Search for: "Creditors Recovery Corporation"
Results 101 - 120
of 501
Sorted by Relevance
|
Sort by Date
26 May 2011, 6:54 am
Chapter 7 and Chapter 11 bankruptcy cases can take years to conclude and the amount of creditor recovery is uncertain. [read post]
13 Sep 2013, 2:17 am
She argued that the court erroneously allowed recovery for transfers of property made more than two years before the bankruptcy petition was filed, and that the Trustee failed to prove the post-petition transfers were out of the ordinary course of business.In 2006, the Delaware Chancery Court found Jeffrey Prosser, jointly and severally liable for roughly $56,000,000 (“Greenlight judgment”) for his fraudulent acquisition of the outstanding public stock of the predecessor… [read post]
16 Mar 2011, 11:11 am
Consequently, Lionel’s recovery would be limited to whatever the company owned, namely $400,000. [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]
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]
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]
12 Jul 2016, 4:29 pm
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]
14 Mar 2007, 5:12 pm
§ 362(k)) because it was a corporation. [read post]
4 Jun 2019, 6:00 am
The amendments state, “when acting with a view to the best interests of the corporation … the directors and officers of the corporation may consider, but are not limited to, the following factors: the interests of: shareholders, employees, retirees and pensioners, creditors, consumers, and governments; the environment; and the long-term interests of the corporation. [read post]
12 Feb 2012, 2:37 pm
Section 322 of the Delaware General Corporation Law (“DGCL”) provides that if a corporation fails to obey an order of the Court there is sufficient grounds for appointment of a receiver. [read post]
23 Oct 2012, 8:57 am
Official Committee of Unsecured Creditors of TOUSA Inc. [read post]
14 May 2018, 5:15 am
Lantern rejected the creditors committee's request to allocate its bid among the dozens of entities comprising the TWC corporate family, but the estate will not have the luxury to do the same. [read post]
14 Jul 2010, 4:10 pm
The proposed Plan does not provide anticipated percentage recoveries for the classes of impaired creditors. [read post]
19 Apr 2010, 5:18 pm
According to the debtors' claims and noticing agent, Omni Management Group, LLC, creditors have filed proofs of claim asserting over $111 million in claims. [read post]
4 Jul 2011, 10:13 am
, was a Maryland corporation formed in December 2003 as a real estate investment trust. [read post]
27 Dec 2021, 7:52 am
We are here to guide you through the complicated maze of consumer laws, and we aren’t afraid to take on big corporations that harm innocent consumers. [read post]
17 Dec 2015, 10:41 am
The term sheet contemplates a blended recovery of some 80 % for trade creditors. [read post]
19 Jul 2022, 9:01 pm
Shortly after Voyager’s announcement, the Federal Deposit Insurance Corporation (“FDIC”) announced that the agency is investigating how Voyager marketed itself to customers. [read post]
7 Sep 2010, 3:00 am
Pulmosan Safety Equipment Corp., 52 AD3d 710 (2d Dept 2008), involve outside creditors not affiliated with the corporation. [read post]
6 Sep 2011, 12:56 pm
Chapter 11 cost comes in two flavors: the out of pocket cost of the professionals and the cost to creditors that is reflected in their recovery. [read post]
