Search for: "Debtors and Debtors in Possession"
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7 Feb 2011, 9:24 am
As counsel to the debtor, Mr. [read post]
6 Jan 2016, 11:48 am
They carry not possibility of jail time, unless you don’t pay up, in which case you get thrown into our State’s debtors prison. [read post]
17 Sep 2018, 8:03 am
Badges Of Fraud Under UFTA, in determining whether one possesses specific intent to engage in an actual fraudulent transfer, a reviewing court may consider whether one or more “badges of fraud” exist—namely, whether: The transfer or obligation was to an insider; The debtor retained possession or control of the property transferred after the transfer; The transfer or obligation was disclosed or concealed; The debtor retained possession or… [read post]
24 Oct 2013, 12:03 am
Its legal representative possesses general power of attorney under Art. 34 of the Civil Procedure Code and this gives him the right to represent him in the open by the creditor bankruptcy . [read post]
5 Sep 2007, 5:56 pm
Among the amendments affecting Chapter 11 corporate bankruptcy cases are those governing replacement of a "responsible individual" for a Chapter 11 debtor or debtor in possession, entry of a final decree closing a case, and the general electronic case filing procedures. [read post]
24 Oct 2013, 12:03 am
Its legal representative possesses general power of attorney under Art. 34 of the Civil Procedure Code and this gives him the right to represent him in the open by the creditor bankruptcy . [read post]
24 Oct 2013, 12:03 am
Its legal representative possesses general power of attorney under Art. 34 of the Civil Procedure Code and this gives him the right to represent him in the open by the creditor bankruptcy . [read post]
13 Jul 2009, 11:25 am
The lawsuit was instigated and continued by the corporation, even though as a Chapter 11 "debtor and debtor in possession. [read post]
26 May 2009, 8:09 pm
Also, some of the dealers have taken to titling their filings as "Objection to Motion of Debtors and Debtors in Possession for Orders in Furtherance of Sub Rosa Plan of Reorganization . . . [read post]
25 Jan 2012, 8:27 am
In particular, section 365 of the Bankruptcy Code provides that Kodak, as the “debtor-in-possession,” has the right to assume or reject its “executory” contracts, contracts where the parties owe each other ongoing material obligations. [read post]
18 May 2015, 4:00 am
Does that concept (control = possession) apply only where the collateral is intangible, itself in electronic form? [read post]
1 Feb 2012, 5:08 am
The Bankruptcy Court for the Middle District of Florida is also in favor of allowing the exemption if certain conditions are met: 1) the debtor has the intent to make the real property his or her homestead; 2) the debtor actually maintains the property as his or her principal residence; and 3) the debtor has a legal or equitable interest that gives the debtor the legal right to use and possess the property as a residence. [read post]
11 Jan 2011, 5:34 pm
" Some of the holders of the Senior Secured Floating Rate Notes (most notably, Black Diamond Commercial Finance, L.L.C. which is acting as agent) have also agreed to provide up to $55 million in debtor-in-possession financing, some of which "upon the satisfaction of certain conditions, may be rolled over (at the election of the provider(s)) into" exit financing. [read post]
15 Oct 2008, 8:17 am
Today, the debtor is no longer “in possession” of its assets or its future upon the commencement of its Chapter 11 case. [read post]
11 Jan 2021, 6:37 pm
The debtor-in-possession initially has the exclusive right to propose a Chapter 11 plan. [read post]
28 Feb 2022, 7:00 pm
The debtor-in-possession initially has the exclusive right to propose a Chapter 11 plan. [read post]
10 Oct 2012, 7:00 am
There is nothing in the bankruptcy code that forces a lienholder to exercise its security and take possession of collateral. [read post]
16 Apr 2014, 10:37 am
Fla. 2006)(Olson, J.) illustrates that a debtor may be able to exempt property held as tenants by the the entireties even though he is required to claim another state's exemptions and not able to utilize the Florida homestead exemption.(305) 891-4055 - Jordan E. [read post]
24 Sep 2011, 2:49 pm
A recent client told me that another attorney told her that bankruptcy trustees will not seek to take possession of cars if they are over five years old. [read post]
2 Sep 2011, 10:08 am
Despite the fact that the debtor no longer lives in the home, and Bank of America has taken possession of the home, Judge Paine concluded, as have other judges facing the same issue, that the law offers no way to force Bank of America to foreclose. [read post]
