Bankruptcy Blogs

Dippin’ Dots Makes Bounce Toward Grocery Stores

11/30/11
Peppermint with Oreo, the new holiday flavor for Dippin’ Dots

The financial strain at Dippin’ Dots Inc., which is in bankruptcy, hasn’t thrown off the researchers at its Kentu

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By the side of the ocean headed for Sunset

11/30/11

My initial thoughts on American Airlines, here.

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"The Wikipedia of Land Registration Systems"

11/30/11

Pretty amazing opinion in Culhane v Aurora Loan Services of Nebraska byJudge Young of the US District Court for the District of Massachusetts. Judge Young breaks out a fresh can of whoop-ass on MERS, which wasn't even a litigant. How are these choice lines:  "MERS is the Wikipedia of Land Registration Systems."  Now I like Wikipedia, but property title isn't do-it-yourself.

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The Daily Docket: Lehman Bankruptcy Plan Garners Overwhelming Support

11/30/11

Some 95% of creditors of Lehman Brothers Holdings Inc. and its affiliates overwhelmingly approved its latest reorganization proposal, bringing the failed investment bank a step closer to paying back some of what it owes. Read the story here in the Daily Bankruptcy Review.

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HARP's Dirty Little Secret: Most HARP Refis are of Positive Equity Mortgages

11/29/11

So the Administration has announced that it is expanding the HARP refinancing program to help underwater borrowers.  Originally, HARP enabled borrowers with up to 125% loan-to-value (LTV) ratios to refinance (105% for adjustable rate loans).  The revised program removes the LTV cap for fixed-rate loans, reduces some refi fees, permits refis of loans that have been mildly delinquent recently, and extends the eligibility date.

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If Waiters Can Make Personal Connections, So Can Bankers

11/29/11

In our increasingly detached world, where folks spend more time staring at little screens in their hands than interacting with people, the things that create real customer relationships are as simple as ever.

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Blog of the Day: Judging the SEC

11/29/11

"It would be hard to imagine a more thorough rebuke of how America's Securities and Exchange Commission ... tries to discipline financial firms," the Schumpeter blog says of Judge Rakoff's rejection of the SEC-Citigroup settlement.

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Bankruptcy is the Best Way to Save Your Home

11/29/11

Loan mods. Workouts. Bankruptcy. Which is the best way to save your home? A recent article, “The Homeownership Experience of Households in Bankruptcy” by Professor Sarah W. Carroll, of the University of Pennsylvania Law School and Wenli Li, of the Federal Reserve Bank of Philadelphia, provided the first in-depth analysis of the homeownership experience of homeowners [...]

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Handling Debts In Bankruptcy

11/29/11

As a Fort Worth bankruptcy attorney, I strive to not only represent my clients but educate them about the bankruptcy process as well.  I feel it is important for every filer to know and understand how the process works. To do that, I typically start with the basics about debts in bankruptcy. Unsecured Debts The [...]

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Misconceptions About Lehman Brothers’ Bankruptcy and the Role Derivatives Played

11/29/11

by Kimberly Summe Lecturer in Law, Stanford Law School General Counsel, Partner Fund Management, L.P. Former Managing Director, Lehman Brothers "On November 4, 2011, Lehman Brothers’ creditors voted on Lehman Brothers’ liquidation plan, with approval from the bankruptcy court to...

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