Search for: "Creditors Recovery Corporation" Results 441 - 460 of 495
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13 Feb 2009, 4:17 pm
It will come as no surprise that Peanut Corporation of America has filed for bankruptcy protection in the Western District of Virginia. [read post]
30 Jan 2009, 1:21 am
" The authors cite as an example the recovery of $40 million in bonuses from HealthSouth CEO Richard Scrushy. [read post]
27 Jan 2009, 12:30 am
Former Shareholder Wins Bid to Pierce Corporate Veil New York Law Journal A creditor of a metals trading company may seek to pierce the corporate veil to enforce a $5.1 million judgment against the company and two of its former directors, a New York state judge has ruled. [read post]
29 Dec 2008, 2:59 pm
The Bell Group Ltd (in liq) v Westpac Banking Corporation [No 9] [2008] WASC 239 dealt with a claim started in 1995 by the liquidators of Bell Group against 21 banks challenging the way in which securities were given and taken in 1990 by Bell Group following its takeover by Bond Corporation and seeking recovery of the proceeds of realisation (about $1.5 billion). [read post]
27 Dec 2008, 10:01 pm
That doesn't facilitate recovery in the financial markets, either. [read post]
26 Dec 2008, 6:00 am
  This section adopts the unique approach of positing a hypothetical fact pattern for an insolvent company (with enough value to provide a recovery for unsecured creditors) and having each state's contributing author–in Jon's words–"choose the best liquidation procedure available under the relevant state's laws [and] answer a series of questions about how the procedure would work. [read post]
22 Dec 2008, 9:41 pm
"Tribune has a lot of valuable properties and a high level of cash flow, and we expect a good recovery from the matter," Mayer told the Am Law Daily. [read post]
1 Dec 2008, 4:14 pm
Corporate Finance Law Blog The Corporate Finance Law Blog - written by DWT attorney Joseph M. [read post]
25 Nov 2008, 7:05 am
Grossman and workout specialist John Ray of Avidity Partners, Chairman of Enron Creditors Recovery Corporation, among others. [read post]
16 Nov 2008, 5:36 am
  Creditors would get an equity kicker TBD. [read post]
12 Nov 2008, 8:27 am
Just as it makes no sense to ask one bankrupt corporation to bailout another, it makes no sense to have a government itself in serious debt borrow more money in order to assist an economy that is debt-stricken. [read post]
23 Oct 2008, 5:50 pm
  The appellate court noted that state law (Code of Civil Procedure section 680.240) defines a judgment creditor to include an assignee. [read post]
20 Oct 2008, 5:03 am
A successful challenge can turn first or second lien secured debt into "back-of-the-line" capital contributions, enabling unsecured creditors to realize a much greater recovery. [read post]
4 Oct 2008, 2:31 pm
Jesse Fried of Boalt Hall School of Law, University of California, Berkeley, posted an article today on the Harvard Law Corporate Governance Blog. [read post]
15 Sep 2008, 3:05 am
One of the directors (Mr Irving) claimed defences under Section 588H, s.1317S and s.1318 Corporations Act. [read post]
9 Sep 2008, 2:20 am
Although it does not seem to be relevant to the allegations in this lawsuit, it appears that the Housing and Economic Recovery Act of 2008 provided Fannie's and Freddie's directors some limited lawsuit protection. [read post]
19 Aug 2008, 8:02 pm
  But in a liquidating chapter 11 case that appears likely to offer no recovery to unsecured creditors, the lender likely had no reason not to bid the full amount of its claim at the auction (there is no mention of third-party guarantees). [read post]
29 Jul 2008, 11:34 pm
A good time after the discharge of the Pauls' Chapter 7 bankruptcy the creditor proceeded against the corporation that had not filed bankruptcy. [read post]
15 Jul 2008, 12:48 am
We seem to be in a strange twilight zone," Stephen Gale, head of corporate recovery at Herbert Smith, said. [read post]
9 Jul 2008, 4:38 pm
Indeed, even if there is a harm, theAmerican Law Institute’s Principles of Corporate Governance (2-7 § 7.01) says, in the case of a closely held corporation, the court in its discretion may treat an action raising derivative claims as a direct action, exempt it from those restrictions and defenses applicable only to derivative actions, and order an individual recovery, if it finds that to do so will not (i) unfairly expose the corporation or the… [read post]