ABI Blog Exchange

New Chapter 11 Filing – Footprint Power

On March 23, 2022, Massachusetts-based Footprint Power Salem Harbor Development LP and certain affiliates, which operate a 674 MW natural gas-fired combined-cycle electric power plant in Salem, Massachusetts, filed a petition for relief under Chapter

New Chapter 11 Filing – Footprint Power

On March 23, 2022, Massachusetts-based Footprint Power Salem Harbor Development LP and certain affiliates, which operate a 674 MW natural gas-fired combined-cycle electric power plant in Salem, Massachusetts, filed a petition for relief under Chapter

Second Circuit Says: SBA Can Deny PPP Funds To Bankruptcy Debtors (Springfield v. SBA)

By Donald L. Swanson Here’s a vindication for the Small Business Administration’s discrimination against bankruptcy debtors: On March 16, 2022, the Second Circuit Court of Appeals reverses a Bankruptcy Court Order that prohibited the SBA from denying

PayPal suit poses broad threat to CFPB authority

The Role of the Independent Director in a Restructuring

The practice of appointing one or more independent directors to the boards of distressed companies has not only proliferated in recent years, but has become the subject of increasing controversy. In this episode of the Restructure THIS! podcast, John

Ameris Bancorp to join crowd curbing overdraft fees

Regional banks join forces to tackle climate change

Webinar Recording: The Conflict in Ukraine – Impact on Capitals, Markets and Boardrooms

On Tuesday, March 22, 2022, Squire Patton Boggs and the American Bankruptcy Institute hosted a webinar titled “The Conflict in Ukraine: Impact on Capitals, Markets and Boardrooms.” The webinar featured a distinguished panel of Squire Patton Boggs

Why Truist is working on a new community investment pledge

Wall Street’s average bonus jumped 20% to $257,500 last year

Okta says data leak came from breach of third-party customer support provider

U.S. fossil-fuel suppliers tie bank credit lines to climate targets

Prepaid cards have real value. Don't be fooled by isolated incidents.

BMO sets $2.1 billion share sale to finance Bank of the West deal

Global news roundup

Barclays is 'determined' to pump more money into renewables as war rages

Virginia's oldest bank enters a new market

Powell says digital dollar must ensure privacy, identification

UBS will allow some U.S. employees to work remotely full time

37% of Student Loan Holders Feel Less Able to Pay Due to Pandemic

Student Loan Programs Ending: Are Borrowers Able to Pay? After May 1, 2022, the pause on federal student loan payments and interest will come to an end. This student loan program went into effect to assist individuals financially affected by the