Search for: "Creditors Recovery Corporation"
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12 Mar 2009, 9:04 am
“The creditors are going to take a bath, that’s for sure. [read post]
2 Nov 2009, 11:11 am
As a result, creditors other than the DIP lenders are unlikely to receive any recovery on account of their claims other than equity in the new GM.netDockets has made a complimentary copy of the monthly operating report available on JDSupra.About netDockets:With over 1.4 million documents filed in over 700 of the largest corporate chapter 11 bankruptcy cases, all professionally-coded to be quickly and easily searchable, netDockets allows you to find not just more precedent,… [read post]
2 Mar 2017, 11:33 am
In re Brooklyn Resource Recovery, Inc., 216 B.R. 470, 485 (Bankr. [read post]
19 Nov 2010, 7:15 am
For creditors seeking recoveries, a 60% recovery rate for affected microcredits is not bad at all. [read post]
27 Apr 2017, 12:51 pm
The Alberta Court of Appeal has released a split decision on the following question: can the trustee administering the estate of a bankrupt oil and gas company renounce or disclaim the company's interest in orphan oil wells (i.e. wells for which the cost of remediation required for abandonment exceeds the value of the well), but keep and sell off other valuable wells in order to maximize the recovery of secured creditors? [read post]
7 Feb 2022, 4:00 pm
Recovery Corp. v. [read post]
27 Aug 2009, 11:47 pm
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]
16 Sep 2009, 8:31 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]
9 Mar 2013, 12:35 pm
Well, even though today Corporations are making huge profits, unemployment is still high. [read post]
6 Nov 2015, 10:37 am
The proposed reform covers all of Indian insolvency law, both corporate and personal. [read post]
19 Aug 2008, 8:02 pm
But in a liquidating chapter 11 case that appears likely to offer no recovery to unsecured creditors, the lender likely had no reason not to bid the full amount of its claim at the auction (there is no mention of third-party guarantees). [read post]
29 Mar 2021, 6:45 am
Further, the restriction on landlords using Commercial Rent Arrears Recovery (CRAR) to recover unpaid rent will also extend to the end of June, in line with the moratorium’s expiry date, giving businesses sufficient breathing space to pay rent owed. [read post]
3 Oct 2011, 2:45 am
Vincent Paul, (2011) 4 SCC 171 the Supreme Court found that there were no rules or guidelines framed by the Kerala Financial Corporation for sale of properties. [read post]
18 Mar 2024, 5:23 pm
Bankruptcy Code serves as a source of hope, offering structured pathways for recovery and solvency. [read post]
28 Jun 2017, 6:58 am
Creditors have a right to recover their claims from the assets of the corporation. [read post]
23 Sep 2009, 12:55 pm
Chapter 7 corporate bankruptcy works like chapter 7 personal bankruptcy, in which assets are sold, or liquidated, to repay creditors. [read post]
6 Oct 2009, 12:09 pm
BearingPoint projects that creditors will receive the following recoveries under the plan (please review the plan for definitions of the creditor classes):* Other Secured Claims: 100%* Series C Noteholder Claims and FFL Noteholder Claims: 7.6%-14.7%* General Unsecured Claims: 2.6%-5.1%* Junior Noteholder Claims: 0%* Other Subordinated Claims: 0%* Equity Interests: 0%A complimentary copy of the proposed plan and disclosure statement can be viewed on our JDSupra page.This… [read post]
24 Jul 2012, 8:36 pm
We are an asset recovery firm. [read post]
30 Dec 2010, 2:02 am
On Monday, Los Gatos Hotel Corporation voluntarily filed for chapter 11 bankruptcy protection in San Jose, California. [read post]
30 Dec 2010, 2:02 am
On Monday, Los Gatos Hotel Corporation voluntarily filed for chapter 11 bankruptcy protection in San Jose, California. [read post]