ABI Blog Exchange

New Chapter 11 Filing – SAS AB

On July 5, 2022, Scandinavian airline SAS AB, along with several affiliates, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Case No. 22-10925), reporting $10 to $50

New Chapter 11 Filing – SAS AB

On July 5, 2022, Scandinavian airline SAS AB, along with several affiliates, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Case No. 22-10925), reporting $10 to $50

U.S. Supreme Court will decide whether the failure to obtain a stay of a bankruptcy court order approving a sale or “integral” to a sale prevents any appeal

By Jeffrey C. Toole July 5, 2022 The U.S. Supreme Court has agreed to decide an important issue affecting asset sales and lease assignments in bankruptcy cases – namely, whether … The post U.S. Supreme Court will decide whether the failure to obtain

Can § 363(m)’s Appeal Protections Be Waived? (Mall v. Transform)

By: Donald L. Swanson Is the § 363(m) limit on appeal of a sale order “subject to waiver”? That’s the essential question before the U.S. Supreme Court in MOAC Mall Holdings LLC v. Transform Holdco LLC, Case No. 21-1270 (certiorari granted June 27

Lenders anxiously await Fed’s proposed guidance on Libor transition

Credit Card Debt: Is Bankruptcy The Answer? Part Two

I am a week late with this follow-up as I wanted to post about the Chapter 13 debt limit being raised. So here we go! 4. Talk to your credit card issuer (I deal with the first 3 here) I suppose it does not hurt... The post Credit Card Debt: Is

Pressure from commercial depositors is arriving faster than expected

Mediator Insights: Receptivity and Resolution (Part 2)

As noted in my prior article, receptivity is being open to listening and accepting new information, ideas, or suggestions. In the context of mediation, receptivity is often the key to resolution (i.e., settlement). Receptivity is also the core focus

The companies at the forefront of real-time payments

Fed regional banks seek new presidents amid calls for reform

Weekly News – July 1

Toys R Us bankruptcy lawsuit could shake up private equity Big movements in Credit Markets Catching a falling knife… Time is ripe to snap up bargains, says debt investor Howard Marks Russia Defaults Russia defaults on foreign debt for the first time

BofA pledges $40 million to help CDFIs finance health clinics

Toronto-Dominion Bank explores takeover of U.S. brokerage Cowen

Klarna discussing valuation cut to $6 billion from $45.6 billion

CFPB terminates Payactiv’s sandbox approval order

FTX US signs option to acquire BlockFi for up to $240 million

Investors to wealth managers: What should I do with this crypto I own?

Latest banking news

U.S. enlists banks' help to keep military tech out of Russian hands

Supreme Court blow to EPA authority could strengthen banks' legal standing