2015-05-26
On May 26, 2015, continuing a springtime ritual for bankruptcy lawyers, the Supreme Court issued its latest “progeny of Stern” ruling on the adjudicative authority of the bankruptcy courts. In a 6-3 decision the Court held that “O
Read More from: Insolvency Insights
2015-05-26
By ensuring that all big-bank investors receive equal treatment in bankruptcy and looking for other ways to prevent short-term liquidity problems from becoming major financial crises, Congress can avoid the need to test the FDICÂ's ability to resolve
Read More from: BankThink
2015-05-26
The Roman Catholic Diocese of Gallup, N.M., which stretches across 55,000 square miles of northern Arizona and New Mexico, is seeking to sell 55 parcels of mostly vacant desert land to help fund a settlement with about 60 alleged victims of clergy se
Read More from: WSJ.com: Bankruptcy Beat
2015-05-26
The Roman Catholic Diocese of Gallup, N.M., which stretches across 55,000 square miles of northern Arizona and New Mexico, is seeking to sell 55 parcels of mostly vacant desert land to help fund a settlement with about 60 alleged victims of clergy se
Read More from: WSJ.com: Bankruptcy Beat
2015-05-26
The best-performing banks are those that continue to invest in growth, rather than those that fixate on containing expenses, writes Capital Performance Group's Kevin Halsey.
Read More from: BankThink
2015-05-26
In its recent opinion in Jerome Listecki, as Trustee of the
Read More from: Creditors' Rights
2015-05-26
Receiving Wide Coverage ... A Beautiful Mind: Tributes to John Nash were plentiful after the mathematician made famous by his depiction in the film "A Beautiful Mind" was killed in an taxi accident this weekend.
Read More from: BankThink
2015-05-26
Medical device maker IMRIS Inc. has filed for chapter 11 bankruptcy protection with a buyout offer from secured lender Deerfield Management Co.
Read More from: WSJ.com: Bankruptcy Beat
2015-05-25
Per the Star-Telegram:May 20, 2015By Sandra Baker Longtime Fort Worth oil firm Duer Wagner III Oil & Gas has succumbed to falling oil prices and filed for bankruptcy protection, the second Fort Worth firm do so in the past few months.Duer Wagne
Read More from: The COMI
2015-05-25
Robo, or automated, investment advising is a new trend in the financial advisory space. Recently, AIMkts.com explored the rise of this type of investment service that large investment houses are starting to offer to the investing public.
2015-05-23
Per Reuters:Fri May 1, 2015 12:47pm EDTBy Rania El Gamal and Reem ShamseddineDUBAI/KHOBAR, Saudi Arabia, May 1 (Reuters) - Saudi Arabia is restructuring the world's biggest energy company, Saudi Aramco, in a move apparently aimed at letting it operat
Read More from: The COMI
2015-05-23
Per www.globalinsolvency.com:Wed., May 20, 2015Administrators of the furniture arm of failed lender African Bank Investments said on Tuesday creditors were paid 14 percent of what they were owed by El
Read More from: The COMI
2015-05-23
Per www.globalinsolvency.com:Thu., May 21, 2015Russia on Wednesday demanded the timely repayment of all debts owed to it by Ukraine and accused Kiev of effectively preparing the way for default with a
Read More from: The COMI
2015-05-22
In the Boston Restaurant Associates, Inc. bankruptcy proceeding (Delaware Bankruptcy Case No. 15-11101), a formation meeting has been scheduled for Tuesday, June 2, 2015 at 10:00 a.m. (ET) at the J.
Read More from: Delaware Bankruptcy Litigation
2015-05-22
The Canadian and US courts have now ruled in the Nortel case.
Read More from: Credit Slips
2015-05-22
In this Dec. 3, 2014 file, photo, Kanye Wests attend the premiere of “Top Five” at the Ziegfeld Theatre in New York.
Read More from: WSJ.com: Bankruptcy Beat
2015-05-22
In this Dec. 3, 2014 file, photo, Kanye Wests attend the premiere of “Top Five” at the Ziegfeld Theatre in New York.
Read More from: WSJ.com: Bankruptcy Beat
2015-05-22
There are many fraudsters in jail today, including Bernard Madoff, Tom Petters, Jeffrey Skilling, Bernie Ebbers, Lou Pearlman, and Martin Frankel. But fraud remains live and well. Take the case of Mark Malik, who was recently accused by the SEC of
2015-05-22
A recap of the informed opinions (and the discussions they generated) on BankThink this week, including the merits and drawbacks of Sen.
Read More from: BankThink