ABI Blog Exchange

Why the U.S. and Europe trail China in central bank currency race

Can You File For Bankruptcy to Avoid Paying a Judgment?

Filing for bankruptcy is one option people have for handling debt or restructuring payments they are struggling to make. Unlike working directly with creditors, bankruptcy affords an individual or couple legal protections on both the state and

Mastercard works with startups to ease use of cryptocurrencies

Is DOJ Supporting the Purdue Pharma Plan? Or Not?

The Department of Justice appears to be mumbling out of both sides of its mouth in the Purdue Pharma bankruptcy. On July 19, DOJ filed a " statement" regarding the release of the Sacklers. Not an "objection," but a statement that sure reads a lot

Enforcing Agreements To Mediate And To Arbitrate (Garcia v. ISS Facility)

By: Donald L Swanson Agreements to mediate and agreements to arbitrate are both enforceable and effective. But how they are used together, when they overlap, can get tricky. That’s illustrated by the case of Garcia v. ISS Facility Services, Inc., et

File Bankruptcy To Get Your Michigan Driver’s License?

From a question last week, yes, if your driver’s license is suspended for an unpaid judgment arising out of using a motor vehicle, filing bankruptcy can get your license back. Of course, you should not be driving without insurance in the first place

House Judiciary Testimony on Chapter 11 Abuses

I'm testifying before the House Judiciary Committee on Wednesday at a hearing entitled "Confronting Abuses of the Chapter 11 System." My written testimony can be found here. It touches on six topics: Non-debtor releases Judge-picking Lack of

Small banks face bigger threat to overdraft fees this time around

MUFG hires exec to lead diversity, inclusion efforts

The security risks lurking for banks still using mainframes