Search for: "Receivership"
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25 Jun 2015, 6:23 am
The Indiana Supreme Court disbarred an attorney Respondent, Robert Stochel, committed attorney misconduct by stealing trust account funds belonging to a former law partner and that partner’s clients, embezzling funds from a receivership and actively concealing that theft for nearly... [read post]
14 Mar 2023, 9:44 am
As many of you are aware, Silicon Valley Bank (SVB), a bank licensed by the State of California whose deposits are insured by the FDIC, was seized by the California Department of Financial Protection and Innovation and placed into FDIC receivership on Friday, March 10. [read post]
21 May 2009, 4:00 pm
Ezra Merkin, agreed to New York Attorney General Andrew Cuomo's demands to step down as manager of his hedge funds and place them into receivership. [read post]
2 Jun 2014, 7:33 am
On May 28, HUD announced that it is returning the Housing Authority of New Orleans (HANO) to local control from federal receivership effective June 30, 2014. [read post]
15 Dec 2014, 1:30 pm
From Reuters: Under scrutiny by a court-ordered external monitor and threatened with federal receivership, Oakland's 14-year journey from notorious law enforcement agency to reform-minded department illustrates the difficulty of changing the way police operate at time of national soul-searching over... [read post]
17 Nov 2008, 1:37 am
By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com 16 November 2008 Hospitality Lawyer: Turnarounds, workouts, receiverships, bankruptcies and deeds in lieu for troubled and defaulted hotel mortgage loans. [read post]
24 Jan 2012, 9:04 am
In connection with the Medical Capital receivership, the SEC Receiver recently filed its “Proposed Plan for Distribution” (the “Plan”). [read post]
21 Mar 2016, 4:46 am
Court of Appeals for the Seventh Circuit recently affirmed the dismissal of a breach of contract claim brought by a group of investors against a bank that purchased the assets of a failed bank in receivership, because there was no writing memorializing the alleged agreement, as required by the federal Financial Institutions Reform, […]Mickey J. [read post]
23 May 2010, 3:31 pm
BennettHeld: Under Maryland law and Federal Rule of Civil Procedure 23.1, when a shareholder seeks to pursue a derivative action on behalf of a corporation in receivership, the shareholder must allege with particularity any efforts to have the receiver institute suit or why such efforts would be futile.Facts: Shareholders of companies in receivership, which also were also defendants in litigation, alleged derivative counterclaims on behalf of the companies. [read post]
31 Oct 2008, 4:11 am
By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com 30 October 2008 Hospitality Lawyer: The Comprehensive Situation Analysis -- Critical foundation for decisions on lender alternatives for workouts, receiverships, deeds in lieu and bankruptcies with distressed hotel loan When CMBS special servicers (and other lenders' special assets workouts teams) see more hotel loans pop up on their "Watch Lists," it is important to perform a "Comprehensive Situation… [read post]
27 Jul 2009, 8:10 am
Receiverships are interesting animals: I've done a few, and they're particularly creative because you get to sort of write your own version of the Bankruptcy Code in the Receivership Order, as long as the Judge decides it's a legit order. [read post]
1 Oct 2009, 6:01 pm
By Jim Butler and the Global Hospitality Group® Hotel Lawyers | Authors of www.HotelLawBlog.com 01 October 2009 This is one of many articles on the subject of "troubled hotel loans - workouts, bankruptcies & receiverships" in the rich library at www.HotelLawBlog.com. [read post]
26 Jun 2009, 4:32 pm
By Jim Butler and the Global Hospitality Group® Hospitality Lawyers | Authors of www.HotelLawBlog.com 26 June 2009 This is one of many articles on the subject of "troubled hotel loans - workouts, bankruptcies & receiverships" in the rich library at www.HotelLawBlog.com. [read post]
11 Apr 2007, 1:20 pm
It holds that "the receivership court should allow the tenant's landlord to pursue eviction proceedings in a parallel proceeding in state court. [read post]
11 Jan 2012, 1:19 pm
The receivership for the Bank of Whitman will hold the remaining 75 percent equity interest until all equity is returned. [read post]
17 Apr 2009, 1:26 am
Code § 32-30-5-1(5) for a corporation: A receiver may be appointed by the court in the following cases: (5) When a corporation: (A) has been dissolved; (B) is insolvent; (C) is in imminent danger of insolvency; or (D) has forfeited its corporate rights.Do not have your corporate meetings, do not keep corporate minutes, do not pay your annual fee to the Secretary of State, and your corporation may be faced with a receivership.For a more recent… [read post]
12 Oct 2010, 9:00 am
They can never be essential to the receivership or the bridge. [read post]
31 Oct 2008, 3:31 am
By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com 30 October 2008 Hospitality Lawyer: Workouts, receiverships, deeds in lieu and bankruptcies with distressed hotel loans: Do you know the 8 Dos and Don'ts of handling Troubled Hotel Loans? [read post]
14 Dec 2014, 4:00 pm
Why this is significant is that in response to the filing of a Section 291 receivership action, a defending corporation may opt to file for bankruptcy to say the action receivership action. [read post]
10 May 2007, 1:08 am
Yeh, well, okay, so I overdid it--an absence of sobriety in the marshalling of railroad receivership statistics. [read post]
