News Topic: CreditSlips

The IRS has spoken :  Bitcoins are property, not currency.  This was hardly a surprise, but it has some important implication that tells us a lot about what it takes to make a currency work.   ... Read full article

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Today is the day for filing amicus briefs with the U.S. Supreme Court in  NML v. Argentina (pari passu case). Brazil, France, Mexico, the Jubilee Network and Nobel Laureate Joseph Stiglitz are all asking the court to take the case. ... Read full article

As noted by America's finest news source here . ... Read full article

At a conference on consumer bankruptcy policy over the weekend in At ... Read full article

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If you are looking for trite and oversimplified assertions about bankruptcy stigma, then stay away from the latest issue of the  American Bankruptcy Law Journal . In those pages, Professor Michael Sousa  from the University of Denver has a wonderful paper ... Read full article

It’s time for us to pick up this story again. Late last week, the U.S. ... Read full article

In my first post I advanced some basic ideas on the situation of Spanish mortgage debtors. The Spanish situation following the housing crisis may be familiar to readers because it shares many of the same characteristics of problems in European countries. ... Read full article

A bit on the overemphasis of the "absolute priority rule" in academia, over at Dealb%k. ... Read full article

Conventional wisdom views bankruptcy as a place that protects homeowners and homeownership.  One of the primary reasons Chapter 13 allows debtors to retain all property of the estate, whether exempt or not, is to allow debtors to hang on to their personal ... Read full article

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History can sometimes provide a fresh perspective on current events. My years of observations at UNCITRAL led me to wonder about how working methods in this international organization compare to those of similar (some would say sister) organizations -- ... Read full article

I’m on my way to the Choice of Law in Cross-Border Bankruptcy Cases symposium  at Brooklyn Law School that Susan Block-Lieb mentioned in her post earlier this week, so I have Chapter 15 on the brain. ... Read full article

Am I the only one who didn't know that the National Conference of Commission on Uniform Law recently revised the Uniform Fraudulent Transfer Act in late 2013? ... Read full article

Again.  This morning's Daily Bankruptcy Review reports that Fisker's creditors want to sue the debtor's secured lender. ... Read full article

 To question number one, it looks that way. According to Kim Chapman and Carter Dougherty at Bloomberg, as well as other news outlets, Director Richard Cordray has announced his intention to move forward with regulations aimed at lenders that make small ... Read full article

Autonomous administrative agencies are anathema to certain sorts of lawmakers, e.g., those who think that we are always better off with less regulation. Recent legislation – H.R. 3193  – passed the House last week looking to make the Bureau of Financial ... Read full article