Search for: "Bankruptcy Administrator" Results 21 - 40 of 5,671
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22 Apr 2024, 6:51 am by brbadmin
Trustee, a part of the DOJ that oversees the administration of bankruptcies, said in a court filing, opens new tab that Kirkland has a conflict of interest because one of its current clients is private equity firm Deerfield Partners, which is Invitae’s top lender and the ‘main beneficiary’ of a 2023 debt restructuring that placed Deerfield at the front of the line for repayment in Invitae’s bankruptcy. [read post]
A party may apply for a waiver only if 1) the asset’s costs have exceeded its revenue for the previous three years or it cannot meet its debts, and 2) there is a substantial risk of immediate failure or bankruptcy. [read post]
17 Apr 2024, 9:01 pm by Rodger Citron
He leveraged his administrative authority to appoint receivers in bankruptcy cases for kickbacks and investments in his businesses. [read post]
16 Apr 2024, 2:05 pm by Edelboim Lieberman PLLC
Section 1122 provides guidelines for classifying creditors’ claims when developing a reorganization plan, and it provides that small unsecured claims may be placed into a separate class “for administrative convenience” with the bankruptcy court’s approval. [read post]
15 Apr 2024, 6:00 am by Public Employment Law Press
Berle Memorial Award for their work on the Kodak bankruptcy proceedings and transition of Eastman Business Park. [read post]
15 Apr 2024, 6:00 am by Public Employment Law Press
Berle Memorial Award for their work on the Kodak bankruptcy proceedings and transition of Eastman Business Park. [read post]
10 Apr 2024, 3:45 pm by Jacob Fishman
Bankruptcy Code, substantive convergence of United States bankruptcy law to conform with the laws of other jurisdictions still seems unlikely. [read post]
10 Apr 2024, 7:13 am by Dylan Gibbs
”The application judge based his ruling on Redwater — the Supreme Court decision that confirmed the Alberta Energy Regulator’s environmental remediation claims take priority over secured creditors during bankruptcy proceedings. [read post]
9 Apr 2024, 9:01 pm by renholding
  Additionally, in objecting to the funds’ proofs of claim, the debtors take issues with the validity of a regulation issued by the Pension Benefit Guaranty Corporation (“PBGC”), the regulation under which the funds calculated the withdrawal liability.[7]  The PBGC filed a motion contending that the Administrative Procedure Act (“APA”) requires the bankruptcy court to accept as valid the regulation, arguing that the only way to challenge… [read post]
8 Apr 2024, 7:51 am by Adam Levitin
Our current bankruptcy system operates as a type of mutual credit insurance program, mutualizing losses among creditors, rather than sticking them all on one creditor. [read post]
6 Apr 2024, 11:12 am by Richard West
The Small Business Administration (SBA) Economic Injury Disaster Loan (EIDL) program is a federal loan program that provides financial assistance to small businesses that have suffered substantial economic injury as a result of a declared disaster, such as a pandemic, hurricane, or wildfire. [read post]
3 Apr 2024, 9:03 pm by renholding
Let me start by reminding you that my views are my own as a Commissioner and not necessarily those of the Securities and Exchange Commission (“SEC”) or my fellow Commissioners. [read post]
2 Apr 2024, 9:05 pm by renholding
The disconnect arises because bankruptcy’s critics work from a caricatured description of the bankruptcy process. [read post]
20 Mar 2024, 9:05 pm by renholding
Traditionally, senior lenders have wielded all the control in bankruptcy and out-of-court restructurings. [read post]
19 Mar 2024, 8:42 pm by Adam Levitin
Will Donald Trump file for bankruptcy? [read post]