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Tag Archives: filing

Supreme Court sides with bank on right to credit-bid at auction (access required)

Secured lenders must be allowed to credit-bid at an auction that would extinguish their interest in the collateral as part of a debtor’s Chapter 11 cramdown plan, the Supreme Court has ruled. The case involved a Chapter 11 bankruptcy filing ...

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SEC reviewing JPMorgan’s filings after $2B loss

WASHINGTON — Federal regulators are reviewing what JPMorgan Chase told investors about its finances and the risks it took weeks before suffering a multibillion-dollar trading loss. Mary Schapiro, chairman of the Securities and Exchange Commission, told the Senate Banking Committee ...

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October foreclosure filings down in U.S., Maryland

Foreclosure filings across the U.S. were down 4 percent last month from September’s figures, the online marketing group RealtyTrac has reported. The 332,172 foreclosure filings in October — one in every 389 housing units — are nearly the same number ...

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Nonprofits enter twilight zone

As many as one in five Maryland nonprofit businesses could be stripped of their tax-exempt status Friday because of filing rules that changed three years ago and caught some of them unawares. The Internal Revenue Service in June listed 6,788 ...

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