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1 Jul 2022, 5:30 am
In the last post, we discussed The Bankruptcy Act of 1898 and its new focus on the wellbeing of debtors, rather than solely as a remedy for creditors. [read post]
30 Jun 2022, 7:11 pm
As a result, despite the SPC’s enthusiasm, it is still not appealing enough for more judgment creditors to apply for recognition and enforcement of foreign judgments with Chinese courts. [read post]
29 Jun 2022, 7:58 pm
Raleigh, NC Business, Construction, & Creditor's Rights AttorneysVaried backgrounds and expertise of dedicated attorneys and staff providing clients with effective and efficient legal advice and representation throughout North Carolina. [read post]
29 Jun 2022, 12:48 pm
Under the bill, attorneys on a volunteer basis would represent qualifying service members and veterans in various civil law actions including family, immigration, employment, debtor-creditor, estate planning, and military administrative law. [read post]
28 Jun 2022, 6:56 pm
Creditors often need to deal with situations where debtors fail to pay debts that are owed. [read post]
27 Jun 2022, 9:50 am
Beware: property owned jointly is subject to any litigation or creditor issues of a joint owner. [read post]
27 Jun 2022, 9:38 am
The EBA also proposes that the text of Article 3(1)(b) of the MCD be amended to oblige the creditor borrower to expressly inform the borrower creditor of the purpose of the loan at the time of making the loan application. [read post]
27 Jun 2022, 9:34 am
On the other, bankruptcy restores some degree of material agency to the debtor as a subject, often at the expense of creditors. [read post]
27 Jun 2022, 9:34 am
On the other, bankruptcy restores some degree of material agency to the debtor as a subject, often at the expense of creditors. [read post]
27 Jun 2022, 5:30 am
The bankruptcy trustee may avoid transfers that the debtor made or incurred within two years before the filing of the bankruptcy petition if such transfer was made with actual intent to hinder, delay, or defraud a creditor or the debtor received less than fair market value for the transfer. [read post]
27 Jun 2022, 3:51 am
Thole: The law applicable to voidable payments by third parties under Article 16 EIR In its judgment of 22 April 2021 the ECJ decided that Article 16 EIR must be interpreted as meaning that the law applicable to the contract also governs the payment made by a third party in performance of a contracting party’s contractual payment obligation, where, in insolvency proceedings, that payment is challenged as an act detrimental to all the creditors. [read post]
26 Jun 2022, 7:36 pm
Despite the stay, however, the defendant creditors continued to pursue payments from the debtor. [read post]
26 Jun 2022, 9:58 am
Under Chapter 13, however, the debtor is offered a rearranged financial plan for paying off their creditors. [read post]
24 Jun 2022, 9:58 am
Costco Reaches Deal With Creditors, Banks in Swipe Fee MDLLaw 360 – June 17, 2022 (subscription required) Costco told a New York federal court Friday that it has reached a deal to end its direct action claims in 17-year-old multidistrict litigation accusing Visa, Mastercard and several banks of jointly maintaining a series of anti-competitive rules that cause merchants to pay high transaction fees. [read post]
24 Jun 2022, 7:23 am
Costco Reaches Deal With Creditors, Banks in Swipe Fee MDLLaw 360 – June 17, 2022 (subscription required) Costco told a New York federal court Friday that it has reached a deal to end its direct action claims in 17-year-old multidistrict litigation accusing Visa, Mastercard and several banks of jointly maintaining a series of anti-competitive rules that cause merchants to pay high transaction fees. [read post]
23 Jun 2022, 7:14 am
At issue were certain funds owed to the the debtor in the U.S. that a U.S. creditor was attempting to garnish. [read post]
23 Jun 2022, 7:13 am
S.D.N.Y.2007) was a departure from In re Sphinx where the court enumerated useful factors in making the CoMI determination but also found that the court should defer to the creditors' acquiescence in or support of a proposed CoMI. [read post]
23 Jun 2022, 2:24 am
To protect trust assets from the beneficiary’s creditors. [read post]
23 Jun 2022, 2:00 am
.; 6/22), the Delaware Supreme Court overruled a prior Chancery Court decision and held that an insolvent company’s transfer of pledged assets to secured creditors required stockholder approval under applicable provisions of the company’s charter. [read post]
22 Jun 2022, 3:30 am
’” Duties to creditors follow from influence over them near the debtor’s insolvency but do not flow from an abuse of corporate powers. [read post]
