ABI Blog Exchange

Bank earnings to spotlight rising interest rates — and costs

New Chapter 11 Filing – Ruby Pipeline

On March 31, 2022, Ruby Pipeline, L.L.C., a Houston-based operator of a 680-mile natural gas system from Opal, Wyoming, to interconnections near Malin, Oregon, filed a petition for Chapter 11 relief in the Bankruptcy Court for the District of

New Chapter 11 Filing – Ruby Pipeline

On March 31, 2022, Ruby Pipeline, L.L.C., a Houston-based operator of a 680-mile natural gas system from Opal, Wyoming, to interconnections near Malin, Oregon, filed a petition for Chapter 11 relief in the Bankruptcy Court for the District of

What I expect from President Biden’s Fed nominees

Largest credit union deal for a bank delayed a third time

April Fools: Winding Up Petitions Set to Increase, Is this a Wind Up?

From today (1 April), creditors can present a winding up petition without (a) having to give 21 days to the debtor company to make proposals to pay, and (b) being owed a debt(s) of £10,000. Given that all temporary restrictions and processes have now

Bankruptcy Code Exemption Amounts Increased April 1, 2022

Most people who file a NJ Chapter 7 Bankruptcy get to keep all or almost all of their assets. What property can be kept is determined by bankruptcy exemptions. Bankruptcy exemptions determine what property you can keep. The Bankruptcy Code Section

Bankruptcy Code Exemption Amounts Increased April 1, 2022

Most people who file a NJ Chapter 7 Bankruptcy get to keep all or almost all of their assets. What property can be kept is determined by bankruptcy exemptions. Bankruptcy exemptions determine what property you can keep. The Bankruptcy Code Section

Zoom 341 Meetings Coming Soon

The Covid/19 pandemic has changed how we work forever, and bankruptcy practice is no exception. Just two years ago this is what we did: We met most new clients in person during office meetings. Most cases were signed in person. An 80-page bankruptcy

CFPB’s questions to banks suggest new frontiers in fair-lending scrutiny

March 2022 Ponzi Scheme Roundup

Posted by Kathy Bazoian Phelps Below is a summary of the activity reported for March 2022. The reported stories reflect at least 15 new Ponzi schemes worldwide, 4 guilty pleas, more than 30 years of prison sentences, and an average age of

Demos Group 1

FCC blacklists popular Russia-based security software firm Kaspersky

What issuers and fintechs should know about Amazon's Chase deal

Lawmakers spar over government intervention in overdraft

NCUA issued ban to former Newark Firemen Federal Credit Union employee

NCUA's proposed succession mandate draws concern of overreach

CIBC plans to reduce emissions intensity of oil, gas loan book

Barclays hikes U.S. minimum wage to at least $20.50 in tight labor market

New Chapter 11 Filing – MD Helicopters, Inc.

On March 30, 2022, MD Helicopters, Inc. of Mesa, AZ filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 22-10263). The company is a helicopter supplier for military, law