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7 Feb 2010, 9:21 pm
Such an agreement, according to Olsen's Mill, is inappropriate because the Creditors' Committee "has no authority to waive claims of the estate on behalf of unsecured creditors" and "has apparently attempted to negotiate the terms of a sub rosa plan without notice, adequate disclosure and an opportunity for the unsecured creditors to vote to either accept or reject such a proposal. [read post]
21 Dec 2006, 1:46 am
Role of a Creditors' Committee in a Chapter 11 Bankruptcy case: Creditors' committees can play a major role in chapter 11 cases. [read post]
25 Nov 2009, 4:50 am
The creditors committee in the Lehman case (represented by Quinn Emanuel Urquhart Oliver & Hedges) filed a motion under the terms of the Hague Convention seeking permission to ask a UK court to require that two UK-based entities turn over documents related to the Barclays deal. [read post]
12 May 2010, 6:10 pm
Notice of Appointment of Creditors' Committee - Sumner Regional Health Systems [read post]
11 Oct 2009, 1:35 am
The company is a subsidiary of Schwing GmbH and was founded in 1974.The members of the Creditors' Committee are:1. [read post]
17 Jan 2010, 11:53 pm
Late last week, the United States Trustee for Region 2 announced the appointment of the Official Committee of Unsecured Creditors for Mesa Air Group, Inc. and its affiliates. [read post]
3 May 2022, 7:02 am
The post Ripping Off Your Fellow Creditors Disqualifies You From Bankruptcy Committees And Maybe From Running A Hedge Fund, But Not From Being A Lawyer appeared first on Above the Law. [read post]
28 Jun 2011, 12:27 am
On Friday, the Official Committee of Unsecured Creditors appointed in the chapter 11 bankruptcy cases of Signature Styles, LLC and Signature Styles Gift Cards, LLC filed its initial pleadings responding to the companies' plans to sell all of their assets to an affiliate of their current owners, who are also affiliates of, among other things, their senior secured creditors and DIP lenders (all of [read post]
24 Feb 2010, 7:48 pm
The Report states: the committee considers it appropriate to increase the existing $2,000 threshold for a creditor’s petition to $10,000. [read post]
5 Sep 2017, 6:47 am
The Official Committee of Unsecured Creditors (the “Committee”) in the bankruptcy case was granted the exclusive right to bring certain claims, including to recover payments made by H.H. [read post]
6 Apr 2009, 12:11 pm
At the request of some creditors the court appointed a creditors’ committee. [read post]
12 May 2010, 5:57 pm
Notice of Appointment of Creditors' Committee - Moll Industries [read post]
22 Feb 2024, 6:41 am
Instead, they must participate in the bankruptcy process to protect their claims (to the extent that they can)—whether through involvement with the creditors’ committee or initiation of an adversary proceeding—potentially while pursuing other options as well. [read post]
1 Nov 2011, 7:16 am
Scott's bankruptcy experiences and services include: Representing debtors, creditors, trustees and other parties in Bankruptcy Court Acting as general counsel and special counsel to Chapter 7 and Chapter 11 trustees and creditors committees. [read post]
30 Aug 2011, 6:19 pm
Last week, the United States Trustee announced the appointment of a five-member Official Committee of Unsecured Creditors in the chapter 11 cases of Qualteq Inc. and a host of affiliated companies (full list of companies below). [read post]
2 Jul 2009, 5:39 am
Federal law mandates that Social Security disability, veterans nor children's survivor benefits can be taken by creditors to pay a debt. [read post]
20 Jan 2021, 6:48 am
” The post Opinion analysis: A narrow win for creditors appeared first on SCOTUSblog. [read post]
3 Mar 2009, 5:40 am
If such a committee has been appointed the administrator shall consult with the committee in all significant issues.It should be noted that during the reorganisation period, any creditor has the right to apply to the court for a decision to stop the proceedings. [read post]
15 Nov 2010, 11:40 am
The official creditors committee has already sued Zell and the bank--among dozens of other defendants they accuse of fleecing the once-storied newspaper company--but now they want permission to go after $250 million in payments from the year before Tribune went bankrupt. [read post]
27 Apr 2020, 12:47 pm
” In Chapter 11 cases involving major companies, creditors actually do get together and form committees, as they will soon be required to cast votes on the debtor’s plan of re-organization. [read post]
