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30 Sep 2014, 7:28 am by Joe Consumer
However, in the case of a credit card account, a creditor would be permitted to exclude bona fide fees that are reasonable and customary from the charges counted toward the MAPR. [read post]
20 Aug 2020, 10:50 am by Race to the Bottom
Colo. 1998) ("[A] creditors committee serves something of a ‘watchdog’ function in bankruptcy and enjoys unique rights and responsibilities under the Code")).In January, just prior to the onset of the COVID-19 crisis, the government reported the overall incomes of the bottom fifth of the population rose by 34% while the top fifth rose by 58%. [read post]
24 Feb 2010, 6:56 pm by Randall Reese
  Other assets have also been sold pursuant to smaller transactions, including pursuant to blanket de minimis asset sale procedures approved by the bankruptcy court.The proposed plan of liquidation reflects the terms of a proposed settlement reached between members of the Official Committee of Unsecured Creditors representing holders of general unsecured claims against Midway (referred to as Class 3A claims) and members representing holders of general  unsecured… [read post]
19 Jul 2011, 3:31 pm by brian
Under McCourt's loan, the Dodgers could owe close to $15 million more in interest and fees, according to a committee of creditors. [read post]
9 Dec 2010, 8:36 am by Joseph C. McDaniel
FIND AN ARIZONA BANKRUPTCY ATTORNEY WHO IS BOARD CERTIFIED IN BANKRUPTCY LAW, AV RATED, AVVO 10 RATED, ON SUPERLAWYERS, OR JUST VERY EXPERIENCED AND A FORMER CHAIR OF SOME BANKRUPTCY SECTION OR COMMITTEE. [read post]
15 Dec 2010, 8:47 am by Joseph C. McDaniel
Putting it another way, a judgment creditor gets a lien on your house! [read post]
Stern (2009) testified before the Committee on Banking, Housing, and Urban Affairs that “TBTF arises when the uninsured creditors of systemically important financial institutions expect government protection from loss … If creditors continue to expect special protection, the moral hazard of government protection will continue. [read post]
3 Aug 2016, 1:00 pm by Scott Riddle
Scott has represented Chapter 7 and 11 debtors, creditors, creditor committees, trustees, court-appointed receivers and other interested parties in bankruptcy cases and bankruptcy litigation. [read post]
28 May 2012, 11:38 am by Poppy Weston-Davies, Olswang LLP
In answering the issues, the Court of Appeal relied upon the (minority) judgment of Lord Hoffman in Cambridge Gas Transportation Corporation v Official Committee of Unsecured Creditors of Navigator Holdings [2006] UKPC 26, and Re HIH Casualty and General Insurance Ltd [2008] UKHL 21, finding that foreign court proceedings could in fact be recognised in this case under the Model Law. [read post]
27 Jan 2015, 4:45 am by Michelle Harner
Although the 60-day moratorium may not be long enough, it would at least allow the U.S. trustee to form a committee and parties some opportunity to test the terms and timing of the proposed sale. [read post]
15 Mar 2020, 12:40 pm by Bob Lawless
The cost of committees, multiple hearings, and so on, would eat through any available enterprise value. [read post]
3 May 2017, 7:20 am by Ed. Microjuris.com Puerto Rico
Yesterday, House Democrats on the Natural Resources Committee, and the Congressional Hispanic Caucus, held a forum focusing on the humanitarian effects of the Island’s financial woes. [read post]
11 Jul 2010, 2:33 pm by Joseph C. McDaniel
FIND AN ARIZONA BANKRUPTCY LAWYER WHO IS BOARD CERTIFIED IN BANKRUPTCY LAW, AV RATED, AVVO 10 RATED, ON SUPERLAWYERS, OR JUST VERY EXPERIENCED AND A FORMER CHAIR OF SOME BANKRUPTCY SECTION OR COMMITTEE. [read post]
15 Mar 2024, 8:41 am by Ronald Mann
” The statute does not define the term directly, though it does specify that it includes “the debtor, the trustee, a creditorscommittee, [and] a creditor. [read post]
24 Feb 2010, 6:56 pm by Randall Reese
  Other assets have also been sold pursuant to smaller transactions, including pursuant to blanket de minimis asset sale procedures approved by the bankruptcy court.The proposed plan of liquidation reflects the terms of a proposed settlement reached between members of the Official Committee of Unsecured Creditors representing holders of general unsecured claims against Midway (referred to as Class 3A claims) and members representing holders of general  unsecured… [read post]
28 Mar 2011, 7:02 pm by Tomassi Law Associates
Zell Pressures Tribune Committee to Drop Claims Sam Zell is pressuring the Tribune Co. creditorscommittee to drop parts of the lawsuit filed against him in November. [read post]
12 Aug 2022, 4:00 am by Jim Sedor
A three-judge panel for the District of Columbia Circuit Court of Appeals unanimously with the Biden administration and the Ways and Means Committee, ruling against Trump’s arguments against the committee’s authority, his privacy concerns, and his claim that complying with the request would be unconstitutional. [read post]
2 May 2008, 9:06 am
"   Interesting reading and a must read for any plaintiff's attorney representing bankruptcy trustees, receivers or creditor committees. [read post]
18 Nov 2020, 11:07 am by Trey A. Monsour
The Subchapter V trustee acts as a fiduciary for creditors, in lieu of an appointed creditorscommittee. [read post]
10 Jun 2020, 10:14 am by Sherwin Root
  This index has been endorsed by the Alternative Reference Rates Committee, a public-private LIBOR transition working group in the United States. [read post]