ABI Blog Exchange

JPMorgan Chase's 1Q profits surge despite weak loan demand

How PNC responded to customers' complaints about overdraft fees

Pandemic leads Sharonview FCU to rethink branch layout, features

CFPB fines debt-settlement firm SettleIt for abusive practices

CUNA Mutual pledges up to $1M in donations to WOCCU

Wells Fargo invests in more Black-owned banks

Banks crib fintechs' playbook to make customers better savers

N.C. Ct. of App.: Pangea Capital v. Lakian- Property Must be Residence for Homestead Exemption

Summary: Pangea obtain an arbitration award against Mr. Lakian, who, on that same day, transferred his interest in real property located in Highlands, North Carolina, to the Eagle Ridge Living Trust, for which he was a trustee. Following confirmation

W.D.N.C: Carter v. Capital One- Complying with IRS Levy is not Debt Collection

Summary: Ms. Carter brought suit against her bank, Capital One, for complying with an IRS levy by taking $1,279.41 from her account, arguing that Capital One had violated the FDCPA. Finding that “an obligation to pay that ‘arises solely by … W.D.N.C

CFPB sets stage for more enforcement. But what's the script?

Assets at Dow Chemical Employees' Credit Union pass $2 billion

5 ways the Paycheck Protection Program has evolved

CVB Financial in California hires new bank CEO

New Chapter 11 Filing – Automotores Gildemeister SpA

On April 12, 2021, Automotores Gildemeister SpA of Santiago, Chile filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Case No. 21-10685) along with several affiliates

New Chapter 11 Filing – Automotores Gildemeister SpA

On April 12, 2021, Automotores Gildemeister SpA of Santiago, Chile filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Case No. 21-10685) along with several affiliates

Gap, Synchrony to end two-decade card deal after talks faltered

Prepackage bankruptcy in Mexico

A debtor may file a petition to be adjudicated in bankruptcy in three ways: the ordinary petition, the prepackage petition, and the imminent general default petition. Bankruptcy adjudication is not automatic, and even in voluntary petitions, a

The ADR Spectrum: Subchapter V Adds A New / Unique ADR Role

By: Donald L Swanson Alternative dispute resolution (“ADR”) has always referred to the use of a neutral third party to help resolve disputes. But the recent addition of Subchapter V to the Bankruptcy Code has changed that. I’ll try to explain

Credit Suisse cuts bonuses; financial firms split on bitcoin

Bankruptcy Tidbits

The post Bankruptcy Tidbits appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.