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8 Aug 2022, 8:25 am by divi
If there’s no off-ramp for a limited partner, they can be disruptive and may start legal action to get what could have been accomplished through an ownership agreement If a partner dies, declares bankruptcy, or is divorced, other partners may have to unexpectedly come up with the funds to buy out their share of the business. [read post]
8 Aug 2022, 5:30 am by Danielle Lin
A Chapter 13 bankruptcy also provides benefits that a Chapter 7 cannot. [read post]
8 Aug 2022, 4:02 am
Federal Court Denies Legend Securities President Bankruptcy Discharge of FINRA Customer Arbitration Award (BrokeAndBroker.com Blog)SEC Brings Charges Over Unregistered Offerings of Conservation Easement Investments (SEC Release)SEC Charges Angel Oak Capital Advisors with Misleading Investors in $90 Million Fix-and-Flip Securitization (SEC Release)SEC Proposes to Enhance Private Fund ReportingStatement on Proposed Amendments to Form PF by SEC Commissioner Caroline A. [read post]
8 Aug 2022, 4:02 am
Federal Court Denies Legend Securities President Bankruptcy Discharge of FINRA Customer Arbitration Award (BrokeAndBroker.com Blog)What Happens When A Company Murders Another Company By Poisoning It's Board? [read post]
7 Aug 2022, 11:22 am by Kevin LaCroix
  The new securities complaint also refers to the company’s May 2022 disclosure that “Because custodially held crypto assets may be considered to be the property of a bankruptcy estate, in the event of a bankruptcy, the crypto assets we hold in custody on behalf of our customers could be subject to bankruptcy proceedings and such customers could be treated as our generally unsecured creditors. [read post]
7 Aug 2022, 10:04 am by Tom Smith
Orban explained that there had been the great paradigm shift following World War I, and then World War II, and then the end of Communism in Hungary in 1990—and then the “great Western financial collapse” of 2008, which revealed the bankruptcy of the elites and their betrayal of the middle and working classes in America and Western Europe. [read post]
7 Aug 2022, 5:30 am by Col Ovik
Section 362 provides that a bankruptcy petition "operates as a stay, applicable to all entities" and "generally prohibits attempts to collect prepetition debts against the debtor or the debtor's property or attempts to enforce liens and other interests against property of the bankruptcy estate” [read post]
5 Aug 2022, 10:00 am by Nicholas Gebelt
The post Payment of Postpetition Interest in Chapter 11 and Chapter 13 Plans appeared first on Southern California Bankruptcy Law Blog. [read post]
5 Aug 2022, 8:50 am by Venkat Balasubramani
The court relies on two decisions: (1) In re CTLI, a bankruptcy ruling from 2015 blogged here: “Company’s Social Media Accounts Transferred in Bankruptcy” and (2) Int’l Bhd. [read post]
5 Aug 2022, 5:30 am
I know bankruptcy is scary and can make you feel alone and afraid. [read post]
4 Aug 2022, 4:12 pm by Tom Smith
Sri Lanka may be the first modern nation to adopt deliberate policies that have led to mass hunger and bankruptcy. [read post]
4 Aug 2022, 9:34 am by Peter Charles
What most applicants do not know is they also have to take a financial education course before the petition for Chapter 7 bankruptcy can be approved. [read post]
., which sold $1.6B of L bonds to investors through brokerage firms like Centaurus, filed for Chapter 11 bankruptcy protection in April 2022. [read post]
4 Aug 2022, 5:09 am by Ronald K. Vaske
  The FDIC indicates that FDIC deposit insurance does not protect a non-bank’s customers against the default, insolvency, or bankruptcy of any non-bank, including crypto custodians, exchanges, brokers, wallet providers, or other entities that appear to mimic banks but are not, called “neobanks. [read post]
3 Aug 2022, 5:46 pm by Nicholas Gebelt
Prior to filing the bankruptcy petition, the debtor has assets and debts. [read post]
3 Aug 2022, 2:15 pm by Kevin
Jones’s company, which he calls “Free Speech Systems,” filed for bankruptcy protection last week, but he is also being sued for allegedly using shell companies to hide assets. [read post]