Search for: "Unsecured Creditors Committee "
Results 421 - 440
of 576
Sorted by Relevance
|
Sort by Date
21 Apr 2021, 12:24 pm
Some of those benefits include (a) not having a committee of unsecured creditors appointed (except for cause, after notice and a hearing) whose attorney’s fees would be paid by the debtor’s estate, (b) 90 days from the petition date for the debtor to file a plan, (c) elimination of the ability of other parties to file a competing plan, (d) a much easier road to confirmation of a Chapter 11 plan with elimination of the absolute priority rule and the… [read post]
21 Feb 2011, 2:35 pm
The new rules, including clarification on the valuation of secured creditors' collateral and that secured creditors will absorb losses along with unsecured creditors for any unsecured portion, are supposed to incentivize institutions to opt for highly liquid and less volatile collateral. [read post]
8 Jan 2010, 10:37 am
However, the Chapter 11 bankruptcy would have also required the company to engage professionals to market the company, to draft the requisite sale motion or plan and to investigate the tax implications of transferring net operating losses, and to pay for the professionals hired by the committee of unsecured creditors largely to mirror the work performed by the company. [read post]
19 Nov 2009, 6:26 am
The reason is that there appears to be a substantially greater risk of reduced recovery for secured and unsecured creditors and counterparties if the rules governing creditors’ rights in the proposed resolution authority are modeled on the rules contained in the bank resolution statute instead of those contained in the Bankruptcy Code. [read post]
27 Sep 2010, 1:38 pm
Unsecured creditors who relied on firm assets in lending to the corporation are thus disadvantaged. [read post]
17 Jan 2024, 7:37 am
Additionally, while traditional Chapter 11 cases involve the formation of a creditors’ committee that plays a major role in developing the business’s reorganization plan, there is no creditors’ committee in most Subchapter V cases. 8. [read post]
31 May 2024, 6:31 am
The Creditors’ Committee While the creditors’ committee plays an important role in traditional Chapter 11 bankruptcy cases, there is no creditors’ committee in a small business bankruptcy under Subchapter V. [read post]
14 Nov 2014, 2:58 pm
There is also no creditor’s committee, which would ordinarily be costly and could interfere with the continuation of the business operations. [read post]
15 Apr 2020, 10:08 am
He represents secured lenders in Chapter 11 bankruptcies, as well as commercial landlords, financing companies, and unsecured creditors’ committees. [read post]
18 Jul 2011, 11:56 pm
Parliament has also shown a willingness to give spouses limited priority over unsecured creditors for support payments that accrued before the bankruptcy (s. 136(d.1) BIA). [read post]
8 May 2012, 5:17 pm
" Quoting Lord Hoffmann in Cambridge Gas Transportation Corpn. v Official Committee of Unsecured Creditors of Navigator Holdings plc and Others [2007] 1 AC 508, Mrs. [read post]
26 Aug 2012, 7:50 am
Scott has represented Chapter 7 and 11 debtors, creditors, creditor committees, trustees, court-appointed receivers and other interested parties in bankruptcy cases and bankruptcy litigation. [read post]
28 Oct 2014, 2:44 pm
In larger cases, a creditors’ committee is appointed with its own attorneys, paid by the debtor in possession, who can approve or disapprove of the plan submitted by the debtor in possession, submit their own plan, or have a plan “crammed” down. [read post]
23 Jun 2020, 12:05 pm
This program will examine a number of these special issues that arise when defending directors and officers of distressed or insolvent companies against claims for breach of fiduciary duty brought by Litigation Trustees, Unsecured Creditors Committees or Receivers. [read post]
12 Jan 2010, 7:30 pm
However, multiple objections to the asset sales have been filed with the court, including objections by the Official Committee of Unsecured Creditors and Genmar Yacht Acquisition, LLC (an affiliate of Patriarch Partners and an unsuccessful bidder) filed yesterday after conclusion of the auction.netDockets has made a complimentary copy of the auction report available on JDSupra.About netDockets:With over 1.5 million documents filed in over 800 of the largest corporate… [read post]
4 Jun 2009, 9:07 pm
Both auto manufacturers have filed for Chapter 11 bankruptcies, which places car accident victims waiting for medical reimbursements from products liability settlements and verdicts into the category of "unsecured creditor" waiting along with everyone else for their payouts. [read post]
18 Mar 2022, 6:00 am
Creditor’s committees, secured versus unsecured, even where the courthouse is are all things someone who knows their way around the Bankruptcy Courthouse can help you navigate. [read post]
14 May 2012, 3:39 am
.), chairman of the House Education and the Workforce Committee, Reps. [read post]
17 Jan 2007, 1:26 am
DISTRICT COURTSOUTHERN DISTRICT OF NEW YORKLegal Profession Legal Malpractice Action Ruled Not 'Core' To Chapter 11 Bankruptcy Proceeding Official Committee of Unsecured Creditors of VWE Group Inc. v. [read post]
14 Feb 2012, 9:40 am
Akin advised the Official Committee of Unsecured Creditors of Nortel Networks Inc. on the bankruptcy auction. [read post]
