ABI Blog Exchange

Live Oak completes conversion to cloud-based Finxact core system

Litigious People Are Going to Litigate—And Mediation Can’t Change That Fact (In re Butko)

By: Donald L Swanson The opinion is In re Butko, Case No. 20-21255 in the Western Pennsylvania Bankruptcy Court (decided 2/10/2021, Doc. 91). Litigious Parties The parties have been at it for awhile. You know the history is bad, when a Court opinion

Might PBA Creditors Take a Lesson From the Black Widow?

Mark Weidemaier and Mitu Gulati We’ve had lots of interesting responses to our earlier post on debt restructuring shenanigans engaged in by the Province of Buenos Aires. Many on the creditor side are miffed. Two issues raised by these responses

Liberals are unhappy with Fed's Powell, but that may not faze White House

Fyre Festival Attendees To Recover Nothing From Bankruptcy

The New York Post reveals that lawyers have collected a mere $1.4 million for the attendees of Fyre Festival after 4 years of trying to collect funds. After subtracting the funds for the legal team, attendees are to split $300,000. This will leave

Our Emotional Ups and Downs Were Frequent, and Her Patience Was Unwavering!

“We highly recommend Diane Drain IF you are looking for the educated, knowledgeable, honest and transparent (and very fairly priced) attorney! ” P.R. We had recently relocated to Arizona from the Chicago area when we realized we had to face up to our

Why Are Creditors OK With The Province of Buenos Aires’ Dodgy Use of Exit Amendments?

Mitu Gulati and Mark Weidemaier For the most part, the financial press has not scrutinized the details of the ongoing restructuring by the Province of Buenos Aires (PBA), which is nearing completion. The details are worth considering. Some aspects of

What can an investment bank teach us about American power?

How Long Can You Stay on Social Security Disability Benefits in Pennsylvania?

The application process for Social Security Disability benefits in Pennsylvania is long, frustrating, and difficult. Many people assume that once they have been approved and are receiving Social Security Disability Insurance (SSDI) benefits, they

Humanizing the Customer Experience: Why do credit unions and challengers lead the pack?