Search for: "Creditors Recovery Corporation" Results 121 - 140 of 495
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27 Apr 2017, 12:51 pm
The Alberta Court of Appeal has released a split decision on the following question:  can the trustee administering the estate of a bankrupt oil and gas company renounce or disclaim the company's interest in orphan oil wells (i.e. wells for which the cost of remediation required for abandonment exceeds the value of the well), but keep and sell off other valuable wells in order to maximize the recovery of secured creditors? [read post]
27 Aug 2009, 11:47 pm
The information required to be included includes the following:Schedule A: Real PropertySchedule B: Personal PropertySchedule C: Property Claimed as ExemptSchedule D: Creditors Holding Secured ClaimsSchedule E: Creditors Holding Unsecured Priority ClaimsSchedule F: Creditors Holding Unsecured Nonpriority ClaimsSchedule G: Executory Contracts and Unexpired LeasesSchedule H: CodebtorsThe Statement of Financial Affairs includes information regarding such topics as revenues,… [read post]
16 Sep 2009, 8:31 am
The information required to be included includes the following:Schedule A: Real PropertySchedule B: Personal PropertySchedule C: Property Claimed as ExemptSchedule D: Creditors Holding Secured ClaimsSchedule E: Creditors Holding Unsecured Priority ClaimsSchedule F: Creditors Holding Unsecured Nonpriority ClaimsSchedule G: Executory Contracts and Unexpired LeasesSchedule H: CodebtorsThe Statement of Financial Affairs includes information regarding such topics as revenues,… [read post]
9 Mar 2013, 12:35 pm
Well, even though today Corporations are making huge profits, unemployment is still high. [read post]
6 Nov 2015, 10:37 am by Jason Kilborn
The proposed reform covers all of Indian insolvency law, both corporate and personal. [read post]
19 Aug 2008, 8:02 pm
  But in a liquidating chapter 11 case that appears likely to offer no recovery to unsecured creditors, the lender likely had no reason not to bid the full amount of its claim at the auction (there is no mention of third-party guarantees). [read post]
29 Mar 2021, 6:45 am by Florence Campbell Jones
Further, the restriction on landlords using Commercial Rent Arrears Recovery (CRAR) to recover unpaid rent will also extend to the end of June, in line with the moratorium’s expiry date, giving businesses sufficient breathing space to pay rent owed. [read post]
3 Oct 2011, 2:45 am by V.D.RAO
Vincent Paul, (2011) 4 SCC 171 the Supreme Court found that there were no rules or guidelines framed by the Kerala Financial Corporation for sale of properties. [read post]
18 Mar 2024, 5:23 pm by Karina Lytvynska
Bankruptcy Code serves as a source of hope, offering structured pathways for recovery and solvency. [read post]
28 Jun 2017, 6:58 am by Cathy Moran
Creditors have a right to recover their claims from the assets of the corporation. [read post]
23 Sep 2009, 12:55 pm
Chapter 7 corporate bankruptcy works like chapter 7 personal bankruptcy, in which assets are sold, or liquidated, to repay creditors. [read post]
6 Oct 2009, 12:09 pm
BearingPoint projects that creditors will receive the following recoveries under the plan (please review the plan for definitions of the creditor classes):* Other Secured Claims: 100%* Series C Noteholder Claims and FFL Noteholder Claims: 7.6%-14.7%* General Unsecured Claims: 2.6%-5.1%* Junior Noteholder Claims: 0%* Other Subordinated Claims: 0%* Equity Interests: 0%A complimentary copy of the proposed plan and disclosure statement can be viewed on our JDSupra page.This… [read post]
30 Dec 2010, 2:02 am by Randall Reese
On Monday, Los Gatos Hotel Corporation voluntarily filed for chapter 11 bankruptcy protection in San Jose, California. [read post]
30 Dec 2010, 2:02 am by Randall Reese
On Monday, Los Gatos Hotel Corporation voluntarily filed for chapter 11 bankruptcy protection in San Jose, California. [read post]
2 Jul 2013, 9:50 am
Wagoner, 944 F.2d 114 (2d Cir. 1991), which held that a “claim against a third party for defrauding a corporation with the cooperation of management accrues to creditors, not to the guilty corporation” (the “Wagoner Rule”). [read post]
17 Jun 2008, 9:46 pm
Consumers (Guess Who Wins)" that National Arbitration Forum (NAF), one of the country's largest for-profit arbitration companies courts corporations against consumers by claiming that it will enable credit card companies to markedly increase their recovery rates over their existing collection methods. [read post]
3 Aug 2020, 2:56 am by Lesley Browning
The trustee of the scheme agreed to the security package, on the basis that reducing the likely recovery of the trustee as a third ranking creditor in a future insolvency, this was a lesser evil than impending insolvency. [read post]