Bankruptcy Blogs

Sonya Dakar’s Famed Hollywood Spa Enters Chapter 11

05/02/12
Associated Press
Gwyneth Paltrow, above, is one of many celebrities to have been treated by Sonya Dakar Skin Clinic.

The parent company of

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Blame Consumers? That's Rich, Mr. Kahr

05/02/12

The gods of irony must be alive and well at American Banker. It's hard to think of a better explanation for the tirade against "deadbeats" from Providian founder Andrew Kahr.

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Public Bank Boards Should Establish Formal M&A Committees

05/02/12

One of the obstacles to an acquisition is that the offers never make it to the board. They tend to come first through the target's CEO, who stands to lose a job (and compensation) in any sale.

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The Fuller Brush Man

05/02/12
Three Lions/Getty Images

“Nothing’s sacred,” Fuller Brush Chief Restructuring Officer Lawrence Perkins told Bankruptcy Beat earlier this year when asked if the company’s famous door-to-door salespeople would su

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Wage Garnishment Must Stop After a Bankruptcy Case is Filed; You Might Even be Able to Get Money Back

05/02/12

Bankruptcy Stops Wage Garnishment The minute a bankruptcy cases filed,an injunction called the automatic stay is issued, which prohibits creditors from trying to collect on debts that were included in the bankruptcy. The Ninth Circuit Court of Appeals has called the automatic stay “one of the most important protections in bankruptcy law.” The automatic stay is [...]

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Squeeze More Profits Out of Your Bank's Investment Portfolio

05/02/12

An influx of deposits and shortage of lending opportunities have made the investment portfolio's performance more important to a bank's success. Banks can get bigger returns from these portfolios.

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The Daily Docket: Dodgers Sale Is Complete

05/02/12

The Los Angeles Dodgers said Tuesday the $2 billion sale of the team and stadium to an investment group headed by Earvin “Magic” Johnson is complete. Read the Daily Bankruptcy Review article here.

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The Note Is All a Lender Needs to Foreclose

05/02/12

In the current environment confusion has sometimes ensued over who is the proper party to commence the foreclosure - or at least over a bank's ability to prove its authority.

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CEOs' Meeting with Tarullo is Big Banks' Version of May Day

05/02/12

The Fed's counterparty limit is not so much a banking rule as an indirect antitrust rule. It will create opportunities for smaller institutions to compete. That's the real reason terrified big-bank CEOs are meeting with Fed Governor Tarullo.

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