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25 Jan 2023, 6:07 am
The assets are not shielded from creditors or lawsuits. [read post]
25 Jan 2023, 4:00 am
Creditors have 30 calendar days to file any objections following the bankruptcy hearing. [read post]
24 Jan 2023, 9:30 pm
In response to falling prices and crop yields, as well as increasing debt levels, Parliament enacted the Farmers’ Creditors Arrangement Act (FCAA). [read post]
24 Jan 2023, 3:26 pm
She also assists debtors, creditors, bankruptcy trustees an [read post]
24 Jan 2023, 11:01 am
For instance, one court held that a bankruptcy judgment against a CEO was not covered because “[p]ayments fraudulent as to creditors that must therefore be repaid due to bankruptcy court order is a disgorgement of ill-gotten gains and a restitutionary payment. [read post]
24 Jan 2023, 6:51 am
As a result, skilled legal representation is required, and creditors seeking to bring claims for non-dischargeability need to work with an experienced creditors’ rights attorney. [read post]
24 Jan 2023, 12:00 am
Bill collectors are demanding a huge chunk of the money you’ve received, and you are legally obligated to pay your creditors. [read post]
23 Jan 2023, 11:18 am
Simply put, the creditor cannot have his cake and eat it too. [read post]
23 Jan 2023, 11:18 am
Simply put, the creditor cannot have his cake and eat it too. [read post]
23 Jan 2023, 8:51 am
During your case, creditors will be notified and given the opportunity to object to the discharge of your debts. [read post]
23 Jan 2023, 6:05 am
” “FTX creditor Warren Winter asked Dorsey to delay Sullivan & Cromwell’s approval until Friedberg’s allegations were investigated. [read post]
23 Jan 2023, 2:14 am
When someone transfers assets beyond the reach of a creditor, it can be a fraudulent transfer (a.k.a fraudulent conveyance). [read post]
22 Jan 2023, 9:05 pm
New Zealand’s proposed disclosure framework targets “primary users,” defined as investors, lenders, and other creditors. [read post]
22 Jan 2023, 5:06 am
In November 2019, unsecured creditors of Sears filed an adversary proceeding in the bankruptcy court (the Adversary Proceeding) against Seritage, Lampert, Rieker, and other individuals and entities. [read post]
21 Jan 2023, 7:24 am
While not often considered, 401(k)s cannot be touched by creditors in a lawsuit. [read post]
21 Jan 2023, 2:45 am
These costs can easily skyrocket into the tens of thousands or more if family disputes or creditor claims arise during the process. [read post]
20 Jan 2023, 3:03 pm
As part of our commitment to educating ordinary Americans about their legal rights, Justia provides Justia Legal Guides. [read post]
20 Jan 2023, 8:05 am
” The court concluded that even if the assets were loans or some lending instrument, the account holders would nonetheless be unsecured creditors.9 Importantly, the court made clear that the only issues decided in the instant decision are whether i) there was a valid contract and ii) that valid contract transferred assets to Celsius and specifically left room for the account holders to present future defenses regarding contract formation and breach of contract. [read post]
20 Jan 2023, 5:16 am
On Nov. 23, 2022, the European Parliament voted in favor of a resolution designating Russia as a state sponsor of terrorism (SST). [read post]
20 Jan 2023, 4:30 am
The design of mass tort bankruptcies also tends to blunt the effective operation of standard chapter 11 protections meant to empower individual creditors – tools that often are cited as making bankruptcy “better” for mass tort than other aggregate litigation fora. [read post]
