ABI Blog Exchange

(UK) Insolvency litigation and funding—can the court limit relief to the amount required to place the company ‘on the cusp’ of solvency?

In PGD (in liquidation) Manolete Partners plc v Hope Mr Justice Zacaroli considered whether it was possible and/or appropriate to limit the quantum of relief granted in insolvency litigation to the amount required to pay the liquidation debts, costs

Cryptocurrency in Bankruptcy: Breaking It Into Small Bytes

By Kathy Bazoian Phelps July 24, 2022 This article covers the Who, What, Where and Hows of issues arising when cryptocurrency lands in a bankruptcy proceeding, with a particular focus on cryptocurrency exchanges and investment funds. Those who think

CFPB takes second bite at the apple with TransUnion lawsuit 

How to Avoid Dishonest Debt Collectors – video

Want to avoid dishonest debt collectors? Watch this video from FTC’s Consumer Advice By Joseph Ferrari, July 22, 2022 (reprint from FTC, Consumer Alerts) During Military Consumer Month 2022, the FTC is highlighting resources to help veterans and

Weekly News – July 22

Big Week: Earnings, Earnings, Earnings… YUUUUUGE Week: FOMC, FOMC, FOMC…. Your guess is as good as ours… Barclays credit call Barlcays credit call: On the edge of crisis Goldman on corporate credit The start of credit losses for banks? Bankruptcy

Regions’ approach to near-term loan growth: ‘Very cautious, very careful’

Umpqua expects Columbia merger to close in Q3

EIDL LOAN WORKOUTS AND BANKRUPTCY

EIDL LOAN WORKOUTS AND BANKRUPTCY Recently we have received many telephone calls and emails from clients regarding their default under EIDL Loans and EIDL Grants, from the SBA or related banks and their options with respect to those defaults. In the

Huntington reports solid credit and strong earnings growth

Latest banking news

7 mobile app features that will be essential to bank customers

Capital One pulls back on auto loans due to competitors' ‘aggressive’ prices

Amex bucks inflation fears as consumer and business travel soar

Nevertheless, FERC Persisted

When U.S. Sen Elizabeth Warren continued to speak at the confirmation hearing for AG Jeff Sessions after being cautioned by Majority Leader Mitch McConnell, it gave rise to the feminist slogan, "Nevertheless, she persisted." A new opinion from the

7 ways banks are responding to social and political change

SDNY Bankruptcy Court Prohibits a Court Appointed Claims Agent from Selling Direct Access to Creditor Claims Register Data to XClaim

In a matter of first impression relating to an important bankruptcy claims administration issue, Judge Sean H. Lane of the United States Bankruptcy Court for the Southern District of New York, recently denied the ability of a court appointed claims

WorldRemit parent Zepz names Bill.com executive Lenhard next CEO

Emissions reporting could help banks allocate capital more effectively

Can a small credit union take a bite out of Apple Pay's fees?

U.K. banks see suspicious reports triple since Ukraine invasion