Bankruptcy Blogs

The Broke and the Beautiful: Post-Bankruptcy Busey Edition

12/07/12

This week on The Broke and the Beautiful, Busey’s done battling bankruptcy but still owes the IRS, and Braxton open up to “20/20.” Also, Lenny “Nails” Dykstra gets more prison time.

[more]

The Hidden Value in Recovery and Resolution Planning

12/07/12

The "living will" process gives financial institutions the opportunity to, among other things, frame policy, improve operational efficiencies and educate the market, business units and regulators.

[more]

Congress Must Stop Using Fannie and Freddie as Piggy Banks

12/07/12

Fees charged on homebuyers are meant to cover risk and protect taxpayers from losses, not pay for unrelated government programs.

[more]

To Buy or Not to Buy Bonds? Depends on Who You Ask; An Out-of-the-Box Solution to the U.S. Debt Crisis

12/07/12

Receiving Wide Coverage ...

Bonds, Bonds, Bonds: The FT and the Journal printed articles this morning that indicate the bond market is booming. According to the FT, "in order to lure conservative investors away" from the much maligned money market fund industry, fund management groups are launching (and pushing) "ultra-short" bond funds that will invest in short-term government and corporate paper. This type of investment vehicle, launched by six fund managers over the last few months...

[more]

She’ll Shape The Bankruptcy Rules

12/06/12

Topeka bankruptcy lawyer Jill MichauxCongress writes bankruptcy laws.   We all know that.

[more]

Chapter 7 Bankruptcy In Nevada: What You Need To Know

12/06/12

Bankruptcy In Nevada Is Different Than The Rest Of The Country Many consumers who find themselves in debt and considering bankruptcy are surprised to learn that the bankruptcy laws vary considerably by state. There is a common misconception that all bankruptcy cases are the same and involve nothing more than “filling out some forms.” Nothing [...]

[more]

How to Manage Confidential Information in the Era of Big Data

12/06/12

Financial institutions should, among other things, implement an information governance program, perform periodic privacy audits and learn how data is managed in the cloud.

[more]

Hundreds Turn Out for Peregrine Auction

12/06/12
Bloomberg News
Mark Weitz, president of asset liquidation company Great American Group, explains the bidding rules prior to the start of the auction of the contents of the corporate office
[more]