Search for: "Debtors and Debtors in Possession"
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23 Apr 2020, 9:12 am
” Simply put, F21 asked that it be allowed to keep its assets at, and in essence remain in possession of, leased premises rent-free while stores are closed due COVID-19 orders. [read post]
21 Apr 2020, 2:54 pm
The landlord can then take back possession of the premises for purposes of re-leasing the premises, and may also assert a claim in the bankruptcy for damages resulting from the lease termination. [read post]
21 Apr 2020, 2:54 pm
The landlord can then take back possession of the premises for purposes of re-leasing the premises, and may also assert a claim in the bankruptcy for damages resulting from the lease termination. [read post]
21 Apr 2020, 2:54 pm
The landlord can then take back possession of the premises for purposes of re-leasing the premises, and may also assert a claim in the bankruptcy for damages resulting from the lease termination. [read post]
21 Apr 2020, 2:30 pm
A SBRA debtor is a “debtor in possession. [read post]
21 Apr 2020, 12:52 pm
Because of this fact, the court found that the parties did not intend for Debtor to obtain possession until it had paid for the lumber. [read post]
16 Apr 2020, 4:14 pm
In connection with their debtor-in-possession financing, Craftworks requested and received approval by the court to pay only “critical expenses” (and, of course, defer post-petition rent and other lease-related expenses) for six weeks of bankruptcy “on ice. [read post]
13 Apr 2020, 9:47 am
” [Slip op. at 7] At the time of the founding, jurisdiction over bankruptcy cases was primarily in rem rather than in personam, and the first Bankruptcy Act expressly ordered states to release certain debtors. [read post]
9 Apr 2020, 7:05 am
The debtor keeps it, notwithstanding judgments or bankruptcy. [read post]
6 Apr 2020, 1:40 pm
While the declaration of a dividend often creates an irrevocable debtor-creditor relationship, corporations may nonetheless have latitude in determining whether and how to proceed and should seek appropriate guidance. [read post]
31 Mar 2020, 4:31 am
Debt trading can occur by way of assignment, but notice must be given to the debtor and the guarantor. [read post]
27 Mar 2020, 2:25 pm
The Subchapter V Trustee does not have the broad powers of a Chapter 11 Trustee because he or she does not take possession of property of the estate and responsibility for the operations although, as in chapter 11, a traditional trustee may be appointed if the grounds exist under section 1104, such as fraud or gross mismanagement. [read post]
27 Mar 2020, 2:25 pm
The Subchapter V Trustee does not have the broad powers of a Chapter 11 Trustee because he or she does not take possession of property of the estate and responsibility for the operations although, as in chapter 11, a traditional trustee may be appointed if the grounds exist under section 1104, such as fraud or gross mismanagement. [read post]
24 Mar 2020, 9:58 am
As we have written elsewhere, there are other options that the Italian government possesses as well, such as that under Article 3 of the Public Debt Act of 2003. [read post]
A guide to interpreting the Small Business Reorganization Act of 2019 without driving yourself crazy
22 Mar 2020, 9:24 am
Property of the estate remains in possession of the debtor in normal circumstances. [read post]
19 Mar 2020, 10:35 am
Introduction Murray Metallurgical Coal Holdings, LLC (“Met Holdings”) and its affiliated debtors and debtors in possession (collectively, the “Debtors”) have filed a motion—commonly known as a “critical vendors motion”—seeking authority to pay the prepetition claims of certain creditors that supply them with critical goods and services (the “Motion”) (Doc. 8). [read post]
29 Feb 2020, 1:43 pm
The Debtor’s Case Must Be Simple. [read post]
29 Feb 2020, 10:14 am
Drabinsky was more than just another debtor; he was a rather renowned debtor who was very much in the public eye. [read post]
29 Feb 2020, 1:10 am
Interestingly, it does not define the COMI and therefore, determining COMI possesses the greatest challenge. [read post]
29 Feb 2020, 1:10 am
Interestingly, it does not define the COMI and therefore, determining COMI possesses the greatest challenge. [read post]
