Search for: "Debtors and Debtors in Possession"
Results 121 - 140
of 1,712
Sort by Relevance
|
Sort by Date
5 May 2022, 9:01 pm
These transactions, many of which take place within large but privately held companies, are hard to understand and even harder to litigate.[21] The sophistication, experience, and time to conduct diligence that hedge funds possess, combined with the privileged position of the Official Committee, can benefit general unsecured creditors. [read post]
5 May 2022, 1:29 pm
The global COVID-19 pandemic is now into its third year and it continues to affect the economy and the business environment. [read post]
2 May 2022, 11:30 am
There are state laws that require fiduciaries to notify beneficiaries, spouses, creditors, and guardians of any minor children[8] about the trust or estate. [9] Sometimes there are additional people who must be notified, even if they are not named in the will.[10] The laws specify who must receive notice, how the notice must be distributed, and in what timeframe.[11] During the administration of the trust or estate, the fiduciary needs to keep the beneficiaries informed.[12] Both a probated estate… [read post]
28 Apr 2022, 7:15 am
On April 20, 2022, GWG issued a press release announcing that the firm had “obtain[ed] debtor-in-possession financing to facilitate restructuring. [read post]
27 Apr 2022, 11:31 am
All the debtor’s assets will be considered under the Bankruptcy Code as they are identified (“disclosed”) by the debtor. [read post]
26 Apr 2022, 4:00 am
More troublingly perhaps, more than two years after the onset of the pandemic, the people’s court (Small Claims) at least in Toronto, remains effectively closed, operating as little more than an expensive document repository (as it is not holding motions, trials or conducting debtor examinations). [read post]
24 Apr 2022, 9:45 am
“A valid judgment, in order to create a lien, must possess two qualifications: (1) it must be final, valid, and for a definite amount of money; and (2) it must be such a judgment that execution may issue thereon…Without a judgment specifically evidencing a monetary obligation, there is no judgment for purposes of the judgment lien statute. [read post]
17 Apr 2022, 8:21 am
However, under Chapter 13, you (the debtor) get to maintain possession of all your assets. [read post]
14 Apr 2022, 5:41 pm
“The divorce decree does not create a debtor/creditor relationship between the debtor spouse and the nondebtor spouse. [read post]
11 Apr 2022, 3:45 am
Trustee examines the debtor-in-possession’s responsibilities and restrictions, explains the quarterly fees and monthly operating reports, and generally discusses the debtor’s financial situation and the breadth of the anticipated plan of reorganization. [read post]
7 Apr 2022, 12:26 pm
Once the landlord has a judgment of possession, the landlord may proceed with the eviction as if you hadn’t filed for bankruptcy.I am being sued on credit card debt. [read post]
29 Mar 2022, 10:15 am
A debtor retains possession and continues paying off any liens against the property as if no bankruptcy were filed. [read post]
17 Mar 2022, 7:54 am
Options for Loan Modifications In many cases, lenders will be open to working with debtors to determine how the terms of a loan may be adjusted. [read post]
17 Mar 2022, 6:13 am
“The divorce decree does not create a debtor/creditor relationship between the debtor spouse and the nondebtor spouse. [read post]
15 Mar 2022, 8:48 am
Fees for Opposing Debtor’s Motion to Convert to Chapter 13. [read post]
11 Mar 2022, 10:49 am
According to court documents and the DOJ, the man originally testified in his bankruptcy hearings that he had deposited all of his earnings and income into a special “debtor-in-possession” account—a requirement of the proceedings for bankruptcy protection. [read post]
4 Mar 2022, 8:22 am
But it isn’t just designed to benefit creditors- it comes with versatile advantages and protections for the debtors as well. [read post]
28 Feb 2022, 7:00 pm
The debtor-in-possession initially has the exclusive right to propose a Chapter 11 plan. [read post]
25 Feb 2022, 12:09 pm
While called a “mortgage,” the lending relationship (and enforcement remedies related to these Metaverse mortgages) parallels Article 9 of the UCC in that a creditor can immediately take possession of collateral after a debtor defaults. [read post]
9 Feb 2022, 5:30 am
This is typically only allowed in special circumstances such as where the debtor is using, or possessing, valuable property used to secure a debt owed to the creditor for which the debtor is not fairly compensating the creditor, to the detriment of the creditor’s rights (i.e. driving a car around with a loan against it and not making payments). [read post]
