ABI Blog Exchange

Fourth Circuit’s recent decision In re Cleary Packaging, LLC, 2022 WL 2032296 (4th Cir. June 7, 2022) holds that in certain Subchapter V cases the statutory exceptions to the bankruptcy discharge will apply to corporate debtors

The Fourth Circuit’s recent decision In re Cleary Packaging, LLC, 2022 WL 2032296 (4th Cir. June 7, 2022) holds that in certain Subchapter V cases the statutory exceptions to the bankruptcy discharge will apply to corporate debtors. An article at

Samsung Pay, a pioneering mobile wallet, gets a makeover

How a former Adidas exec is transforming BECU

6 reasons banks are monitoring overdraft fees

Gillibrand-Lummis crypto bill ignores the lessons of history

Nonbanks made the majority of purchase mortgages in 2021

BNP Paribas shows interest in buying ABN Amro

One Way to Get Ready for Recession: Bankruptcy

Get Ready for a Recession Michelle Singletary in Wednesday’s Washington Post writes about getting ready for a recession. Two pieces of her advice: clear your credit card debt; and start saving. Suppose the recession hits hard ten months from now

CIBC leans on U.S. commercial banking, wealth to drive gains

Lessons from Recent Cryptocurrency Bankruptcy Case: Cred, Inc.

Given the recent media coverage and growing concerns among investors over the risks associated with a bankruptcy filing of a cryptocurrency exchange, it feels timely to highlight some issues that arose in the Chapter 11 cases of Cred Inc. and certain

Canadian digital lender, eyeing U.S. market, sees upside in market downturn

California Approves Commercial Financing Disclosure Regulations

On June 9, the California Office of Administrative Law (OAL) approved the Department of Financial Protection and Innovation’s (DFPI) proposed commercial financing disclosure regulations issued pursuant to SB 1235. The regulations will become

FTC Captures $2.7 Million in Restitution from Small Business Financer

On June 2, the FTC was granted a federal court order permanently barring a merchant cash advance operation and its owner from engaging in further deceptive practices and granting restitution to the customers the company harmed. The defendants offered

Crypto lobbyist will run for New York seat in House

Citi creates new role for its ex-chief compliance officer

Associated Banc-Corp recruits two Huntington executives for top posts

Plaid, Royal Bank of Canada reach data sharing agreement

How a Virginia credit union is revamping its bill and loan pay features

M&T Bank’s chief operating officer to retire next year

For banks, Fed’s aggressive rate hike cuts both ways