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21 Jun 2017, 5:05 pm
One curious thing about the exclusion at issue in this case is that it did not seem to have a standard coverage carve-back typically found in D&O insurance policies that preserves coverage for claims asserted by bankruptcy court trustees, receivers, liquidators and creditors’ committees. [read post]
20 Jun 2017, 7:38 pm
Additionally, the agreement also would have given the Litigation Trust $2.05 million for payment of the creditor committee’s professionals’ fees. [read post]
20 Jun 2017, 7:38 pm
Additionally, the agreement also would have given the Litigation Trust $2.05 million for payment of the creditor committee’s professionals’ fees. [read post]
15 Jun 2017, 5:07 pm
The committee of unsecured creditors subsequently filed an adversary proceeding against several officers of the bank. [read post]
15 Jun 2017, 5:07 pm
The committee of unsecured creditors subsequently filed an adversary proceeding against several officers of the bank. [read post]
13 Jun 2017, 2:03 pm
” The bill has been referred to the House Armed Services Committee, and we will provide updates as developments occur. [read post]
13 Jun 2017, 2:03 pm
” The bill has been referred to the House Armed Services Committee, and we will provide updates as developments occur. [read post]
11 Jun 2017, 10:00 pm
The sale was likely in reaction to pressure by creditor banks on JBS, which has a net debt of around $14.6 billion. [read post]
5 Jun 2017, 3:10 pm
On May 25, Congressman Dan Kildee (D-Michigan) referred a bill to the House Committee on Armed Services titled the “Transparency in Military Lending Act of 2017. [read post]
23 May 2017, 7:12 am
A working group established by the Committee on the Global Financial System and the Financial Stability Board has published a report on FinTech credit. [read post]
17 May 2017, 9:50 am
(Those ECOA amendments would be withdrawn under the Financial CHOICE Act recently passed by the House Financial Services Committee, but that bill’s ultimate fate remains unclear as of this writing.) [read post]
12 May 2017, 1:33 pm
On May 4 H.R. 10, the Financial CHOICE Act (the Act) introduced by House Financial Services Committee Chairman Jeb Hensarling, R-Texas, obtained enough votes to move the bill on to the House of Representatives floor. [read post]
9 May 2017, 12:27 pm
Retiree committees have been common in municipal bankruptcies, but there remains the question of who will pay the committee's expenses in this case. [read post]
3 May 2017, 7:20 am
Yesterday, House Democrats on the Natural Resources Committee, and the Congressional Hispanic Caucus, held a forum focusing on the humanitarian effects of the Island’s financial woes. [read post]
28 Apr 2017, 3:23 pm
House Natural Resources Committee’s Democrats to hold briefing focusing on humanitarian crisis in the Island House Resources Committee Ranking Member, Raúl Grijalva (D-AZ), and Congressional Hispanic Caucus Chair, Michelle Lujan Grisham (D-NM), will be hosting a forum next Tuesday, titled Puerto Rico’s Ongoing Financial and Humanitarian Crisis: Economy, Debt-Restructuring, and Options for Recovery. [read post]
26 Apr 2017, 3:47 am
Creditors remain concerned about the underlying assumptions of the Fiscal Plan that was certified by the FOB. [read post]
12 Apr 2017, 6:39 pm
Co-Chair, ABA Estate Planning & Probate Committee, Past GP Solo Section Attorney of the Year Past NJSBA Municipal Court Practitioner of the Year Edison, NJ-WILLIAM P. [read post]
31 Mar 2017, 9:17 am
Added provisions regarding derivative suits and special litigation committees for business corporations, nonprofit corporations, limited partnerships and LLCs. [read post]
30 Mar 2017, 2:52 pm
Committee members might consider asking: 1. [read post]
30 Mar 2017, 2:52 pm
Committee members might consider asking: 1. [read post]