Search for: "Debtors and Debtors in Possession"
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8 Apr 2016, 4:24 pm
(Pix © Larry Catña Backer 2016)It has been a long time, almost a generation, since the basic line of the Chinese Communist Party refocused the insights of class struggle away from its more primitive manifestation in a rough calculus of status to its current manifestation in the communal struggle to bring prosperity to the nation through the development of productive forces. [read post]
6 Apr 2016, 8:49 am
I have also written about the six-month reinvestment requirement for a homestead exemption after a debtor receives the exempt proceeds from the sale of the debtor’s primary residence. [read post]
6 Apr 2016, 8:49 am
I have also written about the six-month reinvestment requirement for a homestead exemption after a debtor receives the exempt proceeds from the sale of the debtor’s primary residence. [read post]
3 Apr 2016, 5:05 pm
Insured exclusion (in that case, in connection with a claim against a bankrupt firm’s former executives asserted by a creditors’ committee on assignment from the debtor-in-possession). [read post]
3 Apr 2016, 1:48 pm
Californians don’t get to protect possessions under the Bankruptcy Code. [read post]
1 Apr 2016, 9:11 am
If it looks like the debtor will lose most or all possessions, that debtor may decide not to use Chapter 11 at all. [read post]
1 Apr 2016, 9:11 am
If it looks like the debtor will lose most or all possessions, that debtor may decide not to use Chapter 11 at all. [read post]
21 Mar 2016, 6:40 am
The first advantage is that a debtor in Chapter 13 stays in possession and control of his assets during the case. [read post]
15 Mar 2016, 7:21 am
The core of this concern is the lack of financial sophistication possessed by the average consumer. [read post]
25 Feb 2016, 8:21 pm
” Instead, the lawyers assisted the debtors in preparing pleadings. [read post]
24 Feb 2016, 1:26 pm
These included mistaken and/or unlawful legal advice about: paying the case filing fee in installments what documents to file for an emergency Chapter 7 filing filing an extension of time to file documents because the bankruptcy petition preparer failed to prepare the necessary documents on time how to interpret and calculate a legal deadline the debtor's duties, which excluded the preparation and filing of certain documents how to comply with the "means test" and… [read post]
16 Feb 2016, 8:37 am
Unlike a Chapter 7 bankruptcy, in Chapter 11 — often known as a reorganization bankruptcy — the board and management remain in control of the company’s assets (at least initially) as a “debtor in possession” or DIP. [read post]
16 Feb 2016, 8:37 am
Unlike a Chapter 7 bankruptcy, in Chapter 11 — often known as a reorganization bankruptcy — the board and management remain in control of the company’s assets (at least initially) as a “debtor in possession” or DIP. [read post]
9 Feb 2016, 7:30 am
The “holder” is the “person in possession of a negotiable instrument that is payable either to bearer or, to an identified person that is the person in possession. [read post]
1 Feb 2016, 11:44 am
In this case, Deutsche Bank introduced uncontroverted evidence that prior to judgment, it possessed the note endorsed in blank. [read post]
24 Jan 2016, 8:47 am
These boards are established in the Districts of Jaffna, Kilinochchi, Trincomalee, Batticoloa and Anuradhapura in order to settle the disputes relating to ownership or possession of land. [read post]
19 Jan 2016, 6:35 am
The debtors’ financial situation was “desperate,” and it was unable to obtain debtor in possession financing. [read post]
18 Jan 2016, 3:19 pm
Bankruptcy Judge Charles Rendlen has approved, on an interim basis, $275 million in debtor-in-possession (“DIP”) financing and the use of $600 million in cash. [read post]
14 Jan 2016, 3:28 pm
This latter statute provides that the “trustee may not assume . . . any executory contract . . . if . . . applicable law . . . excuses a party . . . to such contract . . . from accepting performance from . . . . an entity other than the debtor or debtor in possession…” Unfortunately, there are cases that come down on both sides here, holding in contradictory fashion that (1) Section 365(c)(1) does not prohibit a debtor in poss [read post]
14 Jan 2016, 3:24 pm
This latter statute provides that the “trustee may not assume . . . any executory contract . . . if . . . applicable law . . . excuses a party . . . to such contract . . . from accepting performance from . . . . an entity other than the debtor or debtor in possession…” Unfortunately, there are cases that come down on both sides here, holding in contradictory fashion that (1) Section 365(c)(1) does not prohibit a debtor in poss [read post]
