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30 May 2008, 11:18 am
My view is that these creditors are also hoping to fuel credit addiction. [read post]
16 Sep 2013, 9:00 am
So this statutory requirement is another reminder to do your asset protection planning before you have any significant creditor issues. [read post]
30 Apr 2010, 7:20 am
However, it could help you to save your home from a possible foreclosure; put an end to the harassments caused by creditors as well as provides an opportunity to restart your financial life anew. [read post]
12 Oct 2008, 5:00 am
According to "Tyco gets OK to freeze Kozlowski's assets" for example, ex-Tyco chief executive Dennis Kozlowski may be using his divorce settlement to delay his creditors. [read post]
31 Jan 2011, 4:14 pm
This means that, within this time period, a creditor must: Collect upon the judgment (A.R.S. [read post]
24 Nov 2019, 7:02 am
In lay man’s terms, a bankruptcy Preference is simply when you “prefer” one creditor over another creditor. [read post]
15 Dec 2021, 5:30 am
When a person files for bankruptcy, their property is considered either exempt, meaning protected from creditors under the law, or non-exempt, meaning not protected from creditors. [read post]
25 Nov 2009, 4:50 am
The creditors committee in the Lehman case (represented by Quinn Emanuel Urquhart Oliver & Hedges) filed a motion under the terms of the Hague Convention seeking permission to ask a UK court to require that two UK-based entities turn over documents related to the Barclays deal. [read post]
6 Sep 2021, 8:18 am
Why have creditors tolerated this? [read post]
4 Aug 2008, 6:38 pm
In my July 21 post, I noted that the firm of Sonnenschein Nath & Rosenthal which represented the Creditor's Committee for the month before the Aloha chapter 11 case was converted to chapter 7 had filed a fee application seeking... [read post]
26 Jun 2010, 8:35 am
A FINRA arbitration panel ordered Goldman Sachs Group to pay $20.6 million (the largest arbitration award against a securities firm) to unsecured creditors of Bayou Group LLC. [read post]
5 Oct 2015, 11:20 am
"U.S. court rejects creditors' bid for Argentine funds held by BNY Mellon": Reuters has this report on two non-precedential summary orders (here and here) that the U.S. [read post]
22 Mar 2008, 5:42 pm
This blog is a continuation of that article and contains a copy of the tentative ruling issued by the Judge for two creditors that broke the laws with respect to publishing identity information. [read post]
5 Dec 2009, 7:10 pm
The Supreme Court of Ohio ruled 7-0 today that pursuant to R.C. 1343.02, when a debtor defaults on a written instrument that specifies an interest rate payable on the unpaid balance, and there is no agreement of the parties or another statutory provision expressly authorizing the compounding of interest, the creditor is entitled to simple interest on the unpaid amount until payment is made. [read post]
18 Sep 2006, 12:57 pm
The Delaware Court of Chancery has issued another decision involving creditor claims against directors of a financially troubled corporation. [read post]
22 May 2007, 2:10 am
The Chancery Court Limits Direct Creditor Claims. [read post]
18 Oct 2015, 9:54 am
Again, these later-acquired creditors are out of luck. [read post]
12 Jul 2009, 11:13 am
The chapter 13 bankruptcy trustee listens, plans and helps financially stressed consumers, a reporter concludes after sitting in on recent chapter 13 bankruptcy 341 hearings (meeting of creditors) in Wichita, Kansas, conducted by Laurie Williams, the standing chapter 13 bankruptcy trustee for cases filed in Wichita. [read post]
3 Jun 2009, 1:30 pm
The Mercury Ballroom at the Hilton New York Hotel--setting for the chilling final scene of legal thriller Michael Clayton--held far less drama Wednesday afternoon as U.S. trustee Diana Adams announced a 15-member committee of GM's unsecured creditors. [read post]
9 Nov 2011, 4:32 pm
An official committee of unsecured creditors in the Chapter 11 case of derivatives and commodities broker MF Global Holdings has hired Dewey & LeBoeuf as counsel, while a SIPC trustee from Hughes Hubbard & Reed has filed papers with a U.S. district court showing that the firm is willing to discount its hourly rates by 10 percent to work on the case. [read post]
