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20 Feb 2022, 5:01 am
In this case, however, there are no concerns that appellant is seeking to avoid or obstruct criminal prosecutions, avoid creditors, or perpetrate a fraud. [read post]
20 Feb 2022, 3:58 am
All company assets must be used to pay creditors in accordance with the liquidation procedure. [read post]
18 Feb 2022, 6:01 am
Hall and Leor Landa, Davis Polk & Wardwell LLP, on Monday, February 14, 2022 Tags: Inside information, Insider trading, Merger litigation, Mergers & acquisitions, SEC, SEC enforcement, Securities enforcement, Securities litigation Human Capital Management and Diversity Disclosures and Practices Posted by Benjamin Colton, Holly Fetter and Aneta McCoy, State Street Global Advisors, on Monday, February 14, 2022 Tags: Board… [read post]
18 Feb 2022, 4:50 am
Creditors, predators, and divorcing spouses are generally blocked from reaching inside the box and taking property out. [read post]
17 Feb 2022, 8:08 am
If such lien is created at the time of recordation, whether the effective date of creation of that lien relates back to the date of the judgment for purposes of establishing the date a creditor obtained a lien against the judgment debtor’s real property. [read post]
16 Feb 2022, 9:25 am
In addition, bankruptcy courts require that an application for retention be “accompanied by a verified statement of the person to be employed setting forth the person’s connections with the debtor, creditor, any other party in interest, their respective attorneys and accountants, the United States trustee, or any person employed in the office of the United States trustee. [read post]
16 Feb 2022, 8:50 am
The Delaware LLC also has protections against a reverse-pierce where Delaware limits the judgement rights of creditors of LLC members to “charging orders”, which means the creditors of a member can at best obtain a judgement to receive that member’s distributions from the LLC but cannot become a member or cause the LLC to foreclose or liquidate. [read post]
16 Feb 2022, 5:30 am
IRAs are exempt assets in bankruptcy proceedings, and are thus beyond the reach of the debtor’s creditors. [read post]
15 Feb 2022, 12:32 pm
The Court of Appeals of the State of California, Second Appellate District, recently affirmed a trial court’s denial of a judgment creditor’s application for sale of the debtor’s dwelling to satisfy the creditor’s money judgment, finding the application was deficient. [read post]
15 Feb 2022, 12:30 pm
Previously, for example, Congress has made it unlawful for creditors to require active duty members of the military or their dependents to arbitrate, has banned pre-dispute arbitration provisions in motor vehicle franchise agreements and home mortgage contracts, and has given swine contract producers and live poultry growers the right to decline arbitration before entering into contracts. [read post]
15 Feb 2022, 6:39 am
Creditors noticed that they could circumvent such control through the EPO. [read post]
14 Feb 2022, 9:52 pm
Generally, creditors are able to collect debts from either the primary borrower or a co-signer. [read post]
14 Feb 2022, 10:53 am
The debt collectors argued that the plaintiffs could not have suffered a concrete harm because there was no evidence the CRA sent their credit reports to potential creditors. [read post]
13 Feb 2022, 9:53 am
All bankruptcy chapters deal with all of the debtor’s debts and creditors and not just the one debt or creditor that is their major concern. [read post]
13 Feb 2022, 7:56 am
Creditors can not make demands during the meeting, nor can they pressure the debtor. [read post]
12 Feb 2022, 10:55 am
Although joint ownership will allow the home to automatically pass to the non-spouse survivor, it provides no mechanism for the children to get twill be vulnerable to your partner’s creditors. [read post]
11 Feb 2022, 1:33 pm
Creditors and collections agencies are contacting him more and more often, causing significant stress. [read post]
11 Feb 2022, 7:15 am
They typically have a much better opportunity to obtain a recovery on their claims in bankruptcy, as secured creditors are typically paid before unsecured creditors. [read post]
11 Feb 2022, 7:15 am
They typically have a much better opportunity to obtain a recovery on their claims in bankruptcy, as secured creditors are typically paid before unsecured creditors. [read post]
11 Feb 2022, 6:36 am
Much of their firm’s practice was devoted to debtor/creditor suits. [read post]