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8 Aug 2008, 10:03 pm
This case summary comes to us courtesy of Maura Burke, one of our firm's summer associates. [read post]
In a Chapter 7 action, the court appoints a trustee to collect the debtor’s non-exempt assets, reduce some to cash, and make distributions to creditors as provided in the Code. [read post]
24 Mar 2011, 12:05 pm
I spoke yesterday to a good friend who told me that he's doing a fair number of strip-down Chapter 13s for his clients who twist his arms, but he's also aware that with 1.4 million new trustee's sales and mortgage foreclosures on the way, the strip-down that happens in five long years may well do the debtors little real benefit. [read post]
27 Mar 2009, 5:15 am
  So held the First Department in this case, with respect to General Electric Company: We have held that a contract of liability insurance is "governed by the law of the state which the parties understood was to be the principal location of the insured risk ...'" (Certain Underwriters at Lloyd's, London v Foster Wheeler Corp., 36 AD3d 17, 22-23 [2006], affd 9 NY3d 928 [2007]), that "where it is necessary to determine the law… [read post]
8 Feb 2008, 12:59 am
Mellon Financial Corp. et al"In light of the preplanned immediate termination of plaintiff-employee after the sale of his division, defendant's subsidiary, he did not receive a 'job offer' that meets the Sale of Business' exception in defendant's displacement plan. [read post]
7 Sep 2019, 4:00 am by Public Employment Law Press
Curtis studied journalism at Boston University's College of Communications and Columbia University's Graduate School of Journalism. [read post]
12 Nov 2009, 4:57 pm
Check out David Shulman's takedown of a Wall Street Journal article on online wills and Rob Radcliff's explanation of an NFL star's mistakes with Twitter. [read post]
15 Jun 2009, 2:51 pm
"The bid underwent an evaluation and negotiation process by the FDIC," the agency said in a letter sent to Silverton's customers late Thursday. [read post]
13 Dec 2011, 10:33 pm
Per Glenn's decision, MF Global’s clients can receive another $2.2 billion distribution, which lets them get back .72 on the dollar. [read post]