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21 Mar 2012, 7:00 am
The group has been under fire by the media for failing to consider Greece in default when it was clearly imposing a massive haircut on its creditors. [read post]
17 Mar 2012, 8:30 pm
S trustee, is responsible for supervising the administration of the bankruptcy cases, estates, and trustee’s; monitoring plans and disclosure statements as well as monitoring creditor’s committees. [read post]
12 Mar 2012, 7:12 pm
Creditors were still "losing" papers and finding every excuse in the book to drag the process out - to ridiculous proportions by any normal human being's standards.In my opinion and experience, Bank of America is the worst offender. [read post]
8 Mar 2012, 12:49 am
Does this mean that Proview had no legal authority to sign off on that deal without approval of the creditors’ committee? [read post]
6 Mar 2012, 2:00 am
Minutes of the Assembly Committee on Judiciary (May 12, 2011) at 5. [read post]
5 Mar 2012, 4:49 pm
" Yet I can assure you that regardless of the managing committee at DLJ Piper's worry-free hire, there are a lot of partners there who aren't as serene. [read post]
5 Mar 2012, 4:34 pm
(Increased filings under Chapter 13 were clearly the intent of BAPCPA.)All creditors – particularly unsecured creditors – would benefit from a decrease in Chapter 7 bankruptcy cases in favor of an increase in Chapter 13 cases.Fewer homes would go through foreclosure, which would decrease workloads on state circuit court judges.Fewer homeowners would surrender their homes to foreclosure. [read post]
5 Mar 2012, 11:20 am
The current incarnation, H.R. 2086, was introduced on June 2, 2011, and was referred to the House Budget Committee. [read post]
1 Mar 2012, 4:56 am
He also is a member of DRI's Product Liability, Commercial Litigation, and Construction Law Committees. [read post]
1 Mar 2012, 4:56 am
He also is a member of DRI's Product Liability, Commercial Litigation, and Construction Law Committees. [read post]
29 Feb 2012, 4:39 pm
Sidley Austin and Chadbourne & Parke, in their respective roles as lead debtor's and creditors' committee counsel, have been paid a total of more than $111 million in fees and expenses since the start of the Tribune Company's Chapter 11 case in December 2008. [read post]
25 Feb 2012, 5:19 pm
In addition, a “Committee Note” states a creditor’s failure to provide the required documentation will not result, by itself in a disallowance of the claim. [read post]
25 Feb 2012, 6:31 am
It may be against the principles of equity if the creditors are not allowed to recover their dues from the company, but such creditors may approach the Board for permission to proceed against the company for the recovery of their dues/outstandings/overdues or arrears by whatever name it is called. [read post]
14 Feb 2012, 9:40 am
Akin advised the Official Committee of Unsecured Creditors of Nortel Networks Inc. on the bankruptcy auction. [read post]
13 Feb 2012, 8:42 am
This edition also reports on some of our recent representations, including our work for official committees of unsecured creditors in Chapter 11 cases involving major retailers and others. [read post]
13 Feb 2012, 5:23 am
Bankruptcy: The top Republican on the Senate Judiciary Committee asked Attorney General Eric Holder to examine the Justice Department’s efforts to enforce a law limiting executive pay in certain bankruptcy cases. [read post]
4 Feb 2012, 7:35 am
That is, the judgment lien is removed (or avoided) and treated as just another unsecured creditor. [read post]
4 Feb 2012, 7:35 am
That is, the judgment lien is removed (or avoided) and treated as just another unsecured creditor. [read post]
31 Jan 2012, 6:50 pm
, a Creditors’ Committee was recently formed, with the U.S. [read post]
30 Jan 2012, 3:21 am
The information on the forms is wildly different, with Big Airline Co. listing hundreds or even thousands of creditors, with many more digits in their debts, than Joe Blow. [read post]