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6 Nov 2009, 7:43 am
Chicago Partner Michael Gesas has been interviewed by various media outlets regarding the CIT Group, Inc. filing for Chapter 11 bankruptcy protection. [read post]
3 Nov 2009, 7:21 pm by Brad Sandler
On November 2, 2009, CIT Group, Inc., a leading provider of financing to small businesses and middle market companies, filed for bankruptcy in the United States Bankruptcy Court for the Southern District of New York. [read post]
1 Nov 2009, 5:08 am
The conditions for consummating the exchange offers were not met.Accordingly, CIT's Board of Directors approved the Company to proceed with the voluntary filings for CIT Group Inc. and CIT Group Funding Company of Delaware LLC with the U.S. [read post]
8 Aug 2010, 9:59 pm
As the credit markets started to close for over a dozen companies, including Prudential Financial, CIT Group, and GMAC Inc., the firms began to get their funding for debt financing from retirees—reports Bloomberg in an August 2009 article. [read post]
23 Jan 2008, 7:32 am
Here’s how the filing describes it: On January 15, 2008, CIT Group Inc. [read post]
14 Jul 2010, 8:37 am by Page Perry LLC
CIT Group Inc., GMAC Inc., Prudential Financial Inc., and over a dozen other financial institutions sold their bonds to individual investors after being spurned by their sophisticated institutional counterparties, according to an article by Zeke Faux titled “CIT Debt Sold to Widows Has Fine Print Pimco Resists,” Bloomberg. [read post]
3 Nov 2009, 10:36 am by Chris Kramer
On the heels of bad news for small businesses with the bankruptcy of CIT Group Inc. comes news from The Wall Street Journal that business bankruptcy filings rose 7% in October, after falling for several consecutive months. [read post]
2 Apr 2021, 1:34 am
In early June 2014, SASCO assigned the CIT Deed of Trust to DLJ Mortgage Capital, Inc. [read post]
5 Jan 2022, 9:56 am by Larry
Heading 4202, for example covers two distinct groups of products. [read post]
28 Jul 2019, 4:25 pm by Larry
On the other hand, I do enjoy stretching my creative lawyering skills.In Erwin Hymer Group North America, Inc. v. [read post]
8 Mar 2011, 2:31 pm by Phillips & Cohen
The lawsuit alleges that beginning in the mid 1990s and until as recently as 2006, the company was charging state and federal offices for services that were dysfunctional or non-existent.The second company, CIT Group, Inc., paid over $3 million to resolve allegation that, after purchasing a portion of Avaya’s customer base, CIT continued the fraudulent billing scheme.The qui tam case was brought under the False Claims Act by two whistleblowers in 2004. [read post]
30 Jun 2011, 6:45 am by Larry
Happily, it is because he is my hero of the moment due to his decision in CBB Group, Inc. v. [read post]
12 Dec 2011, 10:27 am by Andrew Ramonas
He most recently obtained from CIT Group Inc. a multi-million dollar grant commitment to help individuals hit by the subprime mortgage crisis. [read post]
8 Oct 2021, 8:58 am by Larry
We discussed this here in relation to an earlier case called CBB Group Inc. v. [read post]
26 Sep 2009, 10:17 am by Larry
Before I get to Kahrs III: The Search for Refunds, I want to take a look at Faus Group, Inc. v. [read post]
8 Nov 2016, 6:41 am by Adams Lee
Customs alleged that Green Planet, Inc. and Token Group LLC, both located at the same address in Riverside, California, had imported various smoking products from China without including the correct amount of duties owed on the import entry declarations filed with Customs. [read post]
10 Feb 2013, 4:00 pm by Amber Walsh
Louis, is a venture capital firm specializing in life sciences, while Holton Capital Group, based in St. [read post]