Posts tagged with: "distressed-debt"
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30 Mar 2020, 1:42 pm
In the meantime, as the Stimson law firm memo notes, “directors of insolvent or distressed corporations should recommit to faithfully discharging their duties of care and loyalty, including good faith, oversight and disclosure. [read post]
27 Mar 2020, 10:37 am
These include a temporary expansion of charitable deduction provisions, opportunities for business continuity loans to cover payroll, paid leave, health-insurance premiums, facilities costs, and debt service, and increased tax incentives for corporate giving. [read post]
26 Mar 2020, 8:26 am
The current debt limit for eligibility for cases under the new subchapter V is $2,725,625. [read post]
26 Mar 2020, 6:51 am
In other words, in situations where a company is severely distressed financially, the director’s duty towards the company requires him or her to have proper regard for the interests of its creditors and prospective creditors. [read post]
25 Mar 2020, 3:24 pm
-Rent payments -Utilities -Interest on any other debt incurred before the covered period. [read post]
24 Mar 2020, 8:53 am
If you are in financial distress and cannot pay the IRS for prior tax years (installment agreement or otherwise), please contact us to discuss your options. [read post]
23 Mar 2020, 7:58 am
Companies that have been performing well previously, but are now experiencing financial distress primarily because of COVID-19, may need to assess factors that go beyond those of a traditional distressed company. [read post]
23 Mar 2020, 7:30 am
Chapter 11 is a powerful tool for businesses seeking protection from financial distress. [read post]
20 Mar 2020, 9:41 am
This will help businesses increase liquidity if they have debt or must take on more debt during the crisis. [read post]
17 Mar 2020, 7:40 am
Debt reduction through compromise: Distressed airlines should not shy away from engaging with creditors to achieve a debt reduction through a compromise. [read post]
17 Mar 2020, 6:33 am
Your attorney could help reduce your interest rates accrued during your financial distress. [read post]
15 Mar 2020, 12:40 pm
This is precisely the situation Chapter 11 handles best – recapitalization of a viable, but financially distressed business. [read post]
12 Mar 2020, 6:01 pm
("FDCPA"), and the Texas Debt Collection Practices Act, Tex. [read post]
11 Mar 2020, 2:07 pm
While President Trump and other federal and state leaders are promising employment tax holidays and other relief to try to mitigate some of these financial effects, businesses impacted by these disruptions should begin assessing and planning to execute options to mitigate losses and manage these risks as soon as possible to maximize their potential ability to take advantage of options to restructure debt or contractual obligations, adjust workforce staffing, and make other… [read post]
7 Mar 2020, 9:53 am
That may be hard to discern if we hit a period of further economic distress. [read post]
6 Mar 2020, 6:51 am
In 2019 there was a 13 per cent. rise in the number of real estate and property businesses in significant distress to 53,000. [read post]
4 Mar 2020, 2:07 pm
According to the evidence presented at trial, Williams marketed a fraudulent mortgage debt reduction scheme to distressed homeowners, who were mostly non-native English speakers in the Filipino immigrant community […] [read post]
3 Mar 2020, 11:54 am
Debt relief services have long been one of the most highly regulated sectors in the United States, based on the role that the providers play in assisting consumers who by definition are in financial distress. [read post]
2 Mar 2020, 3:09 pm
EquiAlt is in the business of snapping up distressed properties in Florida. [read post]
25 Feb 2020, 11:13 pm
If you’re in financial distress and seeking a way out of debt, a bankruptcy filing may be in order. [read post]
