News

Today's News

October 28, 2020 - 98 new headlines

COVID Cash Crunch: Options for Reorganizing or Winding Down Your Company in Illinois - JD Supra

10/28/2020 COVID Cash Crunch: Options for Reorganizing or Winding Down Your Company in Illinois  JD Supra [more]
Tags: News, Reorganizations

Boulder County files emergency motion to stop Extraction Oil & Gas from drilling until litigation is resolved - Longmont Times-Call

10/28/2020 Boulder County files emergency motion to stop Extraction Oil & Gas from drilling until litigation is resolved  Longmont Times-Call [more]
Tags: News, Reorganizations

CEO’s fraud charges push Las Vegas tech firm into bankruptcy - Las Vegas Review-Journal

10/28/2020 CEO’s fraud charges push Las Vegas tech firm into bankruptcy  Las Vegas Review-Journal [more]
Tags: News, Reorganizations

Fight Over Sackler Deal On Hold For Purdue Ch. 11 Plan Talks - Law360

10/28/2020 Fight Over Sackler Deal On Hold For Purdue Ch. 11 Plan Talks  Law360 [more]
Tags: News, Reorganizations

Trustee: Agreement to buy campus of bankrupt Southern Vermont College never completed - WRGB

10/28/2020 Trustee: Agreement to buy campus of bankrupt Southern Vermont College never completed  WRGB [more]
Tags: Filings, News

Puerto Rico Judge Says No to Insider-Trading Probe, Calling Accusations 'Sensational' - Wall Street Journal

10/28/2020 Puerto Rico Judge Says No to Insider-Trading Probe, Calling Accusations 'Sensational'  Wall Street Journal [more]
Tags: Cases of Interest, News

Deadline for Boy Scout abuse claims in bankruptcy court - Live 5 News WCSC

10/28/2020 Deadline for Boy Scout abuse claims in bankruptcy court  Live 5 News WCSC [more]
Tags: News, Reorganizations

U.S. Marshals commanded to collect $49.3M from Bart Reagor - KCBD

10/28/2020 U.S. Marshals commanded to collect $49.3M from Bart Reagor  KCBD [more]
Tags: Lawsuits, News

Guitar Center Faces Possible Bankruptcy as Debt Levels Soar - Digital Music News

10/28/2020 Guitar Center Faces Possible Bankruptcy as Debt Levels Soar  Digital Music News [more]
Tags: 363 Sales, News

Paxton investigation looked into Paul’s conspiracy allegations - Austin American-Statesman

10/28/2020 Paxton investigation looked into Paul’s conspiracy allegations  Austin American-Statesman [more]
Tags: 363 Sales, News

Blogs

Leave-your-car-at-home effort gains traction at American Savings

10/28/2020 The Hawaii bank has paid employees who carpool, bike or walk to work. About a third of the workforce bought into the program before the pandemic, and it's expected to continue once life returns to normal. [more]
Tags: Bankruptcy Blogs, BankThink, Best Banks to Work For, Employee benefits, Hawaii

Seacoast puts a premium on soft skills

10/28/2020 The Florida company has created a series of programs to coach leaders on motivating employees and avoiding conflict. [more]
Tags: Bankruptcy Blogs, BankThink, Best Banks to Work For, Employee benefits, Recruiting, Training

Lightening up at Peoples State in Wisconsin

10/28/2020 The community bank has developed trivia and other Zoom-based games to keep workers engaged during the pandemic. [more]
Tags: Bankruptcy Blogs, BankThink, Best Banks to Work For, Employee benefits, Employee engagement

Banks are paying more mind to mental health

10/28/2020 Many in the industry were adding counseling services to benefits packages even before the coronavirus outbreak spurred demand for assistance with mental well-being. [more]
Tags: Bankruptcy Blogs, BankThink, Best Banks to Work For, Employee benefits, Mental health benefits, Workforce management

NCUA board OKs interagency guidance proposal

10/28/2020 The rule, which will go up for a 60-day comment period, codifies existing NCUA policies and is not expected to change how the agency operates. [more]
Tags: Bankruptcy Blogs, BankThink, Compliance, Credit unions, Financial regulations, Law and regulation, NCUA, Regulatory guidance

SoFi gets preliminary OK on bank charter, launches credit card

10/28/2020 Both developments are part of the company’s strategy of becoming a full-service bank for its young, affluent customer base. [more]
Tags: Bankruptcy Blogs, BankThink, Consumer banking, credit cards, Digital banking, Fintech, OCC, SoFi

BECU commits $5M to racial equity efforts

10/28/2020 The announcement marks one of the credit union community's largest funding efforts toward diversity and inclusion initiatives. [more]
Tags: Bankruptcy Blogs, BankThink, BECU, Credit unions, Diversity and equality, Racism

Citizens hires JPMorgan Chase exec to lead digital expansion

10/28/2020 Donald Felix will join the Rhode Island company in January as head of national banking. He recently was responsible for developing a personal finance management strategy for JPMorgan Chase’s consumer bank. [more]
Tags: Bankruptcy Blogs, BankThink, Citizens Financial, Digital banking, Hiring, Recruiting

Santander Consumer warns charge-offs will keep rising into spring

10/28/2020 The subprime lender cited low odds that Washington will deliver further economic relief, and the fact that $1.5 billion of loans whose deferral period expired are now more than 30 days behind. [more]
Tags: Auto lending, Bankruptcy Blogs, BankThink, Consumer lending, Coronavirus, Credit quality, Earnings, Santander Consumer USA, Stimulus bill

JPMorgan Chase reorganizes blockchain units

10/28/2020 After selling the rights to its Ethereum-based technology, the bank is rebranding a venture related to cross-border payments and creating a new umbrella group to oversee all blockchain-related efforts. [more]
Tags: Bankruptcy Blogs, BankThink, Blockchain, Cross border payments, Distributed ledger technology, JPMorgan Chase