News Topic: CreditSlips

Over at Dealb%k . ... Read full article

From the always wonderful  Pearls Before Swine , some humor for the secured lending crowd. ... Read full article

An important opinion by one of our most knowledgeable bankruptcy judges, Judge Bernstein in Manhattan, may have reached the right result by the wrong path in deciding if a foreign debtor’s Chapter 7 trustee can avoid a foreign transfer to a foreign ... Read full article

Empirical studies have shown that minorities pay more for goods and services, and that they pay more to finance their purchases of those goods and services -- for instance, through subprime home and auto loans. Machine Bias , a new study from ProPublica ... Read full article

It is with incredibly mixed feelings that I pass along to our readers that Professor Katie Porter is leaving our blog. Katie was one of the original bloggers on  Credit Slips back in 2006. There were a number of us who were working together in an ... Read full article

As the subprime foreclosure crisis grinds down slowly (there are still roughly 3 million pre-crisis subprime mortgages outstanding, many of them delinquent), and the HAMP program sunsets, the time has come to appraise the total damage done. ... Read full article

Having had a few days to digest the ruling  awarding summary judgment to the trustee (suing at the direction of the Russian government), I wanted to elaborate on my earlier thoughts about the court's reasoning. ... Read full article

Mark posted a lucid analysis of Ukraine's loss to Russia in London yesterday (full 107-pp opinion here ). ... Read full article

Four core federal consumer financial laws—the Truth in Lending Act (and Reg Z ), the Electronic Fund Transfer Act (and Reg E) , the Real Estate Settlement Procedures Act (and Reg X ) and the Equal Credit Opportunity Act (and ... Read full article

The judge hearing Russia's lawsuit to enforce its $3 billion loan to Ukraine issued an opinion  today, rejecting Ukraine's defenses to the lawsuit.  Bloomberg and the ... Read full article

Just a cross-posting note: Jonathan Lipson and I comment on the U.S. Supreme Court's Jevic decision at the Harvard Law School Corporate Bankruptcy Roundtable . ... Read full article

The Supreme Court ruled today in Expressions Hair Design v. Schneiderman .  The Court unanimously ruled for the merchant plaintiff that was challenging New York State's no-surcharge law on the basis that a law criminalizing credit surcharges (but not ... Read full article

How much in punitive damages is enough to punish unlawful conduct and deter its repetition? $45 million was one bankruptcy court's opinion , in the case of a wrongful home foreclosure and eviction in knowing violation of the automatic stay. ... Read full article

This is a joint post by Mitu Gulati and Mark Weidemaier ... Read full article

Over at Dealb%k .  (BTW, I don't pick the pictures). ... Read full article

Third Circuit is reversed. Opinion is here . ... Read full article

Thanks a tweet to the sharp-eyed Drew Dawson at the University of Miami, I saw this article in  Politico that among the surprises in Trump's budget is an increase in bankruptcy filing fees (see item 5). Well, this seemed important to those of us in ... Read full article

This is a joint post by Mitu Gulati and Mark Weidemaier . ... Read full article