2015-10-14
Vehicle Impounded In Record Numbers During the last 10 days, I have seen a huge uptick in the number of Chicago residents who have had their vehicles impounded.
Read More from: David M. Siegel | Chicago Bankruptcy Law
2015-10-14
“[T]he automatic stay is automatic as applied to a debtor because that is what the statute says.
As to non-debtors, it is relief that is available, but it is not automatic.”
– Judge Brian M. Cogan (E.D.N.Y.), August 20, 2015
Read More from: Business Finance & Restructuring News - Weil
2015-10-14
This week marks the fourth anniversary of the "Durbin amendment," a defective law directing the Federal Reserve to impose price-controls on debit interchange fees.
Read More from: BankThink
2015-10-14
Two-and-a-half years after President Obama signed the Jumpstart Our Business Startups (JOBS) Act, tens of millions of average investors are still waiting for an opportunity to invest in private securities via equity crowdfunding.
2015-10-14
Fears of a tech bubble and China swoon are not slowing the pace of investment into venture capital (VC)-backed companies so far this year, as VC funding surged to $98.4 billion through the third quarter, already exceeding all of 2014.
2015-10-14
Further to the review of pre-pack administration sales (“pre-packs”) by Teresa Graham CBE last year (the findings of which were published in the “Graham Report” and discussed in one of our earlier blogs,
Read More from: Squire Patton Boggs
2015-10-14
Employees of Relativity Television are expected to stay on at the division once the sale of the company goes through, Daily Bankruptcy Review
Read More from: WSJ.com: Bankruptcy Beat
2015-10-13
Upcoming Committee Formation Meeting: October 20, 2015 at 10:30 a.m.
Case Name: Malibu Lighting Corporation, et al.
Case Number:15-12080 (KG)
Read More from: Bankruptcy and Restructuring Law Monitor
2015-10-13
Cases analyzing rights under indentures – and the transactions holders and issuers contemplate (or not) under indentures – continue to gain attention in the restructuring world. Some of those cases involve section 316(b) of the Trust Indenture Act (
Read More from: Business Finance & Restructuring News - Weil
2015-10-13
If you have watched the A&E reality show “Duck Dynasty”, you have seen Uncle Si with his trademark plastic cup filled with sweet iced tea and jug filled with the same on standb
Read More from: Bonds & Botes, P.C.
2015-10-13
The scope and extent of debts that may be discharged is an often litigated issue in bankruptcy. In a recent Chapter 13 case in the U.S.
Read More from: Michigan Bankruptcy Blog
2015-10-13
Assignees, Chapter 11 debtors, Chapter 7 Trustees, Receivers, and Secured Creditors exercising their right to sell collateral under Article 9 of the Uniform Commercial Code each have a duty to maximize sale proceeds.
2015-10-13
Recently, the Tenth Circuit considered a case involving the question of whether the U.S. Supreme Court’s decisions in Travelers Casualty & Surety Co. of America v. Pacific Gas & Electric Co., 549 U.S. 443 (2007) and in Law v.
Read More from: Creditors' Rights
2015-10-13
To better serve millennial mortgage customers, lenders would be helped by understanding how the "fear of missing out" mentality drives this generation's consumer culture.
Read More from: BankThink
2015-10-13
Receiving Wide Coverage ... Is Staley the Choice of Barclays? Barclays will name Jes Staley its chief executive, as yet another former JPMorgan Chase banker is tapped to lead a financial-services institution.
Read More from: BankThink
2015-10-13
Wire Company Holdings, Inc. (d/b/a New York Wire) and Wire Property Holdings, LLC filed chapter 11 petitions before the United States Bankruptcy Court for the District of Delaware on October 8, 2015 (lead case number 15-12097-LSS).
Read More from: Delaware Bankruptcy Litigation
2015-10-13
Parties continue to skirmish over the sufficiency of the “cram-down” interest rate required to confirm a Chapter 11 plan over a secured lender’s objection.
Read More from: Squire Patton Boggs
2015-10-13
Colt Defense LLC is looking for approval of a deal that would let it access $50 million once it leaves bankruptcy, Daily Bankruptcy Review
Read More from: WSJ.com: Bankruptcy Beat