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Understanding antitrust laws for credit managers

Written by Jamilex Gotay, senior editorial associate on . Posted in Advocacy, eNews. No Comments on Understanding antitrust laws for credit managers

The American Industrial Revolution, spanning the late 18th and 19th centuries, marked a shift from manual labor to industrialization, leading to the rise of big businesses and the formation of monopolies. This era also gave birth to antitrust laws aimed at preventing businesses from gaining too much power.

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The Senate leadership election that could shape the 2025-26 legislative agenda

Written by Ash Arnett on . Posted in Advocacy, eNews, Government. No Comments on The Senate leadership election that could shape the 2025-26 legislative agenda

While the outcome of the election, and which party is in control of the House, Senate and Presidency, is justifiably the main focus of the general public, for Washington insiders, there is a critical election coming up later in November that will have almost as much impact—who will replace Mitch McConnell as the next leader of the Senate GOP. Three Senators are actively running for the position: John Thune (SD), John Cornyn (TX) and Rick Scott (FL).

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NACM Board approves bylaw amendment

Written by Communications Team on . Posted in Advocacy, eNews. No Comments on NACM Board approves bylaw amendment

Three months ago, the NACM Board of Directors proposed a comprehensive amendment to the bylaws of the national organization. At its meeting yesterday, the NACM Board voted to adopt the amendment. The final step in the amendment process is to provide 30 days for members to object to the Board’s actions. If no objections are raised, the amended bylaws will go into effect in mid-October.

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A big win for creditors of small business debtors

Written by Communications Team on . Posted in Advocacy, eNews. No Comments on A big win for creditors of small business debtors

The “big” win: In a decision that helps balance Subchapter V’s pro-debtor provisions, the U.S. Court of Appeals for the Fifth Circuit recently held that the Bankruptcy Code’s exceptions to discharge apply to a corporate Subchapter V debtor with a nonconsensual plan (even though the exceptions do not apply to corporate debtors in “traditional” Chapter 11 cases). In doing so, the Fifth Circuit joined the only other Circuit-level court to address the issue (the U.S. Court of Appeals for the Fourth Circuit), bucking what appeared to be a growing trend among other, non-Circuit-level courts that...

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