Search for: "Receivership"
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15 Aug 2008, 1:19 pm
The receivership was established by Henderson in the Plata case, in which the state stipulated it had failed to provide adequate medical care to its inmates.What are the receiver's powers? [read post]
26 Oct 2010, 10:48 am
The FDIC also is verifying that the servicers it supervises do not exhibit the problems that others have identified as well as reviewing the processes used by servicers of loans subject to loss share agreements and other loans from receiverships of failed banks. [read post]
12 Oct 2008, 12:55 pm
He expressly left open the possibility that he would come to a very different conclusion if the powers of receivership and sale had been used without such default having occurred. [read post]
16 Aug 2011, 7:57 pm
In other words, when the LAPD was staggering without any leadership and headed toward federal court receivership—navigating between the Rodney King beating in 1991 and the Rampart scandal in the late 1990s—crime was dropping at a faster rate than when Bratton was in charge ten years later! [read post]
Timely, or too soon? Competition Bureau releases guidance on “failing firm” claims in merger reviews
14 May 2020, 6:00 am
To qualify as a failing firm, the company must be insolvent, have initiated voluntary bankruptcy proceedings, or have been petitioned into bankruptcy or receivership, or one of these three things must be likely or imminent. [read post]
8 Jul 2011, 11:00 am
The FDIC has the power to bring into receivership, liquidate and shutdown failing bank holding companies and certain other systemically important nonbank financial firms. [read post]
18 Dec 2010, 10:14 am
Among other things, the legislation would spell out the treatment of covered bonds if the issuer goes into conservatorship or receivership. [read post]
29 Mar 2011, 5:50 pm
If the GSEs purchase a non-QRM loan, all lender risk-retention requirements will still apply, and if the GSEs issue a non-QRM security, all securitization risk retention rules will still apply.Regulations proposed by the SEC and the banking agencies would provide that Fannie Mae and Freddie Mac will be able to satisfy the risk retention requirement through their guarantees (which cover 100% of principal and interest) as long as they continue to operate under the conservatorship or… [read post]
15 Jan 2015, 10:38 am
That was the Paul Cravath-Robert Swaine-J.P.Morgan (the man, not the bank) special, and was the hallmark of equity receiverships for railroads and real estate prior to the Chandler Act of 1938 and Justice Douglas's ruling in Case v. [read post]
7 Aug 2008, 3:32 pm
& Prac. 6 Art. 1 *** Foley & Lardner LLC, WHEN JURISDICTIONS COLLIDE: DETERMINING JUDICIAL ROLES WHEN BANKRUPTY COURT AND INSURANCE RECEIVERSHIP COURT RESPONSIBILITIES OVERLAP, Mondaq Article ID: 50772 *** Jonathan Friedland and Michelle Fisk, CHARACTERIZING THE CURRENT STATE OF RECHARACTERIZATION: RADNOR IS NOT ALL YOU NEED TO KNOW, 2007 No. 6 Norton Bankr. [read post]
31 Aug 2009, 7:16 pm
"It's a great opportunity for banks," says James Wigand, deputy director of the FDIC's division of resolutions and receiverships. [read post]
20 Oct 2011, 7:17 am
Providentand#39;s bankruptcy resulted in the company being placed in receivership, according to the firmand#39;s website. [read post]
22 Nov 2022, 10:11 am
Yet, even under current rules, the lender can threaten to foreclose on all of the non-license assets of a station and can threaten to force a licensee into a bankruptcy or receivership in which the lender has a security interest in any proceeds from the sale of the license (as noted in our articles here and here, a security interest in the proceeds from the sale of a license is permitted). [read post]
21 Jul 2017, 12:30 am
It went into receivership in 2011. [read post]
9 Jul 2015, 12:33 pm
Moreover, instead of helping the LLC to restructure, the defendants allegedly ushered it into insolvency and then bought the most valuable assets of the company from the LLC’s receivership, the opinion said. [read post]
17 Jul 2019, 4:00 am
Phenomenome Discoveries Inc. 2016 SKQB 306, the Court held that the 2009 amendments did not apply to a court appointed receiver stating that, “Section 65.11(7) of the BIA has no bearing on a court-appointed receivership. [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]
16 Feb 2009, 1:50 pm
"A company will go into receivership, the receiver will marshal the assets, and we will try to get restitution for the defrauded investors," Crawford said. [read post]
16 Sep 2007, 10:51 pm
Here's a common provision:This Agreement shall terminate, without notice, (i) upon the institution by or against either party of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of either party's debts, (ii) upon either party making an assignment for the benefit of creditors, or (iii) upon either party's dissolution or ceasing to do business. [read post]
10 Aug 2012, 6:14 am
OK, we have our faults here, but put California and Illinois in receivership first, then we can talk about Iowa. [read post]
