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Insolvency Service “reframes” view of creditor – IPs can apply their discretion (UK)

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Kyle Hauptman formally joins NCUA board

Hauptman said dealing with the economic fallout from the coronavirus was a top priority for the agency, along with aligning incentives and expanding the use of technology in the industry.

Banks play catch-up as customer shift to digital accelerates

The mobile banking and paperless habits bank customers picked up during the pandemic are here to stay, and financial institutions are working to strengthen their digital offerings, speakers at an American Banker conference said.

Bank regulators mull stricter rules for reporting of data breaches

It has been 15 years since the federal banking agencies issued guidance on an institution’s obligation to inform its regulator about a cyberattack. A proposal to be unveiled this week could establish a more specific notification deadline.

CEFCU chief to retire in May after 15 years at the helm

Matt Mamer will take over for Mark Spenny, who has helped Citizens Equity First Credit Union expand in several markets during his tenure.

Chase, Air Canada to launch cobranded Aeroplan card in U.S.

JPMorgan Chase is partnering with Air Canada, the bank's first new cobranded card partner to be announced in years.

Problems Paying Your Mortgage During COVID? – Check Out the Options

Are you financially stressed right now? What to know about options, from debt negotiation to bankruptcy This short video from the Consumer Financial Protection Bureau “CFPB” is actually very informative and goes over the various options for

Pennsylvania bank would more than double assets with first M&A deal

The $62.7 million merger of Linkbancorp and Gratz Bank would create a company with over $800 million of assets and nine branches stretching from Harrisburg to the Philadelphia suburbs.

Banks are good at updating tech for customers but need to do it for staff

Banks are good at updating tech for customers but need to do it for staff

Week ahead: Congress, NCUA in final sprint as year-end looms

Lawmakers and the credit union regulator have packed schedules this week as both groups attempt to wrap up their 2020 business before the holidays.

74 Law Professors Sign Letter in Support of the Consumer Bankruptcy Reform Act

Last week, Senator Elizabeth Warren (D-MA) and Representative Jerrold Nadler (D-NY) introduced the Consumer Bankruptcy Reform Act of 2020 (CBRA). As Slipster Adam Levitin detailed, the CBRA proposes a single chapter structure designed to streamline

New Chapter 11 Filing – BC Hospitality Group Inc.

On December 14, 2020, BC Hospitality Group Inc. d/b/a by CHLOE, a plant-based and vegan restaurant chain with locations in New York City, Boston, Los Angeles, Rhode Island, London, and Toronto, along with 19 affiliated entities filed petitions for

New Chapter 11 Filing – BC Hospitality Group Inc.

On December 14, 2020, BC Hospitality Group Inc. d/b/a by CHLOE, a plant-based and vegan restaurant chain with locations in New York City, Boston, Los Angeles, Rhode Island, London, and Toronto, along with 19 affiliated entities filed petitions for

Chapter 7 Trustee Janet Meiberger

Chapter 7 Trustee Janet Meiberger Janet Meiberger is one of the four Chapter 7 trustees in the Alexandria Virginia Bankruptcy court. When you file a bankruptcy case in Alexandria, the computer assigns you to one of the four trustees. Lawyers are

Some credit unions are spending more even as earnings tumble

Management teams are forging ahead with technology projects and bonuses for some employees despite a deep slide in net income this year.

Bob Gold & Associates Ranks #4 in Clutch Top Entertainment PR Agencies Leaders Matrix

December 7, 2020 Clutch.co ranks the top 15 companies in entertainment Public Relations with Bob Gold & Associates holding the #4 spot, based on clients & experience, market presence and professional reviews. Clutch now lists over 150,000 agencies

Huntington agrees to buy TCF Financial for $6 billion

The deal, announced late Sunday, would create a $168 billion banking company in the Midwest and be the latest in a string of regional bank combinations.

Commercial lending push at Black-owned banks gets results

The architects of two major loan deals featuring Black banks, one involving multiple lenders and a pro sports franchise and another backed by Citigroup, say more transactions like these are in the works.

The New Thing in Contract Research - The Contract Production Process

Cathy Hwang and Matt Jennejohn, two of the brightest young stars of the contract world, just put up a paper summarizing their view of one of the exciting new directions that contract research is taking. They describe it as the study of contractual

Juggling in Defense of the Tax Refund

As long as clients use tax withholding as a form of savings account, bankruptcy lawyers will have to juggle to protect that refund when bankruptcy looms. Limber up, and let’s look at a fact pattern I faced with a December client who needed to file

Fantastic SBRA Resource from Judge Bonapfel

As Credit Slips readers know, the Small Business Reorganization Act added subchapter V to chapter 11 of the Bankruptcy Code earlier this year. My go-to resource on subchapter V has been a thorough summary written by Judge Paul Bonapfel of the U.S