Search for: "Creditors Recovery Corporation"
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28 Apr 2017, 3:23 pm
By Jennice Fuentes / Fuentes Strategies Fiscal Oversight Board approves fiscal plans for public corporations This morning the Fiscal Oversight Board (FOB) held its seventh public meeting to approve, and in some cases amend, fiscal plans for critical public corporations. [read post]
8 Feb 2011, 10:42 pm
In City and Industrial Development Corporation Vs. [read post]
16 Aug 2007, 1:58 am
The fact that the residual claimants of the firm at that time are creditors does not mean that the directors cannot choose to continue the firm’s operations in the hope that they can expand the inadequate pie such that the firm’s creditors get a greater recovery. [read post]
23 Oct 2008, 5:50 pm
The appellate court noted that state law (Code of Civil Procedure section 680.240) defines a judgment creditor to include an assignee. [read post]
27 Oct 2015, 2:21 pm
Establishing an independent fiscal oversight to certify that Puerto Rico adheres to the recovery plan it is implementing in a credible and transparent way. [read post]
30 Jul 2020, 10:00 pm
Despite the government initiatives to support the Finnish economy, there are no signs of rapid economic recovery. [read post]
13 Jul 2009, 2:44 am
” The Court said that the question was not whether the creditors might benefit from any recovery. [read post]
4 Apr 2012, 1:16 pm
Here are key quotes from the case: The Trustee asks us to knock out the pari delicto defense altogether, so that the culpability of a corporate manager never would bar recovery against a negligent auditor. [read post]
9 Sep 2009, 12:05 pm
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]
8 Apr 2019, 10:40 am
The case involved Redwater Energy Corporation, a publicly traded oil and gas company. [read post]
8 Apr 2019, 10:40 am
The case involved Redwater Energy Corporation, a publicly traded oil and gas company. [read post]
27 Aug 2009, 8:55 am
The recovery does not belong to the estate. [read post]
19 Nov 2009, 6:26 am
Creditors and counterparties left behind would suffer losses to the extent that the assets of the company were less than its liabilities, subject to their guaranteed minimum recovery. [read post]
29 Jul 2008, 11:34 pm
A good time after the discharge of the Pauls' Chapter 7 bankruptcy the creditor proceeded against the corporation that had not filed bankruptcy. [read post]
17 Mar 2020, 7:40 am
Creditors, particularly those which are unsecured, may be wary that their actual recovery in a liquidation scenario will likely be significantly diminished. [read post]
18 Aug 2009, 9:08 am
Follow up with creditors, banks, government, and others. [read post]
28 May 2008, 3:40 pm
US home price declines accelerate - Certified insolvency and restructuring advisor Richard Feferman of Corporate Recovery Associates in his blog, The Creditors' Resource Food for thought on Chinese imports - The blogging lawyers & attorneys at Pritzker Ruohonen in the firm's Food Poisoning Law Blog The right to consult a DWI lawyer in Minneosta prior to blood alcohol testing - Minneapolis attorney Jason C. [read post]
14 Oct 2011, 7:49 am
Sept. 21, 2011), the Third Circuit considered (i) whether the Official Committee of Unsecured Creditors (the “Committee”) was able to demonstrate material factual issues to support a “deepening insolvency” claim (which is a claim alleging the fraudulent increase in corporate debt or prolongation of the corporation’s existence after it is insolvent) and (ii) whether the application of the business judgment rule and the in pari delicto doctrine… [read post]
8 Apr 2022, 9:06 am
Acts constituting willfulness also exist when the responsible person prioritizes the payment of other creditors over the IRS or neglects their duty to use all available current and future unencumbered funds of the corporation to pay the taxes. [read post]
8 Mar 2009, 7:46 pm
This was not fatal to the breach of fiduciary duty claim, because Mississippi case law provides that, in a closely held corporation, the chancellor may treat a shareholder's derivative suit as a direct action and order an individual recovery so long as it does not prejudice the interests of the creditors, expose the corporation to multiple actions, or prejudice recovery for all other interested parties. [read post]
