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18 Jul 2022, 2:46 pm by Kevin LaCroix
Regular readers of this blog know my view that the  rise of collective investor actions outside the United States is one of the most important developments in the world of directors’ and officers’ liability in recent years. [read post]
18 Jul 2022, 12:22 pm by Nicholas Gebelt
  The creditor may lose the right to vote, but retains the right to have its claim paid in full. [read post]
18 Jul 2022, 8:02 am by Dan Bressler
The term “disinterested person” means a person who: Is not a creditor, an equity security holder, or an insider; Is not and was not, within two years before the date of the filing of the petition, a director, officer, or employee of the debtor; and Does not have an interest materially adverse to the interest of the estate or of any class of creditors or equity security holders, by reason of any direct or indirect relationship to, connection with, or interest in, the… [read post]
17 Jul 2022, 9:00 pm by Michael C. Dorf
As one of many stories recounts, Trump boasted that he would “renegotiate” his debt by saying to his creditors, “hey guess what, the economy crashed. [read post]
15 Jul 2022, 5:27 pm by Nicholas Gebelt
By the way, if your debtor gets a hardship discharge under § 1328(b) you can still get the final order because a requirement for a hardship discharge is that the unsecured creditors have already been paid the amount they would have received in a Chapter 7 liquidation. [read post]
15 Jul 2022, 4:19 pm by Nicholas Gebelt
 If the underlying obligation is not satisfied, the creditor may can seize the asset that is the subject of the lien. [read post]
15 Jul 2022, 4:46 am
This means that creditors cannot call you or send you letters while your bankruptcy case is active. [read post]
15 Jul 2022, 4:36 am
Creditors have a variety of options for collecting debts owed to them by debtors. [read post]
14 Jul 2022, 8:59 pm by Sophia Tang
Judicial mediation is a unique dispute resolution mechanism in Chinese civil procedure. [read post]
14 Jul 2022, 6:54 pm by Parks & Jones
In the probate process, a claim typically means a claim made by a creditor against the estate for a debt owed by the decedent at the time of the decedent’s death. [read post]
14 Jul 2022, 12:36 pm
Other factors recognized by the court in In re Loy were the location of the debtor's primary assets, the location of the majority of the debtor's creditors, and the jurisdiction whose law would apply to most disputes. [read post]
13 Jul 2022, 6:04 am by Russell Knight
“No creditor, who has a claim against a spouse or former spouse for an expense incurred by that spouse or former spouse which is not a family expense, shall maintain an action against the other spouse or former spouse for that expense except: an expense for which the other spouse or former spouse agreed, in writing, to be liable” 750 ILCS 65/15(a)(2)If you are in possession of the stolen goods or the stolen money was spent on you by your spouse, then you may be included in… [read post]
12 Jul 2022, 9:41 pm by Thalia Kruger
A European rescue culture, endorsed by Directive (2019/1023), should be complemented by an instrument to adequately provide legal effects of any restructuring for creditors and shareholders, wherever they are located. [read post]
12 Jul 2022, 2:59 pm by jaxlawcenter
It prevents creditors from collecting debts from a debtor who has declared bankruptcy. [read post]
12 Jul 2022, 11:53 am by Chad Jimenez
  For example, Regulation Z already specifies the circumstances under which creditors can reduce the credit limit on home equity lines of credit. [read post]
12 Jul 2022, 11:31 am by Sam Turco
  We can’t list creditors we don’t know about, and clients seem overwhelmed when trying to remember all the medical creditors they owe. [read post]
12 Jul 2022, 6:30 am
You have the power to draft the trust so that assets are protected from creditors or divorce proceedings for the beneficiaries. [read post]