ABI Blog Exchange
It has been discussed for a long time but now the long-awaited changes to the security clearance process are here. An Executive Order (EO) was signed by the President on April 25, 2019 has transferred responsibility for security clearance background investigations from the Office of Personnel Management (OPM) to the Department of Defense (DOD) under a new entity called the Defense Counterintelligence and Security Agency (DCSA).
Read More from: Bonds & Botes, P.C.
Upcoming Committee Formation Meeting: Thursday, August 22, 2019
Case Name: 19-11791 (BLS)
Location: Delaware State Bar Association 405 King Street, 2nd Floor Wilmington, DE 19801
Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.
Cole Schotz does not represent the Debtors in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtors’ counsel.
Read More from: Bankruptcy and Restructuring Law Monitor
Upcoming Committee Formation Meeting: Thursday, August 22, 2019
Case Name: 19-11791 (BLS)
Location: Delaware State Bar Association 405 King Street, 2nd Floor Wilmington, DE 19801
Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.
Cole Schotz does not represent the Debtors in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtors’ counsel.
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
Avenue Stores, LLC, along with three affiliates, filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 19-11842). The Debtors report an estimated 1000-5000 creditors, and estimated assets of $50,000,001-$100 million and estimated liabilities of $100,000,001-$500 million. The cases have been assigned to the Honorable Laurie Selber Silverstein.
Cole Schotz does not represent the Debtors in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtors’ counsel.
Read More from: Bankruptcy and Restructuring Law Monitor
Avenue Stores, LLC, along with three affiliates, filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 19-11842). The Debtors report an estimated 1000-5000 creditors, and estimated assets of $50,000,001-$100 million and estimated liabilities of $100,000,001-$500 million. The cases have been assigned to the Honorable Laurie Selber Silverstein.
Cole Schotz does not represent the Debtors in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtors’ counsel.
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
The Financial Action Task Force’s recent guidance on data privacy regulations should serve as a warning to companies planning to test virtual currencies.
Read More from: BankThink
A senior official at the European Central Bank warned that banks embracing external data storage and other digital technology need to face the reality that those systems are inviting targets for hackers.
Read More from: BankThink
From: Acumen | OZY
By:
https://www.ozy.com/acumen/who-goes-bankrupt-in-america-increasingly-the-elderly/96096
Read More from: Shenwick & Associates
The president discussed the recent market turmoil with three large bank CEOs; a daily and a monthly bitcoin contract expected next month.
Read More from: BankThink
Professional Bank and Marquis Bank, both of Coral Gables, have been competing against each other for more than a decade. Now they are merging in hopes of landing larger clients and making better use of technology being developed in Professional's innovation lab.
Read More from: BankThink
Under a state proposal, annual percentage rates would have to be disclosed on nonbank commercial loans of $500,000 or less. Lenders' responses have been mixed depending on their business model.
Read More from: BankThink
Zombie Debts – How Debt Collectors are Tricking Consumers
Most states have ‘statute of limitations‘ which control the creditor’s or collection company’s rights, including whether they can sue on a debt.Can a debt come back from the dead? Yes, it is referred to as a ‘zombie debt’.
Read More from: Diane L. Drain - Phoenix Bankruptcy & Foreclosure Attorney
ITT Educational Services, Inc. to Pay $60 Million Judgment for Defrauding Students
ITT Accused of Unfair, Deceptive and Abusive Acts or Practices
Read More from: Diane L. Drain - Phoenix Bankruptcy & Foreclosure Attorney
(This post draws from my prior work with Joseph Blocher and the many conversations we have had about this topic over the years; he bears no responsibility for errors and sarcasm)
According to a flurry of news reports from the WSJ, CNN, Bloomberg, the NYT and many more, our eminent chief executive has an interest in the possibility of buying Greenland. Most reactions to this news of DJT’s latest whim have boiled down to incredulity, while also generating a fair amount of mirth (see here, here and here). What has interested us the most, though, are the articles that have concluded that the U.S. cannot buy Greenland. Bloomberg’s Quick Take ran the title – “Can Trump Actually Buy Greenland – The Short Answer is No”.
Read More from: Credit Slips
ZSuite Technologies digitizes a number of services that banks provide to landlords.
Read More from: BankThink
Robert G. Cameron, a former official at the Pennsylvania Higher Education Assistance Agency, will succeed Seth Frotman as the bureau's point person on student lending complaints.
Read More from: BankThink
Deutsche Bank overhaul plan will put taxpayers and the financial system at risk; the San Antonio company names three women to key technology positions; issuers like Chase and Citi need to think beyond traditional card options; and more from this week's most-read stories.
Read More from: BankThink