Thu.Feb 25, 2021

Remove 2021 11
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“Diminishing” Returns: A Pre-Petition Change of Life Insurance Beneficiary is Not Subject to Avoidance as a Fraudulent Transfer

PBWT

11] When the debtor exercised that right prior to the petition, “neither the ownership of the [insurance policy] nor the right under the policy to change the beneficiary designation was transferred.” Harrison , 2021 BL 61665 at *7 (Bankr. 22, 2021). [2] 3] Harrison , 2021 BL 61665 at *4-5 citing 11 U.S.C. §

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

Burr Forman

The clearing and settlement process was front and center at the House Financial Services Committee’s February 18, 2021 hearing over the GameStop (NYSE: “GME”) short-squeeze and Robinhood’s pause in GME trading. Studies have shown an integrated settlement model could provide an 11% reduction in the volatility component of NSCC margin.

Trade 52
article thumbnail

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

Burr Forman

The clearing and settlement process was front and center at the House Financial Services Committee’s February 18, 2021 hearing over the GameStop (NYSE: “GME”) short-squeeze and Robinhood’s pause in GME trading. Studies have shown an integrated settlement model could provide an 11% reduction in the volatility component of NSCC margin.

Trade 40