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Many hope Gitmo detainees will help town

People who live in the northern Illinois town of Thomson are happy that Guantanamo Bay detainees could soon be transferred to a correctional facility there. See original here: Many hope Gitmo detainees will help town

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Britain is forcing breakups of bailed-out major banks

Royal Bank of Scotland, Northern Rock and Lloyds will sell parts of their firms amid a call in Europe for smaller and more institutions to boost competition and avoid the too-big-to-fail scenario. The British government announced Tuesday that it would break up parts of major financial institutions bailed out by …

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Britain to create three new retail banks: reports (AFP)

AFP – Britain’s government is to create three new high street banks from bailed out lenders Royal Bank of Scotland, Lloyds Banking Group and Northern Rock, according to media reports. The rest is here: Britain to create three new retail banks: reports (AFP)

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Split of Northern Rock expected in 2010

LONDON (Reuters) – The European Union will on Wednesday approve Britain’s plan to break up failed bank Northern Rock, paving the way for a split in early 2010 and the eventual sale of parts of the bank, a source familiar with the situation said. View post: Split of Northern Rock …

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10th Circuit Allows Hanging Paragraph Claims

A panel of the 10th Circuit on May 19 said a lender was entitled to pursue claims against two groups of debtors related to the surrender of vehicles under the Hanging Paragraph of the Bankruptcy Code.

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LexisNexis Goes Hollywood at 2008 NACBA Convention, May 15-18!

Hi, TopForm guru Ronke Majekedunmi and I will be representing LexisNexis editorial and forms content teams at the 16th Annual Convention at the Renaissance Hollywood Hotel in sunny Hollywood, California. We will be manning the booth with our seasoned sales staff from May 15-18. If you are attending the convention, feel free to come on by to browse our publications and view our spectacular demonstrations of the latest LexisNexis print, online, software, public records, offerings, including the ne

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Bankruptcy in the Blogosphere

Here’s what’s happening on some of the Top Blogs:   Bankruptcy and Restructuring Blog has a post on the Seventh Circuit’s decision in

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