax revenue become available. The...

[more]

Bankers Can't Sell Insurance, But They Can Sell Protection

01/14/13

History shows banks can't compete with agents selling consumers insurance. But credit protection products have been highly profitable for the banks, and can remain so - provided the products are reformed.

[more]