Bankruptcy Blogs

For Dodgers, Thriftiness Isn’t the Post-Bankruptcy Strategy

08/27/12
Getty Images
Adrian Gonzalez loosens up on deck in the game against the Miami Marlins on Aug.
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How to Afford Bankruptcy, Followup

08/27/12

The Fifth Circuit, covering Texas, Louisiana, and Mississippi, has joined the First Circuit in ruling that there is no per se prohibition against fee-only Chapter 13 filings.

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Shrinking Banks Will Drag Down the Economy

08/27/12

The regulatory risk from Basel III, Dodd-Frank and other pressures will keep banks from growing, and the economy can't grow, if banks don't.

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Bankers, Offer Consumers Your Best Deal - No Matter What

08/27/12

Offer each retail customer the best terms for which he qualifies - and not just for mortgages. Don't count on a second chance to bargain or risk the legal and reputational consequences of offering less than your best.

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Chapter 7 Bankruptcy Trustee Files Second Lawsuit Related To Raving Brands Principals And Affiliates

08/27/12

A second lawsuit has been filed in the Chapter 7 cases related to Raving Brands and its owners, officers and affiliated companies.  The first adversary proceeding was filed last week in the Chapter 7 case In re Raving Brands, Inc., Ch. 7 Case No. 09-68410.

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UniCredit Faces U.S. Probe, Romney May (or May Not) Have Issue with the Size of Big Banks

08/27/12

Receiving Wide Coverage ...

Et tu, UniCredit?: You can add UniCredit to the growing list of banks under scrutiny for possible sanctions violations. The Journal reports the Italian bank is being investigated by the New York County District Attorney's Office, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) and the U.S. Department of Justice concerning dealings its German unit HypoVereinsbank had with heavily sanctioned Iran. Few details regarding the probe have yet to become...

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How Community Banks Can Survive in a Consolidated Market

08/27/12

Community banks should exploit their advantages based on convenience, personal service, local decision making and a relationship model reliant on deep customer knowledge.

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Judgment Liens: No Longer Avoidable in Southern Illinois Bankruptcy Court?

08/26/12

An old adage says that liens “pass through bankruptcy” unaffected.  As old adages go, it’s right as much as it’s wrong.  Particularly when referring to judgment liens against someones home which are normally subject to “avoidance.”  But a July, 2012 court decision puts that in doubt for Southern Illinois residents.

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Why No Prosecutions

08/26/12

The NYTimes had a very good editorial today bemoaning, with resignation, that there will not be any serious prosecutions of senior bank executives or institutions for the financial crisis.  The biggest fish to be caught was Lee Farkas. Who? That's the point.

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