Technology

Polaroid Enlists a Pop Star

Associated Press

Polaroid, which saw sales suffer amid the decline of instant film, has apparently found its own a

Visa Does Not Issue Cards or Extend Credit.

The Union Station Metro station in DC is plastered with Visa ads. Currency of Progress, Visa is a Payment Technology Company, etc. But among the ones that was featured was this beauty: One rarely sees such a defensive ad. When...

Judges Examine the Murky Standing of MERS

This year we have learned a lot about the mortgage industry. We have learned about mortgage securitization trusts who couldn't find the note. There have been more cases about debtors emerging from chapter 13 only to be hit with years of undisclosed fees and charges. Earlier this year, I wrote about the problems faced by a firm who claimed that their legal technology system would not let them speak directly to their client. However, one of the big trends this year was courts asking "Who is MERS and why are they filing motions for relief from the automatic stay?"

The Daily Docket: Thomson SA Seeks U.S. Creditor Protection

Thomson SA, the French technology and media services company that is seeking to restructure its multibillion dollar debt load, has filed for Chapter 15 bankruptcy protection in the U.S., The Wall Street Journal reports.

Chrysler Bankruptcy Now Official

Chrysler had a deadline of April 30, 2009, to form an alliance with Fiat SpA and qualify for further U.S. aid.  Fiat said they will form an alliance with Chrysler even if they file bankruptcy.  But, no one will say if Chrysler will file.  During this last week, Chrysler has almost accomplished a set of goals from the U.S.

Bankruptcy Hearings Come to Your iPod

Last summer we had news of a pilot project in which audio recordings of bankruptcy hearings were going to be posted online, as .mp3 files, so that those who didn’t attend a court hearing (either in person or telephonically) can listen to what went on. Its a pilot project now. Three bankruptcy courts and two district courts are supposed to be participating. Since getting the news, I have been checking to find an audio file for a hearing which has been posted on the internet.