Bankruptcy Blogs

An Overdraft Elephant Is Hiding in Your Boardroom

11/09/11

As one bank CEO put it when asked about the large animal, "I don't want to have any discussion or communication about overdraft fees." A segment of consumers value them greatly and will find them elsewhere if financial industry herds disappear.

[more]

Bankruptcy Filings Lower in Arizona Than Last Year

11/09/11

Bankruptcy Filings Lower in Tucson, Arizona and Phoenix, Arizona Than Last Year   Arizona bankruptcies have been declining in number for the last 9 months.   Statewide filings fell 23 percent in October of 2011, and overall bankruptcy filings are down 13 percent from 2010 so far this year. Bankruptcy has been filed more than 106,000 [...]

[more]

Borders Liquidators Get ‘Something’ From George Harrison Guitar

11/09/11
Associated Press
George Harrison performs at a concert in London in this 1995 file photo.

The sun has come out for liquidators of Borders Group Inc.

[more]

Want to Make a Banker's Day? Yank Your Deposits

11/09/11

There's bad news for those who withdrew funds on Bank Transfer Day to punish the targets of their ire. Most banks don't really need their money - at least not right now.

[more]

Los Angeles Dodgers' Chapter 11 Case: No Replay of Texas Rangers' Drama

11/09/11

A World Series as exciting as any in memory ended two weeks ago. Notwithstanding the end of the season, the Los Angeles Dodgers’ chapter 11 case offered the promise of more baseball-related thrills. Dodger’s owner Frank McCourt and Major League Baseball (“MLB”) Commissioner Bud Selig appeared headed towards an epic courtroom showdown that promised to rival

[more]

Los Angeles Dodgers' Chapter 11 Case: No Replay of Texas Rangers' Drama

11/09/11

A World Series as exciting as any in memory ended two weeks ago. Notwithstanding the end of the season, the Los Angeles Dodgers’ chapter 11 case offered the promise of more baseball-related thrills. Dodger’s owner Frank McCourt and Major League Baseball (“MLB”) Commissioner Bud Selig appeared headed towards an epic courtroom showdown that promised to rival

[more]

The Daily Docket: Judge Slashes Dynegy Loan Money

11/09/11

A bankruptcy judge on Tuesday slashed the amount of money Dynegy Inc.’s holding company can immediately lend to four subsidiaries to keep the entities running during bankruptcy, in light of serious questions raised in court by Dynegy bondholders. Read the Daily Bankruptcy Review article here.

[more]

Cast Your Bid for Kluge’s Cupids

11/08/11
Associated Press/Daily Progress
Patricia Kluge stands with her husband, Bill Moses.

So you missed your chance to bid on Patricia Kluge’s 24,000-square-foot, 45-room cou

[more]