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7 Dec 2011, 9:58 pm
At the hearing, the bankruptcy court approved the debtor's requests to pay its employees, resume with its customer programs, and pay vendors critical to maintaining its daily business operations. [read post]
2 Oct 2009, 4:19 am
There are currently 175 claims for illnesses and the fund will be parsed according to the severity of a person's illness. [read post]
16 Feb 2010, 10:16 am
You have already opened a new bank account at a new bank; that's good, because your old creditors are not aware of the new account. [read post]
25 Dec 2014, 3:04 pm by Bankruptcy Attorney
§§ 6020.5(b), 8020.5(b) & 9640(a).The final Form 990 return must be filed four months and 15 days after the date of the organization's termination. [read post]
25 Dec 2014, 3:04 pm by Bankruptcy Attorney
§§ 6020.5(b), 8020.5(b) & 9640(a).The final Form 990 return must be filed four months and 15 days after the date of the organization's termination. [read post]
25 Dec 2014, 3:04 pm by Bankruptcy Attorney
§§ 6020.5(b), 8020.5(b) & 9640(a).The final Form 990 return must be filed four months and 15 days after the date of the organization's termination. [read post]
26 Aug 2011, 1:04 pm
The trustee takes an inventory of the funds and assets belonging to the company and assesses the company's "creditors," that is, the individuals or companies to whom the bankrupt company may owe money. [read post]
26 Nov 2007, 6:39 am
" However, HSBC never responded to the debtor's objection, causing the debtor's attorney and the court to need to take further action by entering an order resolving the objection in the debtor's favor. [read post]
29 Apr 2011, 10:47 am by Rich
Indeed it's quite interesting if you're an ERISA litigator; otherwise not so much. [read post]
4 Feb 2011, 7:35 pm
BEA International Corp., --- So.3d ---- (Fla. 3d DCA 2010), decided last week, Florida's Third District Court of Appeal held that Florida's Assignment for the Benefit of Creditors statute, Chapter 727, Florida Statutes, precludes a creditor from bringing an action against a third party under the Uniform Fraudulent Transfer Act when an assignment has been filed. [read post]
7 Feb 2022, 4:00 pm by Alvin Li, Jacqueline L. Bonneau
Beech Aircraft: “(1) ‘common ownership’; (2) ‘financial dependency of the subsidiary on the parent’; (3) the ‘degree to which the parent interferes in the selection and assignment of the subsidiary's executive personnel and fails to observe corporate formalities’; and (4) ‘the degree of the parent's control of the subsidiary's marketing and operational policies. [read post]