CreditSlips

Bankruptcy, Credit, and Finance Panels at Upcoming AALS Meeting

09/11/20

As with (almost) all events now, the 2021 AALS Annual Meeting is going forward as a virtual conference at the beginning of January. Deadlines for calls for papers are approaching soon. For our professor readers, the Section on Financial Institutions and Consumer Financial Protection and the Section on Commercial & Consumer Law have calls that may interest you. Details about each below the break.

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Congressional testimony on Small Business Lending regulation

09/09/20

I am testifying later today (virtually) before the House Small Business Committee on "Transparency in Small Business Lending."  My written testimony is here.

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Brilliant Contracts Podcast From Hoffman & Wilkinson-Ryan

08/29/20

I suspect that slipsters already know about this podcast.  But, just in case any of you have not, I wanted to flag Promises, Promises by Dave Hoffman and Tess Wilkinson-Ryan.  This is especially wonderful if you are teaching contract law via zoom this term and need additional content to add to what you are doing already. The podcast has been my savior in that it brightens my mood so much to hear these two brilliant scholars have fun talking through the classic cases while I'm on long walks.

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Clauses and Controversies podcast

08/21/20

Mark Weidemaier & Mitu Gulati

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Student Loan Relief Update

08/15/20

Student loan relief provisions required by the CARES Act expire on September 30. Those protections included 1) for all federal direct loans: zero interest and automatic payment forbearance, 2) credit towards IDR and PSLF forgiveness for the 6 months covered by the Act, and importantly, 3) suspension of wage garnishments and other collections on defaulted loans.

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Virtual Conference on Income Share Agreements

08/06/20

As many of you know, I direct the Student Loan Law Initiative at UCI Law, a partnership with the the Student Borrower Protection Center (SBPC).

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Most of What You Read about the Bankruptcy Filing Rate Is Wrong

08/05/20

A popular narrative is that bankruptcy filing rates are increasing dramatically. That is not true. If you want to know what is happening with the bankruptcy filing rate during covid-19, the best source is Ed Flynn's analyses over at the American Bankruptcy Institute (current analysis here with a historical archive here).

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OCC Suggests "Fair Access" Rulemaking to Require Banks to Finance the Oil and Gas Industry

08/04/20

Just when you think it can't get more ridiculous... The Office of Comptroller of the Currency, which hasn't taken racially discriminatory lending seriously, is concerned about banks' discriminatory refusal to serve the oil and gas industry.

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