Bankruptcy Blogs

Today's Bankruptcy Statistics Challenge

01/04/13

A friend wrote me and pointed out that Chief Justice Roberts's annual report noted that bankruptcy filings had declined in "89 of the 90 bankruptcy courts." He wondered which court was the exception, and for that sort of information, he wrote me.

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Calculating the Cost of Profit

01/04/13

It's a truism among financial institutions that not all revenue is created equal: some revenue costs a lot more to produce. Yet among many organizations, the exact costs related to specific revenue remain a mystery.

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An Empirical Overview of Modern Sovereign Debt Litigation

01/04/13

In December, I attended a terrific conference examining historical parallels to the European debt crisis. I was there to talk about the early-20th century antecedents of modern collective action clauses, the magic contractual potion - or is it snake oil?

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Delta, Creditors to Back Pinnacle Plan

01/04/13

Pinnacle Airlines Inc. has struck several crucial deals to enable its eventual exit from Chapter 11 protection, including securing new financing from sole customer Delta Air Lines Inc. and overhauling its fleet of regional jets. Read the Daily Bankruptcy Review article here.

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Cracks in QE3; Swap Regs Deferred; Lovable Checking Fees

01/04/13

Receiving Wide Coverage ... Unease With Easing: How low can interest rates go? Maybe no lower than where they are now. That's one plausible take-away from news that members of the Federal Open Market Committee are split over whether to continue through year's end the Federal Reserve's third round of quantitative easing, known as QE3. ...

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The FHA and the Rectification of Names

01/04/13

The FHA should calculate and publish its properly-called capital under standard GAAP accounting. Taxpayers could thereby be much better informed about what it is charging up on their credit card.

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FHA Confuses Taxpayers With Capital Claims

01/04/13

What the FHA calls its "capital" actually includes claims about what it might earn in the future. Bankers would get laughed at for trying the same ploy.

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Happy New Year: Shall We Make Some Resolutions?

01/03/13

Welcome to 2013 Credit Slips Readers! It’s time to think about our debtor/creditor future, what to keep and what to leave behind. Sometimes I ask my fellow bloggers if they made any financially-related resolutions but usually everyone say no, so this year, we’ll just make a nice list of resolutions through your comments!   My List:

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Who Wants to Sell a Perky Cup of Tully’s Coffee?

01/03/13
Associated Press
Patrick Dempsey

Forget Patrick Dempsey.

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Paulson Resort Inks New Deal for PGA West

01/03/13
Associated Press
Mark Wilson plays during the third round of the Humana Challenge golf tournament at La Quinta Country Club in La Quinta, Calif., on Jan.
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