What does a person moving to a different location factor in while looking for a new city to start afresh? According to a study by LendingTree, the likelihood ...
Read More »Potestivo & Associates, Appoint Supervising Bankruptcy Attorney
Rochester, Michigan-based law firm, Potestivo & Associates, P.C., has announced the appointment of Brenda Likavec, as Supervising Bankruptcy Attorney in their Chicago office. Likavec joined the team of ...
Read More »Ditech Dodges Bullet in Walter Bankruptcy
Walter is hoping to shed debt with a reorganization, and now Fitch has weighed in on whether the chapter 11 will affect subsidiary Ditech.
Read More »Regulators Dismiss 5 Big Banks’ Breakup Plans
The Federal Reserve and the FDIC have jointly determined that the 2015 resolution plans, or “living wills,” of five domestic systemically important financial firms are “not credible."
Read More »House Committee Approves Bill to Ease Large Firm Bankruptcies
The House Judiciary Committee approved bipartisan legislation aimed at speeding up the bankruptcy process and preventing taxpayers from taking the hit in the event of the failure of large financial institutions. The backers of the Financial Institution Bankruptcy Act say it will expedite the bankruptcy process with a speedy judicial review and quicker transfer of assets from the bank to a bridge company.
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