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2 May 2017, 8:01 am by Matthew T. Giardina
For example, “had Plaintiffs’ cause of action been disclosed during the bankruptcy proceeding, their creditors might have pursued a higher interest rate, or taken a different view of the appropriateness and viability of the [bankruptcy plan]. [read post]
2 May 2017, 3:58 am by Dan Harris
However, there is still no way for a creditor to do anything with that in terms of pursuing an action against a shareholder. [read post]
1 May 2017, 10:38 pm by Anna Gelpern
Midnight came and went with no news of a debt deal in Puerto Rico, and no extension of a stay on creditor enforcement under PROMESA. [read post]
1 May 2017, 10:00 am by The Sader Law Firm
If you are above the median, you are required to show how much disposable income you have on hand each month to pay back a percentage of your creditors. [read post]
1 May 2017, 8:59 am
Creditors with priority claims are paid first, and the other creditors divide the remaining money. [read post]
28 Apr 2017, 3:23 pm by Ed. Microjuris.com Puerto Rico
Several media outlets in Puerto Rico published stories on rumors that unknown creditor groups were pushing the House Freedom Caucus’ members to stop the Medicaid extension for Puerto Rico, unless PROMESA was amended to delay inclusion of Puerto Rico’s bonds in Title III court-supervised debt restructuring. [read post]
28 Apr 2017, 1:17 pm by Erick Bohm
Most of the time, creditors cease collection action once a debtor has filed bankruptcy. [read post]
28 Apr 2017, 1:16 pm
  Rather, creditors must wait until the trustee makes distributions to the beneficiary. [read post]
28 Apr 2017, 8:59 am by John-Paul Boyd
They should be stripped of ephemera not necessary to the bulk of family law disputes, such as rules on interpleader, receivers, creditors’ remedies and writs of mandamus, certiorari and habeas corpus. [read post]
28 Apr 2017, 6:02 am
Langston, Cleary Gottlieb Steen & Hamilton LLP, on Monday, April 24, 2017 Tags: Compensation disclosure, Conflicts of interest, Delaware cases, Delaware law, Disclosure, Fairness review, Fiduciary duties, Financial advisers, Merger litigation, Mergers & acquisitions, Proxy disclosure, Transparency The Untenable Case for Perpetual Dual-Class Stock Posted by Lucian Bebchuk and Kobi Kastiel, Harvard Law School, on Monday, April 24, 2017 Tags: Agency costs, Boards of Directors, Capital… [read post]
28 Apr 2017, 5:13 am by John L. Culhane, Jr.
  After determining whether a creditor considered the required underwriting factors, examiners will determine whether the creditor properly verified the information it relied upon to make an ATR determination. [read post]
27 Apr 2017, 2:32 pm by Renae Lloyd
Other allegations include creating false books and records of his employing firm when he inaccurately marked transactions solicited; and willfully failed to disclose a compromise with creditors on his Form U4. [read post]
27 Apr 2017, 12:51 pm
If this means that, in the end, there is less value available for distribution to the creditors, that is part of the bankruptcy scheme and the risk that the creditor takes when lending on the basis of the debtor’s assets, with their associated obligations. [read post]
26 Apr 2017, 5:10 am by MBettman
The statute unambiguously says that all creditors shall present their claims in writing to the executor or the administrator. [read post]
26 Apr 2017, 3:47 am by Ed. Microjuris.com Puerto Rico
Creditors remain concerned about the underlying assumptions of the Fiscal Plan that was certified by the FOB. [read post]
25 Apr 2017, 8:17 pm by Kathleen Scott
The President states in this memo that “OLA, however, may encourage excessive risk-taking by creditors, counterparties and shareholders of financial companies” due to a provision that creates what is termed in the Memorandum as a “Government backstop” that “may reduce market discipline and increase excessive risk taking” because it allows taxpayer money to be borrowed to carry out the receivership and liquidation, to be paid back by an assessment on large… [read post]