Bankruptcy Blogs

The proposed regulation could raise a very significant issue for the directors of a covered company who, consistent with their fiduciary duties, may not elevate U.S. financial stability over the interests of their shareholders and creditors.

The publisher of the Bend (Ore.) Bulletin filed for bankruptcy protection Tuesday after exhausting negotiations with its biggest lender—triggering a war of words on the newspaper’s pages that sings to the spirit of its feisty longtime publisher Robert Chandler.

A bankruptcy judge indicated Wednesday that creditors may not have to wait long to find out whether she will confirm Washington Mutual Inc.’s $7 billion Chapter 11 plan. Read the Daily Bankruptcy Review story here.

Stephen Gandel, senior writer over at Time Magazine,  discussed the recent news from Bank of America of BOA’s plans to donate lots after bulldozing 100 foreclosed Cleveland homes.   The lots will be donated to local government authorities.    That donation adds to earlier donations of lots where 100 bulldozed Detroit homes once sat along with [...]

Still catching up...  Below are my first 24 bankruptcy case tweets of August 2011 and one other tweet of general interest since my last post of August 21.  RSS Feeds are also available.  All my twitter posts are