ABI Blog Exchange

Senior Care Centers Cases Illustrate Fine Line Between Complex and Small Business Cases

“One pill makes you larger And one pill makes you small….”— “White Rabbit” by Jefferson Airplane Senior Care Centers Inc., a chain of skilled nursing facilities, accomplished the feat of filing once as a complex chapter 11 case in 2018 (“First Case”)

American Express debuts digital checking for small businesses

Avoiding Liens On Residence: Homestead Exemption vs. Preserving For Estate vs. Tax Lien (Hutchinson v. Salven)

By: Donald L Swanson Here’s a new and interesting opinion from the Ninth Circuit Court of Appeals: Hutchinson v. Salven, Case No. 19-60065 (filed 10/19/2021). The opinion involves these facts: the IRS files a $162,000 tax lien for penalties against

New CFPB chief vows tough oversight of big tech, large banks

IRS reporting plan ‘on life support,’ but banks not celebrating just yet

FIS’s Worldpay replaces PAX terminals over security concerns

Crypto crackdown is ‘tip of the iceberg’ as CFTC seeks more powers

DeFi protocol Cream Finance loses $130 million in latest crypto hack

'Lots of good' will come from open banking: Citi’s innovation chief

New York Community says Flagstar deal won’t close until 2022

NCUA grants third federal charter of 2021

New Hampshire Federal Credit Union names next CEO

Capital One backs away from efficiency target as spending rises

Hawaii banks' outlook tempered by threat of new travel restrictions

FHFA proposes new disclosure requirements for Fannie and Freddie

Smaller banks should know their strengths and play to them

Judge Jennemann rules that living in hotel where Debtors work does not result in loss of homestead in separate property

The trustee in In re Patel, 2021 Bankr. LEXIS 2897, Case No 6:18-bk-00036-KSJ (Bankr. M.D. Fl. 20 October 2021) had initially abandoned the property after discussing the residence situation at the 341 meeting, but then sought to withdraw the

Shocking Business Bankruptcy Law

Another quick announcement that I have posted a draft essay on some under explored intersections between big business bankruptcy and big shocks here. The abstract is short, yes, but so is the essay. It also discusses ice cream. Thanks for reading!

CFPB’s new leader is putting big tech on notice

Mobile banking startup notches key win in suit brought by East West Bank