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July 20, 2019 - 30 new headlines

Scotty's Brewhouse, Thr3e Wise Men to cease operations - WRTV Indianapolis

07/20/2019 Scotty's Brewhouse, Thr3e Wise Men to cease operations  WRTV IndianapolisMonths after filing for bankruptcy, all Scotty's Brewhouse and Thr3e Wise Men locations will cease all operations, according to a sign in the window of the [more]
Tags: News, Reorganizations

Toys R Us rises from the dead, but new stores are unrecognizable - PostBulletin.com

07/20/2019 Toys R Us rises from the dead, but new stores are unrecognizable  PostBulletin.comA year after shutting all its U.S. stores, Toys R Us is making a comeback. [more]
Tags: News, Reorganizations

What the Climate Change Models Actually Say - Foundation for Economic Education

07/20/2019 What the Climate Change Models Actually Say  Foundation for Economic EducationEven if climate change proceeds as the peer-reviewed literature assumes in the most pessimistic emissions scenarios, it will probably merely mean that people [more]
Tags: News, Reorganizations

Perkins in Bradford, Olean to change hands, remain open after franchisee files Chapter 11 - Olean Times Herald

07/20/2019 Perkins in Bradford, Olean to change hands, remain open after franchisee files Chapter 11  Olean Times HeraldPerkins Restaurants in Olean and Bradford, Pa., will stay open despite a bankruptcy court ruling that other stores in the franchise must be “decommissioned,” [more]
Tags: Filings, News

Barneys New York struggling, edging toward bankruptcy: report, photos - Business Insider

07/20/2019 Barneys New York struggling, edging toward bankruptcy: report, photos  Business InsiderWe visited Barneys' Manhattan flagship to see why it's reportedly considering bankruptcy. The store was beautiful, but it had a lot of empty space. [more]
Tags: Liquidation, News

Canfield, New Castle restaurants prohibited from using Perkins name - WFMJ

07/20/2019 Canfield, New Castle restaurants prohibited from using Perkins name  WFMJA bankruptcy judge has signed an order forbidding ten Perkins restaurant franchises, including those in Canfield and New Castle.from using the Perkins name. [more]
Tags: Liquidation, News

Global Automotive Hydraulics System Market Insights Report 2019-2027: Aisin Seiki Co., Ltd., BOSCH, ZF FRIEDRICHSHAFEN, BORGWARNER, JTEKT - News Hours Today

07/20/2019 Global Automotive Hydraulics System Market Insights Report 2019-2027: Aisin Seiki Co., Ltd., BOSCH, ZF FRIEDRICHSHAFEN, BORGWARNER, JTEKT  News Hours TodayThe “Automotive Hydraulics System Market” report gives a weighty source to assess the market and other fundamental technicalities [more]
Tags: News, Reorganizations

Bids invited for India's grounded airline Jet Airways - Xinhua | English.news.cn - Xinhua

07/20/2019 Bids invited for India's grounded airline Jet Airways - Xinhua | English.news.cn  XinhuaMUMBAI, July 20 (Xinhua) -- The expression of interest has been invited to seek resolution proposals for India's grounded airline, Jet Airways, that may give [more]
Tags: Lawsuits, News

Global Automotive Forgings Market Insights Report 2019-2027: Drop Forging, Bharat Forge, Trenton Forging, CIE Automotive, Walker Forge Tennessee - News Hours Today

07/20/2019 Global Automotive Forgings Market Insights Report 2019-2027: Drop Forging, Bharat Forge, Trenton Forging, CIE Automotive, Walker Forge Tennessee  News Hours TodayThe “Automotive Forgings Market” has its complete summary provided in such a pattern that the reading is enough to get the gist [more]
Tags: News, Reorganizations

Global Automotive Electric Seats Market Insights Report 2019-2027: Delphi, Johnson Controls, Omron, Toyodenso, Tokai Rika, Marquardt - News Hours Today

