Payday Loan Rule Rollback Consistent with CFPB’s New Anti-Regulation Pro Industry Mission
The Consumer Financial Protection Bureau (CFPB) is considering rolling back payday and title loan regulations designed to protect consumers from dangerous debt traps. Considered part of America’s democratization of credit, payday and title loans are offered by a multi-billion-dollar industry that is growing at a rate that far exceeds the rest of the financial services [...]
Detroit's population was over 1.8 million residents in 1950, and it held the fifth spot on the list of America's most populous cities. That was the peak of the city's population. In fact its population has seen a decline in...
At the height of the Great Depression, US President Franklin Roosevelt requested legislation to aid Americans in times of economic need. On August 14, 1935, Roosevelt signed the Social Security Act into law. The original Act provided benefits to workers...
A federal bankruptcy judge on Sunday approved the sale of assets held by General Motors (GM) to a new, government-backed company. Judge Robert Gerber of the US Bankruptcy Court for the Southern District of New...
In re: General Motors Corp. et al, US Bankruptcy Court, Southern District of New York, July 5, 2009 . Reported in JURIST's Paper Chase here. Latest commentary...
US Supreme Court Justice Ruth Bader Ginsburg on Monday ordered a temporary stay of the pending sale of Chrysler Group assets to Italian automaker Fiat . The stay allows ...
US automaker General Motors (GM) filed for Chapter 11 bankruptcy protection Monday. The proceedings will be handled by Judge Robert Gerber of the US Bankruptcy Court for the Southern District of New York [official...
Federal bankruptcy judge approves sale of Chrysler assets to Fiat
A federal bankruptcy judge on Sunday approved the sale of most of the assets currently held by Chrysler Group to Italian automaker Fiat S.p.A. . Judge Arthur Gonzales of the US Bankruptcy Court for the Southern District of...
Supreme Court's review of Chapter 11 channeling injunctions may affect auto company reorganizations
Warren E. Agin : "The Travelers Indemnity v. Bailey case addresses a difficult question faced in numerous large Chapter 11 cases, whether a bankruptcy court has the power to issue a channeling injunction as part...
David Stockman , former director of the US Office of Management and Budget during the Reagan administration, was charged Monday with conspiracy to commit securities fraud and making false statements. The indictment...
