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19 Jun 2019, 7:20 am
In particular, Rule 2-01(c)(1)(ii)(A) (the "Loan Provision") covers debtor-creditor relationships and generally provides that an auditor is not independent if that auditor is in a lending relationship with its audit client. When the Loan Provision was proposed, and later adopted, in 2000, the Commission noted its concern that a debtor-creditor relationship could create a self-interest that competes with the auditor's obligation to serve only investors'… [read post]
19 Jun 2019, 3:03 am
Auditor Independence: SEC Refines “Debtor-Creditor” Analysis Yesterday, the SEC issued this 77-page adopting release to amend the auditor independence requirements in Rule 2-01 of Regulation S-X. [read post]
19 Jun 2019, 2:00 am
Otherwise, you have the option to surrender it back to the creditor. [read post]
18 Jun 2019, 1:45 pm
And now, your creditors are even calling you at work. [read post]
SEC Adopts Amendments to Improve the Application of the Auditor Independence Rules to Loan Provision
18 Jun 2019, 10:13 am
The amendments are intended to more effectively identify debtor-creditor relationships that could impair an auditor’s objectivity and impartiality, as opposed to certain more attenuated relationships that are unlikely to pose such threats. [read post]
18 Jun 2019, 6:33 am
The long-only creditors had good reason to aid Windstream’s attempt to stave off Aurelius’ challenge. [read post]
18 Jun 2019, 5:44 am
A creditor obtained a money judgment against the husband. [read post]
17 Jun 2019, 9:05 pm
A second podcast with Cato’s Todd Zywicki, this one noting that earlier rounds of regulation precipitated the withdrawal of banking services from many less well-off communities to which postal banking is now being touted as a solution: Tags: banks, debtor-creditor law [read post]
17 Jun 2019, 9:49 am
Point: neither side Snoozing creditors lose The unpredictable further savings may lie in creditor ineptitude. [read post]
17 Jun 2019, 9:09 am
Automatic Stay “The automatic stay […] The post Bankruptcy and Creditor Calls appeared first on Richard West Law Office. [read post]
17 Jun 2019, 8:05 am
It makes the judgment creditor a secured and, by statute, can be extinguished only by the recording of an acknowledgment of satisfaction of the underlying judgment or by the judgment creditor’s release of the lien. [read post]
14 Jun 2019, 12:48 pm
Per this section, an unrecorded deed would only be void against purchasers, mortgagees, judgment creditors. [read post]
14 Jun 2019, 1:45 am
A bankruptcy court appoints a trustee who collects all of a debtor’s non-exempt assets and sells them to pay back the creditors. [read post]
13 Jun 2019, 5:31 pm
When that happens, it is important to remember that you have legal rights and options, no matter what creditors, financial institutions and credit reporting agencies may want you to believe. [read post]
13 Jun 2019, 5:31 pm
When that happens, it is important to remember that you have legal rights and options, no matter what creditors, financial institutions and credit reporting agencies may want you to believe. [read post]
13 Jun 2019, 9:20 am
This argument seems attenuated as the assets of the pension plan would seem to be the property of the Plan subject to the claims of its creditors, viz., the employees who are Plan participants. [read post]
13 Jun 2019, 9:20 am
This argument seems attenuated as the assets of the pension plan would seem to be the property of the Plan subject to the claims of its creditors, viz., the employees who are Plan participants. [read post]
13 Jun 2019, 8:09 am
The Commission takes note that, since the release of this blueprint, no Member State has yet initiated the set-up of an asset management company at national level, along the lines described in the blueprint; and a European NPL transaction platform was recommended to be set up by the European Central Bank and the European Banking Authority – platforms would be electronic marketplaces where holders of NPLs – banks, non-bank creditors and interested investors – can exchange… [read post]
12 Jun 2019, 11:28 am
Jackson Masonry, and the issue at stake is whether a bankruptcy judge’s ruling against a creditor’s request to lift the automatic stay is a “final order” that can be immediately appealed by the losing party. [read post]
12 Jun 2019, 8:43 am
Debt settlement abuses have become so prevalent that some creditors are refusing to deal with debt settlement companies. [read post]
