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  And if the company is in bankruptcy, the debtor in possession or trustee may want to preserve the assets for claims against the estate, as opposed to lower priority indemnity claims or non-indemnifiable claims against individual insureds such as board members. [read post]
9 Feb 2015, 3:31 am by Kevin LaCroix
” The more important was how he actually functioned and whether he participated in the management or administration of the company. [read post]
19 Dec 2023, 9:05 pm by renholding
Unsecured debt of distressed companies is a popular investment for certain hedge funds, not least because it often allows the funds to serve on a distressed company’s unsecured creditors’ committee (UCC) shortly after the firm files for Chapter 11 bankruptcy. [read post]
27 Jan 2011, 12:46 pm by Chris Jaglowitz
Accordingly, RBC cannot be liable to the Plaintiff as a trustee de son trot. [read post]
7 Mar 2013, 2:38 pm by Michael
These include: Unit Trusts - a structure created by a written contract between a manager and trustee. [read post]
30 Apr 2015, 6:30 am by Paul A. Kraft, Estate Planning Attorney
You name a trustee when you create a revocable living trust, and you may want to use a corporate trustee such as a trust company. [read post]
30 Apr 2015, 6:30 am by Paul A. Kraft, Estate Planning Attorney
You name a trustee when you create a revocable living trust, and you may want to use a corporate trustee such as a trust company. [read post]
23 May 2008, 6:22 pm
The trial court's dismissal with prejudice of that lawsuit was upheld on appeal because "the trustee's simultaneous participation in the company and management of the trusts was authorized by the text of the trusts. [read post]
20 Nov 2019, 9:06 am by Dan Bressler
District Judge Christina Snyder is presiding over a long-running case that pits Aletheia Research and Management’s Chapter 7 estate trustee, Jeffrey I. [read post]
27 Jul 2008, 11:30 pm
 Asset management fees will differ on the manager’s expertise, and 50 basis points is a fairly common fee. [read post]
22 Aug 2014, 11:44 am by Scott Grabel
Golani is a former education trustee of the board, and was employed by Hind Oram as office manager of several companies, including International Outdoor Advertising. [read post]
21 Apr 2023, 11:15 am by Rudolf J. Karvay
The trustee pays the insurance company to keep the policy active. 4. [read post]
1 Jun 2023, 5:51 am by Ted Semaya, Esq.
Company owners and managers and their advisors must consider if the company is covered by the Act and may have to file information under it. [read post]
15 Jul 2013, 3:38 pm by Ailyn Cabico
In the absence of any such evidence, the fund manager should obtain the names and addresses of the trustees or other persons authorized to make investment decisions on behalf of the pension fund. [read post]
The trustee should 1) possess the necessary expertise in mineral management and 2) have a fiduciary duty to act in the best interest of the beneficiaries. [read post]
2 Dec 2020, 7:10 am
With the prospect of global vaccines on the horizon, companies worldwide continue to address the challenges of pandemic management and recovery on their businesses, the communities and constituencies they serve and especially on their employees. [read post]
2 Aug 2023, 10:30 am by ocgdev
It can include provisions for a successor trustee to manage the LLC on behalf of the trust's beneficiaries. [read post]
21 Mar 2011, 1:13 am by Randall Reese
"The creditors quickly filed a motion asking the bankruptcy court to appoint an interim trustee for the three alleged debtor companies. [read post]