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25 Mar 2020, 11:55 am by Liskow & Lewis
  In a cross default situation, lenders and creditors under those other instruments would be entitled to seek immediate repayment of all indebtedness amounts. [read post]
25 Mar 2020, 11:55 am by Nina Skinner
  In a cross default situation, lenders and creditors under those other instruments would be entitled to seek immediate repayment of all indebtedness amounts. [read post]
25 Mar 2020, 6:05 am
A person who has won a civil judgment against a public employee cannot use a state indemnification law to require the government body to pay the judgment — unless the employee requests that the employer pay, the Ohio Supreme Court ruled today. [read post]
24 Mar 2020, 4:56 pm by Craig R. Tractenberg and John Gotaskie
Franchisors can assemble a menu of governmental offerings and lead the way in discussions with key creditors. [read post]
24 Mar 2020, 3:17 pm by Walker & Walker Law Offices
The bankruptcy trustee cannot sell exempt assets to pay your creditors. [read post]
24 Mar 2020, 1:32 pm by Damon Duncan
To expedite the process, go ahead pull together these documents so they are ready to be provided to our office. 60 days of income (pay stubs or profit and loss statements if self employed) Monthly living expenses (click link and fill out) Most recent tax return A list of any new creditors along with their address, the amount owed and the last four of their account number Share this entryShare on FacebookShare on TwitterShare on Google+Share on PinterestShare on LinkedinShare on TumblrShare… [read post]
24 Mar 2020, 1:10 pm by Cathy Moran
The closing of the courts and the lack of paychecks to garnish, which limit other creditors, doesn’t protect the car buyer. [read post]
24 Mar 2020, 11:52 am by Damon Duncan
Filing again will ensure you are able to protect yourself from creditors when the automatic stay is enacted. [read post]
24 Mar 2020, 8:37 am by Heather Douglas
In this case, the judgment creditor alleged she was at risk of the judgment debtors moving assets abroad to avoid paying her back. [read post]
23 Mar 2020, 1:27 pm by Georg Kahle
The creditor will have the option to terminate the contract if the interruption is likely to endure for an unreasonably long time. [read post]
23 Mar 2020, 11:43 am by Howard M. Wasserman
This includes bankruptcy’s origins as “in rem” proceedings (focusing on the debtor and its estate, not the creditors) that did not implicate state sovereignty, and the bankruptcy clause’s “unique history” of creating a uniform federal system in the face of states’ “wildly divergent schemes. [read post]
23 Mar 2020, 8:31 am by Kyle Persaud
If there are no known creditors, then the executor must publish the notice to creditors in a local newspaper. [read post]
23 Mar 2020, 7:58 am by Bob Eisenbach
Creditors cannot bring direct claims for breach of fiduciary duty, giving directors and officers flexibility in negotiations with lenders or other creditors. [read post]
23 Mar 2020, 7:30 am
Dickinson attorneys are well-versed in Chapter 11 reorganization bankruptcies, having represented debtors, secured and unsecured creditors, and creditors’ committees, in virtually all aspects of Chapter 11 cases. [read post]
23 Mar 2020, 3:23 am by Angela Mauroni
The Pacific Gas and Electric Company and the PG&E Corporation filed a motion on Friday with California bankruptcy court for a more expansive plan for reorganization to ensure that it is capable of paying its creditors in a timely fashion. [read post]
23 Mar 2020, 3:00 am by John Jenkins
The problem is that there are several Delaware cases holding that once a company declares a dividend, it creates a debtor-creditor relationship between the company & its shareholders. [read post]
22 Mar 2020, 12:49 pm by Ken Krupat
But some employers are also facing enormous challenges and may wind up requiring creditor protection or may simply go out of business. [read post]