ABI Blog Exchange

2020-04-09
*The following post contains spoilers for the Netflix documentary Tiger King.* Keri Ebeck, Esq.Partner at Bernstein-Burkley Ray Wendolowski, Esq.Partner at Bernstei-Burkley The only thing people have been talking about over the past few weeks is t

Read More from: Bernstein-Burkley, P.C.

2020-04-09
Critics who argue this crisis mirrors the 2008 financial panic when Congress bailed out banks have it wrong. The new relief package in response to the coronavirus pandemic was necessary to save livelihoods, and more can be done.

Read More from: BankThink

2020-04-09
The letter K is for the stuff you keep through bankruptcy. The cartoon image of someone going through bankruptcy has them wearing a barrel instead of clothes.

Read More from: The Soap Box

2020-04-09
The Fed's actions are designed to ensure the flow of credit to midsize businesses and state and local governments hit hard by the economic impact of the coronavirus pandemic.

Read More from: BankThink

2020-04-09
The Federal Reserve and other regulators are planning to grant a sweeping capital break for banks providing loans to small businesses as part of the government's response to the coronavirus-fueled economic crisis.

Read More from: BankThink

2020-04-09
The bank will be allowed to exceed the limit to enable it to make more small business loans; the CEOs of HSBC and StanChart are also donating part of their pay to coronavirus victim charities.

Read More from: BankThink

2020-04-09
Upgrade's hybrid loan-card product can now be used without swiping as consumers and retail workers seek to minimize spread of novel coronavirus.

Read More from: BankThink

2020-04-09
This week the Small Business Administration (SBA) released guidance on two important topics of the Paycheck Protection Program: acceptable form of promissory note and required funding periods.

Read More from: Krieg DeVault

2020-04-08
With the government pumping trillions of new spending into the economy, experts are questioning the Federal Reserve's ability to keep prices stable.

Read More from: BankThink

2020-04-08
Closed showrooms, temporary bans on repossessions and a sudden spike in unemployment have dimmed the prospects of a sector that has boomed since the last recession.

Read More from: BankThink

2020-04-08
Third party releases have long been a controversial feature of certain chapter 11 plans. They are neither specifically allowed nor prohibited by the plain language of the Bankruptcy Code.
2020-04-08
The agency overhauled its system for the Paycheck Protection Program on Wednesday. Lenders hope it addresses the access issues and a crash that bedeviled the effort’s first week.

Read More from: BankThink

2020-04-08
A bipartisan group of lawmakers wrote in a letter to the Treasury secretary that the Financial Stability Oversight Council should create a liquidity facility to deal with a flood of forbearance requests brought on by the coronavirus pandemic.

Read More from: BankThink