2016-01-28
Daily, I speak to individuals who have borrowed money from a loan company and pledged their household goods as collateral. These loans are most often a
Read More from: Bonds & Botes, P.C.
2016-01-28
Paper maker Verso Corp. won support from creditors for a balance-sheet restructuring and also won interim approval for up to $775 million in bankruptcy financing.
Read More from: WSJ.com: Bankruptcy Beat
2016-01-28
Unless banks devote the same amount of investment as standalone incubators, the innovation labs launched by financial institutions will be a short-term fad.
Read More from: BankThink
2016-01-28
Liquid Holdings Group, Inc. (OTC PINK:LIQD), which provides cloud-based order, execution, and risk-management solutions to the global hedge fund and active trading markets, has commenced a case (Case No.
Read More from: Bankruptcy and Restructuring Law Monitor
2016-01-28
On January 26, 2016, the Delaware Bankruptcy Court denied Debtors Noble Logistics Inc., et al.’s (“Debtors” or “Noble Logistics”) motion for summary judgment on their objections to the claims filed by Richard Maximo individually, and on beha
Read More from: Delaware Bankruptcy Litigation
2016-01-27
“Love people and use money. Don’t love money and use people.” Joseph Prince
Read More from: Bonds & Botes, P.C.
2016-01-27
In a 5 page opinion released January 21, 2016 in the Trump Entertainment Resorts case (Bank. D. Del.
Read More from: Delaware Bankruptcy Litigation
2016-01-27
The combination of falling stock prices, higher-risk strategies and signs of worsening credit quality does not bode well for the industry's road ahead.
Read More from: BankThink
2016-01-27
The co-debtor stay applies in chapter 13 of the United States Bankruptcy Code and goes into effect immediately upon the filing of the case.
Read More from: David M. Siegel | Chicago Bankruptcy Law
2016-01-27
Recently, in SEC v. Miller, No. 14-4261-cv (2d Cir. Dec.
Read More from: Business Finance & Restructuring News - Weil
2016-01-27
Banks that prioritize structural changes in their compliance process will make risk frameworks more effective and sustainable over time.
Read More from: BankThink
2016-01-27
Receiving Wide Coverage ... AIG's Restructuring Examined: American Insurance Group released its plans Tuesday for a corporate restructuring aimed at appeasing restless investors, but already critics have begun to poke holes in the plan.
Read More from: BankThink
2016-01-27
Samson Resources Corp.’s interim chief executive is stepping down next month, Daily Bankruptcy Review reports via The Wall Street Journal.
Read More from: WSJ.com: Bankruptcy Beat
2016-01-26
In the absence of congressional action on housing finance reform, here is what the Federal Housing Finance Agency should do sooner rather than later.
Read More from: BankThink
2016-01-26
Nuo Therapeutics, Inc. (NUOT.PK), a biomedical company, has commenced a case (Case No. 16-10192) under Chapter 11 of the Bankruptcy Code by filing a petition with the U.S.
Read More from: Bankruptcy and Restructuring Law Monitor
2016-01-26
Yesterday’s post discussed the recent appellate ruling in S
Read More from: Business Finance & Restructuring News - Weil
2016-01-26
Lenders and secured creditors often require that debtor-customers direct all receivable collections into a lockbox, hoping to wrangle any available proceeds to apply to their debtors’ outstanding debt.
Read More from: Bankruptcy and Restructuring Law Monitor