Search for: "Creditors Recovery Corporation"
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11 Jun 2014, 1:11 pm
Why not just tell the creditors to pound sand? [read post]
2 Jun 2014, 2:33 pm
OCHA ENGINEERING CORP., Appellee. 3rd District.Creditors' rights -- Impleader of third parties -- Jurisdiction -- Non-residents -- Record on appeal did not establish basis for dismissal of creditor's impleader complaint for lack of personal jurisdiction or its basis for denying rehearing -- Sworn proof submitted by both creditor and third parties in support of their respective jurisdictional positions was in conflict in material respects and could not be reconciled… [read post]
6 May 2014, 8:35 am
Bankruptcy Court, Eastern District of Florida); Representing Official Committee of Unsecured Creditors in Syroco, Inc. chapter 11 case; securing recovery for creditors despite case’s administrative insolvency and conversion to chapter 7. [read post]
24 Apr 2014, 4:21 am
Background Hoku Corporation was a subsidiary of Tianwei New Energy Corporation. [read post]
15 Mar 2014, 8:58 am
Domestic law provisions protecting creditors and minority shareholders can be applied as overriding mandatory provisions in the sense of art. 9 Rome I Regulation. [read post]
12 Feb 2014, 11:47 pm
This is an opinion by Judge Holderman who held that a judgment creditor cannot force a judgment debtor to assign a potential legal malpractice claim to the creditor. [read post]
24 Jan 2014, 12:57 am
In many jurisdictions, corporate officials sued for their actions undertaken in their corporate capacity may be able to defend themselves in reliance on the “business judgment rule. [read post]
24 Jan 2014, 12:57 am
In many jurisdictions, corporate officials sued for their actions undertaken in their corporate capacity may be able to defend themselves in reliance on the “business judgment rule. [read post]
22 Jan 2014, 1:43 pm
WHO-IS-WHO AMONG THE CREDITORS’ BARDan G. [read post]
28 Oct 2013, 2:56 am
For obvious reasons, claimants and creditors want to establish that the D&O insurance policy exists for their protection and benefit. [read post]
16 Oct 2013, 7:46 am
All of this invoked the part of §547(b) that makes recoverable transfers “to or for the benefit of a creditor”. [read post]
8 Oct 2013, 8:00 am
The Bank did not want to have other Knight creditors to receive the benefit of any potential recovery it made available. [read post]
7 Oct 2013, 4:03 am
Hence, the corporation has to reacquire the share to cancel it (In re Enron Creditors Recovery Corp., 407 BR 17, 40 [Bankr SD NY 2009], revd on other grounds 422 BR 423 [SD NY 2009], affd 651 F3d 329 [2d Cir 2011]). [read post]
16 Sep 2013, 2:54 pm
Military Trail, Suite 150 Boca Raton, Florida 33431 Main: 561.361.6566 Fax: 561.3616466 Email: PAK@assoulineberlowe.com http://www.assoulineberlowe.com/ Intellectual Property, Labor & Employment, Creditors’ Rights & Bankruptcy, Business Litigation, Corporate & Finance, Real Estate, International Law Miami • Ft. [read post]
13 Sep 2013, 2:17 am
She argued that the court erroneously allowed recovery for transfers of property made more than two years before the bankruptcy petition was filed, and that the Trustee failed to prove the post-petition transfers were out of the ordinary course of business.In 2006, the Delaware Chancery Court found Jeffrey Prosser, jointly and severally liable for roughly $56,000,000 (“Greenlight judgment”) for his fraudulent acquisition of the outstanding public stock of the predecessor… [read post]
17 Aug 2013, 12:17 pm
We have defended debt collection lawsuits filed by numerous debt collectors, including A&A North American Financial, American Express, Arrow Financial Services, Asset Acceptance LLC, CACH LLC, Capital One, Cavalry Portfolio Services, Chase Bank USA, Chrysler Credit Corporation, Citibank, Discover Bank, Equable Ascent Financial, FIA Card Services, HFC Collection Center, HSBC Bank, Hudson & Keyse, JGB Portfolio Services, JP Morgan Chase, LVNV Funding, Mainstreet Acquisition… [read post]
17 Aug 2013, 12:17 pm
We have defended debt collection lawsuits filed by numerous debt collectors, including A&A North American Financial, American Express, Arrow Financial Services, Asset Acceptance LLC, CACH LLC, Capital One, Cavalry Portfolio Services, Chase Bank USA, Chrysler Credit Corporation, Citibank, Discover Bank, Equable Ascent Financial, FIA Card Services, HFC Collection Center, HSBC Bank, Hudson & Keyse, JGB Portfolio Services, JP Morgan Chase, LVNV Funding, Mainstreet Acquisition… [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]
13 Jun 2013, 4:00 am
However the courts should be mindful that double recovery ought to be avoided. [read post]
24 Apr 2013, 11:27 am
But I’m not sure the complaint will provide too much additional recovery to the understandably frustrated creditors. [read post]