kdavis's blog

Last week, the Attorney General for the state of New York announced she had filed a lawsuit against nine student loan debt relief companies, a financing company, and two individuals who have leadership roles in these companies.  The lawsuit was filed in New York Supreme Court.  According to the lawsuit, the defendants used fraud and deception, as well as illegally advertised and so

The U.S. Department of Housing and Urban Development (HUD) has accused Facebook of enabling housing discrimination.  According to HUD, Facebook allows property owners and landlords to discriminate against prospective tenants and buyers on the basis of race, color, religion, familial status, national origin, disability or other factors.

Valentine’s Day might look a little different next year.  The plant that manufacturers Sweethearts candy closed suddenly last week.  Round Hill Investments, LLC abruptly shut down the New England Confectionery Company, or Necco, plant in Revere, Massachusetts.  Necco has been the oldest continuously operating candy company in the United States.  In addition to the beloved Sweethearts candy, the company also makes Mary Jane and Squirrel Nut Zippers candy, among

Pacific Gas & Electric (PG&E) has warned California lawmakers that it may need to file a bankruptcy if the company is found liable for the wildfires that ravaged parts of California in 2017.

May 29 is National College Savings Plan Day.  529 plans are tax advantaged savings plans that are designed to encourage saving for future costs of high education.  529 plans are legally known as “qualified tuition plans.”  They are sponsored by states, state agencies, or educational institutions.  The name comes from the fact that the savings plans are authorized by Section 529 of the Internal Revenue Code.

Political consulting firm Cambridge Analytica announced last week that it was planning to cease its operations and file for bankruptcy.   The announcement follows growing concerns of its business practices and its work during the 2016 presidential campaign.

The Consumer Financial Protection Bureau (CFPB) has two sets of new amendments to its RESPA and TILA mortgage servicing rules that will go into effect on April 19. One set of these amendments affects borrowers who are in or have been in bankruptcy.

For my generation, no middle school trip to the mall was complete without a visit to Claire’s to pick up some jewelry, gifts, or maybe even get your ears pierced.  In fact, Claire’s says it has pierced more than 100 million ears around the world!  Last week, the company became the last retailer to file for Chapter 11 bankruptcy.

After much speculation, one of the largest American manufacturers of ammunition and firearms, Remington Outdoor Company, announced that it is planning to file bankruptcy in the state of Delaware. Remington has reached a Restructuring Support Agreement with creditors that will be effectuated through a reorganization plan filed in a Chapter 11 bankruptcy.

The largest oil refinery on the East Coast has filed for bankruptcy. Philadelphia Energy Solutions LLC is the owner of the biggest oil refinery that serves the New York Harbor diesel and gasoline market. The company filed for Chapter 11 bankruptcy protection on Sunday, January 21.