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The five units will be as follows: The Asset Management Unit to focus on investment advisers, investment companies, hedge funds and private equity funds; The Market Abuse Unit to focus on large-scale market abuses and complex manipulation schemes by institutional traders, market professionals and others; The Structured and New Products Unit to focus on complex derivatives and financial products, such as credit default swaps, collateralized debt obligations and other securitized products;… [read post]
31 Jan 2010, 1:16 pm by Randall Reese
The Turnaround Management Association held its annual Distressed Investing Conference last Wednesday through Friday at the Bellagio in Las Vegas, Nevada. [read post]
27 Jan 2010, 8:55 am by Taras Rudnitsky
Borack of Borack & Associates) Portfolio Recovery Associates, LLC (sometimes represented locally in central Florida by Robert J. [read post]
17 Jan 2010, 2:03 pm by Jonathan
Apparently another large debt buyer/collector, NCO, has purchased or is about to purchase Axiant's accounts. [read post]
12 Jan 2010, 10:58 am by Consumer Litigation Group
The Consumer filed her lawsuit in the United States District Court for the District of New Jersey located in Trenton, New Jersey and demanded that judgment be entered against the Defendants for her statutory damages, actual damages, attorney’s fees, and the costs of her litigation.The Complaint alleges that Portfolio Recovery Associates LLC (a junk debt buyer of old, defaulted debts) unlawfully employed its debt collection agent, Apothaker &… [read post]
12 Jan 2010, 7:25 am by Steven Peck
For more information on the Statute of Frauds, please see this associated article. [read post]
8 Jan 2010, 6:58 am by Joseph Mullaney
A consumer filed a lawsuit against Evans Associates, a junk debt buyer of old, defaulted consumer debts, accusing it of violating the Fair Debt Collection Practices Act (FDCPA). [read post]
8 Jan 2010, 1:58 am by Consumer Litigation Group
A consumer filed a lawsuit against Evans Associates, a junk debt buyer of old, defaulted consumer debts, accusing it of violating the Fair Debt Collection Practices Act (FDCPA). [read post]
6 Jan 2010, 9:51 am by Kristin Johnson
As Solangel noted, I am teaching and writing in the areas of business associations, corporate governance and securities regulation. [read post]
4 Jan 2010, 3:58 pm by Joseph Mullaney
The Complaint alleges that Portfolio Recovery Associates LLC (a junk debt buyer of old, defaulted debts) unlawfully employed its debt collection agent, Apothaker & Associates, P.C. of Mt. [read post]
19 Dec 2009, 5:18 am by Ray Mullman
The money will be used to pay down debts associated with the properties. [read post]
10 Dec 2009, 6:09 am by James Morphy, Sullivan & Cromwell LLP,
Currently, Item 10(c) of Regulation S-K permits, but does not require, registrants to disclose in registration statements and periodic reports the credit ratings assigned to classes of debt securities, convertible debt securities and preferred stock. [read post]
8 Dec 2009, 7:00 am
We estimate that there is about $165 billion in debt on these properties and, based upon today's underwriting standards, there should only be about $65 billion in debt on them. [read post]
30 Nov 2009, 11:44 am
Contact me and get free tips and techniques to deal with wage and bank seizures and slash tax debt: email me at IRS-Hitman@taxdefensenetork.com or call 1-888-248-9058. [read post]
29 Nov 2009, 6:57 am
Property prices in Dubai have slumped and buyers are nowhere in sight, thus sharply reducing incoming funds, while debt burden continues. [read post]
27 Nov 2009, 7:21 am
Value: How much an item is worth to a buyer/seller (usually determined by how much you need or want an item). [read post]
19 Nov 2009, 6:26 am
If the FDIC could not find a buyer at an acceptable price, it would have the power to incorporate a temporary bridge financial company under federal law and transfer the selected assets and liabilities to this bridge company to hold until they could be disposed of in an orderly fashion. [read post]
10 Nov 2009, 1:37 am
Trends for Distressed Debt Hedge Fund Managers Distressed debt hedge funds often face a number of legal issues with regard to their investments. [read post]