News Topic: CreditSlips

Good times in the economy mean goods times a few years later for bankruptcy professionals who deal with consumer cases.  We saw this from the mid-1990s through the 2000s. The last big party in the bankruptcy world was in 2010 (1.5 million non-business ... Read full article

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The Friday decision in NML et al. v. Argentina has clearly shaken the sovereign universe . ... Read full article

Separate from the question of whether we should have financial literacy education for law students, there's the question of what should be included. I'm curious what readers think is important. Comments are open. I'd merely ask that if your ... Read full article

The pointy-head caucus can exhale -- the Second Circuit ruled on the pari passu drama , and it did not go as I had expected. ... Read full article

  NYU has created a bit of stir in legal education by announcing that it will start mandating a financial literacy course for all of its students. I think this is a fantastic move from a pedagogical angle, a career angle, and a public interest angle. ... Read full article

Yes, we know they do, but a Bloomberg story this morning caught my eye. I’ve known for quite a while that Wells Fargo and First Third Bank offered these payday-style loans, called direct deposit advances or ready advances, and also that certain bank ... Read full article

In my most recent Wiley lecture , given in connection with the chair I hold, I argued that boards, particularly in financial institutions, should think outside the box with regard to new board appointments, if they really want to improve corporate ... Read full article

How is one to reconcile the civil fraud allegations in the US's suit against Countrywide for defrauding the GSEs with the Department of Justice dropping its criminal investigation of Angelo Mozillo in 2011? ... Read full article

Wow, our guest bloggers have been working hard for us and you! Nice job Amy and John.  I myself got a little wrapped up in my intensive financial literacy class this year, and am finally here to report on our experiences. First up, a conversation about ... Read full article

I have been working for a few years in developing and creating a consumer outreach website at MyConsumerTips.info .   The site is purely non-profit and has no sponsors or advertisers. It aims to simply provide consumers with “consumer tips” that change ... Read full article

Here . ... Read full article

Or why the bankruptcy professor is relevant, over at Dealbook . ... Read full article

Posting again on fiction so soon? Not the original intention, but I recently read a story that skirts around the substantive core of Credit Slips , as well as the fabulous work of sociologist Viviana Zelizer , a past Credit Slips guest . Blame or ... Read full article

A storyline in the AMR bankruptcy is exposing how confusing it's becoming (at least to me) to keep track of negotiating groups in chapter 11.  (Here's a good recent story from WSJ.)   Gone are the days of the simple Creditors Committee.  Now we ... Read full article

Contracts professors, policymakers, consumer groups and others have become particularly interested in another post- AT&T Mobility LLC v. Concepcion  case.  The United States Court of Appeals for the Ninth Circuit recently agreed to an  en banc ... Read full article

Nathalie Martin has done great work and has posted comments on Creditslips.org regarding payday lending. I also have been interested in how these payday loans prey on consumers with the least resources and power, and have helped consumers with related ... Read full article

In October 2011, I testified to the U.S. Senate Banking Committee's Subcommittee on Financial Institutions and Consumer Protection. In a nation of short memories, the hearing took place amid claims that we did not need new consumer financial ... Read full article