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14 Jul 2010, 12:30 am by Randall Reese
Also yesterday, Bankruptcy Judge Dorothy Eisenberg entered an order scheduling an expedited hearing on the Creditors' Committee's motion. [read post]
30 Jun 2010, 10:12 pm by Randall Reese
 Thoma-Sea is the second largest unsecured creditor of the debtors, but was apparently excluded from the Creditors' Committee because of contentious on-going litigation between an affiliate of Thoma-Sea and a non-debtor affiliate of Gulf Fleet. [read post]
30 Jun 2010, 3:03 pm by Ross B. Intelisano
In 2008, Bayou's unsecured creditors' committee filed an arbitration claim against two Goldman units. [read post]
28 Jun 2010, 5:15 am by Law is Cool
We took stock of the progress of the Basel Committee on Banking Supervision (BCBS) towards a new global regime for bank capital and liquidity and we welcome and support its work. [read post]
26 Jun 2010, 4:59 pm by Hedge Fund Lawyer
In addition to hedge fund registration, other major provisions of the bill which will likely have an impact on hedge funds and the investment management industry include: New Consumer Financial Protection Bureau with a Consumer Hotline New Financial Stability Oversight Council (could potentially require funds to be subject to supervision by Federal Reserve) Volcker Rule (limiting bank prop trading and sponsorship of hedge funds) Increased Transparency into OTC Derivatives (including foreign… [read post]
25 Jun 2010, 9:22 am by James Hamilton
A House-Senate conference committee has reported out the Dodd-Frank Wall Street Reform and Consumer Protection Act providing for a sweeping overhaul of the regulation of US financial services and markets. [read post]
21 Jun 2010, 5:53 pm by Randall Reese
The United States Trustee announced the appointment of an Official Committee of Unsecured Creditors for South Bay Expressway, L.P. [read post]
15 Jun 2010, 6:55 pm by Randall Reese
AeroThrust Corporation The Official Committee of Unsecured Creditors asked the Delaware bankruptcy court to convert the chapter 11 cases of AeroThrust Corporation  to chapter 7 liquidations yesterday. [read post]
11 Jun 2010, 8:36 am by Joseph C. McDaniel
If an unsecured creditor or the bankruptcy trustee objects to confirmation, §1325(b)(1) requires the debtor either to pay unsecured creditors in full or to pay all “projected disposable income” to be received by the debtor over the duration of the plan. [read post]
7 Jun 2010, 4:44 pm by Randall Reese
Thoma-Sea asserts that it is entitled to be appointed to the Creditors' Committee because Gulf Fleet listed Thoma-Sea as its second-largest unsecured creditor in its petition with a $451,000 undisputed claim. [read post]
7 Jun 2010, 8:34 am by Joseph C. McDaniel
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]
3 Jun 2010, 1:11 pm by Randall Reese
  In the last twelve months, judges in Delaware have rejected the appointment of equity committees in the Smurfit-Stone Container Corp. [read post]
23 May 2010, 7:12 am by Joseph C. McDaniel
FIND AN ARIZONA BANKRUPTCY LAWYER WHO IS BOARD CERTIFIED IN BANKRUPTCY LAW, AV RATED, AVVO 10 RATED, ON SUPERLAWYERS, OR JUST VERY EXPERIENCED AND A FORMER CHAIR OF SOME BANKRUPTCY SECTION OR COMMITTEE. [read post]
21 May 2010, 4:38 am by James Hamilton
See Senate Banking Committee Report, Apr 30, 2010.The legislation also authorizes the PCAOB to share confidential inspection and investigative information with foreign audit oversight authorities under specified circumstances. [read post]
17 May 2010, 5:21 pm by Randall Reese
The motion was opposed by the Official Committee of Unsecured Creditors appointed in PTC's bankruptcy cases, but only to the extent that the appointment of a retiree committee could result in additional professional fees to the bankruptcy estates. [read post]