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5 Dec 2011, 3:00 am
" Defendants' opposing memorandum (read here) argued that Lehey has no relevant experience running a company such as FSJ; that the defendants had complied fully with the court's order to produce company information; and that Lehey's application failed to demonstrate the requisite danger to FSJ's property to justify the "drastic" remedy of receivership. [read post]
2 Dec 2011, 11:19 am
" -------------------- S2KM note: as of December 2, 2011, the ELNY Restructuring Agreement available on the ELNY in Receivership website identified above does not include a copy of Schedule 1.15. [read post]
25 Nov 2011, 6:14 am
Message receivership: A judge’s decision to throw out the bankruptcy filing of Harrisburg, Pa., opened the way for Pennsylvania to take over the finances of its capital city. [read post]
23 Nov 2011, 12:06 pm
But the linchpin of a receivership is the principle that a receiver, like the appointing court itself, is a neutral party in the underlying dispute. [read post]
23 Nov 2011, 7:43 am
However, it does not appear that the Receivership process and any associated claims and administration process will afford investors more than pennies on the dollar. [read post]
22 Nov 2011, 9:00 pm
However, it does not appear that the Receivership process and any associated claims and administration process will afford investors more than pennies on the dollar. [read post]
21 Nov 2011, 1:45 am
Girvan LJ noted that it has always been a basic principle of receivership that the receiver is entitled to be indemnified in respect of his costs and expenses out of the assets in his hands as a receiver. [read post]
17 Nov 2011, 6:27 pm
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.In earlier testimony, ISDA found it difficult to see how Section 716 reduces systemic risk. [read post]
17 Nov 2011, 6:17 pm
The Receivership website for Botfly is here. [read post]
17 Nov 2011, 11:22 am
Most investors are focused on recovering money from the receivership and hoping the SIPC will decide to insure investor losses. [read post]
16 Nov 2011, 7:22 pm
While the Motion does not elaborate on the expected amount of funds available for future distribution, Janvey's recent Third Interim Report, filed November 11, indicated that the Receivership had $114.5 million of cash on hand and $96.6 million in assets as of October 31, 2011. [read post]
DC Circuit Resurrects Lawsuit Alleging Washington Mutual Mishandled Foreclosure - Youkelsone v. FDIC
16 Nov 2011, 5:56 am
Among these was Washington Mutual, which went into receivership with the FDIC and eventually was purchased by Chase. [read post]
15 Nov 2011, 4:28 am
Court of Appeal (Civil Division) Essex County Council v Williams [2011] EWCA Civ 1315 (15 November 2011) High Court (Administrative Court) Muqtaar v Secretary of State for the Home Department [2011] EWHC 2707 (Admin) (14 November 2011) High Court (Family Division) Z v Z [2011] EWHC 2878 (Fam) (03 November 2011) High Court (Commercial Court) Stornoway 2011 Ltd v SIV Portfolio Plc (In Receivership) [2011] EWHC 2952 (Comm) (14 November 2011) Source: www.bailii.org [read post]
14 Nov 2011, 10:23 am
If Fannie Mae stays under conservatorship or enters receivership, the agency wrote, plaintiffs still couldn’t collect on any judgment, as per an agency decision on Oct. 7. [read post]
14 Nov 2011, 12:38 am
The complaint alleges that the holding company did not fully recognize its losses on its MBS assets until later in 2009, shortly after which the bank was closed and put into FDIC receivership. [read post]
10 Nov 2011, 8:21 am
If an uncured default occurs on a covered bond before the issuer enters receivership, liquidation, or bankruptcy, the legislation creates an estate automatically by operation of law to be administered separately from the issuer or any later receivership or estate in bankruptcy. [read post]
7 Nov 2011, 3:00 am
An alternative path to receivership for any type of business entity is provided in Article 64 of the Civil Practice Law and Rules, but the courts apply a much more rigorous showing of imminent harm to the business before acting under that Article -- a showing that does not appear to have been made in Scomello. [read post]
6 Nov 2011, 7:26 pm
After the fraud was made public and Equity Funding went into receivership, the SEC began an investigation of Dirk's role in exposing the fraud. [read post]
2 Nov 2011, 7:37 pm
The branch sale had been approved not only by Joseph's office, but by the same Federal Reserve that turned around and put the bank into an FDIC receivership. [read post]
2 Nov 2011, 7:37 pm
The branch sale had been approved not only by Joseph's office, but by the same Federal Reserve that turned around and put the bank into an FDIC receivership. [read post]
