ABI Blog Exchange

US Bankruptcy Court Rules Celsius Deposits Belong to the Firm

US Bankruptcy Court Rules Celsius Deposits Belong to the Firm. This story can be found at the bitcoin website at https://news.bitcoin.com/us-bankruptcy-court-rules-celsius-deposits-bel… There ruling is bad news for people or companies

Ex-Citi banker Michael Klein expected to lead 9-figure payday in Credit Suisse deal

(UK) 2023: The Year of the Restructuring Plan?

It is difficult to predict what 2023 might hold for businesses in the UK. Given the difficult economic environment, many will already be facing a challenging start to the year. Although the challenges of the pandemic (such as lock downs) have gone

Goldman to cut about 3,200 jobs this week after cost review

Basel committee has outsize influence over American banks

Weekly News – January 6

Coming Soon: December 29: Bahamas says its seized $3.5 BILLION in FTX Crypto Assets December 30: Debtors say $3.5 BILLION is ACTUALLY $296 MILLION But wait… Bahamas responds… We give up! This is all batsh*t stupidity… DOJ comes in over the top and

Stipulated Dismissal: What Is It And Should You Sign It?

One of the common reasons for filing bankruptcy is to stop a lawsuit. However, what happens to a lawsuit or debt collection lawsuit when you file for bankruptcy relief? In most cases, the plaintiff files a stipulation of dismissal with the court

For community banks, fear of loan losses intensifies

When Can You File for Medical Bankruptcy in New Jersey?

When dealing with medical debt and creditors, individuals in New Jersey might feel at a loss. To address their medical debt once and for all, debtors can file for bankruptcy in New Jersey. If you have considerable medical debt in New Jersey, consider

Can You File for Bankruptcy in NJ with a Reverse Mortgage?

Filing for bankruptcy can seem intimidating to debtors, especially if they also have a reverse mortgage. Our attorneys can help you navigate bankruptcy so that you don’t your reverse mortgage agreement is unaffected. In many cases, debtors can file

Digital Currency Group closes wealth division amid trouble

Crypto panic at Silvergate spawns a new breed of bank run

CFPB's rulemaking agenda focused on bank fees

Lawsuits against JPMorgan, PNC test banks' liability in wire fraud cases

Latest banking news

Mastercard's plan to bring music to the metaverse

Digital-only Alliant Credit Union overhauls account-opening

Bed Bath & Beyond ("BBB") Warns of Potential Bankruptcy

The New York Times has an article that warns about a bankruptcy filing by Bed Bath & Beyond. The article can be found at https://www.nytimes.com/2023/01/05/business/bed-bath-beyond-bankruptcy… Landlords and creditors who are owed money by BBB

How the speakership drama in Congress threatens banks

Cross-border transactions can boost financial inclusion and equity