March 27, 2017

Consumer Bankruptcy Fee Study

I have just finished reading Lois Lupica’s paper on her impressive consumer bankruptcy fee … [Read more...]

Top Economists: Iceland Did It Right… And Everyone Else Is Doing It Wrong

Iceland Shows the Way Nobel prize winning economist Joe Stiglitz notes: What Iceland did was right. … [Read more...]

Exit Consents Killed in England?

The English High Court just ruled in Assenagon Asset Management S.A. v. Irish Bank Resolution … [Read more...]

The Awesome Pari Passu Hearing

The Second Circuit argument in NML v. Argentina was awesome--I was at the edge of my seat the whole … [Read more...]

6-Minute Pixar Video | How the 99% Finally See, End 1%’s Obvious Crimes

Pixar Animation Studios averages making more money per film than any other film studio. Perhaps the … [Read more...]

FHFA-OIG REPORT | Fannie Mae and Freddie Mac: Where the Taxpayers’ Money Went

Fannie Mae and Freddie Mac: Where the Taxpayers’ Money Went U.S. government intervention protected … [Read more...]

California Foreclosure Laws Need Homeowner Bill of Rights

  My regular readers will likely remember past articles in which I stated that we would not win this … [Read more...]

Sovereign Restructuring after NML v. Argentina: CACs Don’t Make Pari Passu Go Away

A remarkable number of people are buying the creditors' argument that widespread introduction … [Read more...]

Massachusetts First State to Require Creditors to Validate Consumer Debts

Massachusetts first state to require creditors to validate consumer debts On March 2, 2012, the … [Read more...]

Ability-to-Repay Rule for Mortgages Nears CFPB Approval

Ability-to-Repay Rule for Mortgages Nears CFPB Approval Richard Cordray wants lenders to adhere to … [Read more...]

Pari Passu: So Passe! (Extractive Edition)

Felix Salmon stays with the Argentina pari passu saga, about which I wrote here. The holdout … [Read more...]

Sit Back and RadLAX

I'm having trouble getting excited over RadLAX going before SCOTUS.  Ronald Mann has … [Read more...]

Pari Passu Party (on behalf of Anna Gelpern)

This is Adam Levitin posting for Anna Gelpern.  Only the awful illiterative post title is mine. … [Read more...]

Great news: Le Bailoutte de Peugeot avec Le US Taxpayer Francs

When your own losses aren't enough. Americans sunk tens of billions of dollars into General Motors … [Read more...]

At Last, A Credible Threat of Default: Too Little-Too Late Eupdate?

At long last, Greece is starting to resemble a normal restructuring--you know, the kind where the … [Read more...]

Consumer Friendly Forms for Bankruptcy

In many respects, bankruptcy is a one-size-fits-all legal process. Yes, there are ample differences … [Read more...]

The GM & Chrysler Success

During the State of the Union address, the President crowed about the success of the GM/Chrysler … [Read more...]

Greek Gunboat Diplomacy Eupdate and More ECB/EFSF

Someone who wanted to be very mean to the Germans just leaked this document, where they manage to … [Read more...]

The Crisis of Fake Constraints: Greek Denouement Eupdate

Unless Greece and its creditors reach a deal in the next few days, Greece has no money to pay €15 … [Read more...]

Maryland Courts Require More Proof in Debt Collection Cases, Ringing in Some Debt Collection Cheer

In many states, a creditor or debt collector can easily obtain a default judgment with just a … [Read more...]

NPR Reports that Debtors’ Prisons Are Alive and Well

Although debtors' prisons are illegal across the country, you can apparently still end up in … [Read more...]

Beacon Power follows Solyndra into bankruptcy

$43 million down the tubes. At the end of last month, I wrote about Beacon Power, a green-tech … [Read more...]

Is Fraudulent Transfer in Joe Paterno’s Playbook?

No, fraudulent transfer isn't a fancy football term for a fake handoff.  That's a bootleg. … [Read more...]

See the Wreckage and the Damage Done

I've been remiss about cross-posting my Dealbook columns, but my two most recent (here and … [Read more...]

Greece may cancel referendum, government teeters

Trading one uncertainty for another? If George Papandreou wanted to impress his creditors with … [Read more...]

A Tale of Two (More) Bankruptcies

It was the greenest of times, it was the reddest of ink. Stop me if this sounds familiar.  The … [Read more...]

Your Government Prefers Chapter 13

Today, I went looking for the court costs payable by chapter 13 debtors who wants to convert their … [Read more...]

Your Government Prefers Chapter 13

Today, I went looking for the court costs payable by chapter 13 debtors who wants to convert their … [Read more...]

Our D-Word: Ecuador, Not Greece

In the inane and insane case the United States does skip a debt payment, please let us skip the … [Read more...]

In Re Harris- Massive Class Action Lawsuit Names Ben Ezra and LPS

The street fighters that are out there fighting these battles every day are making headway, but … [Read more...]

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