ABI Blog Exchange

Arbitration Clause As Executory Contract: Rejecting In Bankruptcy To Forestall Arbitration? (Highland Capital v. Dondero)

By: Donald L Swanson Bankruptcy Court denies a motion to compel arbitration, because the arbitration agreement is a rejected executory contract. This appears to be a new and outlying theory for denying arbitration of bankruptcy disputes. The opinion

One Month To Student Loan Payments Resuming

Repent! The end is near! Prepare for the end of student loan relief. Effective January 31, 2022, Good Student Loan News? Not. temporary student loan forbearance due to the Covid-19 pandemic will disappear, and federal student loan payments will

BMO Financial had coveted Bank of the West ‘for years,’ CEO says

Community banks developing a lower-cost Zelle alternative

Why fintechs are blocking transactions from other fintechs

CFPB, DOJ issue warning for mortgage servicers about military families

Avadian Credit Union buying Citizens State Bank in Alabama

Treasury says new law only way to fully contain stablecoin risks

Car Repossession Laws in Pennsylvania

When someone’s vehicle is repossessed, they are usually facing other financial difficulties. Losing your primary mode of transportation could make it impossible to deal with your other economic problems. Below we look at Pennsylvania repossession law

First Hawaiian CFO resigns for personal reasons

Two Houston credit unions to merge

Sign of the times: Salvation Army now takes Venmo, crypto and more

Zelle is surprise lightning rod in CFPB's Big Tech inquiry

Bank risk managers aren't ready for wave of corporate credit defaults

StanChart hit with $61 million fine after spreadsheet error

Bank of Montreal strikes $16.3 billion deal for Bank of the West

10 developments that defined banking in 2021

Diane and Jay are extremely attentive and thorough

“ Diane and Jay are extremely attentive and thorough.” W.R. I want to thank you so much for assisting us in getting this squared away. Diane and Jay are extremely attentive and thorough in getting things taken care of. Merry Christmas W.R. The post

What Are Repo Companies Allowed to Repossess in Pennsylvania?

When someone falls behind on their car or truck payments, the thought of repossession usually enters their mind. Repossession occurs when a lender exercises its legal rights to take the property back that was used as collateral to secure a loan. Once

Fed approves First Citizens-CIT merger after long limbo