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7 May 2024, 6:47 am
Jones presided over Bouchard’s bankruptcy in the US Bankruptcy Court for the Southern District of Texas. [read post]
3 May 2024, 3:00 am
National/Federal Gateway Pundit to File for Bankruptcy Amid Election Conspiracy Lawsuits MSN – Will Sommer (Washington Post) | Published: 4/24/2024 Gateway Pundit, the popular far-right blog, is filing for bankruptcy as it faces lawsuits alleging it promoted bogus claims about the 2020 election. [read post]
29 Apr 2024, 9:05 pm
None of these suggestions, however, reflect the arc of bankruptcy case control, the development of safeguards covering conflicted corporate governance in bankruptcy, and the realities of bankruptcy case administration. [read post]
26 Apr 2024, 9:04 pm
Instead, it's just easier to handle claim allowance administratively through the trust structure. [read post]
23 Apr 2024, 9:05 pm
Bankruptcy Code does not have a formal regulatory framework for pre-packs. [read post]
22 Apr 2024, 6:51 am
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]
18 Apr 2024, 11:21 am
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
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
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]
16 Apr 2024, 1:13 pm
How will the bankruptcy impact your accounts receivable? [read post]
16 Apr 2024, 12:30 pm
Purpose of the Act The Act is designed to provide a legal framework for the creation and administration of land trusts within the state. [read post]
15 Apr 2024, 6:43 pm
The provider/supplier is not currently insolvent or in bankruptcy. [read post]
15 Apr 2024, 6:00 pm
["This isn’t about forum shopping. [read post]
15 Apr 2024, 6:00 am
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
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
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
”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
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
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
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]
