Bankruptcy Blogs

Missouri Banks – Profit From Foreclosure?

04/25/12

Good lawyers will not recommend filing bankruptcy if the benefit is not clear.  If you are giving up your house with only one mortgage and no other significant debt, many of us will typically advise against it.  But in Missouri that could change if the banks start getting too greedy.

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Learn about Teaching Consumer Law at Houston Law Center May 18-19, 2012

04/25/12

On May 18-19, the Center for Consumer Law at the University of Houston Law Center will hold its sixth bi-annual Teaching Consumer Law Conference. This year’s theme is “Teaching Consumer Law in an Evolving Economy.” I have always enjoyed this conference as it is the only one in the country devoted exclusively to teaching consumer law.  It is designed for those currently teaching consumer law, those interested in teaching, as well as those who just wants to know more about consumer law issues.

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The Daily Docket: CRO Says AMR Must Cut Labor Costs

04/25/12

American Airlines parent AMR Corp.’s chief restructuring officer on Tuesday said the company won’t be able to successfully restructure without drastically cutting its labor costs. Read the Daily Bankruptcy Review article here.

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Dodd-Frank's 'Qualified Mortgage' Was Intended to Be Broad

04/25/12

The history is clear: the CFPB was given flexibility to change the 'qualified mortgage' definition in order to ensure that it does not limit the availability of responsible and affordable mortgages.

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Zoo: Australian Outback and More

04/25/12

Clearly one of Asia's finest, a domestic Bactrian camel.

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Death Penalty Sanctions Applied in Case of Double-Dealing Attorneys

04/24/12
In a disturbing 52-page opinion, Judge Stacey Jernigan has administered “death penalty” sanctions against The Cadle Company based on double-dealing and non-disclosures by Cadle’s long-time attorneys who also represented the trustee.     The Cadle Company, LLC v. Brunswick Homes, LLC, Adv. No. 06-3417 (Bankr. N.D. Tex.
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Good Thing Wal-Mart Didn't Get a U.S. Bank Charter

04/24/12

Beyond providing governance and ethics lessons about a shocking corporate scandal, this Wal-Mart story illustrates why combining commerce and banking is such a bad idea.

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