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28 Jan 2018, 6:40 pm
Also, under Chapter 13 your student loans are paid a pro rata share along with the other unsecured creditors. [read post]
28 Jan 2018, 4:55 pm
Investment tribunals have in recent years examined both the ambit of regulatory powers of the host state in taking measures in response to an existing debt crisis, and the impact of a negotiated sovereign debt restructuring on the rights of non-cooperative creditors. [read post]
28 Jan 2018, 4:05 pm
Pursuant to DGCL Section 325(b), a creditor is barred from seeking to collect from a stockholder prior to first obtaining a judgment against the corporation. [read post]
28 Jan 2018, 3:00 pm
That is, a government violates the clause simply by paying some equally-ranked creditors but not others. [read post]
28 Jan 2018, 2:16 pm
Key Findings of Court: On a factual level, the court found that after the funds were transferred without value, it left HERA insolvent for the primary purpose of the defeating the efforts of the creditor of HERA to collect a judgment. [read post]
26 Jan 2018, 1:43 pm
As a creditor, you need to put enough pressure on the debtor that they need to live under a rock, or give up and pay up. [read post]
26 Jan 2018, 6:32 am
Securities and Exchange Commission, on Saturday, January 20, 2018 Tags: Agency costs, Capital allocation, Capital markets, Economic alignment, Engagement, Incentives, Information environment, Institutional Investors, Retail investors, SEC, Securities regulation, Shareholder activism, Shareholder value, Shareholder voting The Strained Marriage of Public Debts and Private Contracts Posted by Anna Gelpern (Georgetown… [read post]
25 Jan 2018, 8:05 am
Everyone I talk to would rather cut a deal with their creditors than file bankruptcy. [read post]
24 Jan 2018, 9:46 pm
The creditors may engage in collection activities to try to recover what they are owed. [read post]
24 Jan 2018, 6:05 pm
A Chicago creditor’s rights attorney at Walinski & Associates, P.C. [read post]
24 Jan 2018, 6:05 pm
A Chicago creditor’s rights attorney at Walinski & Associates, P.C. [read post]
24 Jan 2018, 5:07 pm
While investors and creditors lost a lot of their money, Trump was highly compensated for his day-to-day work, earned fees during the property transfers, and slashed his personal debts. [read post]
24 Jan 2018, 12:47 pm
It is also possible to make a trust irrevocable from the outset and to afford protection against creditors by adding a spendthrift provision. [read post]
24 Jan 2018, 8:01 am
The Governor’s decision opens the door to a potential legal dispute with PREPA’s creditors. [read post]
23 Jan 2018, 4:17 pm
And I wrote about those documents through the lens of the two goals of bankruptcy: to treat a debtor’s creditors fairly, and to allow the debtor to live with dignity. [read post]
23 Jan 2018, 9:49 am
Ct. 973 (2017) – Decided on March 22, 2017, this case involved the Worker Adjustment and Retraining Notification (“WARN”) Act and the interplay between worker rights under that statute and the rights of creditors in bankruptcy proceedings after a company allegedly violates the WARN Act. [read post]
23 Jan 2018, 9:14 am
Sound estate planning can safeguard assets from creditors through actions such as the creation of a living trust. [read post]
23 Jan 2018, 7:00 am
Time will start to run upon the secured creditor first acquires knowledge of such name change, whether by a written notice or deemed knowledge (i.e., debtor changing its letterhead and is observable by the secured creditor). [read post]
22 Jan 2018, 7:20 pm
Due to the high financing risk, mezzanine debt is usually structured during the advanced and matured phase of a company.[7] Although, mezzanine financing can be used to minimize the senior lender’s exposure, it can create complicated inter-creditor issues between the mezzanine investors and senior lenders. [read post]
22 Jan 2018, 12:02 pm
In Sterba, the U.S. solicitor general will provide the government’s views on which choice-of-law rules (federal or state) bankruptcy courts should apply to decide which statute of limitations applies to a creditor’s claim. [read post]