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9 Jul 2009, 5:41 am
Sometimes the FDIC will pay an advance Dividend if they expect a good recovery of money into the receivership estate. [read post]
8 Jul 2009, 11:01 pm
The company would probably be in bankruptcy if it were not already in receivership, and it's unlikely that either a bankruptcy judge or a U.S. district judge would allow the company to pay for Stanford's criminal defense. [read post]
8 Jul 2009, 7:19 pm
Meanwhile, just three of the meeting's participants were from the private-equity world -- Wilbur Ross, Kohlberg Kravis Roberts' Deryck Maughan and Warburg Pincus' Michael Martin -- even though PE firms have been the most active buyers of banks that have gone into receivership. [read post]
8 Jul 2009, 2:39 pm
Treasury and Fed Name Lucky Hedge Fund Managers The Treasury and the Fed just announced the hedge fund management companies which will be participating in the first round of the PPIP. [read post]
8 Jul 2009, 6:24 am
The FDIC announced the closure, receivership and sale of BankUnited on May 21, 2009. [read post]
7 Jul 2009, 2:31 pm
Bidder Limitation Investors who hold 10% or more of the equity or debt of the bank or thrift in receivership will not be eligible to bid on that institution through the failed bank resolution process. [read post]
6 Jul 2009, 7:44 am
"With consolidation, there will be fewer clients, and the ones there are will be doing less fee-­generating work, unless they're going into receivership. [read post]
4 Jul 2009, 10:17 pm
There are certain questions on the Statement of Financial Affairs that have never applied to cases on which I have worked, so I realize I have sort of “tuned them out. [read post]
1 Jul 2009, 11:22 pm
Not much news but Foreclosed tower goes up for sale shows that receivership are not dead in Indiana:The property at 3801 N. [read post]
29 Jun 2009, 11:37 am
The FDIC acts in their receivership capacity when they "resolve" a failed bank as the bank's receiver. [read post]
26 Jun 2009, 4:32 pm
By Jim Butler and the Global Hospitality Group® Hospitality Lawyers | Authors of www.HotelLawBlog.com 26 June 2009 This is one of many articles on the subject of "troubled hotel loans - workouts, bankruptcies & receiverships" in the rich library at www.HotelLawBlog.com. [read post]
25 Jun 2009, 8:32 pm
By Jim Butler and the Global Hospitality Group ® Hotel Lawyers | Authors of www.HotelLawBlog.com 25 June 2009 This is one of many articles on the subject of "troubled hotel loans - workouts, bankruptcies & receiverships" in the rich library at www.HotelLawBlog.com. [read post]
24 Jun 2009, 4:26 pm
By Jim Butler and the Global Hospitality Group ® Hospitality Lawyers | Authors of www.HotelLawBlog.com 24 June 2009 This is one of many articles on the subject of "troubled hotel loans - workouts, bankruptcies & receiverships" in the rich library at www.HotelLawBlog.com. [read post]
24 Jun 2009, 4:20 am
How much comfort these statements give will depend on how old they are, the specifics of the contract, the relationship between the counterparty and the failed bank, and the priorities of the FDIC receivership staff.What Do You Get After RepudiationAll this talk about repudiation begs the question of what does the counterparty to a repudiated contract get. [read post]
22 Jun 2009, 12:00 am
The business has changed times several times and this can make tracing Employers Liability Insurers very difficult.Sometime in 1967, the company went into receivership and the Manx government stepped in. [read post]
17 Jun 2009, 4:08 am
They do this by putting an insolvent bank that's under their regulatory jurisdiction into a receivership or conservatorship. [read post]
9 Jun 2009, 8:15 am
Should failing non-bank financial companies be placed into receivership? [read post]
4 Jun 2009, 6:52 am
The first part asks about “Assignments for the Benefit of Creditors,” and the second part asks about receiverships. [read post]
3 Jun 2009, 3:17 am
In other words they would be broke – bankrupt – insolvent – closed – in receivership – taken over by the FDIC. [read post]
2 Jun 2009, 5:10 am
Post Script (06.02.09 9:15 PM) -- For those who may be interested, my client's motion to dismiss based on CPLR § § 1017 and 1021 (plaintiffs' failure to substitute the NYS Insurance Superintendent as ancillary receiver for plaintiff insurer in receivership) was argued but then adjourned over my objection to June 16th to give plaintiffs' counsel an opportunity to submit something more than an attorney's affidavit in opposition. [read post]
