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8 Mar 2012, 12:49 am by Stan
The creditors are apparently saying that the Proview holding company was already in some sort of receivership (according to Hong Kong law) prior to the deal between Proview and Apple’s intermediary company to sell the China marks. [read post]
29 Feb 2012, 12:28 am by Kevin LaCroix
However, Judge Jones denied the FDIC’s motion to strike the affirmative defenses based on a failure to mitigate, estoppel and reliance “ to the extent those defenses are based upon post-receivership conduct by Plaintiff in its capacity as receiver. [read post]
20 Feb 2012, 7:28 pm by Kevin Funnell
It's been six months since Western United Bank defeated a motion of the OTS (now OCC) to dismiss the bank's lawsuit against the regulator for placing the bank into an FDIC receivership last year. [read post]
20 Feb 2012, 2:51 pm by Michel-Adrien
" "Bill S-5 contains various measures that update the law governing financial institutions; in particular, the bill includes amendments in relation to: the shares of a Canadian financial institution being held by foreign financial institutions controlled by foreign governments;acquisitions of foreign entities by Canadian financial institutions;the widely held ownership threshold for banks;the authority of the Superintendent of Financial Institutions over certain types of… [read post]
16 Feb 2012, 10:29 am by James Hamilton
Section 716(i) provides that no taxpayer funds can be used to prevent the receivership of any swap entity resulting from swap or security-based swap activity of the swap entity.Committee Chairman Spencer Bachus (R-ALA) supports the legislation, noting that repealing these provisions because they could increase systemic risk by forcing derivatives trading away from regulated financial institutions to entities outside the purview of US regulators. [read post]
15 Feb 2012, 5:28 pm
He handles debt and equity restructuring, complex workouts, assignments for the benefit of creditors, receiverships and foreclosures for a wide range of businesses and financial institutions. [read post]
15 Feb 2012, 10:53 am by S2KM Limited
" Bickford calls for a review of the "flawed receivership process" in New York that he claims has resulted in ELNY's proposed liquidation and restructuring. [read post]
14 Feb 2012, 7:46 am by Molly Foley-Healy
 Is a receivership a viable option for the association to consider? [read post]
14 Feb 2012, 7:14 am by Lawrence B. Ebert
" n133 While Varity retained the right to terminate complete benefit plans of all employees, the restructuring allowed them to specifically terminate only the benefits of the employees of the poorly performing divisions and other MCC transferees. n134Varity encouraged its employees to accept the changes in their benefit plans through special meetings at which employees were told that their benefits could stay secure if they transferred to the MCC plan voluntarily. n135 About 1500 employees… [read post]
8 Feb 2012, 4:29 am by Ray Mullman
It still enjoyed income from other subsidiaries, but had entered into receivership in Maryland, a legal status akin to bankruptcy. [read post]
7 Feb 2012, 10:12 am by Max Kennerly, Esq.
The original company went into receivership, a judge declare their parent company immune from legal liability, and so they didn’t even bother to defend the case after that. [read post]
27 Jan 2012, 7:17 pm by Thompson & Knight LLP
  This blog will feature topics of interest on bankruptcy cases, corporate reorganizations, restructurings (workouts), and receiverships. [read post]
27 Jan 2012, 2:25 am by Andrew Lavoott Bluestone
In any event, the relief granted by the Supreme Court, in the nature of establishing a temporary receivership, was improper because the settlement proceeds at issue here were not the subject of any action, and there was no clear evidentiary showing that the subject property was in imminent danger of irreparable loss or waste (see CPLR 6401[a]; Vardaris Tech, Inc. v Paleros Inc., 49 AD3d 631, 632; Singh v Brunswick Hosp. [read post]
25 Jan 2012, 9:13 am by Administrator
Because of his vast experience, Paul will assist Cobb Law Group clients regarding collection matters, commercial workouts, receiverships, bankruptcy and commercial litigation issues in state and federal courts. [read post]