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10 May 2009, 8:53 pm
It seems increasingly likely that GM will follow Chrysler into bankruptcy: GM recently announced that it would pay its trade creditors five days earlier than usual, which looks like an attempt to settle up with trade creditors before the filing.There has also been some discussion of using the Chrysler "quick sale" approach in connection with GM. [read post]
20 Sep 2012, 7:36 am by Keith Mullen
The “forbearance” agreement between a lender and a borrower is an important piece of an orderly sale of a company (as it sells all of its assets and pays creditors). [read post]
20 Sep 2012, 7:36 am by Keith Mullen
The “forbearance” agreement between a lender and a borrower is an important piece of an orderly sale of a company (as it sells all of its assets and pays creditors). [read post]
26 Mar 2009, 10:05 am
More than 1,000 items from Marc Dreier's old firm are being auctioned off at this very moment, but lawyers representing creditors of Dreier LLP are wondering if they'll see any of the proceeds. [read post]
1 May 2014, 7:11 pm by Maureen Johnston
Alguire 13-913 Issue: Whether a federal equity receiver has standing to assert claims on behalf of the receivership’s creditors generally. [read post]
27 Apr 2010, 5:25 am by Sandy
The Second Circuit has held that the administrator of an estate can represent the estate pro se where the estate has no other beneficiaries (other than the administrator) or creditors. [read post]
26 Aug 2010, 8:47 am by hollywoodreporter
The tax agency has filed a claim for $432,724.30 in unpaid business taxes against Capco, one of the five Bergstein companies creditors are trying to force into bankruptcy. [read post]
17 Jun 2010, 1:34 pm by JJS
In this article from Law 360, Bankruptcy & Creditors’ Rights Partner James A. [read post]
12 Aug 2016, 7:29 am by Cathy Moran
All these steps take time and cost the creditor something. [read post]
16 Aug 2013, 2:44 am by Admin
Even though the same creditor has judgments against both spouses for the same amount of money, the creditor does not possess a joint judgment. [read post]
14 Sep 2015, 5:50 am by Admin
The creditor my trace the money wrongfully obtained in to the debtor’s home. [read post]
28 Aug 2020, 1:14 pm by shmedia
It turns out that although you no longer owe money to your creditor who you now potentially have a new creditor to deal with, the IRS. [read post]
31 Jan 2010, 8:35 pm by Hull & Hull LLP
  Advertising for creditors is therefore an essential step in protecting the estate trustee from liability and ensuring that the creditors of the deceased have had the opportunity to be paid. [read post]
1 Sep 2009, 4:14 pm by Peter Klose
If a creditor objects to a claimed exemption, it is the creditor that has the burden to prove that a debtor’s account funds are not exempt or seek to enforce a restraining notice elsewhere. [read post]
12 May 2022, 2:25 am by Cari Rincker
The creditor filed a motion seeking to pierce the veil of Baldwin’s LLC and won the case on appeal. [read post]
7 Feb 2021, 11:40 pm by NWDRLF
Bankruptcy enables a debtor to virtually pay all of his or her debts to creditors. [read post]