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16 Jun 2016, 1:44 pm by Ed. Microjuris.com Puerto Rico
. ___ (2016), that Section 903(a) of the Bankruptcy Code preempts Puerto Rico’s Public Corporation Debt Enforcement and Recovery Act (the “Recovery Act”). [read post]
24 May 2016, 9:37 am by Adam Weinstein
  The Vertical Funds include Vertical Recovery Management, LLC, Vertical Mortgage Fund I, LLC, Vertical US Recovery Fund, LLC, and Vertical US Recovery Fund II, LLC. [read post]
28 Mar 2016, 8:50 am 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]
21 Mar 2016, 4:00 am by Jon Gelman
These funds would be available primarily to Canadian provincial authorities who seek recovery of amounts they have paid or will ever pay in the future under Canadian asbestos-injury recovery statutes for claims allegedly relating in whole or in part to exposure to GST or Coltec asbestos-containing products. [read post]
21 Mar 2016, 3:28 am by Peter Mahler
The business took seed when an opportunity arose to provide MRI scanners to two hospitals operated by the New York City Health and Hospitals Corporation (“HHC”). [read post]
21 Mar 2016, 3:28 am by Peter Mahler
The business took seed when an opportunity arose to provide MRI scanners to two hospitals operated by the New York City Health and Hospitals Corporation (“HHC”). [read post]
21 Mar 2016, 3:28 am by Peter Mahler
The business took seed when an opportunity arose to provide MRI scanners to two hospitals operated by the New York City Health and Hospitals Corporation (“HHC”). [read post]
17 Mar 2016, 9:33 am by Melissa Jacoby
Surely, most creditors would prefer chapter 9 to the Recovery Act. [read post]
15 Mar 2016, 2:28 pm
  The court explained that the “mere continuation” exception permits recovery against the successor corporation where the successor is essentially the same corporate entity as the predecessor. [read post]
20 Jan 2016, 1:32 pm by Cathy Moran
But bankruptcy empowers the trustee to hire professionals, investigate the debtor’s books, and pursue recovery of money owed to the corporation, either under state law, or under bankruptcy law. [read post]
17 Dec 2015, 10:41 am by Thompson & Knight LLP
The term sheet contemplates a blended recovery of some 80 % for trade creditors. [read post]
7 Dec 2015, 2:54 pm by Lorraine McGowen
Upon necessary agreements are reached with creditors, the Governor will issue an executive order approving the Plan and agreements with creditors, if applicable. [read post]
3 Dec 2015, 12:25 pm by John Elwood
Because Puerto Rico’s public utilities are categorically excluded from restructuring debt under Chapter 9 of the federal Bankruptcy Code (although the fifty states’ public utilities are not), the Commonwealth enacted the Recovery Act, which, among other things, “creates a mechanism for Puerto Rico’s public corporations to restructure their debt so that they can continue to provide essential public services … while at the same time protecting their… [read post]