ABI Blog Exchange

Johnson & Johnson: A Bankruptcy Filed In Good Faith

By: Donald L Swanson Johnson & Johnson and its affiliates (“J&J”) have been selling baby powder for decades. Along the way, studies began showing that talc in J&J’s baby powder can cause ovarian cancer and mesothelioma. So, since 2016, over 38,000

Truist reckons with customer backlash after integration snags

Regulators omit climate change from updated flood insurance guidance

Dallas Fed names longtime New York Fed executive as next president

Google Wallet makes a comeback as a digital credential app

SoFi's spike in personal loans offsets weaker volume elsewhere

Crypto companies are turning to Bermuda as U.S. eyes crackdown

Is Trust a Necessity in Bankruptcy Negotiation and Mediation?

An oft-touted truism about both negotiation and mediation is that trust is critical to reaching an agreement. But is it? Parties typically come to mediation or engage in negotiation with a trust deficit. Perhaps parties feel wronged, betrayed, or

JPMorgan, Goldman exploited ‘loophole’ in Russia sanctions: Lawmakers

SubChapter V Bankruptcy for Small Business an Update

SubChapter V, the new small business chapter 11 bankruptcy is approximately 2 years old. Congress’s goal was to create a less costly form of reorganization for small businesses. For many small businesses, Chapter 11 filings were too expensive

5 ways the biggest US banks are managing climate change

Bank of Idaho to purchase five branches in Washington state

Keynova gives Bank of America high marks for online banking

Chopra's expansive vision for CFPB authority is facing industry pushback

Credit card tech startup Deserve inks $250 million Goldman-led credit facility

Four Minnesota credit unions join forces to capture more commercial loans

Cook confirmed as first Black woman to serve on Fed board

Why there’s a unified movement to cancel student loans but not credit card debt or mortgages?

Why there’s a unified movement to cancel student loans but not credit card debt or mortgages? Very interesting article discussing this topic at CNBC at https://www.cnbc.com/2022/05/10/why-theres-a-push-to-forgive-student-lo…

Contractual Ambiguity (or Not) Tested in Sears

Late last week, the District Court for the Southern District of New York provided a reminder of the importance of precise drafting. In Transform Holdco LLC v. Sears Holdings Corp. et. al., CV-05782, Doc. 20, the contractual question at issue related

Connecticut slaps fintech Solo Funds with cease-and-desist order