2015-02-18
Encouraging the financial industry to explore faster payments is all well and good. Effectively directing it to do so, however, is beyond the Fed's authority.
Read More from: BankThink
2015-02-18
Receiving Wide Coverage ... Swiss Search HSBC Offices: Geneva public prosecutors launched what appeared to be a surprise raid on HSBC's Swiss offices Wednesday morning as part of a criminal probe into the bank's alleged money-laundering misdeeds.
Read More from: BankThink
2015-02-17
MBS investors suffered a serious legal blow a couple of months back when the Second Circuit held that the Trust Indenture Act of 1939 doesn't apply to MBS.
Read More from: Credit Slips
2015-02-17
The Fifth Circuit decided five bankruptcy cases over the past two months.
Read More from: A Texas Bankruptcy Lawyer's Blog
2015-02-17
This post was originally published in the American Bar Association Young Lawyer Division Bankruptcy Committee Winter 2015 Newsletter. (c) 2015 by the American Bar Association.
Read More from: Delaware Bankruptcy Litigation
2015-02-17
In a recent ruling, the Ninth Circuit held that a seller was liable under the law of fraudulent conveyance to the bankruptcy trustee for the portion of the purchase price funded by a company controlled by the buyer, which was actually a Ponzi scheme,
Read More from: Insolvency Insights
2015-02-17
“And it’s too late, baby now, it’s too late,
Though we really did try to make it.”
- Carole King, It’s Too Late
Read More from: Business Finance & Restructuring News - Weil
2015-02-17
Big banks have only grown larger and more complex since the financial crisis, and there is reason to doubt the efficacy of measures aimed at preventing the risk of another taxpayer bailout.
Read More from: BankThink
2015-02-17
Major Events It takes a lot for some people to take action. It takes a major event sometimes before someone will pick up the phone and seek help. Sometimes it’s in the form of a lawsuit served by a Sheriff to the front door.
Read More from: David M. Siegel | Chicago Bankruptcy Law
2015-02-17
In its recent opinion in Aviva Life and Annuity Company v. White (In re: Millennium Multiple Employer Welfare Benefit Plan), 772 F.3d 634 (10th Cir.
Read More from: Creditors' Rights
2015-02-17
The confirmation hearing for attorney general nominee Loretta Lynch suggested a shift in legislators' attitudes toward banks.
Read More from: BankThink
2015-02-17
The Securities and Exchange Commission announced in October, 2014 that it brought a record of 755 enforcement actions, a 10 percent leap from 2013’s 686.
2015-02-16
If the debtor-tenant seeks to terminate and surrender the lease, that is “reject it”, the landlord may be entitled to a “rejection damage” claim. A landlord is not entitled to the full amount of unpaid obligations for the balance of the lease. Inst
Read More from: Delaware Bankruptcy Litigation