As part of our efforts to bring you the latest information on restructuring and bankruptcy issues, we at the Bankruptcy Blog are rolling out a new series called “What We’re Watching.”  Once a month, we will preview to our readers the cases on appeal that we are monitoring.  We’ll be sure to post updates periodically with the latest developments on those appeals.  Below are some of the issues on appeal that have caught our eye this month:
Executive Benefits Agency

Receiving Wide Coverage ...

Aw Mom, JPMorgan Again? Yes, kids, but today's meatloaf is spicy. Broadridge, the firm counting JPMorgan shareholder votes on the resolution to sever the CEO and chairman jobs, has stopped providing running tallies to the investors sponsoring the proposal, the Times reports. Broadridge says it did so at the behest of SIFMA, the Wall Street trade group, whose members are the firm's clients. SIFMA told the Times that "one of its working...

Goldman Sachs Group Inc. beat out Fortress Investment Group LLC for the right to lend Arcapita Bank up to $350 million that would ease the Bahraini investment firm out of Chapter 11 bankruptcy. Read the Daily Bankruptcy Review article here.
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Arcapita’s bankruptcy is highlighting a bigger transparency issue in the Persian Gulf, Middle East Real Time reports.
According to Bloomberg Tribune Co. ’s chief executive said it was premature to speculate over potential purchasers of the company’s newspapers.

The automatic stay in bankruptcy may feel like a children’s game, but the protections it offers are serious business.
You file for bankruptcy with the expectation that your creditors are going to buzz off. They can’t call, write or in any way ask you to pay a pre-bankruptcy debt.
There are some exceptions to the rule, but for the most part you’re persona non grata.
But as with anything else, there are rules to follow when it comes to the automatic stay.
Notice, Notice, Notice
The law provides that the only way a creditor or collector can get in trouble for violating the automatic stay is if they have notice of your bankruptcy filing.
Without notice, the creditor can’t get in trouble – it’s chalked up to an “oops” moment.