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24 Mar 2017, 3:03 am
SEC “equitable disgorgement” end-run around 5-year statute] Obligatory employee vacation-taking as an anti-fraud measure [Dan Lewis, Now I Know] Obama’s hosing of secured creditors in Chrysler bankruptcy raised borrowing costs of other unionized firms [Bradley Blaylock, Alexander Edwards, and Jared Stanfield, SSRN] Tags: attorneys general, bankruptcy, banks, debtor-creditor law, statutes of limitations Banking and finance roundup is a post from… [read post]
23 Mar 2017, 2:11 pm
And if that change is negative, a bankruptcy trustee or unsecured creditor will want to attack the upstream and cross-stream grants to the secured lender. [read post]
23 Mar 2017, 11:07 am
The WARN creditors opposed, arguing that the settlement violated the normal priority rules by giving other unsecured creditors priority over the WARN creditors. [read post]
23 Mar 2017, 4:36 am
Jevic Holding Corporation, the court held 6-2 that structured bankruptcy dismissals must follow priority rules unless creditors consent. [read post]
23 Mar 2017, 3:38 am
Jevic Holding Corp. is the latest battleground in a 150-year struggle over whether senior creditors whose liens exhaust a bankruptcy estate, and junior creditors or equity holders with control over the bankruptcy proceeding, can combine to use bankruptcy processes to implement a division of value that skips over otherwise out-of-the-money intervening creditors over their objection. [read post]
22 Mar 2017, 4:00 pm
In a word, creditors. [read post]
22 Mar 2017, 11:29 am
If both the original creditor and debt buyer are reporting that you owe money, that’s something you could dispute in good faith. [read post]
22 Mar 2017, 10:42 am
The bankruptcy court approved a dismissal of the case allowing the company to distribute its assets to high-priority secured creditors and low-priority unsecured creditors... [read post]
21 Mar 2017, 11:56 am
She sought to have the court order the creditor to return the vehicle because of her chapter 13 bankruptcy case. [read post]
21 Mar 2017, 11:56 am
She sought to have the court order the creditor to return the vehicle because of her chapter 13 bankruptcy case. [read post]
21 Mar 2017, 7:27 am
Role of the CFPB The role of the CFPB is to implement rules that regulate creditors and collectors. [read post]
20 Mar 2017, 5:41 pm
When a chapter 7 bankruptcy is filed, the court will place an automatic stay on your creditors. [read post]
20 Mar 2017, 10:00 am
For example, if you were facing foreclosure and creditors were on the verge of seizing your vehicle, Chapter 13 could save both assets in this case. [read post]
20 Mar 2017, 7:59 am
We recommend that you talk to your creditors and see what they say. [read post]
20 Mar 2017, 7:45 am
The bankruptcy trustee can sell all non exempt property to pay creditors of the community. [read post]
20 Mar 2017, 7:09 am
The only limits on what you can do with a refund you get before you file are the same as the rules about other transfers: you can’t give money or things away to frustrate your creditors. [read post]
20 Mar 2017, 2:00 am
It will also consider whether there is a free standing principle of honest dealing beyond the rule that a judgment creditor cannot execute against a property that does not belong to the judgment debtor, the correct basis on which a court should exercise its discretion to make receivership orders, and the circumstances in which the State Immunity Act 1978, ss 13(2)(b), 14(2), and 14(4) allow immunity from execution. [read post]
20 Mar 2017, 12:00 am
If you owe a creditor $10, he or she must accept legal tender to satisfy the debt. [read post]
19 Mar 2017, 11:20 pm
Instead the Fund relied on the Prescription Act 1969 which stipulates that if the creditor is a minor the period of prescription will not be completed before a year has lapsed after the day he ceases to be a minor. [read post]
19 Mar 2017, 9:30 pm
With a h/t to JLG, we note particularly:Free and Unfree Markets in Early 19th-Century United StatesEmilie Connolly, New York University“Ward Creditors: Indian Trust Funds and the State Sovereign Debt Crisis of 1839”Robert Richard, University of North Carolina-Chapel Hill“The First "Great Depression" in North Carolina: Banks, Bonds, and the Stubborn Myth of Southern Laissez Faire, 1819-1833”Matthew Saionz, University of Florida“The Commercial… [read post]
