Search for: "Debtors and Debtors in Possession"
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13 May 2024, 10:00 pm
Confidentiality Agreement Between Creditors' Committee and Debtor in Possession Use this template for a confidentiality agreement between a Chapter 11 debtor and the creditors' committee. [read post]
13 May 2024, 2:41 pm
Because the FDCPA is federal law, it applies nationwide, in every state, territory, and possession of the United States. [read post]
4 May 2024, 11:35 am
This provision allows individuals to retain certain essential possessions such as clothing, furniture, and necessary household items. [read post]
1 May 2024, 12:08 pm
The agreement between the patentee-debtor and the lender indicated that the Debtor would “be permitted to control and manage … the right to exclude others from making, using or selling items covered by the Patents and Trademarks and any licenses thereunder. [read post]
30 Apr 2024, 7:58 am
This includes checking and savings accounts, investments, retirement accounts, real estate properties, vehicles, and any other valuable possessions. [read post]
29 Apr 2024, 9:05 pm
One drawback of her proposal is that it ignores the debtor’s capital structure. [read post]
26 Apr 2024, 9:04 pm
These are claims to which the debtor in possession should, by all rights, as an estate fiduciary object. [read post]
23 Apr 2024, 2:07 pm
Section 1101(1) establishes that a debtor in a Chapter 11 bankruptcy is a “debtor in possession. [read post]
13 Apr 2024, 11:23 am
Chapter 13 Bankruptcy and Landlord As part of the Chapter 13 process, a debtor is required to provide a list of creditors to the bankruptcy court. [read post]
12 Apr 2024, 1:32 pm
Hundreds of valuable possessions were seized as part of the jury award, and Simpson was forced to auction his Heisman Trophy, fetching $230,000. [read post]
29 Mar 2024, 10:47 am
The Ability to Continue Doing Business After filing for bankruptcy under Chapter 11, the company is classified as a “debtor in possession. [read post]
19 Mar 2024, 8:42 pm
The default setting in Chapter 11 is that there is a “debtor in possession,” meaning that the debtor retains control over its assets (subject to some restrictions), and the debtor is initially the only party with authority to file a Chapter 11 plan for the first four months (this period can be shortened or lengthened, but there’s little reason to think it would be shortened, and it is often lengthened). [read post]
18 Mar 2024, 5:23 pm
This brought attention to the Detroit Institute of Arts (DIA), which was owned by the city since 1919 and possessed a valuable art collection. [read post]
1 Mar 2024, 6:18 am
The question then arose to whom the Crimean treasures should be returned by the Allard Pierson Museum: to the Crimean museums (de facto in possession of the Russian Federation) or to the State of Ukraine? [read post]
28 Feb 2024, 4:57 pm
The debtor then appealed. [read post]
15 Feb 2024, 10:05 am
What is a debtor in possession? [read post]
9 Feb 2024, 9:17 am
When a Bankruptcy petition is filed it operates as a stay of virtually all efforts to collect a debt from a debtor or obtain possession or control over property of a debtor. [read post]
5 Feb 2024, 10:00 pm
Practical Guidance now offers a tracker for you to keep up to date on key debtor in possession (DIP) terms and review select DIP credit agreements. [read post]
17 Jan 2024, 7:37 am
Debtor in Possession Whether a business files a small business case or files under Subchapter V, it will be classified as a “debtor in possession. [read post]
15 Jan 2024, 11:23 pm
Debtors typically retain control of their operations as “debtors in possession,” but under the oversight of the court. [read post]
