Bankruptcy Blogs

The Daily Docket: Law-Firm Loans Show Cracks

04/30/12

In the race to open offices throughout the globe and lure rainmakers to their ranks, some law firms willingly took on debt they expected to have no trouble paying—a once-safe bet that is now backfiring. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Future of Consumer Lending Belongs to PhDs, Risk-Takers

04/30/12

Making more bad loans is the tuition price for learning how to build and train new underwriting algorithms.

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Occupy's May Day Is an Opportunity for Small Banks

04/30/12

There's a sizable, growing community of people who'd be receptive to the notion that you can get needed services without having to support the companies that have inflicted so much damage on the economy and the country.

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Bankruptcy Document Access Through Private Website

04/29/12

It can be frustrating for bankruptcy debtors who want to access and copy documents filed in their own case. Currently, the only document access is through the government PACER  system. (Public Access to Court Electronic Records) You have to sign up, get a password, and then pay 10 cents/page up to $3.00 to look at any document. Document access fees add up quickly when someone is viewing multiple documents. 

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Pari Passu: So Passe! (Extractive Edition)

04/27/12

Felix Salmon stays with the Argentina pari passu saga, about which I wrote here. The holdout creditors have now filed their briefs (Felix has the links), and are doubling down on the text.

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