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28 U.S.C. §1471(b) (1976 ed. Supp.) While the new courts were denominated adjuncts of the district court, they were in practice free standing courts. The expanded jurisdiction was to be exercised primarily by bankruptcy judges. The bankruptcy judge would continue to be an Article I judge, who was appointed for a set term.
The early 1980s saw a recession along with high interest rates, which stressed both thrift and other banking institutions considerably. [7] Negative net interest margins, due to the low interest earned on assets with high deposit interest expenses needed to retain deposits, caused a wave of thrift failures between 1981 and 1983. [1]
It expanded quickly, though, increasing to $761 million insured in 1980. [7] It continued to grow through the 1980s, enabled by loosened state and federal laws. [7] Between the mid-1970s and early-1990s, several state-chartered, privately operated insurance entities failed, beginning with Mississippi in 1976, then Nebraska and California in ...
Lincoln Savings and Loan Association was founded in Los Angeles as a California chartered savings & loan in 1925. [1]Through the early 1980s, Lincoln was a conservatively-run enterprise, with almost half its assets in home loans and only a quarter of its assets considered at risk. [2]
Matthew McConaughey is looking back on some of the more unique facets of his "small town" upbringing. “I was born in a little small town, Uvalde.” the award-winning actor, 55, told tennis pro ...
The filing was made in bankruptcy court in the Southern District of Texas, according to court documents obtained by CBS News. ... in party supplies and was founded in the mid-1980s, has more than ...
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"The Early History of English Bankruptcy". University of Pennsylvania Law Review. 67 (1): 1–20. doi:10.2307/3314453. JSTOR 3314453. Treiman, Israel (1927). "Escaping the Creditor in the Middle Ages". Law Quarterly Review. 43: 230. JSTOR 1333915. Reports. Report of the Commission on Bankruptcy Laws of the United States, H.R. Doc. No. 93-137, 93d.