Search for: "Creditors Recovery Corporation"
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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]
2 Jul 2013, 9:50 am
Wagoner, 944 F.2d 114 (2d Cir. 1991), which held that a “claim against a third party for defrauding a corporation with the cooperation of management accrues to creditors, not to the guilty corporation” (the “Wagoner Rule”). [read post]
17 Jun 2008, 9:46 pm
Consumers (Guess Who Wins)" that National Arbitration Forum (NAF), one of the country's largest for-profit arbitration companies courts corporations against consumers by claiming that it will enable credit card companies to markedly increase their recovery rates over their existing collection methods. [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]
22 Feb 2020, 4:12 am
Kayser (the “Petitioning Creditors”). [read post]
29 Jun 2010, 8:19 am
Traditional U.S. state and local government bonds enjoy a proud history of a low number of defaults and, when they rarely occur, higher recoveries compared to corporate debt, both investment grade and speculative. [read post]
5 Dec 2014, 8:18 am
Bankruptcy law expands the recovery period so that “insiders”, which includes partners, corporations owned or controlled by the debtor, and spouses, don’t get a disproportionate share of the debtor’s assets. [read post]
5 May 2007, 3:07 pm
Davis.Hagen filed this tax refund action after paying a portion of the amount allegedly due under a trust fund recovery penalty for unpaid payroll withholding taxes. [read post]
24 Feb 2010, 6:56 pm
Because general unsecured creditors are not expected to receive a complete recovery on account of their claims, the plan proposes no recovery for either the NAI Subordinated Claim (if allowed) or holders of interests or equity in any of the debtors. [read post]
24 Feb 2010, 6:56 pm
Because general unsecured creditors are not expected to receive a complete recovery on account of their claims, the plan proposes no recovery for either the NAI Subordinated Claim (if allowed) or holders of interests or equity in any of the debtors. [read post]
22 Jan 2014, 1:43 pm
WHO-IS-WHO AMONG THE CREDITORS’ BARDan G. [read post]
17 Jan 2010, 6:28 pm
The creditor failed to establish either that the financial statement, which the creditor had a large part in preparing, was materially false, or that the creditor relied thereon in making the loans.Pendergast v. [read post]
1 Mar 2011, 11:20 pm
The entire action of the Bank/Secured Creditor under the provisions of SARFAESI Act will get vitiated if the classification of account as ‘NPA” is illegal. [read post]
27 Aug 2009, 11:17 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]
27 Dec 2008, 10:01 pm
That doesn't facilitate recovery in the financial markets, either. [read post]
2 May 2010, 7:38 am
For example, if you find cheaper bankruptcy counsel, are we sure that creditor recoveries go up, as the article implies, or do recoveries go down, because the cheaper firm is too inexperienced, too small, etc.? [read post]
2 Nov 2009, 6:57 pm
Maasvlakte and several other companies involved in the project were corporate subsidiaries of Air Liquide Engineering, S.A., a French concern. [read post]
16 Aug 2010, 11:24 pm
Insiders are close family members, business partners, or a corporation of which the debtor is a person in control such as an officer or director. [read post]
13 Aug 2017, 6:00 am
In the Title III context, a debtor contemplating a possible PPP project would be well-advised to incorporate such project into its fiscal plan early on and prominently highlight its benefits to all stakeholders, including creditors. [read post]
4 Mar 2010, 4:20 am
But, there can be a special law like Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, enabling the secured creditors or the Financial Institutions to proceed with their recovery process overriding other laws. [read post]
