Thu.Feb 25, 2021

Remove 2017 12
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“Diminishing” Returns: A Pre-Petition Change of Life Insurance Beneficiary is Not Subject to Avoidance as a Fraudulent Transfer

PBWT

” [12] Because the debtor retained ownership of the policy and the related rights – because his rights in the policy were the same both before and after the change – the estate was not “diminished” by the designation of his spouse as beneficiary. at *4-5 (citing 11 U.S.C. §101(54)(D); In re Whitley, 828 F.3d

Debtor 52
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DTCC Proposes Path to T+1 Settlement Cycle in Two Years

Burr Forman

The scale is immense: On March 12, 2020 alone, DTCC processed over 363 million equity transactions — 15% more than in October, 2008. As technological capabilities have improved, the industry has shortened the settlement process: From T+5 to T+3 in 2005, and to T+2 in 2017. So it also improves market liquidity and efficiency.

Trade 52
article thumbnail

DTCC Proposes Path to T+1 Settlement Cycle in Two Years

Burr Forman

The scale is immense: On March 12, 2020 alone, DTCC processed over 363 million equity transactions — 15% more than in October, 2008. As technological capabilities have improved, the industry has shortened the settlement process: From T+5 to T+3 in 2005, and to T+2 in 2017. So it also improves market liquidity and efficiency.

Trade 40