The OCC has now released its report on “debanking.” The OCC was unable to identify a single instance in which an individual’s account was closed on account of the individual ...

A lot of the debtor-creditor relationship can be characterized by creditors threatening to push debtors out the window and debtors threatening to jump. Ted Janger reminded me of this defenestration ...

In order for stablecoins to operate like money, there cannot be any issuer credit risk. Otherwise coins will be discounted based on the financial strength of the issuer. That will cause transactional ...

Judge Kaplan in Trenton has issued a significant, but troubling opinion on bankruptcy venue in the Multi-Color Corporation’s Chapter 11 that effectively blesses a blatant forum-shopping method of ...

Wally Miller, my bankruptcy professor at BU Law back in the 1990s, has passed away. He is quite directly the reason why I became interested in bankruptcy.

Judicial outcomes are determined by a variety of factors beyond precedent, statutory text, and other purely legal inputs. One factor, especially in cases involving foreign governments, is the ...

The Public Service Loan Forgiveness program has so far rejected roughly 99,000 out of 100,000 student loan borrower applicants. Poor Education Department oversight, poor contract design and ...

Multi-Color Corporation is not the only pending New Jersey bankruptcy case with something strange going on in the venue department. Eddie Bauer’s venue is very odd too. Eddie Bauer filed for ...

It’s publication day for my new book, Forgive Us Our Debts: How Black Churches Use Bankruptcy to Survive. If you were to pick up a copy, its back begins, “When American churches face financial ...

J&J’s at it again with a third talc bankruptcy filing, this time in SDTX. To paraphrase Marx, the first time was tragedy, the second time farce, and now the third time is fubar. Why fubar? tl;dr is ...

I shudder even as I write these words, but I’m increasingly fascinated by insurance contracts. If you are interested in the processes by which standard form contracts evolve – which I am — then you ...