Search for: "Debtors and Debtors in Possession"
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3 Feb 2010, 10:59 am
These include retirement savings, a certain amount of home equity, personal possessions without much value and heirloom jewelry. [read post]
25 Jan 2012, 11:04 am
Bankruptcy Court for the District of New York with Kodak as the debtor-in-possession. [read post]
22 May 2011, 1:39 pm
If the intellectual property rights are not generating any income or it is minimal, a trustee may allow a debtor to keep possession of the asset. [read post]
10 Feb 2009, 5:08 am
Chapter 11 is the answer for this type of debtor. [read post]
29 Nov 2011, 12:00 am
Mounting debts and a slow economy have made the repayment of loans an uphill task for most debtors. [read post]
12 Nov 2013, 9:47 am
If a property owner is in chapter 11, then the owner will normally be the debtor in possession and they will control the litigation of the eminent domain matter. [read post]
12 Nov 2013, 9:47 am
If a property owner is in chapter 11, then the owner will normally be the debtor in possession and they will control the litigation of the eminent domain matter. [read post]
19 Nov 2012, 2:27 pm
The 7th Circuit concluded that rejection of a trademark license was similar to rejection of a lease, which does not end the tenant’s right to possession of the premises. [read post]
26 Jan 2022, 4:00 am
B-3 (BIA) is to relieve an honest and unfortunate debtor of their debts and liabilities. [read post]
10 Mar 2021, 12:23 pm
Your possessions are sold in bankruptcy. [read post]
9 Nov 2011, 7:04 am
When a debtor designates some piece of property as exempt, it leaves the bankruptcy estate, that mythical pile of possessions that the debtor entered bankruptcy with. [read post]
10 Feb 2020, 4:42 am
It can also temporarily halt foreclosure or eviction proceedings, although if your landlord has already secured judgment of possession, it would already be too late even with an automatic stay. [read post]
16 Dec 2015, 12:36 pm
If a business as debtor-in-possession is not performing or is allegedly engaged in conduct detrimental to the creditors, the creditors can petition to replace the business directors or owners. [read post]
1 Feb 2013, 10:07 am
The appeal court said the pensioners’ clams were protected under the Pension Benefits Act as “deemed trusts” and should take priority.The Pension Benefits Act is incompatible with federal laws that rank debtor-in-possession lenders first in the contest for creditor primacy. [read post]
11 Dec 2023, 2:00 am
Coping with the loss of these possessions can evoke grief and sadness. [read post]
7 Jan 2011, 6:11 pm
Continuing with the list of top 20 celebrity tax debtors: 10. [read post]
15 Dec 2014, 2:48 pm
§348(f) says that, in a Chapter 13 case converted to Chapter 7 in good faith, the “property of the estate” is the property that the debtor came into bankruptcy with and “remains in the possession of or is under the control of the debtor on the date of conversion. [read post]
25 Oct 2013, 5:44 pm
For many Americans, a house and a car are two of the most valuable possessions they will ever own. [read post]
6 Sep 2019, 10:41 am
SeeZeecon, 305 S.W.3d at 818–20 (holding that “failure to properly serve the debtordeprived the trial court of jurisdiction over the debtor’s property—the res,” butpointing out that a “mere irregularity” is waivable and will not render the garnishmentjudgment void).The supreme court has identified “three parties” to a garnishment action: (1) acreditor (the garnishor), (2) a debtor (also referred to as “the… [read post]
31 May 2012, 11:49 am
News accounts of the hearing on the first-day motions in the Dewey & LeBoeuf bankruptcy reported that the secured lenders whose cash collateral the liquidating debtor-in-possess must use to wind down its affairs asked for a lien on avoidance actions (popularly known as “clawbacks” although I would subtract points on a bankruptcy final exam from any student who used that term) as additional collateral. [read post]
