Search for: "Offical Committee of Unsecured Creditors" Results 81 - 100 of 145
Sorted by Relevance | Sort by Date
RSS Subscribe: 20 results | 100 results
12 Dec 2008, 12:14 pm
The Bankruptcy Court denied the motion primarily on the grounds that the Official Committee of Unsecured Creditors was investigating many of the issues and the appointment of an Examiner would be duplicative. [read post]
30 Jun 2023, 5:42 pm by Edelboim Lieberman Revah PLLC
The additional benefits available under Subchapter 5 include no obligation to file a disclosure statement, no opportunity for creditors to file competing reorganization plans, no unsecured creditorscommittee, and no need for creditor consent—among others. [read post]
11 Apr 2022, 3:45 am by NWDRLF
Trustee encourages interested unsecured creditors to organize a creditorscommittee and play an active role in pushing the case forward. [read post]
17 Jan 2007, 1:26 am
DISTRICT COURTSOUTHERN DISTRICT OF NEW YORKLegal Profession Legal Malpractice Action Ruled Not 'Core' To Chapter 11 Bankruptcy Proceeding Official Committee of Unsecured Creditors of VWE Group Inc. v. [read post]
20 Jun 2022, 3:00 am by michael
However, in a Chapter 11 bankruptcy, the debtor’s top creditors will assemble a committee. [read post]
10 Oct 2019, 7:39 am by Amy Howe
” The lower court’s ruling spawned five separate petitions for review: three – from the board, the federal government and a committee of unsecured creditors – asking the justices to review the 1st Circuit’s ruling that the appointment of the board members violated the Constitution and two more – from Aurelius and the union – asking the court to weigh in on whether the de facto officer doctrine prevents invalidation of the… [read post]
27 Apr 2018, 9:34 am by Melissa Jacoby
"  Page 42 of the DIP financing order gives the unsecured creditors committee only until April 27 to investigate validity, perfection, and enforceability of various prepetition liens, although that date can be extended "for cause. [read post]
24 Jan 2014, 12:57 am by Kevin LaCroix
In explaining the statute’s omission of officers, the court cited to the legislative committee’s comments to the statute, which seems to acknowledge that officers were intentionally excluded from the statute for the following reason:   Although a non-director officer may have a duty of care similar to that of a director, his ability to rely on factual information, reports or statements may, depending upon the circumstances of the particular case,… [read post]
8 May 2012, 5:17 pm
"  Quoting Lord Hoffmann in Cambridge Gas Transportation Corpn. v Official Committee of Unsecured Creditors of Navigator Holdings plc and Others [2007] 1 AC 508, Mrs. [read post]
19 Nov 2009, 6:26 am
The reason is that there appears to be a substantially greater risk of reduced recovery for secured and unsecured creditors and counterparties if the rules governing creditors’ rights in the proposed resolution authority are modeled on the rules contained in the bank resolution statute instead of those contained in the Bankruptcy Code. [read post]
27 Mar 2020, 2:49 pm by doug
Committees: Unsecured creditor committees will not be formed in small business cases unless they are specifically ordered by a judge for cause. [read post]
An officer of the Court, the trustee has an obligation to look after the rights of the creditors and to investigate the affairs of the debtor. [read post]
29 Dec 2005, 8:55 am
Financially troubled consumers rushed to file before Oct. 17 because the new law is expected to pressure more debtors into Chapter 13 bankruptcy programs, which require them to pay creditors on a court-approved schedule, rather than into Chapter 7, which discharged most of their unsecured debts. [read post]
27 Aug 2012, 8:33 am
Scott has represented Chapter 7 and 11 debtors, creditors, creditor committees, trustees, court-appointed receivers and other interested parties in bankruptcy cases and bankruptcy litigation. [read post]
25 Jun 2010, 9:22 am by James Hamilton
A House-Senate conference committee has reported out the Dodd-Frank Wall Street Reform and Consumer Protection Act providing for a sweeping overhaul of the regulation of US financial services and markets. [read post]
15 Jan 2021, 4:56 pm by Adam Levitin
Sea Girt's petition does not include a completed Form 204, which would list is largest non-insider unsecured creditors. [read post]
28 Mar 2011, 7:02 pm by Tomassi Law Associates
Zell Pressures Tribune Committee to Drop Claims Sam Zell is pressuring the Tribune Co. creditorscommittee to drop parts of the lawsuit filed against him in November. [read post]
10 Nov 2014, 7:09 am by Melissa Jacoby
And, unlike the accepting classes, the dissenting classes in Detroit had no mechanism to coordinate a settlement with the City (had there been an unsecured creditors' committee, the story might be different). [read post]