ABI Blog Exchange

Tax foreclosure sales of real estate can be fraudulent transfers

In Gunsalus v. County of Ontario, 37 F. 4th 859 (2d Cir, 6/27/22) the Second Circuit recently held that a deed issued pursuant to a New York real estate tax lien foreclosure can be attacked and set aside by a Chapter 13 debtor as a fraudulent

Push to give derivatives regulator more sway over crypto trading gains steam

Equifax says consumer credit scores changed in computer error

(UK) At What Point Should An Administrator Obtain Consent to an Administration Extension?

Not too early, is the warning from the recent case of E Realisations 2000 Limited. Background In this case, the administrators had sought consent early in the administration (2 months following appointment) at the same time that fee approval was

TD's all-of-the-above U.S. expansion strategy

Robinhood cuts 23% of staff in sweeping reorganization of online brokerage

Equifax sent banks wrong credit scores for consumers, WSJ says

Late payments rise among low-income auto, card borrowers: Report

Scammers can buy phishing software aimed at banks for $50 a month

Banks ask CFPB to crack down on data aggregators

Ford is Biden-era FDIC's first big ILC test

How tech aided a fourfold spike in deposits at HarborOne

Global Payments buying one business, selling another in B2B push

How Apple's iPhone point of sale fits into Adyen's payments mix

10 must-watch regulatory battles

Robinhood crypto unit fined $30 million by New York regulator

In a Case of First Impression, 11th Circuit Rules “New Value” Can Be Both Preference Defense and Administrative Claim

In Auriga Polymers, Inc. v. PMCM2, LLC, as Liquidating Trustee, No. 20-14647, 2022 WL 2800195 (11th Cir. July 17, 2022) ( click here for .pdf) the creditor, Auriga, received transfers of more than $2.2 million in the 90 days before the Debtor

TD to buy Cowen for $1.3 billion to bulk up capital markets

Citigroup is planning a hiring spree to add 500 people to its new wealth unit

UK’s Tax Authority Pledges Support for (only the best) Restructuring Deals

HMRC as the UK tax authority is often the largest creditor in any insolvency, but has not always been willing to engage in the process. This has caused viable restructuring proposals to fail for lack of support and this sometimes results in HMRC not