ABI Blog Exchange
Enron seems like ancient history but the Second Circuit has just issued an important decision in an Enron appeal confirming that the redemption of commercial paper made through DTC is entitled to the Bankruptcy Code § 546(e) exemption for “se
Summary
As soon as the Third Circuit issued its decision in In re Owens Corning, 419 F.3d 195 (3d Cir.
Summary
It is all about the rent.
The cap on debit interchange may be final, but the political fight isn't over. Make sure cardholders (voters!) understand and are repeatedly reminded they are paying for Congress's price controls.
New York’s highest court yesterday reinstated a $5 billion lawsuit brought by a group of banks, including Bank of America and Wells Fargo, against insurance giant MBIA. ABN AMRO Bank, et al. v. MBIA Inc., et al., — N.E.
Taylor West saw that the Martian-sounding word "interchange" went over the heads of small business owners who could be rallied to a cause. If only bankers grasped the power of language so well.
The Florida Supreme Court’s expanded debtor’s $4,000 wildcard exemption earlier this year giving debtors substantially more exemptions to apply to their cars and personal property.
We’ve all heard stories about lottery winners ending up in bankruptcy court, so it’s interesting to hear a twist on the usual saga.
Ben Franklin once said, “you may delay, but the Eleventh Circuit will not,” or it might have been, “you may delay, but time will not.” Whatever the quote was, two creditors in Winn-Dixie’s recent chapter 11 proceedings, IRT Partners and Equi
On Thursday, the Supreme Court in a 5-4 decision ruled in Stern v.