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18 Sep 2017, 6:44 am
Court of Appeals for the Ninth Circuit recently held that, where husband and wife debtors fraudulently transferred assets, the creditor was entitled to the full sum the creditor would have recovered and was not limited to the amount of the collateralized debt. [read post]
17 Sep 2017, 11:03 pm
The Report’s ten chapters cover: (1) Actors and procedural design, (2) Financing a rescue, (3) Executory contracts, (4) Ranking of creditor claims; governance role of creditors, (5) Labour, benefit and pension issues, (6) Avoidance transactions in out-of-court workouts and pre-insolvency procedures and possible safe harbours, (7) Sales on a going-concern basis, (8) Rescue plan issues: procedure and structure; distributional issues, (9) Corporate group issues, and (10) Special… [read post]
17 Sep 2017, 7:30 pm
FOR IMMEDIATE RELEASE EXACTLY TEN YEARS AGOon September 17, 2007 NATIONAL COLLEGIATE STUDENT LOAN TRUST 2007-4Contact:Janice WalkerVice PresidentCorporate Communications617.638.2047Lee JacobsonVice PresidentInvestor Relations617-638-2065News for Immediate ReleaseFirst Marblehead Announces PreliminaryEstimate of Up-front Fees in UpcomingSecuritizationBOSTON, MA, September 17, 2007 – The First Marblehead Corporation (NYSE: FMD) today announced its estimated up-front structural advisory… [read post]
17 Sep 2017, 6:06 am
However, the insured’s pledge of the policy proceeds may give a creditor rights superior to the named beneficiary’s according to the 1968, Texas Supreme Court opinion, McAllen State Bank v. [read post]
16 Sep 2017, 5:02 pm
In this miscellaneous proceeding, the respondent, administrator de bonis non, moves to dismiss the petition by two alleged creditors for revocation of his letters pursuant to CPLR 3211 (a) (2) and (3). [read post]
16 Sep 2017, 5:02 pm
In this miscellaneous proceeding, the respondent, administrator de bonis non, moves to dismiss the petition by two alleged creditors for revocation of his letters pursuant to CPLR 3211 (a) (2) and (3). [read post]
16 Sep 2017, 5:00 pm
A defining characteristic of what most of us regard as money is that it is backed by the government; in exchange, the legal tender requirement means that creditors must accept recognized currency in settlement of debts. [read post]
16 Sep 2017, 7:54 am
It can be brought by a creditor or the trustee for the benefit of all creditors. [read post]
15 Sep 2017, 8:46 am
The diligent creditor rule, under certain circumstances, allows a judgment creditor who brings a judgment debtor to court for engaging in a fraudulent transfer to jump ahead in priority—i.e., the order in which multiple creditors can use the property to satisfy their unpaid debts. [read post]
15 Sep 2017, 8:14 am
Property owned by a husband and wife is ordinarily protected in Florida from creditors of only one spouse. [read post]
15 Sep 2017, 6:10 am
Brownback, Fried, Frank, Harris, Shriver & Jacobson LLP, on Wednesday, September 13, 2017 Tags: Banks, Central banking, CFPB, Deregulation, Donald Trump, FDIC, Federal Reserve, Financial institutions, Financial regulation, Financial technology, Investment Company Act, Liquidity, OCC, Proprietary trading, Volcker Rule NYSE Delays Implementation on Dividend-Related Announcements Posted by Lori Zyskowski, Gibson,… [read post]
14 Sep 2017, 1:15 pm
Where a Freeze locks-down access to your credit altogether, A fraud alert allows creditors to get a copy of your credit report as long as they take steps to verify your identity. [read post]
14 Sep 2017, 12:37 pm
When the lawyers at Kain & Scott file bankruptcy cases, one of our jobs is to “classify” debt. [read post]
14 Sep 2017, 10:00 am
This would have allowed him to protect his $10 million from creditors. [read post]
14 Sep 2017, 9:59 am
With the help of an experienced Jacksonville bankruptcy lawyer, you propose a plan to repay your creditors. [read post]
14 Sep 2017, 8:51 am
What Craig apparently didn’t know: The super PAC’s founder, Cary Lee Peterson, has routinely run afoul of creditors and the law — including stiffing one of the nation’s largest news companies out of a six-figure sum. [read post]
14 Sep 2017, 7:00 am
The advantages of a licensee obtaining a security interest against the licensor include, the licensor’s creditors being put on notice of the licensee’s claim to the proceeds and the licensee’s security interest will be in priority to any unsecured creditors of the licensor. [read post]
13 Sep 2017, 6:00 pm
Davies recently published an Article entitled, Note: Nursing Home Abuse of Agents: Creditor Misuse of New York's Revised Durable Power of Attorney, 79 Alb. [read post]
13 Sep 2017, 5:00 pm
While understandable, consumers should take comfort in knowing that although bankruptcy records are technically public, they will largely remain private and only used by creditors who you provide content to pull your credit report, creditors listed in your case, and on any applications or instruments where you choose to personally disclose the information. [read post]
13 Sep 2017, 8:41 am
The company spent more than 18 months trying to strike an agreement with creditors to restructure the industry’s biggest debt-load after crude’s collapse curbed demand for Seadrill’s services. [read post]
