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

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Yes, Failures Really Are Slowing

With failures down, the FDIC chief should focus on getting banks off its problem list and back to building a prosperous economy.

Unclaimed Funds Database Available on The Court's Web Site

Jon, Please let the world know about this via your Blog! Thanks! Scott http://ecf-ciao.cacb.uscourts.gov/unclaimedfunds/ Hon. Scott C. Clarkson United States Bankruptcy Judge Ronald Reagan Federal Building and Courthouse 411 W. Fourth Street Santa

Feedback: Yes, Failures Really Are Slowing

The failure rate, and the loss-given-failure rate, have been steadily declining for over a year. The FDIC's chief focus now should be how to get those 800-plus banks off of the problem bank list and back to being prosperous partners in economic

Feedback: Yes, Failures Really Are Slowing

The failure rate, and the loss-given-failure rate, have been steadily declining for over a year. The FDIC's chief focus now should be how to get those 800-plus banks off of the problem bank list and back to being prosperous partners in economic

Proposed QRM Rule is Too Restrictive

Draft regulations on the qualified residential mortgage exemption risk pushing worthy homeowners out of the market.

Proposed QRM Rule is Too Restrictive

Draft regulations implementing the Dodd-Frank Act's risk retention requirements for residential mortgages, in their current form, run a very serious risk of having a negative impact on those who strive to become safe and sustainable homeowners.

Second Circuit Rules for Insured in D&O Coverage Case

The extent of D&O insurance coverage was the subject of an important decision by the Second Circuit in MBIA Inc. v. Federal Ins. Co., et al. decided on July 1, 2011. The insured, MBIA, Inc. (“ MBIA”), was the subject of regulatory investigations by

Can Joint Bankruptcy Filing Claim Entireties Exemption When Spouses Have Separate Debts?

I interviewed a married couple wanted to file joint Chapter 7 bankruptcy. Each spouse had separate credit cards and no joint unsecured debt. They have assets owed jointly free and clear of debt. My first thought was that their joint...

Injured Giants Fan to Play Role in Dodgers Bankruptcy

Reuters Bryan Stow, the San Francisco Giants fan brutally assaulted outside Dodger Stadium on Opening Day, will play a role in the Los Angeles Dodgers’ pending bankruptcy case. Representatives of Stow, who suffered brain damage in the attack, were

New York City School-Bus Operator Files for Bankruptcy

School-bus operator USA United Fleet Inc.—one of the biggest providers of transportation for New York City’s public-school children—turned to bankruptcy court for a little breathing room after hitting a series of financial potholes. The Staten Island