Search for: "Creditors Recovery Corporation"
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7 Mar 2017, 4:28 pm
The Federal Housing Finance Agency (FHFA) recovered nearly $19 billion in connection with the sale of mortgage-backed securities, and the National Credit Union Administration (NCUA) recovered more than $4 billion for creditors of failed financial institutions. [read post]
3 Jan 2012, 6:19 pm
Corporations formed outside of California may nevertheless be subject to California corporate law. [read post]
31 Jan 2010, 1:16 pm
He pegged those losses at approximately $100 million per month and the resulting decrease in recoveries to unsecured creditors at up to 6% of the face value of their claim per month and stated that the Committee members ultimately decided that the likelihood of finding acquirers was too low to justify the reduced recoveries. [read post]
26 Dec 2008, 6:00 am
This section adopts the unique approach of positing a hypothetical fact pattern for an insolvent company (with enough value to provide a recovery for unsecured creditors) and having each state's contributing author–in Jon's words–"choose the best liquidation procedure available under the relevant state's laws [and] answer a series of questions about how the procedure would work. [read post]
5 Dec 2018, 4:28 pm
Coal and defraud its creditors” by entering into various agreements that provided the entities with a higher return on investment and a preferred recovery in the event of U.S. [read post]
22 Jul 2014, 12:23 pm
Any “recoveries realized” by a trustee or debtor-in-possession “become part of the estate for the benefit of the creditors. [read post]
8 Oct 2011, 4:36 am
The term does not include – (A) any officer or employee of a creditor while, in the name of the creditor, collecting debts for such creditor; (B) any person while acting as a debt collector for another person, both of whom are related by common ownership or affiliated by corporate control, if the person acting as a debt collector does so only for persons to whom it is so related or affiliated and if the principal business of such person is not the collection… [read post]
27 Mar 2008, 12:57 am
The filer, called Enron Creditors Recovery Corp., alleges that with the help of banks like Citigroup, Enron kept creditors in the dark about the company's financial troubles by using shady accounting. [read post]
27 Oct 2022, 12:17 pm
AB 2311 also allows for recovery of three times the amount of any GAP charges paid by the consumer for a violation by the seller or holder of the sales contract. [read post]
26 May 2021, 6:39 pm
After an incredibly rocky second quarter, the private equity market made a significant recovery in the second half of 2020. [read post]
26 May 2021, 6:39 pm
After an incredibly rocky second quarter, the private equity market made a significant recovery in the second half of 2020. [read post]
24 Oct 2011, 6:08 pm
The decision also shaved the maximum possible recovery in the Katz and Wilpon clawback suit from $1 billion to under $400 million. [read post]
20 Jun 2017, 4:49 am
Whereas “good” forum shopping, usually done by a legal person, tends to benefit the general body of creditors, “bad“ forum shopping, usually done by a natural person, tends to escape the creditors or generally disadvantages them. [read post]
16 Oct 2007, 1:20 am
In a number of cases, this 210 day limit has depressed the value of the debtor's leases and the recovery for its creditors. [read post]
10 Sep 2011, 1:32 pm
Sections 2 and 5 also limit the recovery of a creditor who acquired the right to obtain payment for an obligation secured by the real property from another person who owned that obligation. [read post]
22 Aug 2012, 11:59 pm
Irrespective of the long standing relation of creditor and borrower, in some cases, the Bank may be unreasonable towards a borrower and may insist for recovery of the entire outstanding dues even if the borrower commits a default in respect of only one facility among many other facilities extended to the same borrower. [read post]
13 Jun 2013, 4:00 am
However the courts should be mindful that double recovery ought to be avoided. [read post]
7 Jun 2010, 8:34 am
All kidding aside, you'll be asked at your First Meeting of Creditors, about 40 days after you file, whether you listed all your assets and all your creditors, and there's little wiggle room. [read post]
1 Mar 2019, 5:57 am
The cleaning up of bad loans is seen by both regulators and investors as crucial for the recovery of the Italian banking sector. [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]
