2015-07-17
The reforms to the Council Regulation (EC) 1346/2000 on insolvency proceedings and their impact on cross-border insolvency have been well documented. By contrast, the European Commission’s recommendation on “a new approach to business failure and in
Read More from: Business Finance & Restructuring News - Weil
2015-07-17
The Federal Reserve System has embarked on a project of exploring the possibility of faster retail payments in the United States. A similar move has occurred with the UK Payments Council.
Read More from: Credit Slips
2015-07-17
An April file photo of 50 Cent at the Okecie airport in Warsaw, Poland. The 40-year-old rapper filed for bankruptcy this week.
Read More from: WSJ.com: Bankruptcy Beat
2015-07-17
An April file photo of 50 Cent at the Okecie airport in Warsaw, Poland. The 40-year-old rapper filed for bankruptcy this week.
Read More from: WSJ.com: Bankruptcy Beat
2015-07-17
Financial monitoring is one of the most effective ways to identify human traffickers. That's why it's crucial that banks work closely with law enforcement officials to put a stop to this criminal activity.
Read More from: BankThink
2015-07-17
Baha Mar Ltd., the bankrupt developer of a $3.5 billion unopened resort in the Bahamas, will go before two courts Monday—one in the U.S. and one in the Bahamas.
Read More from: WSJ.com: Bankruptcy Beat
2015-07-17
Baha Mar Ltd., the bankrupt developer of a $3.5 billion unopened resort in the Bahamas, will go before two courts Monday—one in the U.S. and one in the Bahamas.
Read More from: WSJ.com: Bankruptcy Beat
2015-07-17
A judge on Thursday handed a win to Dish Network Corp. Chairman Charlie Ergen and the company’s board of directors in a shareholder lawsuit over Dish’s 2013 bid for bankrupt wireless venture LightSquared.
Read More from: WSJ.com: Bankruptcy Beat
2015-07-17
A judge on Thursday handed a win to Dish Network Corp. Chairman Charlie Ergen and the company’s board of directors in a shareholder lawsuit over Dish’s 2013 bid for bankrupt wireless venture LightSquared.
Read More from: WSJ.com: Bankruptcy Beat
2015-07-16
Sam Wyly’s wife, Cheryl, wipes his coat as the pair walk into court in Manhattan on May 6, 2014.
Read More from: WSJ.com: Bankruptcy Beat
2015-07-16
Sam Wyly’s wife, Cheryl, wipes his coat as the pair walk into court in Manhattan on May 6, 2014.
Read More from: WSJ.com: Bankruptcy Beat
2015-07-16
Although almost all of an individual debtor’s assets become property of the estate upon a bankruptcy filing, certain exceptions exist to the rule at both the federal and state level. In some jurisdictions, funds held for a debtor in retirement plans
Read More from: Business Finance & Restructuring News - Weil
2015-07-16
As we discussed in two prior posts, on June 15, 2015, a 6-3 Supreme Court held in the Chapter 11 case of Baker Botts, L.L.P. v.
Read More from: Plan Proponent
2015-07-16
Blythe Masters scores one for women in the boardroom, the Fed's Sarah Bloom Raskin is leading a campaign to declassify cyber security info for banks, and Yellen is still at odds with Congress Â-- but at least "the ecomomy doesn't stink."
Read More from: BankThink
2015-07-16
A recent CFPB study lays the groundwork to roll back financial firms' use of arbitration clauses. But rather than protecting consumers, such a measure could wind up forcing people into costly and time-consuming lawsuits.
Read More from: BankThink
2015-07-16
Series: Securities Law 2015
2015-07-16
Wall Street's favored bank-resolution strategy would virtually guarantee future bailouts while imposing the costs on taxpayers and ordinary investors. At the very least, the damage can be mitigated with three key reforms.
Read More from: BankThink
2015-07-16
In a July 2015 case the Chapter 7 Trustee sold a house that was underwater with three liens, and received a carve-out from the lender that held the second and third
Read More from: Georgia Bankruptcy Blog