Bankruptcy Blogs

Subsidizing Shareholders (and the Sub Debt Too)

04/12/12

So there is a bit a kerfuffle going on between Luigi Zingales and Brad DeLong.

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The Daily Docket: Reddy Ice Poised to File for Bankruptcy in Texas

04/12/12

Packaged-ice maker Reddy Ice Holdings Inc. confirmed Thursday it plans to file for Chapter 11 bankruptcy protection and expects to commence the bankruptcy case “promptly,” The Wall Street Journal reports.

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First-Quarter Reports Will Force Banks to Face the Music

04/12/12

The performance numbers will likely reinforce the reality that, absent significant changes, many banks simply cannot attain the level of profitability needed to remain viable.

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Banks Will End Up Obsolete as Silent-Film Stars, Unless....

04/11/12

The industry is like a 1920s Hollywood actor who does not understand the new technology, has not seen it coming and doesn't understand why the change is happening.

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HSBC Reaffirmation Agreements Don’t Quite Add Up: Are the Errors Intentional?

04/11/12

Problems With Reaffirmation Agreements of HSBC Subsidiary A couple months ago, I got a call from a prospective client (who we’ll call Jim). At the time he called, Jim was involved in a pro se adversary case involving a dispute over the terms of a reaffirmation agreement. As I learned more and dug deeper, it [...]

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Jefferson County Hospital Turns to Bankruptcy Judge for Help

04/11/12

The battle over Jefferson County’s hospital for the poor has spilled over into its Chapter 9 bankruptcy case, illuminating another financial hardship facing Alabama’s biggest county.

Against threats that the 319-bed facility may one day close, a patient of Cooper Green Mercy Hospital has asked the county’s bankruptcy judge to protect the stream of money that is supposed to flow to the facility.

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