On December 22, 2021, Judge Mary Walrath of the Bankruptcy Court for the District of Delaware held in In re The Hertz Corp. that redemption premiums may potentially qualify as unmatured interest, and that, to the extent that such redemption premiums are unmatured interest on unsecured debt, then creditors would
The Illinois First District Court of Appeals recently upheld a trial court’s order granting a mortgagee’s motion to confirm the judicial sale of a borrower’s property and denying the motion of the borrower to rescind and rescind the sale. In this decision, the first district considered in particular that: An
The majority of Americans are a healthcare emergency from financial collapse It’s been reported that the majority of Americans have a medical emergency that is one or financial crisis away. It’s the same to an Lehigh Acres woman who reached for help from WINK News. Suzan Ambrosino agreed to help WINK bring
MEDFORD, Oregon., January 17, 2022 /PRNewswire/ — Providing financial advisory services in the areas of corporate turnaround, restructuring and Idaho bankruptcy requires both special knowledge and extensive relevant experience. In 1992, the AIRA created the Certified Insolvency and Restructuring Advisor (CIRA) aimed at recognizing, through public awareness and certification, individuals
Loomis and Greene is a qualified law firm with the best attorneys to help Colorado residents manage their legal difficulties and provides free bankruptcy consultations. Loveland, Colo. â When legal issues arise, seeking the help of lawyers and lawyers is the best method to resolve the situation. People often believe
An Aeromexico Boeing 737 MAX 9 fuselage, which is among new aircraft incorporated into its fleet, is pictured at Benito Juarez International Airport in Mexico City, Mexico July 14, 2021. Picture taken July 14, 2021. REUTERS/Luis Cortes Join now for FREE unlimited access to Reuters.com Register MEXICO CITY, Jan 17
A recent decision from the United States Bankruptcy Court for the Northern District of Texas illustrates that aggressive lender action can result in âlender liabilityâ in a lending transaction. Bailey Tool & Mfg. Co., et al. vs. Republic bus. Credit (In re Bailey Tool & Mfg. Co.), Adv. No. 16-03025-SGJ
Members of the tort plaintiffs committee, which is made up of nine abuse survivors appointed as trustees for all plaintiffs in the Idaho bankruptcy process, said they did not expect the final tally to change much. The Greater Niagara Frontier Council of the Boy Scouts of America plans to sell
See below some reactions to Glenn Youngkin’s early actions as governor, including extremely ill-advised (not to mention questionable and dishonest) executive orders/directives to rescind mask and vaccine mandates, remove Virginia from the Regional Greenhouse Gas Initiative, dismiss the Parole Board, “investigate wrongdoing in Loudoun County”, “reduce job cut regulations by
When is good news not necessarily good news? The number of bankruptcy filings has dropped significantly in the United States. This seems like good news. But is it? According to a recent CNBC report, there were 434,540 bankruptcy filings in the United States in 2021, for the year ending 9/30/21.
An Ann Taylor “LOFT” store in Encinitas, California. REUTERS/Mike Blake Join now for FREE unlimited access to Reuters.com Register Summary Law firms Related documents Company must return to bankruptcy court to set plan Judge calls executive protections ‘shocking’ The names of companies and law firms listed above are auto-generated based
By Ryan Dahl, Matthew McGinnis and Benjamin Rhode (January 14, 2022, 4:08 p.m. EST) â As we look to 2022, we draw your attention to the lessons of the October 2021 decision of the United States Bankruptcy Court in the District of Delaware in Friedman v. Wellspring Capital Management LLC.
H2O Asset Management suffered larger writedowns on its holdings of bonds linked to Lars Windhorst, after agreeing to help the German financier avoid bankruptcy. Once a star of European asset management, H2O was thrown into crisis in 2019 when the Financial Times revealed it had heavy exposure to illiquid securities
A siding victim has revealed she faces bankruptcy within the next 18 months, even if the government pays her repair bill. Charlotte Meehan, 33, said landlords of flats in her east London apartment building were being ‘bled’ by the skyrocketing cost of interim fire safety measures that have been put
FORT WAYNE, Ind. (WANE) â Red River Waste Solutionsâ bankruptcy proceedings advanced Thursday in Texas federal court. WANE 15 has obtained court documents for the hearing and they show that an emergency motion regarding Red River’s contract with Fort Wayne is “resolved”. We asked Fort Wayne City spokesman John Perlich
The onset of a global health pandemic seemed to bode well for companies in the right sector, like disinfectant wipes maker Gilbert GPMI Company, but things didn’t go as planned. After a major expansion deal with an Israeli industrial partner turned sour, the company was forced to halve its workforce.
HAMMONDâMary Lois Cossey, 55, of Munster, Indiana, was sentenced today by United States District Court Judge Philip P. Simon following her August 2021 guilty plea to a count wire fraud charges, U.S. Attorney Clifford D. Johnson said. Cossey was sentenced to 2 years probation and was ordered to pay $81,159.97