Search for: "Creditors Recovery Corporation"
Results 381 - 400
of 495
Sort by Relevance
|
Sort by Date
2 Feb 2010, 2:40 pm
" While Bernie's Agency Agreement with Hilco Merchant Resources, LLC (which is conducting the going-out-of-business sales) provides for Hilco to pay Bernie's 80.3% of the aggregate cost of its merchandise, expected to be approximately $11.4 million, that amount is less than Bernie's secured debt of $12.7 million.While Bernie's and its secured creditor, RBS Citizens National Association, negotiated carve-outs for certain priority claims, including claims of… [read post]
31 Jan 2010, 1:16 pm
He pegged those losses at approximately $100 million per month and the resulting decrease in recoveries to unsecured creditors at up to 6% of the face value of their claim per month and stated that the Committee members ultimately decided that the likelihood of finding acquirers was too low to justify the reduced recoveries. [read post]
29 Jan 2010, 1:41 pm
He focuses on complex Chapter 11 reorganization and liquidation proceedings, including prepackaged and pre-negotiated restructurings, and represents corporate debtors, creditors, and purchasers. [read post]
17 Jan 2010, 6:28 pm
The creditor failed to establish either that the financial statement, which the creditor had a large part in preparing, was materially false, or that the creditor relied thereon in making the loans.Pendergast v. [read post]
13 Jan 2010, 8:55 pm
The plan also provides for the release of claims against the debtors' officers and directors, which would prevent Finance II's estate or creditors from pursuing recoveries from them.As a result, the motion asserts that Finance II's creditors would receive greater recoveries, and hence be better off, if Finance II's case is converted to chapter 7. [read post]
8 Jan 2010, 12:43 am
Defendants are embracing this strategy in the face of shrinking corporate legal budgets, and the united front can also pose a more powerful force in court or at the negotiating table. [read post]
4 Jan 2010, 6:31 am
In a recent working paper Creditor Rights and Corporate Risk-Taking, we study the effect of creditor rights in bankruptcy on corporate risk-taking. [read post]
1 Jan 2010, 4:08 am
Another illegal voicemail case involves Enhanced Recovery Corporation out of Florida. [read post]
30 Dec 2009, 9:45 pm
Due to what has been billed as the largest corporate fraud in India, the Government acted with great alacrity in rescuing the company and in protecting the interests of the investors, employees, creditors and customers. [read post]
14 Dec 2009, 1:29 am
So the signs are that the claims against the directors and officers of failed banks are coming, and that one of the principal purposes of the exercise is to try extract recoveries from the banks’ D&O insurance policies. [read post]
12 Dec 2009, 6:14 pm
GARNISHMENT OF INCOME AND OTHER DEBTS A creditor may enforce an order for repayment or recovery of money by garnishing the debts payable to the debtor by other persons, referred to as “garnishees”. [read post]
11 Dec 2009, 11:38 am
The FDIC will be able to unwind a failing firm so that existing contracts can be dealt with and creditors' claims can be addressed. [read post]
6 Dec 2009, 6:48 pm
Some economists are projecting a recovery in the second half of this year. [read post]
4 Dec 2009, 12:39 pm
If Chrysler was failing, shouldn't it simply be destroyed, to pave the way for better, more creative corporations? [read post]
2 Dec 2009, 6:52 pm
All other holders of claims and interests against the Plan Debtors would receive a 100% recovery and be unimpaired under the Plan. [read post]
29 Nov 2009, 11:54 am
The common scenario in the regard is the LLC or Corporate entity that owes employment tax, that may later be assessed as a trust fund recovery penalty against the owner. 3. [read post]
25 Nov 2009, 1:11 pm
I can divide up assets available to my business creditors--those in the corporation--and those available to my personal creditors. [read post]
20 Nov 2009, 6:45 am
Do your creditors care that you are disabled? [read post]
19 Nov 2009, 6:26 am
Creditors and counterparties left behind would suffer losses to the extent that the assets of the company were less than its liabilities, subject to their guaranteed minimum recovery. [read post]
2 Nov 2009, 11:11 am
As a result, creditors other than the DIP lenders are unlikely to receive any recovery on account of their claims other than equity in the new GM.netDockets has made a complimentary copy of the monthly operating report available on JDSupra.About netDockets:With over 1.4 million documents filed in over 700 of the largest corporate chapter 11 bankruptcy cases, all professionally-coded to be quickly and easily searchable, netDockets allows you to find not just more precedent,… [read post]
