News

Today's News

August 5, 2020 - 7 new headlines

Live updates: Trump administration sticks to school reopening plan as U.S. death toll exceeds 153,000 - The Washington Post

08/05/2020 Live updates: Trump administration sticks to school reopening plan as U.S. death toll exceeds 153,000  The Washington Post [more]
Tags: Cases of Interest, News

To file bankruptcy or not? See what works best for you - Newsday

08/05/2020 To file bankruptcy or not? See what works best for you  Newsday [more]
Tags: Filings, News

2020 Arizona Law Firm Hourly Rate Report - ResearchAndMarkets.com - Business Wire

08/05/2020 2020 Arizona Law Firm Hourly Rate Report - ResearchAndMarkets.com  Business Wire [more]
Tags: Cases of Interest, News

The Next Wave – Personal Guarantors Under The Insolvency And Bankruptcy Code, 2016 - Insolvency/Bankruptcy/Re-structuring - India - Mondaq News Alerts

08/05/2020 The Next Wave – Personal Guarantors Under The Insolvency And Bankruptcy Code, 2016 - Insolvency/Bankruptcy/Re-structuring - India  Mondaq News Alerts [more]
Tags: Lawsuits, News

US Wants $11 Billion in Purdue Pharma Bankruptcy Case (1) - Bloomberg Law

08/05/2020 US Wants $11 Billion in Purdue Pharma Bankruptcy Case (1)  Bloomberg Law [more]
Tags: Cases of Interest, News

US Wants $11 Billion in Purdue Pharma Bankruptcy Case (1) - Bloomberg Law

08/05/2020 US Wants $11 Billion in Purdue Pharma Bankruptcy Case (1)  Bloomberg Law [more]
Tags: Cases of Interest, News

Agreement reached to release NAS names in Purdue Pharma bankruptcy case - The Coal Valley News

08/05/2020 Agreement reached to release NAS names in Purdue Pharma bankruptcy case  The Coal Valley News [more]
Tags: Cases of Interest, News

Winston Moss makes pitch to stay with XFL - NBC Sports - NFL

08/04/2020 Winston Moss makes pitch to stay with XFL  NBC Sports - NFL [more]
Tags: Cases of Interest, News

Two more Catholic priests accused of child sexual abuse in southern New Mexico - Las Cruces Sun-News

08/04/2020 Two more Catholic priests accused of child sexual abuse in southern New Mexico  Las Cruces Sun-News [more]
Tags: Cases of Interest, News

Bankrupt Whistleblower Can Sue Medical Co. In Kickback Row - Law360

08/04/2020 Bankrupt Whistleblower Can Sue Medical Co. In Kickback Row  Law360 [more]
Tags: Lawsuits, News

Blogs

State of ag lending: ‘It’s not full retrenchment, but it’s close’

08/04/2020 The global pandemic and stalled trade negotiations have discouraged farmers and ranchers from taking on more debt and made banks uneasy about extending more credit. [more]
Tags: Agriculture industry, Bankruptcy Blogs, BankThink, Commercial lending, Coronavirus, Small business lending, Tariffs

As lawmakers weigh PPP reforms, bankers want them to think big

08/04/2020 Besides reauthorizing the Paycheck Protection Program, Congress should upgrade the loan forgiveness process, offer businesses the chance to take out a second loan and ensure the pricing satisfies lenders, bankers say. [more]
Tags: Bankruptcy Blogs, BankThink, Community banks, Coronavirus, Paycheck Protection Program, Regional banks, SBA, Small business lending

Banks ready new tech tools to tackle debt collection

08/04/2020 KeyBank, Regions and others are using self-service portals, robotic processing automation and virtual assistants to digitize the collections process and make it more humane in anticipation of rising delinquencies. [more]
Tags: Bankruptcy Blogs, BankThink, Coronavirus, Debt Collection, Digital banking, Digital Banking 2020, RPA, Virtual assistants

Investors struggle to get clear read on small banks

08/04/2020 Community bank earnings are usually easy to understand, but loan deferrals and modifications as well as the complexities of the Paycheck Protection Program are skewing financial statements. [more]
Tags: Bankruptcy Blogs, BankThink, Community banks, Coronavirus, Credit quality, Paycheck Protection Program

Banks, fintechs must reframe data privacy debate

08/04/2020 Financial firms could lose access to data that’s critical to their businesses if Congress passes a privacy bill. To change lawmakers’ minds, they need to show how data in the right hands has the power to improve customers’ lives. [more]
Tags: Bankruptcy Blogs, BankThink, Consumer banking, Data privacy, Fintech

Organizers propose new bank in Ohio

08/04/2020 First Bank of Central Ohio would be based near Columbus, where another group opened a bank last year. [more]
Tags: Bankruptcy Blogs, BankThink, Capital, Commercial banking, Community banks, De novo institutions, FDIC

Commerzbank defies activist Cerberus; the SBA’s other disaster loan program

08/04/2020 The bank is siding with its biggest investor, the German government, over its second largest holder, which wants big cost cuts; the EIDL has had to reduce loan sizes to meet huge demand. [more]
Tags: Bankruptcy Blogs, BankThink

OCC Suggests "Fair Access" Rulemaking to Require Banks to Finance the Oil and Gas Industry

08/04/2020 Just when you think it can't get more ridiculous [more]
Tags: Bankruptcy Blogs, CreditSlips, Financial Institutions

Will pandemic compel Congress to ease bank capital requirements?

08/03/2020 Lawmakers don't appear ready to relax requirements yet, but they may do so in future legislation in hopes of spurring more bank lending. [more]
Tags: Bankruptcy Blogs, BankThink, Coronavirus, Deposits, Dodd-Frank, Elizabeth Warren, Federal Reserve, Lending, Minimum capital requirements, Sherrod Brown

Google checking accounts: Why banks want in

08/03/2020 The marketing and tech-sharing opportunities for Google's eight financial institution partners are captivating despite the risk of data privacy or other issues cropping up down the road. [more]
Tags: Bankruptcy Blogs, BankThink, BBVA, BMO Harris Bank, Citigroup, Consumer banking, Digital banking, google, GSIBs, Regional banks