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5 Feb 2021, 2:29 am
Pawlosky’s practice focuses on commercial litigation, including commercial foreclosure, collections and creditors’ rights, corporate governance disputes, construction litigation and mechanic’s lien disputes, and appellate work. [read post]
20 Apr 2017, 8:06 am by Marc Soss
For example, a retirement account (IRA or 401(k)) with a designated beneficiary is creditor protected. [read post]
25 Oct 2015, 6:50 am by Jordan Bublick
 The article reviews a situation where creditors filed a petition for an involuntary chapter 11 bankruptcy on January 12, 2015 against Caesars Entertainment in the Bankruptcy Court in Delaware and then three days later Caesars Entertainment filed a voluntary chapter 11 case in the Bankruptcy Court of the Northern District of Illinois.The Delaware Bankruptcy Court referred to this as a situation of  "parallel proceedings. [read post]
18 Feb 2016, 10:25 am by Kenneth Vercammen Esq. Edison
If the proceeds are payable to a trust, they will be held and distributed in the same manner as other trust assets and may also be free of creditors claims. [read post]
29 Aug 2014, 1:47 pm by Bankruptcy Attorney
WisebloodWiseblood Law Topics• Standing to Commence the Involuntary Case• Joinder of Additional Petitioning Creditors• Motions for Appointment of an Interim Trustee During the “Gap Period”• How to Obtain and Defeat an Order for Relief• Dismissal of An Involuntary Case and Related Potential ConsequencesChairperson:  Reno F.R. [read post]
5 Jul 2014, 1:06 pm
In a split decision, the appellate court held that because the plaintiff was an "unknown creditor" a the time the company sought bankruptcy protection through discharge, the plaintiff was not entitled to direct notice of right to claim. [read post]
23 Feb 2021, 2:49 am
See the video below and PRESERVE YOUR LEGACY.Did you know that you can simultaneously make your assets 100% creditor proof? [read post]
8 Oct 2018, 8:05 am by Christine Corcos
Banks were seen as a special case because of the risk of bank runs and because their creditors were not able to assess accurately the riskiness of banks. [read post]
23 Mar 2015, 9:00 am by John W. Mashni
Following the Supreme Court’s ruling, Aereo filed for bankruptcy, and recently conducted an auction sale of its intellectual property and hardware in order to raise funds to pay creditors. [read post]
22 Aug 2009, 3:25 pm
In the typical non-business consumer bankruptcy case your only personal contact with the “bankruptcy system” will be at the meeting of creditors at which the chapter 7 trustee or chapter 13 trustee (depending on which chapter of bankruptcy you file) will ask you questions about your income, assets, debts and financial history. [read post]
Making the Chapter 13 Plan WorkThe provisions of a confirmed plan bind the debtor and each creditor. [read post]
6 Jun 2013, 11:16 am
Experian only rarely deletes accounts that the consumer disputes, instead deferring to its customers, the banks and other creditors. [read post]
9 Aug 2020, 8:11 pm
Investment tribunals have justified their decisions by relying on definitions of 'investment' in investment agreements that often include 'shares', while the no-reflective-loss principle is generally justified on the basis of policy considerations pertaining to the preservation of the efficiency of the adjudicatory process and to the protection of other stakeholders, such as creditors. [read post]
26 Aug 2021, 10:00 pm by Tristan R. Pettit, Esq.
Attorney Koch has represented landlords for over 10 years, has spent his career handling debtor and creditor matters, and is well versed on all facets of landlord/tenant law. [read post]
20 Feb 2014, 1:17 pm by Jordan E. Bublick
The Court further explained that a valid spendthrift clause prevents the beneficiary of the trust from transferring his interest in the trust as well as prevents creditors from reaching any of the trust's funds until they are dispersed to the trust beneficiary. [read post]
An individual cannot file under chapter 13 or any other chapter if, during the preceding 180 days, a prior bankruptcy petition was dismissed due to the debtor's willful failure to appear before the court or comply with orders of the court or was voluntarily dismissed after creditors sought relief from the bankruptcy court to recover property upon which they hold liens.In addition, no individual may be a debtor under chapter 13 or any chapter of the Bankruptcy Code unless he or she… [read post]
For example, topics related to directors’ liability, creditor protection and shareholders’ rights may best be understood by analyzing how selected hypothetical cases would be solved in different countries. [read post]
Marine Midland, 406 U.S. 416 (1972), it has been well-established that a bankruptcy trustee — as the legal successor to the debtor — may not bring damages claims that belong to creditors. [read post]
31 Dec 2014, 6:00 am by Staci Zaretsky
[Am Law Daily] * The bankruptcy trustee for the late, great, defunct firm of Howrey LLP keeps lining up big settlements for its remaining creditors. [read post]
7 May 2014, 9:56 am
WBZ reports that “NECC’s owners, its insurers and one of its affiliates will contribute an aggregate amount estimated to exceed $100 million to a compensation fund to be distributed to NECC creditors, including those who died or suffered significant injuries” as a result of receiving the drug. [read post]