News

Today's News

November 13, 2019 - 23 new headlines

Nuvectra Corporation (NASDAQ:NVTR) Files An 8-K Bankruptcy or Receivership - Market Exclusive

11/13/2019 Nuvectra Corporation (NASDAQ:NVTR) Files An 8-K Bankruptcy or Receivership  Market Exclusive [more]
Tags: Lawsuits, News

On The Move: Giordano Halleran; Nehmad Perillo | New Jersey Law Journal - Law.com

11/13/2019 On The Move: Giordano Halleran; Nehmad Perillo | New Jersey Law Journal  Law.com [more]
Tags: Lawsuits, News

Federal court rules warrantless searches of travelers' electronics violates Constitution - Bangor Daily News

11/13/2019 Federal court rules warrantless searches of travelers' electronics violates Constitution  Bangor Daily News [more]
Tags: Lawsuits, News

PG&E Stock Continues to Soar, Bears Run for Cover - Market Realist

11/13/2019 PG&E Stock Continues to Soar, Bears Run for Cover  Market Realist [more]
Tags: News, Reorganizations

Dean Foods declares bankruptcy | 2019-11-12 - Agri-Pulse

11/13/2019 Dean Foods declares bankruptcy | 2019-11-12  Agri-Pulse [more]
Tags: News, Reorganizations

Meritor Reports Fourth-Quarter and Fiscal Year 2019 Results - Yahoo Finance

11/13/2019 Meritor Reports Fourth-Quarter and Fiscal Year 2019 Results  Yahoo Finance [more]
Tags: Filings, News

Newsletter: It’s Not the Economy Anymore, Stupid - Wall Street Journal

11/13/2019 Newsletter: It’s Not the Economy Anymore, Stupid  Wall Street Journal [more]
Tags: Filings, News

High Court to Review Creditors' Appeal Window in Bankruptcy - Bloomberg Law

11/13/2019 High Court to Review Creditors' Appeal Window in Bankruptcy  Bloomberg Law [more]
Tags: Cases of Interest, News

Bernstein Joins Change Capital as SVP/General Counsel - Monitor Daily

11/13/2019 Bernstein Joins Change Capital as SVP/General Counsel  Monitor Daily [more]
Tags: Lawsuits, News

DealBook: Trump Says Business Leaders ‘Have No Choice’ but to Vote for Him - The New York Times

11/13/2019 DealBook: Trump Says Business Leaders ‘Have No Choice’ but to Vote for Him  The New York Times [more]
Tags: News, Reorganizations

Blogs

What a Local Traffic Snafu Teaches About Artificial Intelligence in Underwriting

11/13/2019 The DC suburbs are a case study in NIMBYism. Lots of communities try to limit through-traffic via all sorts of means:  speed bumps, one-way streets, speed cameras, red-light cameras, etc.  The interaction of one of these NIMBYist devices with GPS systems is a great lesson about the perils of [more]
Tags: Bankruptcy Blogs, Consumer Finance, Credit & Debit Cards, CreditSlips, Sociological Perspectives

Coercive "Consent" to Paperless Statements

11/12/2019 If you've logged on to any sort of on-line financial account in the past few years, there's a very good chance that you've been asked to consent to receive your periodic statements electronically, rather than on paper. Financial institutions often pitch this to consumers as a matter of being [more]
Tags: Bankruptcy Blogs, Consumer Contracts, Consumer Finance, Consumer Financial Protection Bureau, CreditSlips, Financial Institutions

‘Nobody has working capital’: Ag lenders lament trade war’s impact

11/12/2019 So far farm loans are holding up well, but bankers gathered at an industry conference this week said they are growing increasingly concerned that credit quality will weaken if the U.S. and China don’t reach a deal soon. [more]
Tags: , Ag lending, Agriculture industry, American Bankers Association, Bankruptcy Blogs, BankThink, Farmer Mac, Tariffs, Trade agreements

Will Iberiabank's no-premium deal touch off big-bank M&A wave?

11/12/2019 The Louisiana company's willingness to combine with First Horizon without a big initial payday is fueling talk that other banks could be keen on selling at relatively inexpensive prices. [more]
Tags: Bankruptcy Blogs, BankThink, Community banking, Growth strategies, Louisiana, M&A, Regional banks, Revenue and expenses, Tennessee

Organizers planning bank in Southern California

11/12/2019 A group has filed paperwork with the FDIC to form Legacy Bank in Temecula. [more]
Tags: Bankruptcy Blogs, BankThink, california, Capital, Community banking, De novo institutions

Fulton Financial buys wealth management business

11/12/2019 The Pennsylvania company gained $67 million in assets under management as part of the acquisition. [more]
Tags: Bankruptcy Blogs, BankThink, Community banking, M&A, pennsylvania, Wealth management

Big banks want to make it easier to share consumer data with startups

11/12/2019 The Clearing House is pushing contract terms that would give fintechs quicker access to consumers' financial information, but one large upstart has taken issue with the proposal's language. [more]
Tags: , Bankruptcy Blogs, BankThink, Capital One, Data breaches, Data sharing, Fintech, Fintech regulations, JPMorgan Chase

OCC’s Otting on CRA timeline, Camels and fintech legal battles

11/12/2019 The three federal bank regulators usually try to issue rules jointly, but Comptroller of the Currency Joseph Otting on Tuesday pointed to areas where the agencies may move on separate paths. [more]
Tags: , AML, Bankruptcy Blogs, BankThink, CRA, FDIC, Federal Reserve, Fintech regulations, Jelena McWilliams, Joseph Otting, litigation, OCC, Regtech

House, Senate bills would cap all consumer loans at 36%

11/12/2019 The Veterans and Consumers Fair Credit Act would extend Military Lending Act protections to all consumers. [more]
Tags: , Bankruptcy Blogs, BankThink, Consumer lending, House Financial Services Committee, Kathy Kraninger, Senate Banking Committee, Sherrod Brown, TILA

People's Utah rebrands its banks as Altabank

11/12/2019 The company, which plans to become Altabancorp, said the initiative removes brand confusion and puts its size and scale on display. [more]
Tags: Banking brands, Bankruptcy Blogs, BankThink, Branding, Community banking, utah