Financial Institutions, Bankruptcy Code, Banking Sector

The CFPB's Future is Unclear, but Its $42 Million Judgment Still Sends a Clear Message

Hudson Cook, LLP on 4/3/2025

If we could use only one word to describe the future of the Consumer Financial Protection Bureau, I think most of us would agree on the word "uncertain." However, one thing seems certain to occur as we wait to see what will...more

Current Issues Relating to Silicon Valley Bank Closure - Insights

Proskauer Rose LLP on 3/13/2023

Update 3/13/23: On March 12, 2023, Signature Bank was closed by New York State’s Department of Financial Services. Also on March 12, 2023, the Treasury, the Federal Reserve Board, and the FDIC jointly announced that...more

Cannabis, Cash, and Crime

Buchalter on 7/17/2018

ON OCTOBER 2, 2012, kidnappers robbed and abducted a marijuana dispensary owner from his Newport Beach home. They then drove him to the Mojave Desert where they tortured him and demanded that he reveal where he had buried his...more

The Year in Bankruptcy: 2017

Jones Day on 2/5/2018

The initial year of the Trump administration colored much of the political, business, and financial headlines of 2017, both in the U.S. and abroad. Key administration-related developments in 2017 included U.S. withdrawal from...more

Settlement Proceeds: When Does Cash Become Quasi Real Estate?

Troutman Pepper on 9/2/2015

Farmer v. Citizens Nat’l Bank of Athens (In re Davis), 528 B.R. 757 (Bankr. E.D. Tenn. 2015) – A chapter 7 trustee sought a court determination that the trustee had a superior claim to settlement proceeds arising from...more

"Lawmakers and Regulators Continue Focus on Strategies for Resolving SIFIs"

Skadden, Arps, Slate, Meagher & Flom LLP on 1/28/2015

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 contains two sets of provisions for managing the insolvency of financial institutions. First, the legislation creates an Orderly Liquidation Authority...more