Bankruptcy Blogs

How Do We Fix Our Housing Finance System? Part I: An Overview

12/17/12

The role of the federal government in housing is the first question that needs to be answered, putting aside political rhetoric and preconceived notions about the subject.

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The Meaning of Bankrupt

12/17/12

Every so often in the United States, I come across a discusion of the choice of the word "cramdown" (cram down, cram-down) to describe either stripping down liens or confirming a repayment plan without creditor consent. The basic thrust of these articles--the best of which is probably this treatment by William Safire--is that the word itself conveys a great deal about the cultural view of the legal action.

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Undocumented Debtors

12/17/12

Immigration issues continue to be a major political football, and the work of Jean Braucher, Bob Lawless, and Dov Cohen on race in bankruptcy garnered front-page NY Times attention this year. This makes the publication of Chrystin Ondersma's paper titled Undocumented Debtors particularly timely.

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Mobile Banking: A Bonanza (or Bust) for Banks?

12/17/12

In the past, bank investment aimed at gaining a proprietary edge through new methods of consumer payment has consistently been poorly rewarded. Expect another repeat.

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The Daily Docket: Edison Mission Enters Bankruptcy

12/17/12

Edison International's  Edison Mission Energy has filed for Chapter 11 bankruptcy protection after reaching a settlement with Edison International and certain of its senior unsecured noteholders. Read the article in Daily Bankruptcy Review.

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How to Leverage Social Media in 2013

12/17/12

Know where - and when - your bank's target audience goes online for information and social interaction. It's better to have just two social media channels that are well-supported than five left unattended.

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AIG to Have (Another) Share Sale; Fiscal Cliff Update; Draghi Named FT's Person of the Year

12/17/12

Receiving Wide Coverage ... AIG Is Having (Another) Share Sale: The newly private (or perhaps newly re-private) AIG is set to sell its shares in Asian life insurer AIA. Prices have yet to be set, but the sale is expected to net the company anywhere from $6.4 billion to $6.7 billion, depending on what paper you ask. AIG told Dealbook it will "sell the shares to institutional investors" and "use the proceeds from the deal for...

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Proper Notice of Bankruptcy Filing is Critical

12/17/12

 

Image courtesy of Pong / FreeDigitalPhotos.net

Image courtesy of Pong / FreeDigitalPhotos.net

 

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Article on Receiverships: "Avoiding A Nightmare" By Greg Hays

12/16/12

Greg Hays of Atlanta-based Hays Financial Consulting published an article in the Fall 2012 issue of Receivership News, a publication of the California Receivers Forum. The subject and scope of the article, entitled "Avoiding a Nightmare," is described in the introduction: 

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