ABI Blog Exchange

Finding the Flaws in IRS Tax Liens

Tax liens in bankruptcy sometimes don’t stand up to close scrutiny, to the delight and profit of bankruptcy debtors. I was reminded of two such instances by the excellent presenters at the NACBA 2021 Workshop. Lien perfection follows state law The

A Primer on Proofs of Claim and Objections to Claims

I. Filing the Claim A proof of claim is a relatively simple form filed in a bankruptcy case which could result in recovery of anywhere from a small percent of your client’s debt to millions of dollars. In recent years, Debtor’s lawyers, Trustees, and

Synovus will close 15% of its branches next year

U.K. expects to recover up to $2.7 billion of COVID loan fraud

Restructuring Foreign Companies in England Using a Restructuring Plan

A restructuring plan may well be a very effective way of restructuring a foreign company. It has several advantages over a scheme of arrangement and with a relatively low entry threshold, the English court has already sanctioned at least one plan for

Can State Law Place A Limitation On The Federal Arbitration Act? (Fast Auto v. Maldonado)

By: Donald L Swanson Currently before the U.S. Supreme Court on a Petition for writ of certiorari is Fast Auto Loans, Inc. v. Maldonado, Case No. 21-31 (Petition filed 7/7/2021). The Question In Fast Auto v. Maldonado, the question is this: Can state

ARE YOU HAVING TROUBLE PAYNG RENT?

ARE YOU HAVING TROUBLE PAYNG RENT? YOU CAN GET HELP Apply For Up To $25,000 In Rental Assistance The Illinois Rental Payment Program (ILRPP) provides financial assistance for rent to income-eligible Illinois renters and their landlords who have been

Is FDIC jumping the gun in freeing banks from consent orders?

Sandia Laboratory Federal Credit Union names new CEO

Payments networks poised to spend big to fight e-commerce fraud

New Chapter 11 Filing – Strike, LLC

On December 6, 2021, Strike, LLC of Woodlands, TX filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas (Case No. 21-90054) along with several affiliates. In a press release

New Chapter 11 Filing – Strike, LLC

On December 6, 2021, Strike, LLC of Woodlands, TX filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas (Case No. 21-90054) along with several affiliates. In a press release

Car Repossession Laws in New Jersey

If you are struggling with your monthly bills, you are probably also dealing with collection phone calls and threatening letters. While you are working hard to meet these obligations, a lender could take action to repossess your property. When you

Why BM Technologies is buying a bank instead of partnering with one

OCC warns of high corporate debt levels, commercial real estate risks

19th Anniversary Gala video

Getting back to business

Beyond Xbox: Citizens expands point-of-sale relationship with Microsoft

U.S. consumers are anxious. Bankers need to understand why.

Half of all global financial assets need tighter rules, BIS says