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13 Jan 2021, 9:00 am
Previously, the receivership statute in Michigan applied only to receiverships over commercial real estate. [read post]
13 Jan 2021, 7:21 am
On Dec. 9, the Supreme Court heard oral argument in Collins v. [read post]
28 Dec 2020, 9:12 am
If you are a boardGo to Article The post RECEIVERSHIP: WHAT’S IN IT FOR ME? [read post]
15 Dec 2020, 10:22 am
The Uniform Commercial Real Estate Receivership Act Receivership had previously been governed by common law principles. [read post]
15 Dec 2020, 10:22 am
The Uniform Commercial Real Estate Receivership Act Receivership had previously been governed by common law principles. [read post]
15 Dec 2020, 10:22 am
The Uniform Commercial Real Estate Receivership Act Receivership had previously been governed by common law principles. [read post]
11 Dec 2020, 9:20 am
Most of the receiverships in the United States are state court receiverships. [read post]
10 Dec 2020, 4:00 am
Organized similarly to Canadian bankruptcy law textbooks, concepts are broken down into 11 broad sections: insolvencies, bankruptcy proceedings, bankruptcy property, pre-bankruptcy transfers, contracts in bankruptcy, claims, priority creditors, how to get priority, receivership restructuring, and international insolvencies. [read post]
2 Dec 2020, 2:45 am
”[ii] For many contemporary jurors, Professor Sutherland’s observations from eighty years ago would prescient: the wrongdoing of “present-day white-collar criminals” shows up in “investigations of land offices, railways, insurance, munitions, banking, public utilities, stock exchanges, the oil industry, real estate, reorganization committees, receiverships, bankruptcies, and politics. [read post]
23 Nov 2020, 4:25 am
The decision by Manhattan Supreme Court Justice Arlene Bluth denied the receivership application and, based on the parties’ conflicting affidavits, ordered a hearing on the dissolution claim. [read post]
13 Nov 2020, 11:47 am
Facts: Petitioner Mayor and City Council of Baltimore initiated a receivership action against Respondent Prime Realty Associates LLC, when the property owned by Respondent remained vacant and its condition deteriorated. [read post]
2 Nov 2020, 4:41 am
Third, the Court concluded that appointment of a receiver in the arbitration, upon the passage of time alone, resulted in a second event of withdrawal and dissolution of the Partnership: RAS ‘withdrew’ and ceased being the general partner because a receiver was appointed over the Partnership’s assets on August 7, 2019 in the JAMS Arbitration and such receivership was not vacated within 90 days . . . and, not only was approval of the Limited Partner for the continuation… [read post]
26 Oct 2020, 12:36 pm
The SEC put the company in receivership. [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]
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]
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]
14 Oct 2020, 10:20 am
Defrauded Investors In Ponzi Scheme Receiverships appeared first on Securities Arbitration Lawyers Blog. [read post]
9 Oct 2020, 12:49 pm
New Brunswick Southern Railway Co. 20-310Issue: Whether the “six months rule” — which grants a special priority to certain unsecured claims of creditors that provided goods or services necessary to a railroad’s operation, in reliance on payment out of the railroad’s current income, in the six months before the receivership — entitles unsecured claims for necessary operating expenses incurred by a railroad in the six months before bankruptcy to priority of… [read post]
7 Oct 2020, 1:09 pm
Timmons has been named Chief of the newly-formed Office of Bankruptcy, Collections, Distributions, and Receiverships in the Division of Enforcement. [read post]
15 Sep 2020, 8:36 pm
“Owners in all hotel sectors are talking to their lenders,” said Maisnik, explaining that lenders are refraining from receiverships and foreclosures, as the capital to buy foreclosed properties hasn’t come forward. [read post]
