Headlines
JPMorgan Chase & Co., Goldman Sachs Group Inc. and the world’s largest banks won rollbacks in final Dodd-Frank Act rules that promise to transform the private swaps market by increasing competition, Bloomberg News reported yesterday. The Commodity Futures Trading Commission voted 4-1 yesterday on rules determining how buyers and sellers must trade credit-default, interest-rate and commodity swaps in a $633 trillion global market. The rule weakened a proposal by...
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Moody's Investors Service said yesterday that Detroit's bondholders face a heightened chance of...
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Alabama's bankrupt Jefferson County yesterday hired a new top in-house attorney as officials put...
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A study of cancer patients in Washington State has found they were twice as likely to file for...
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An effort by creditors to force defunct investment vehicle TPG Troy into bankruptcy has fallen flat...
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Patriot Coal Corp. can pay $6.9 million in bonuses to key employees, a judge said, rejecting union...
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A decades-old whistleblower lawsuit that prompted Congress to change the law that is intended to...
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Holders of almost $240 million of municipal debt issued to finance parking garages at the new...
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The U.S. legal system is the world’s most costly, according to a study released this week by the U....
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The American Bankruptcy Institute is the largest multi-disciplinary, non-partisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues.The ABI membership includes more than 13,000 attorneys, auctioneers, bankers, judges, lenders, professors, turnaround specialists, accountants and other bankruptcy professionals...More...












