Search for: "Debtors and Debtors in Possession"
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21 Feb 2018, 1:13 pm
Thus, debtors will be more receptive to proposals that allow them to retain possession of important properties. [read post]
19 Feb 2018, 8:00 am
Debtor doesn't pay $1,289 owed to gym; a debt collector sends a letter offering to settle matter for $129. [read post]
5 Feb 2018, 1:59 pm
On January 31, 2018, Moody’s issued an announcement proposing updates to its methodology for debtor-in-possession lending. [read post]
30 Jan 2018, 2:00 am
If you’ve stumbled upon this article, you’ve probably just received your Chapter 7 discharge or finally finished up your Chapter 13 Plan. [read post]
29 Jan 2018, 1:57 pm
On January 23, 2018, Fitch Ratings published new criteria addressing the ratings of debtor-in-possession (“DIP”) instruments. [read post]
23 Jan 2018, 7:00 am
In this case, a secured creditor should either register a financing change statement or take possession of the collateral within such 30-day period to maintain perfection. [read post]
11 Jan 2018, 2:29 pm
Woodbridge Group of Companies, LLC, announced this week that it would use its bankruptcy proceedings to restructure the debt and has obtained a commitment for $100 million in debtor-in-possession financing from a Los Angeles based capital company. [read post]
20 Dec 2017, 12:54 pm
Rule 5:7-4. [read post]
17 Dec 2017, 3:28 pm
Why is the financial sector going so mad over Madden when only Midland Funding and Midland Credit Management are afflicted and in need of Congressional intervention? [read post]
15 Dec 2017, 12:37 pm
The BFI decision set forth a broad definition of “joint employer,” imposing liability and requiring bargaining in situations where a business possesses only potential and indirect control over the employees in question. [read post]
15 Dec 2017, 10:00 am
When the debtor possesses an interest in a limited liability company (LLC), a court may issue to the creditor and against the debtor a charging order in order to allow the creditor to try to enforce the judgment against the debtor’s membership interest in the LLC. [read post]
15 Dec 2017, 8:07 am
Crystallex’s debtor-in-possession financier is entitled to much of the settlement proceeds. [read post]
8 Dec 2017, 10:30 pm
For instance, the Bankruptcy Court approved Woodbridge’s request to access debtor-in-possession (“DIP”) financing through a California private direct lender specializing in real estate debt investments, Hankey Capital, LLC (“Hankey”). [read post]
4 Dec 2017, 12:23 pm
Woodbridge, which calls itself a leading developer of high-end real estate, said it planned to use Chapter 11 to restructure $750 million in debt and already obtained a commitment for up to $100 million in debtor-in-possession financing. [read post]
3 Dec 2017, 3:32 pm
Most notably, Chinese customary laws governing mortgage transactions gave debtors (who were usually smallholders in this period) extremely strong protections against default and seizure, thereby minimizing the economic risks involved with collateralized borrowing. [read post]
30 Nov 2017, 12:43 pm
In Texas, a "trustee is vested with legal title and right of possession of the trust property but holds it for the benefit of the beneficiaries, who are vested with equitable title to the trust property. [read post]
30 Nov 2017, 12:43 pm
In Texas, a "trustee is vested with legal title and right of possession of the trust property but holds it for the benefit of the beneficiaries, who are vested with equitable title to the trust property. [read post]
22 Nov 2017, 8:09 am
Clark County Collection Services bought the claims against itself for $250.After buying Arellano’s lawsuit, the collection agency moved in federal district court to dismiss the lawsuit, arguing that Arellano “no longer possesse[d] any rights of action in this case, and no longer possesse[d] any standing to sue. [read post]
22 Nov 2017, 8:09 am
Clark County Collection Services bought the claims against itself for $250.After buying Arellano’s lawsuit, the collection agency moved in federal district court to dismiss the lawsuit, arguing that Arellano “no longer possesse[d] any rights of action in this case, and no longer possesse[d] any standing to sue. [read post]
25 Oct 2017, 1:16 pm
Moreover, debtors in possession(pun intended) of grow equipment or any other property used in the marijuana business would do well to eliminate that property prior to filing. [read post]
