Search for: "Creditors Recovery Corporation"
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4 Dec 2020, 4:19 am
Investors are entitled to accurate information about a company’s financial condition and the SEC is committed to holding accountable corporate executives who deceive investors. [read post]
23 Nov 2020, 4:25 am
In this case involving a Turkish restaurant located in midtown Manhattan, which I first wrote about in 2017, the court granted summary judgment of liability in favor of a 25% shareholder on his statutory claim for dissolution, common law breach of fiduciary duty, and violation of the Debtor and Creditor Law. [read post]
6 Nov 2020, 7:08 am
To facilitate the survival and recovery of thousands of businesses, amongst other measures, Ireland has passed The Companies (Miscellaneous Provisions) (COVID-19) Act 2020 which is an interim piece of legislation effective until 31 December 2020 (unless further extended). [read post]
30 Oct 2020, 9:11 am
Trust Fund Recovery Penalties: What are they? [read post]
30 Oct 2020, 9:11 am
Trust Fund Recovery Penalties: What are they? [read post]
14 Oct 2020, 10:20 am
” Conversely, the court clarified that “the receiver is not the class representative for creditors and cannot pursue claims owned directly by the creditors. [read post]
12 Oct 2020, 12:18 pm
COMPLIMENTARY WEBINAR FOR OUR CLIENTS & GUESTS Thursday October 22, 20203:00 - 3:45 PM EST Webinar: Maximizing Recovery When the Chips are Down Presented by James Vann & Jim Beck Reserve Your Seat Now We will discuss the issue of bankruptcy strategies for creditors, what are defunct corporations and how they impact your… [read post]
6 Oct 2020, 8:42 am
Moody’s maintained its stable outlook commenting that “[G]overnment support measures combined with past progress in restoring competitiveness and reducing macro imbalances should provide for a robust economic recovery next year”. [read post]
3 Aug 2020, 2:56 am
The trustee of the scheme agreed to the security package, on the basis that reducing the likely recovery of the trustee as a third ranking creditor in a future insolvency, this was a lesser evil than impending insolvency. [read post]
30 Jul 2020, 10:00 pm
Despite the government initiatives to support the Finnish economy, there are no signs of rapid economic recovery. [read post]
30 Jul 2020, 6:50 am
This prevents a double recovery. [read post]
30 Jul 2020, 6:50 am
This prevents a double recovery. [read post]
30 Jul 2020, 6:50 am
This prevents a double recovery. [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]
8 Jul 2020, 2:06 pm
And because no assignment is created, section 368 is not triggered and any incapacity by the judgment debtor does not present a bar to the judgment creditor's recovery. [read post]
20 Jun 2020, 3:01 pm
While we respect the integrity of corporate structures, we nonetheless find it troubling "that by merely changing its form, without significantly changing its substance, a single corporation can wholly shed its debts to unsecured creditors, continue its business operations with an eye toward returning to profitability, and have no further obligation to pay such creditors. [read post]
5 Jun 2020, 7:33 am
The Corporate Insolvency and Governance Bill 2020 (the “Bill”) passed its second and third readings in the House of Commons on 3 June 2020 without significant amendment. [read post]
17 May 2020, 6:47 pm
All companies face a great deal of uncertainty concerning the timing and impact of the recovery process. [read post]
1 May 2020, 2:11 am
HARDENING PERIOD A French insolvency administrator, a creditors’ representative (mandataire judiciaire) or the criminal pro [read post]
26 Apr 2020, 1:39 pm
Many businesses may require bankruptcy proceedings to assist in recovery from the CV Recession. [read post]
