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24 Nov 2017, 6:00 pm
Direct contests, property ownership challenges, and creditor claims are the three scenarios in which no-contest clauses are enforced in California courts. [read post]
25 Nov 2011, 3:51 pm
., has been asked to oversee MF Global's responses to federal investigators and push for speedy payouts to creditors. [read post]
31 May 2013, 8:00 am
A few state legislatures have constructed asset protection trust statutes that permit a grantor to create a trust that is shielded from the grantor’s creditors even though the grantor is be a beneficiary.The states with these statues include Nevada, Alaska,... [read post]
2 Jul 2007, 2:40 pm
A share of the assets subject to a floating charge is reserved for distribution to unsecured creditors in priority to the chargeholder in an administration, liquidation or receivership (s176A Insolvency Act 1986 - see below). [read post]
25 Feb 2009, 4:58 am
More than 1 million households would benefit from seeking protection from creditors under a proposed law that would let bankruptcy judges modify mortgage terms [read post]
16 Dec 2014, 2:00 pm
From JDJournal: Earlier this year, Thomas Jefferson School of Law missed a payment to creditors that had financed construction at the school. [read post]
6 Mar 2024, 6:20 am
A bulletproof trust is an irrevocable trust that prevents any creditor remedy from getting trust assets. [read post]
19 May 2024, 8:46 am
Florida debt collection laws are governed by the Florida Consumer Collection Practices Act (FCCPA), which prohibits debt collectors and creditors from using certain types of abusive, deceptive, and misleading... [read post]
28 Mar 2014, 10:40 am
Opening with a rhetorical question, the Iowa Supreme Court dismissed with prejudice a bar disciplinary matter How far can a lawyer go to assist a client in preserving assets from a potential creditor? [read post]
5 Aug 2014, 10:00 am
The case involves when a creditor may file a claim against an estate. [read post]
13 Oct 2014, 4:00 pm
In June, the United States Supreme Court ruled that an inherited IRA is no longer a retirement account and is not protected from creditors under federal bankruptcy law. [read post]
26 Feb 2015, 4:27 pm
Lewis, the former prominent personal injury lawyer who agreed to disbarment in September, owes various creditors approximately $1.3 million, according to court records. [read post]
19 Dec 2007, 5:14 am
I wonder why nobody thought of this before: "Creditors would be prohibited from…extending credit without considering borrowers' ability to repay... [read post]
21 Oct 2010, 12:00 pm
Icahn offered on Thursday to buy senior debt from creditors of Metro-Goldwyn-Mayer in return for their voting against a proposed deal with Spyglass Entertainment. [read post]
20 Jun 2011, 11:47 am
"A bankruptcy trustee is searching for 80 pieces of artwork once owned by a Dickson retirement plan manager who was sent to jail for embezzlement in the hopes of recovering money for his creditors. [read post]
9 Sep 2007, 9:16 pm
Official Committee of Unsecured Creditors, ___F. 3d ___(2d Cir. [read post]
13 Jan 2011, 4:18 pm
Harner and Jamie Marincic have posted Behind Closed Doors: The Influence of Creditors in Business Reorganizations on SSRN with the following abstract: General corporate law delegates the power to manage a corporation to the board of directors. [read post]
2 Jun 2013, 4:00 am
As I have previously discussed,a few state legislatures have constructed asset protection trust statutes that permit a grantor to create a trust that is shielded from the grantor’s creditors even though the grantor is be a beneficiary. [read post]
29 Apr 2013, 8:00 am
As I have previously discussed, problems have emerged for Arline Grant, whose husband established two Foreign Asset Protection Trusts to shield their assets from creditors. [read post]
8 Jul 2019, 4:00 pm
The personal representative (executor) has the responsibility to resolve creditor claims, get the... [read post]