07/20/2019 Global Automotive Electric Seats Market Insights Report 2019-2027: Delphi, Johnson Controls, Omron, Toyodenso, Tokai Rika, Marquardt  News Hours TodayThe “Automotive Electric Seats Market” far and wide is a standout amongst the most blossoming and colossally sorted division involving. This [more]
Tags: News, Reorganizations

Blogs

Equifax nears $700 million settlement of probes into data breach

07/19/2019 The agreement with authorities including the Federal Trade Commission and state attorneys general — and possibly the Consumer Financial Protection Bureau — may be announced as soon as Monday. [more]
Tags: , Bankruptcy Blogs, BankThink, CFPB, Data breaches, Data security, Equifax, FTC, Policymaking

The similar challenges facing these different niche lenders

07/19/2019 County Bancorp is a small dairy lender in Wisconsin with an exposure to milk prices, and Bank OZK is a larger bank in Arkansas coping with out-of-market real estate trends. Their stories show how market sensitivities can vex specialists. [more]
Tags: Ag lending, Arkansas, Bankruptcy Blogs, BankThink, Community banking, Earnings, Wisconsin

Russell E. Hogg, former Mastercard CEO, dies

07/19/2019 During his time with the company, Hogg directed its transformation from Interbank to Mastercard and helped expand the card brand's global presence. [more]
Tags: , Bankruptcy Blogs, BankThink, Mastercard, Obituaries

Regions leery of expected Fed rate cut

07/19/2019 The Birmingham, Ala., company warned in its earnings call that moves by the central bank could make it harder to lower costs. [more]
Tags: , Bankruptcy Blogs, BankThink, Earnings, Federal Reserve, interest rates, Regional banks, Regions Bank, Workforce management

HUD suffers setback, CECL delayed, PNC plots expansion: Top stories of the week

07/19/2019 A court ruling deals a blow to efforts by HUD to restrict nonprofit housing funds from operating on a national scale; most banks get another year to implement CECL; PNC chief William Demchak plans to enter more markets and more from this week’s most-read stories. [more]
Tags: Bankruptcy Blogs, BankThink, Branch management, CECL, Down payments

Paid in Full in Bankruptcy and the Unwary Creditor

07/19/2019 If it sounds too good to be true, it probably is. But does that age-old maxim apply to a bankrupt customer offering to pay you 100% of your unsecured claim through a “prepackaged” bankruptcy or under a critical vendor program? The answer can be complicated. Partner Eric Wilson and senior associate [more]
Tags: bankruptcy, Bankruptcy Blogs, BankruptcyLawInsights

Credit performance stabilizes at Synchrony

07/19/2019 After rising between 2016 and 2018, the card issuer's charge-off rates are now steady. The trend reflects both the impact of tighter underwriting standards and the continued resilience of U.S. consumers. [more]
Tags: , Bankruptcy Blogs, BankThink, Capital One, credit cards, Credit quality, Earnings, Economic indicators, Margaret Keane, paypal, Synchrony, Walmart

Who says bank advisers can't get along with robos?

07/19/2019 Lenders have learned that automated wealth management tools enhance financial advisers' interaction with clients and can bring in more business. [more]
Tags: , Automated investing, Bankruptcy Blogs, BankThink, Digital banking, Investment technology, In|Vest Conference, Robo advisors, UBS Wealth Management, Wells Fargo

Senior House Republican proposes credit reporting changes

07/19/2019 A bill by Rep. Patrick McHenry, R-N.C., would give the CFPB authority to oversee cybersecurity efforts at the credit bureaus. [more]
Tags: , Bankruptcy Blogs, BankThink, CFPB, Credit Reporting, Cyber security, Data breaches, Equifax, House Financial Services Committee, Patrick McHenry

Despite outcry, Congress unlikely to block Facebook's crypto plan

07/19/2019 Lawmakers from both parties strongly criticized Libra this week, but largely steered clear of proposals to stop it. [more]
Tags: , Bankruptcy Blogs, BankThink, Cryptocurrencies, Data privacy rules, facebook, finance, Finance, investment and tax-related legislation, House Financial Services Committee, investment and tax-related legislation, Libra, Maxine Waters, Patrick McHenry, Senate Banking Committee, Sherrod Brown