Search for: "Receivership"
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20 Jun 2024, 1:52 pm
Divorce proceedings can be complex, especially when significant assets and joint property is involved. [read post]
2 Oct 2011, 10:00 pm
In a case involving multiple ghosts of long lost companies, a judge in federal court in Manhattan has held that excess D&O insurers do not have a duty to “drop down” to fill the gaps in coverage caused by the insolvency of underlying insurers. [read post]
5 Dec 2011, 3:00 am
" Defendants' opposing memorandum (read here) argued that Lehey has no relevant experience running a company such as FSJ; that the defendants had complied fully with the court's order to produce company information; and that Lehey's application failed to demonstrate the requisite danger to FSJ's property to justify the "drastic" remedy of receivership. [read post]
19 Jun 2024, 8:11 am
Divorce proceedings can be contentious, especially when significant assets or joint property are involved. [read post]
22 Oct 2020, 10:58 am
The appointment of a receiver can be a powerful remedy for lenders/servicers because the receiver has the power to, inter alia, manage the property to preserve the collateral, assume or reject executory contracts of the estate (during the receivership), settle claims with the approval of the court, and sell property free and clear of existing liens. [read post]
19 Apr 2023, 10:43 am
City of Huntington Beach lawsuit seeking to force the City to comply with the Regional Housing Needs Allocation (RHNA) numbers; (4) court receivership; and (5) other fines and penalties. [read post]
12 Aug 2019, 3:22 am
” In a nutshell, authorities in a multitude of states had shut down and/or placed the nursing facilities in receivership as a result of gross mismanagement by the time the limited partners sued for dissolution. [read post]
19 Jun 2024, 8:11 am
Divorce proceedings can be contentious, especially when significant assets or joint property are involved. [read post]
11 Nov 2009, 8:50 am
Holder In Due Course Basics First, we must start with the basics of holder in due course law before we get into how the FDIC (and buyers of loans from their failed bank receiverships) use the FHDC Rule against borrowers and guarantors. [read post]
22 Oct 2020, 10:58 am
The appointment of a receiver can be a powerful remedy for lenders/servicers because the receiver has the power to, inter alia, manage the property to preserve the collateral, assume or reject executory contracts of the estate (during the receivership), settle claims with the approval of the court, and sell property free and clear of existing liens. [read post]
31 Jan 2017, 1:06 pm
On September 13, 2016, the OCC announced a notice of proposed rulemaking to implement the basic legal framework for receiverships for any national bank that is not insured by the Federal Deposit Insurance Corporation (FDIC) (uninsured banks) and for which the FDIC is not required to be appointed as receiver, such as an uninsured trust bank. [read post]
20 Jun 2024, 1:52 pm
Divorce proceedings can be complex, especially when significant assets and joint property is involved. [read post]
24 Nov 2010, 11:52 am
If the shoe fits Still, that creates the possibility of a receivership boycott by all the tribes banding together … but if they did that, then no lender would provide capital to any tribe. [read post]
15 Jan 2018, 3:11 am
A § 291 petitioner can establish insolvency in the receivership context by showing either (1) that liabilities exceed assets, with no reasonable prospect that the business can be successfully continued, or (2) the company is unable to meet maturing obligations as they become due in the normal course of business. [read post]
25 Mar 2010, 4:17 am
You just keep focused on how to continue to justify your job and pay out bonuses as you run a bank that should have been placed in receivership ages ago. [read post]
10 Feb 2023, 12:30 pm
" We won't say if it's sorrowful or not, but the Sixth Circuit takes a bit of a dive into the history of these "Courts of Equity" and their powers of receivership in this case about a debtor who operated a network of colleges and wanted to stay out of bankruptcy (so it would remain eligible for those sweet federal student loans). [read post]
22 Oct 2020, 10:58 am
The appointment of a receiver can be a powerful remedy for lenders/servicers because the receiver has the power to, inter alia, manage the property to preserve the collateral, assume or reject executory contracts of the estate (during the receivership), settle claims with the approval of the court, and sell property free and clear of existing liens. [read post]
30 Apr 2018, 3:25 am
The derivative defense issue arose in Horowitz because: (1) Member #2, as one of two 50% members in a member-managed LLC, lacked authority on his own to retain and pay counsel to defend Montauk’s lawsuit in the name and right of the Restaurant, (2) the Restaurant is in receivership, and (3) according to the District Court’s decision in the case, the receiver “failed to act” not based on his business judgment as to the merits of the… [read post]
20 Jun 2024, 1:52 pm
Divorce proceedings can be complex, especially when significant assets and joint property is involved. [read post]
12 Sep 2012, 8:26 am
Section 5 placed those “covered” jurisdictions under federal receivership. [read post]
