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24 Apr 2014, 4:21 am
” The Bankruptcy Judge determined that in considering whether or not the individuals had shown cause for lifting the stay that the Court should “balance the harm to the debtor if the stay is modified with the harm to the directors and officers if they are preventing for executing their rights to the defense costs. [read post]
14 Apr 2014, 11:16 pm
But that’s changing, as more people search for legal help online, says Jeffrey Van Winkle, a lawyer and chair-elect of the National Small Business Association’s board of trustees. [read post]
13 Apr 2014, 6:47 pm
These include: the time spent; the complexity of the questions involved; the nature of the services provided; the amount of litigation required; the amounts involved and the benefit resulting from the execution of such services; the lawyer's experience and reputation; and the customary fee charged by the Bar for similar services. [read post]
12 Apr 2014, 6:48 pm
This power shall be exercisable only during the grantor's lifetime by a deed making express reference to this power and executed and recorded within two months of execution. [read post]
11 Apr 2014, 2:36 pm
The Executive Committee of the GVSU Faculty Senate voted unanimously in favor of creating an Ombuds Office last week. [read post]
11 Apr 2014, 7:41 am
” 131 S.Ct. at 2613-14.The majority contrasts the Schor circumstances with a trustee’s pursuit of fraudulent transfer claims in Granfinanceria S.A. v. [read post]
11 Apr 2014, 7:38 am
The business deal fell apart, and the creditor holding the guarantee sued, obtained a $539,000.00 judgment and execution, and recorded the execution against the residence in Buzzard’s Bay, Massachusetts, owned by the debtor and her spouse. [read post]
11 Apr 2014, 12:17 am
This will then be followed by the sale of the insolvent estate by the trustees. [read post]
9 Apr 2014, 3:06 pm
A primary consideration is preparing and executing a Last Will. [read post]
8 Apr 2014, 5:25 pm
MARK CHRISTIAN GOMBERT, AS CO-TRUSTEE OF THE CHRISTIAN W. [read post]
8 Apr 2014, 3:45 pm
The CEO of DBSI and three top executes are currently on trial for 89 criminal counts, including several counts of conspiracy and securities fraud. [read post]
8 Apr 2014, 2:30 am
In order to accept a certification of trust, it must contain the following terms: A statement that the trust exists and the date the trust instrument was executed; The identity of the settlor (aka grantor/trustor); The identity and address of the currently acting trustee; The powers of the trustee; The revocability or irrevocability of the trust and the identity of any person holding a power to revoke the trust; The authority of co-trustees to sign or otherwise… [read post]
3 Apr 2014, 7:09 am
THE Scottish Government has announced the appointment of Lorna Jack, chief executive of the Law Society of Scotland as one of two new non-executive directors appointed to the board of Highlands and Islands Airports Ltd. [read post]
2 Apr 2014, 3:36 pm
Like all of the trustees’ avoidance powers, § 544 provides only that a trustee “may” avoid transfers that are voidable by statutorily specified entities (i.e., a judgment lien creditor, execution creditor and bona fide purchaser of real property); nothing in the Code describes what principles should guide the trustee in exercising this discretion. [read post]
1 Apr 2014, 12:23 pm
The offending indemnification clause in Greenwood read: “The Trustees and each of them shall be entitled to indemnity both out of the trust property and by the owner(s) of the lands subject to this Declaration, against any liability incurred by them or any of them in the execution hereof, including without limiting the generality of the foregoing, liabilities in contract and in tort and liabilities for damages, penalties and fines. [read post]
1 Apr 2014, 8:14 am
For that reason, the Trustee has an avoidance power. [read post]
1 Apr 2014, 8:13 am
The trustee's deed must be recorded before the time is up. [read post]
31 Mar 2014, 6:23 am
(Certain defendants apparently sold her house in violation of the automatic stay in bankruptcy; Galope sufficiently alleged a violation of the covenant of good faith and fair dealing because there was sufficient evidence to support a reasonable inference that they had notice of the automatic stay when they executed the trustee’s sale of the home.)Judge Nguyen dissented in part on standing grounds. [read post]
29 Mar 2014, 6:54 pm
In the first codicil, the decedent appointed his son, his attorney, and his accountant, as co-executors and co-trustees. [read post]
27 Mar 2014, 2:45 pm
” DBSI’s president, Douglas Swenson, and three top executives are are on trial for 89 criminal counts, including multiple counts of securities, wire fraud, and conspiracy. [read post]
