Bankruptcy Blogs

Chapter 13 Trustees Looking to Squeeze Every Last Dime from Debtors

03/15/12

Over the past couple of years I have noted an unsettling trend in my Chapter 13 cases<

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Consistency - A Hallmark of the Delaware Bankruptcy Court

03/15/12

In a 17 page decision entered March 9, 2012, Judge Carey of the Delaware Bankruptcy Court granted a motion for relief from the Bankruptcy Code’s automatic stay to allow an undersecured creditor to exercise its remedies against a debtor’s collateral.  A copy of Judge Carey's opinion is available here (the "Opinion").  The Opinion was issued in a case nearly identical to that discussed in this post:

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The Daily Docket: Ambac Wins Approval of Chapter 11 Plan

03/15/12

A judge confirmed Ambac Financial Group Inc.’s plan to exit bankruptcy in the hands of its bondholders, a big step forward for a company that served as one of the enduring faces of the derivatives-driven financial services bubble and its catastrophic implosion. Read the Daily Bankruptcy Review story here

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Florida’s Rocket Docket Redux

03/15/12

Courtesy Rolling Stone

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The Fed is Fighting the Last War in Its Latest Stress Tests

03/15/12

The Fed has not clearly articulated a rationale for the complicated stress test it selected. It appears that with their selection, the scenario is closer to Armageddon than the Great Recession.

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AG Settlement Will Harm, Not Help Economy

03/14/12

The judgment of politicians can be clouded by fixes that sound good, but miss the target. The governments' desire to punish financial services companies is impeding the economic recovery.

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