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15 Sep 2017, 6:10 am
Posted by HLS Forum on Corporate Governance and Financial Regulation, on Friday, September 15, 2017 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of September 8–14, 2017. [read post]
13 Aug 2017, 6:00 am by Ed. Microjuris.com Puerto Rico
In the Title III context, a debtor contemplating a possible PPP project would be well-advised to incorporate such project into its fiscal plan early on and prominently highlight its benefits to all stakeholders, including creditors. [read post]
5 Aug 2017, 11:50 am by Wolfgang Demino
Starting with the general rules in Texas, a creditor must sue for payment of debt "not later than four years after the day the cause of action accrues. [read post]
29 Jul 2017, 9:56 am by Wolfgang Demino
B, at 16.The language in the contracts indicates that Plaintiff may recover attorney's fees incurred in pursuing its claims, insofar as such recovery does not violate the Texas Constitution. [read post]
28 Jun 2017, 6:58 am by Cathy Moran
Creditors have a right to recover their claims from the assets of the corporation. [read post]
20 Jun 2017, 4:49 am by Matthias Weller
Whereas “good” forum shopping, usually done by a legal person, tends to benefit the general body of creditors, “bad“ forum shopping, usually done by a natural person, tends to escape the creditors or  generally disadvantages them. [read post]
28 Apr 2017, 3:23 pm by Ed. Microjuris.com Puerto Rico
By Jennice Fuentes / Fuentes Strategies Fiscal Oversight Board approves fiscal plans for public corporations This morning the Fiscal Oversight Board (FOB) held its seventh public meeting to approve, and in some cases amend, fiscal plans for critical public corporations. [read post]
28 Apr 2017, 6:02 am
Posted by HLS Forum on Corporate Governance and Financial Regulation, on Friday, April 28, 2017 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of April 21–April 27, 2017. [read post]
27 Apr 2017, 12:51 pm
The Alberta Court of Appeal has released a split decision on the following question:  can the trustee administering the estate of a bankrupt oil and gas company renounce or disclaim the company's interest in orphan oil wells (i.e. wells for which the cost of remediation required for abandonment exceeds the value of the well), but keep and sell off other valuable wells in order to maximize the recovery of secured creditors? [read post]
15 Apr 2017, 7:10 am by Ed. Microjuris.com Puerto Rico
In the case of the very public litigation between holders of GO and Puerto Rico Sales Tax Financing Corporation (COFINA) debt, this has devolved into an acrimonious fight over the very legality of the COFINA bond issuances themselves. [read post]
14 Apr 2017, 6:07 am by Ed. Microjuris.com Puerto Rico
However, one thing is certain — the resolution of these issues will significantly affect creditor recoveries, and the nature of the Commonwealth’s future debt burden, no matter how they are resolved. [read post]
27 Mar 2017, 12:55 pm
  This section is applicable to recovery of damages and interest from any debtor, including the state or any county, city, city and county, municipal corporation, public district, public agency, or any political subdivision of the state. [read post]
19 Mar 2017, 5:09 pm by Kevin LaCroix
  Background Graham Zahoruiko was President of Space Web Corporation, which was later known as Refresh Software Corporation. [read post]
7 Mar 2017, 4:28 pm by Kevin LaCroix
The Federal Housing Finance Agency (FHFA) recovered nearly $19 billion in connection with the sale of mortgage-backed securities, and the National Credit Union Administration (NCUA) recovered more than $4 billion for creditors of failed financial institutions. [read post]
15 Feb 2017, 8:49 am by Jan von Hein
They will thus be considered simple partnership companies (German GbR or OHG), losing from one day to the next i.a. their limited liability status – an unexpected and unjustified windfall profit for creditors, a severe blow for the company shareholders. [read post]
16 Dec 2016, 1:00 am
Dudley, Federal Reserve Bank of New York, on Friday, December 9, 2016 Tags: Banks, Capital requirements, Corporate culture, Cross-border transactions, Dodd-Frank Act, Financial crisis, Financial regulation, Liquidity, Money market funds, Recovery & resolution plans, Risk management, SIFIs, Too big to fail Third Circuit Ruling on Make-Whole Provisions Enforceable in Bankruptcy Posted by Sarah R. [read post]
17 Oct 2016, 4:26 pm by Kevin LaCroix
The lenders in the credit facility, the Verbeeks argued, were not seeking recovery under the credit facility, but were claiming that they had been misled, and therefore the exclusion was not triggered. [read post]
19 Aug 2016, 6:16 am
Carlin, Wachtell, Lipton, Rosen & Katz, on Friday, August 12, 2016 Tags: Forum selection, Investment Advisers Act, Investor protection, Jurisdiction, Misconduct, SEC, SEC enforcement,Securities enforcement, U.S. federal courts Corporate Culture and the Role of Boards Posted by UK Financial Reporting Council, on Saturday, August 13, 2016 Tags: Accountability, Board communication, Board leadership, Board performance, Boards of Directors, Corporate culture, Director… [read post]
12 Jul 2016, 4:29 pm by The Federalist Society
 This law, the Puerto Rico Public Corporation Debt Enforcement and Recovery Act expressly provides different protections for creditors than those in federal Chapter 9. [read post]