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5 Sep 2011, 12:39 pm by Randall Reese
The United States Trustee for Region 21 filed a motion on August 30th seeking the conversion of the chapter 11 bankruptcy case of Robb & Stucky Limited LLLP to a chapter 7 case. [read post]
For example, if a fiduciary fails to pay the debts owed to the federal government, they are personally liable to the extent they distributed property to anyone with a lower priority claim.[33] Likewise, trustees are personally liable to debtors if they distribute trust funds to beneficiaries “without making adequate provisions” to pay the debt.[34] Multiple Trustees or Executors When more than one person is named as an executor of an estate, they must usually agree as… [read post]
8 Dec 2014, 10:15 am
"Madoff trustee loses appeal on clawbacks": Jonathan Stempel of Reuters has this report on a ruling that the U.S. [read post]
13 Jun 2024, 3:00 am by Yosi Yahoudai
Brandeis Center for Human Rights Under Law and the Anti-Defamation League filed complaints with the U.S. [read post]
24 Aug 2018, 5:57 am by John Jascob
SEC (U.S. 2017), which held that disgorgement in a civil enforcement proceeding constitutes a penalty. [read post]
2 Jul 2013, 9:50 am
Marine Midland Grace Trust Co., 406 U.S. 416 (1972), the Second Circuit held that the Trustee lacked standing because a bankruptcy trustee could only collect money owed to the estate. [read post]
6 Jun 2011, 9:25 pm by Patent Docs
The opinion begins (and could have ended) with a recitation of a fundamental premise of U.S. [read post]
1 Aug 2011, 12:58 pm by Colleen H. McDonald
Her securitization expertise involves U.S. and Canadian securitization of motor vehicle loans and leases (including titling trusts), equipment leases, credit cards receivables, trade receivables and consumer loans. [read post]