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9 Feb 2009, 1:02 am
A landlord has no automatic right to be paid rent as an administration expense and, as regards rent falling due after the date of the administration order, the landlord is an unsecured creditor of the tenant company. [read post]
15 Nov 2009, 4:23 pm
student loan law changes debts arising from a divorce order creditors not notified of the bankruptcy student loans you may not discharge all your debt payroll taxes, the loan that lives forever [read post]
8 Jan 2012, 11:15 am
The simple answers are usually painfully wrong, and the real art of asset protection is the exercise of considerable forethought as to how the structure will work under extreme duress, with creditors getting writs and orders so as to financially strangle the Debtor. [read post]
8 May 2009, 7:09 am
Updated: A group of Chrysler creditors opposing the carmaker's reorganization will disband after two more investment firms withdrew from its membership, a lawyer representing the firms told DealBook on Friday. [read post]
4 Nov 2011, 12:24 pm
Dippin' Dots, which sells flash-frozen ice cream shaped into round pellets, has been struggling with its creditors and owes more than $11 million to Regions Bank. [read post]
25 Nov 2009, 8:49 am
Dubai will ask creditors of two of its flagship firms for a standstill on debt worth billions of dollars as a first step toward restructuring Dubai World, the conglomerate that spearheaded the emirate's breakneck growth. [read post]
5 Aug 2010, 3:03 pm
Goldman Sachs, which is suing to overturn a $20.5 million arbitration award to creditors of the failed hedge fund firm Bayou Group, received support from the Securities Industry and Financial Markets Association. [read post]
30 Sep 2010, 2:07 pm
A federal bankruptcy judge approved the sale of The Philadelphia Inquirer and The Philadelphia Daily News to the newspapers' senior creditors for about $139 million, including $105 million cash. [read post]
9 Apr 2008, 2:46 pm
As the major (English) trading creditor of the London branch of a troubled bank registered and with its principal operations and headquarters in Switzerland but with other branches in a variety of largely offshore jurisdictions, what insolvency process would you... [read post]
27 Aug 2007, 7:57 am
The employer initially prevailed and the client filed a chapter 7 bankruptcy, listing the lawyer as an unsecured nonpriority creditor owed $190,000 for legal... [read post]
21 Aug 2012, 3:51 pm
The defunct law firm Dewey & LeBoeuf LLP has collected $39.9 million in unpaid client bills, court filings show, but owes creditors many millions more. [read post]
18 Jun 2008, 5:13 pm
Enron is distributing $4 billion to unsecured creditors which brings the total distributions to $20 billion under the Plan of Reorganization or about 50% of all claims according to an Enron press release which you can access here. [read post]
24 Aug 2008, 7:32 pm
., --- F.3d ---, 2008 WL -------(5th Cir. 2008)(there is no preference where creditor was a beneficiary of a construction trust fund of which... [read post]
28 Feb 2022, 5:30 am
Bankruptcy filing stops creditor collection efforts from continuing. [read post]
3 Jun 2009, 3:56 pm
Paul Weiss bankruptcy partner Andrew Rosenberg, counsel to an ad hoc group of GM bondholders, explains why the group chose not to join a committee of unsecured GM creditors selected Wednesday afternoon in New York City. [read post]
27 Oct 2010, 3:23 am
., the country's state-run financier, said it may purchase temporary control of Hynix Semiconductor by forming a private-equity fund should creditors fail to find a capable buyer of the chipmaker. [read post]
10 May 2024, 10:29 am
Fraudulent transfer laws in the Cook Islands are primarily aimed at preventing individuals from unlawfully escaping creditors by moving assets out of their reach. [read post]
25 Sep 2009, 2:43 am
Lehman Brothers Holdings and its unsecured creditors asked a bankruptcy judge on Thursday to unseal court documents related to an investigation of the sale of Lehman's core U.S. assets to Barclays. [read post]
6 Apr 2011, 11:02 pm
Borders presented a restructuring plan to its creditors that promised publishers and landlords a sleeker, more efficient company poised to emerge successfully from bankruptcy through increased online sales and revamped stores. [read post]
7 Jun 2010, 6:34 am
A majority of the Georgia Supreme Court held today that the Administrator of the state's Fair Business Practices Act has no authority to compel a law firm engaged in debt collection on behalf of creditors to comply with his investigative... [read post]
