Search for: "Creditors Recovery Corporation"
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16 Apr 2023, 9:05 pm
A key principle of Chapter 11 corporate reorganizations is the “absolute priority rule. [read post]
26 May 2021, 9:47 am
This is the safest manner of repossession, but it is more costly and requires a bond if the creditor seeks a prejudgment recovery of the collateral. [read post]
4 Mar 2010, 6:09 am
Who Owns Corporations? [read post]
6 Sep 2021, 8:18 am
In other words, the deal was a good one for creditors as a group, and the exit exchange was needed to prevent a small group of holdout creditors from extracting a disproportionate recovery. [read post]
16 Oct 2013, 7:46 am
All of this invoked the part of §547(b) that makes recoverable transfers “to or for the benefit of a creditor”. [read post]
12 Oct 2021, 8:59 am
On Purdue's committee, Hampton and three other personal injury claimants sat alongside five institutional/corporate creditors, at least some of which were defendants in other opioid crisis lawsuits. [read post]
12 Oct 2021, 8:59 am
On Purdue's committee, Hampton and three other personal injury claimants sat alongside five institutional/corporate creditors, at least some of which were defendants in other opioid crisis lawsuits. [read post]
13 Feb 2009, 4:17 pm
It will come as no surprise that Peanut Corporation of America has filed for bankruptcy protection in the Western District of Virginia. [read post]
16 Jun 2016, 1:44 pm
. ___ (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]
28 Jul 2007, 5:10 pm
Foreign corporations 3. [read post]
7 Feb 2015, 9:05 am
Last summer, PREPA bondholders filed actions challenging the constitutionality of Puerto Rico's recently enacted, but as yet unused, Public Corporation Debt Enforcement and Recovery Act. [read post]
23 Mar 2020, 3:23 am
The Pacific Gas and Electric Company and the PG&E Corporation filed a motion on Friday with California bankruptcy court for a more expansive plan for reorganization to ensure that it is capable of paying its creditors in a timely fashion. [read post]
5 May 2022, 9:01 pm
The median cash recovery for unsecured claims across subordinated and unsubordinated creditors in bankruptcy is in the 0-10 percent range, meaning that unsecured creditors often have little else to pursue aside from litigation as a means of recovery.[19] This litigation can target the debtor’s managers, equityholders, and lenders. [read post]
8 Aug 2015, 9:39 am
Our laws promote bankruptcy reorganization The American approach to risk taking and financial distress enables recovery or reset. [read post]
19 Dec 2015, 2:11 pm
Had the recovery been greater, the creditors would have received more. [read post]
6 Oct 2017, 6:39 pm
Our theory of recovery was sound. [read post]
16 May 2012, 10:21 am
Evidence showed Conway was aware the excise tax had not been paid over, while other creditors were paid and Conway continued to collect his salary. [read post]
8 Mar 2020, 7:33 pm
Almost inevitably liquidation destroyed the shareholders’ investment, yielded little by way of recovery to the creditors, and exacerbated the social evil of devastating levels of unemployment. [read post]
23 Jul 2020, 11:32 am
Representative Ocasio-Cortez and Senator Warren proposed banning mergers and acquisitions by medium-sized and large firms and investment funds during the COVID-19 pandemic and recovery period. [read post]
24 Aug 2009, 10:17 pm
When there is too much of a risk of little or no recovery, creditor's attorneys will pursue the case (as long as it has merit), but only if the client agrees to pay for our services by the hour, and often in advance.Obviously, this lawsuit does not represent the run of the mill collection case, and neither the complexity of the corporate structures involved in this lawsuit, nor their size, is typical. [read post]
