Bankruptcy Blogs

Fincen Plan to Make Travelers Declare Prepaid Cards Is Unfair

11/14/12

Consumers who travel with debit or credit cards have no obligation to report their bank account balances or the size of their credit lines. Certainly those who rely on prepaid cards to access financial services should be entitled to the same rights.

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Engage a Diverse Work Force to Capture Emerging Markets

11/13/12

Companies that are proactive about intentionally harvesting as many diverse viewpoints as possible can inherently derive innovation out of inclusion.

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AMF’s Bankruptcy Spares Bowlers

11/13/12
Stan Honda/AFP/Getty Images

Dudes of the world, mix up some White Russians and relax. AMF says its bankruptcy filing won’t halt bowling at its lanes around the U.S.

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How to Lock the Revolving Door

11/13/12

Sheila Bair says we should prohibit examiners from quitting to work in the private sector, to keep them from gaining unjustly favorable regulatory treatment for the banks that later employ them. But the worse abuse runs the opposite way.

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When Bankruptcy Makes More Sense than Struggling to Pay Off Debt

11/13/12

I want to challenge the conventional wisdom that filing bankruptcy should be considered a last resort. Does that sound self serving coming from a bankruptcy lawyer? Maybe. But consider this table:

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It's Time to Reboot Housing Reform

11/13/12

President Obama's reelection has given his administration a "do-over" opportunity in housing.

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The Daily Docket: AMF Bowling Enters Bankruptcy

11/13/12

Bowling-center operator AMF Bowling Worldwide Inc. sought Chapter 11 bankruptcy protection Tuesday after reaching a deal with key creditors to restructure its debt. Read the Daily Bankruptcy Review article here.

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Interchange Preliminary Settlement

11/13/12

Preliminary approval was granted for the interchange litigation settlement (MDL 1720) last Friday. Approval was widely expected, but I would also expect an appeal.

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Who Needs a Bank Holding Company When You Can Be Owned by a Company That Does Meatpacking and Plastics?

11/13/12

Receiving Wide Coverage ...

Basel: Following U.S. regulators' delay in implementating Basel III, the Journal presents two different views on the international capital standards' applicability in this country. In the "Heard on the Street" column, David Reilly focuses on the Basel III requirement that capital calculations include unrealized gains or losses on securities. Community banks want to be exempt from this rule (along with the rest of Basel III), arguing that since they intend to hold...

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