Search for: "Creditors Recovery Corporation"
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27 Aug 2015, 7:27 am
In June 2014, Puerto Rico attempted to allow its utilities to restructure their debt by enacting its own municipal bankruptcy law, the Puerto Rico Public Corporation Debt Enforcement and Recovery Act (“Recovery Act”), which expressly provides different protections for creditors than does the federal Chapter 9. [read post]
28 Mar 2016, 8:50 am
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]
13 Aug 2009, 7:04 am
The information required to be included includes the following:Schedule A: Real PropertySchedule B: Personal PropertySchedule C: Property Claimed as ExemptSchedule D: Creditors Holding Secured ClaimsSchedule E: Creditors Holding Unsecured Priority ClaimsSchedule F: Creditors Holding Unsecured Nonpriority ClaimsSchedule G: Executory Contracts and Unexpired LeasesSchedule H: CodebtorsThe Statement of Financial Affairs includes information regarding such topics as revenues,… [read post]
23 Jul 2009, 8:40 am
French's bankruptcy case and the bankruptcy cases of over 600 other major corporations using netDockets. [read post]
25 Aug 2009, 6:21 pm
Debt asserts that there is an "absense of a reasonable likelihood of rehabilitation" for the Viking entities because the only hope for recovery for creditors is a liquidation and sale of the drilling rigs. [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]
31 Jan 2024, 1:20 pm
In that case, Palm Coast Recovery Corp. [read post]
30 Apr 2015, 10:54 am
In most civil suits, like actions for the recovery of a debt, the defendant has 20 or 30 days to file a response. [read post]
12 Jun 2011, 7:21 pm
As detailed in other posts, alter ego liability has been employed (i) unsuccessfully as a “blocking device” in an attempt to capture recoveries for the corporation’s bankruptcy estate; and (ii) successfully to preserve recoveries from self-settled trusts to which the debtors attempted to convey assets out of the reach of creditors. [read post]
6 Sep 2011, 9:55 am
The restrictions are set forth in Sections 500 to 509 of the California Corporations Code, and are commonly referred to collectively as “Section 500.[1]” These provisions are designed to protect the interests of creditors and senior equity holders against transactions that might undermine their seniority in the capital structure. [read post]
21 Feb 2012, 3:00 am
The claims in such a plenary action usually allege injury to the corporation and thus, under New York's Business Corporation Law (BCL), must be brought as derivative claims seeking recovery on the corporation's behalf. [read post]
3 Mar 2010, 7:36 pm
That alternative plan agreement provided for a 15% increase in the cash pool made available to unsecured creditors and removal of the 10% recovery cap, as well as $287,500 for equity holders (if unsecured creditors supported the plan).In response, HIG Middle Market made a superior competing offer and, subsequently, Charlesbank and HIG agreed to co-sponsor a further modified plan which would provide even greater recoveries to general unsecured… [read post]
13 May 2022, 8:13 am
Miners dealt with attempts by a judgment creditor to execute on its judgment against alleged sister corporations, a novel strategy in Pennsylvania at the time. [read post]
16 Apr 2009, 11:19 pm
Here is the update on the numbers of debt buyer lawsuits and lawsuits filed by the creditor Capital One during the week of April 6, 2009, in Alabama: Arrow Financial Services 31 Asset Acceptance 75 Atlantic Credit & Finance 69 Cach, LLC 8 Cap One Bank 222 Cavarly Portfolio Services, LLC 4 Delta Capital Resources, LLC 7 Harvest Credit Management, LLC 1 Hilco Receivables LLC 13 Lionheart Funding LLC 1 LVNV Funding 27 MCM Holdings LLC 3 Merchants Adjustment Services, Inc. 11 Midland… [read post]
12 Dec 2009, 6:14 pm
GARNISHMENT OF INCOME AND OTHER DEBTS A creditor may enforce an order for repayment or recovery of money by garnishing the debts payable to the debtor by other persons, referred to as “garnishees”. [read post]
27 Aug 2009, 11:37 am
Holders of equity interests and subordinated claims would not receive any recoveries under the proposed plan.Research and download copies of every document filed in this bankruptcy case and the bankruptcy cases of over 600 other major corporations using netDockets. [read post]
17 Aug 2013, 12:17 pm
We have defended debt collection lawsuits filed by numerous debt collectors, including A&A North American Financial, American Express, Arrow Financial Services, Asset Acceptance LLC, CACH LLC, Capital One, Cavalry Portfolio Services, Chase Bank USA, Chrysler Credit Corporation, Citibank, Discover Bank, Equable Ascent Financial, FIA Card Services, HFC Collection Center, HSBC Bank, Hudson & Keyse, JGB Portfolio Services, JP Morgan Chase, LVNV Funding, Mainstreet Acquisition… [read post]
17 Aug 2013, 12:17 pm
We have defended debt collection lawsuits filed by numerous debt collectors, including A&A North American Financial, American Express, Arrow Financial Services, Asset Acceptance LLC, CACH LLC, Capital One, Cavalry Portfolio Services, Chase Bank USA, Chrysler Credit Corporation, Citibank, Discover Bank, Equable Ascent Financial, FIA Card Services, HFC Collection Center, HSBC Bank, Hudson & Keyse, JGB Portfolio Services, JP Morgan Chase, LVNV Funding, Mainstreet Acquisition… [read post]
19 Dec 2012, 8:51 am
Kodak reiterated yesterday that it has made no decision to sell the portfolio and they may, in consultation with creditors, ultimately decide to retain the portfolio as an alternative source of recovery for creditors. [read post]
25 Nov 2009, 1:11 pm
I can divide up assets available to my business creditors--those in the corporation--and those available to my personal creditors. [read post]
