News Topic: CreditSlips

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

Many of us on Credit Slips have been part of the Consumer Bankruptcy Project (CBP), a long-term research project studying people who file chapter 7 and 13 bankruptcy. Several years ago, some of us blogged about the writings from the last CBP iteration in ... Read full article

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

There's a great new paper available on out-of-court restructuring and the Trust Indenture Act.    The New Bond Workouts  is up on SSRN.  From the abstract it sounds pretty darn amazing—a new, empirically based analysis of bond restructurings that ... Read full article

The Second Circuit currently has a pending case (Anderson v. Credit One Bank , No. 16-2496)   that raises the question of whether an alleged violation of the bankruptcy discharge injunction is subject to a predispute arbitration agreement. Professors ... Read full article

On ... Read full article

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

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

House Financial Services Committee Chairman Jeb Hensarling (R-Texas 5th) has an alternative fact problem. In a Wall Street Journal op-ed Hensarling alleged that " Since the CFPB’s advent, the number of banks offering free checking has drastically ... Read full article

Here’s the question CFPB commission proponents need to be able to answer convincingly:  what would the CFPB have done differently over the past five and a half years if it had been a commission, rather than a single director?  What supposed overreach ... Read full article

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

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

If Trump is planning on attempting to remove CFPB Director Richard Cordray "for cause" he's hardly going about it in a smart way.  The Trump administration keeps generating more and more evidence that any for-cause removal would be purely ... Read full article

The new Executive Order is out . At heart, it says nothing. The press will probably make it into a big deal.  Update :  I should clarify that I have no doubt the administration plans to gut Dodd-Frank. The order simply says "we plan to gut ... Read full article

Apparently just in time for another missive from the White House – and a bit of a tantrum from the House – I've got a new Dealbook up where I suggest that Orderly Liquidation Authority and title II might be a first target. ... Read full article

When I heard that the President had nominated 10th Circuit Judge Neil Gorsuch for the Supreme Court , I wondered what his bankruptcy-related opinions might tell us about him. ... Read full article

The Judiciary Data and Analysis Office of the Administrative Office of the US Courts has launched a new feature called "Just the Facts," highlighting statistical trends in the US judiciary. Table 2 and Chart 3 of the inaugural report reflect a ... Read full article