Bankruptcy Blogs

Chapter 7 Trustee Janet Meiburger

12/14/20

Chapter 7 Trustee Janet Meiburger Janet Meiburger is one of the four Chapter 7 trustees in the Alexandria Virginia Bankruptcy court. When you file a bankruptcy case in Alexandria, the computer assigns you to one of the four trustees. Lawyers are appointed Chapter 7 trustees as a part-time assignment.  Janet Meiburger has her own law […]

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Huntington and TCF agree to marge; community banks' boffo year

12/14/20

The two midwest regionals agreed to merge in a $22 billion deal; community banks had their "best year ever," in large part from the "government money that passed through banks on the way to households and businesses."

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Some credit unions are spending more even as earnings tumble

12/14/20

Management teams are forging ahead with technology projects and bonuses for some employees despite a deep slide in net income this year.

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Huntington agrees to buy TCF Financial

12/14/20

The deal, announced late Sunday, would create a $168 billion banking company in the Midwest and be the latest in a string of regional bank combinations.

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Commercial lending push at Black-owned banks gets results

12/13/20

The architects of two major loan deals featuring Black banks, one involving multiple lenders and a pro sports franchise and another backed by Citigroup, say more transactions like these are in the works.

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The New Thing in Contract Research - The Contract Production Process

12/13/20

Cathy Hwang and Matt Jennejohn, two of the brightest young stars of the contract world, just put up a paper summarizing their view of one of the exciting new directions that contract research is taking. They describe it as the study of contractual complexity ("The New Research on Contractual Complexity", is their title). But I don't like the term "contractual complexity" at all, since I simply cannot take seriously the idea that anything that lawyers do is all that complex.  Convoluted, confused and obscure, yes.  But complex? Hell no.

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Fantastic SBRA Resource from Judge Bonapfel

12/11/20

As Credit Slips readers know, the Small Business Reorganization Act added subchapter V to chapter 11 of the Bankruptcy Code earlier this year. My go-to resource on subchapter V has been a thorough summary written by Judge Paul Bonapfel of the U.S. Bankruptcy Court for the Northern District of Georgia. It is available for free on the court's web site, and with Judge Bonapfel's permission, I wanted to spread the word about the guide's availability.

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How Aflac is preparing for next-generation consumers

12/11/20

There is an emotional and human aspect in all relationships and that holds true for the bond between individuals and brands. The COVID-19 pandemic has brought both the strengths and weaknesses in customer experience under the spotlight. This episode will focus on how connecting with customers and ensuring they have a positive experience with a company is paramount, particularly in a pandemic-driven world. Join our host, Brooke Worden, President of The Rudin Group and guest speaker, Virgil Miller, Chief Operating Officer of Aflac U.S.

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Funding for (7)a loan pools freezes, Moynihan urges stimulus, extending PPP facility: Top stories of the week

12/11/20

Program that lets firms bundle Small Business Administration loans on hold; BofA’s Brian Moynihan urges Congress to act on second federal stimulus; end date for the Paycheck Protection Program Loan Facility extended to March 31; and more from this week’s most-read stories.

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Florida's SunState FCU to rebrand following charter conversion

12/11/20

The Gainesville, Fla.-based credit union has converted from a federal to a state charter and will debut its new brand identity early next month.

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