Sentences with phrase «assets out of bankruptcy»

A highly respected attorney with deep expertise in bankruptcy law, he focused his practice on reorganizations and workouts for corporations and individuals, representation of secured creditors in and out of bankruptcy, and representation of entities which sought to acquire assets out of bankruptcy cases.
You get to carry some of those assets out of bankruptcy, right?
We also have extensive experience representing both buyers of assets out of bankruptcy, as well as sellers of assets through the bankruptcy process.
Understanding the treatment of real estate issues in bankruptcy and the unique aspects of buying assets out of bankruptcy can be invaluable in counseling clients and developing strategies.»
If the trustee suspects that you might have left assets out of your bankruptcy papers, they will schedule a 2004 exam and ask you questions under oath.
The electronics retailer is said to be in talks with a private equity firm that could buy its assets out of bankruptcy.
A white knight as well as a green one, Surace bought Republic's crippled assets out of bankruptcy and pledged to restore the factory and eventually rehire all the workers at their old pay levels.

Not exact matches

According to the Financial Times, four major creditors filed a petition this month asking the court to pull Mt. Gox out of bankruptcy in order to distribute its bitcoin assets among claimants.
Wilbur Ross revived investment in the U.S. steel industry by buying assets on the cheap out of bankruptcy.
A failed business may simply cease operations; with the owners and investors absorbing the losses (if any); a troubled business on the brink of going under may seek to merge with another company that has the resources to keep it afloat and out of bankruptcy; or a dying business may be bought up by another, stronger company, seeking to breathe new life into it or simply to acquire its assets.
Last August, Univision surprised the publishing community with its $ 135 million purchase of Gawker's assets out of its legal woe - driven bankruptcy.
In October 2013, Healthy Acquisitions purchased the assets and took the UFood brand out of bankruptcy.
General Motors is reportedly set to purchase several assets of its former parts subsidiary, Delphi, after a U.S. bankruptcy judge approved a plan that could move the supplier out of its four - year - long bankruptcy.
GM is projecting the Delphi assets it is seeking to purchase will cost about $ 3.9 billion, which includes a $ 1.1 billion payment to Delphi's creditors and a $ 2 billion equity stake in Parnassus, the unit of Platinum Equity that is bidding to take Delphi out of bankruptcy.
Borders went out of business and its assets were sold in a New York Bankruptcy Court.
They will» sell» their service to you as a solution to help get out of debt whereas the reality of the situation when dealing with such lending institutions is the fact that you are more likely to get into even more financial strife and lose the assets that have been put up as collateral for the loan and possibly force you into bankruptcy.
As an alternative to bankruptcy, consumer proposals help 50,000 Canadians a year keep their assets, gain protection from their creditors but most importantly get out of debt.
If Wise Money Tips, or substantially all of its assets, were acquired, or in the unlikely event that Wise Money Tips goes out of business or enters bankruptcy, user information would be one of the assets that is transferred or acquired by a third party.
Perhaps bankruptcy is the best course of action for you — it will stop a collection lawsuit and protect your important assets while permanently wiping out your unsecured debts.
In addition, it is a costly matter, resulting in thousands of dollars in direct and indirect damages, from legal fees to loss of assets, as well as inflated interest charges on loans and lines of credit taken out after bankruptcy.
But, if you do not have many assets, you do not have a mortgage, you just want to get out from under the burden of your debts, and you qualify, you may want to consider filing a chapter 7 bankruptcy.
Don't file for bankruptcy and transfer assets out of the business, thinking they will be safe.
If Best Credit Repair, or substantially all of its assets, were acquired, or in the unlikely event that Best Credit Repair goes out of business or enters bankruptcy, user information would be one of the assets that is transferred or acquired by a third party.
CRC's bankruptcy is not necessarily a problem for an investor if the assets are sufficient to pay out the liabilities and leave some residual value in excess of the current stock price.
Find out more about minimal assets process (MAP) bankruptcy as well as the various pros and cons to be aware of.
However, you'll probably end up paying more in a Chapter 13 bankruptcy than a Chapter 7 bankruptcy, where you wipe out all or most of your debts by selling some of your assets.
That is why is so important for a potential bankruptcy filer, like the senior in the illustration, to seek out the help of a bankruptcy attorney who can answer any questions he may have about protecting his assets.
Clients often associate bankruptcy with being thrown out on the street, all of his or her assets taken away, and picture printed on the front page of the newspaper announcing to the world that he or she filed for bankruptcy.
The lawyer's fees can be paid out of the bankruptcy estate (that is, whatever the bankruptcy court gets from selling your assets).
People are often very hesitant to find out about debt options, such as bankruptcy because they fear that they will be stripped of all their assets.
What if there was a shady side of the law that allowed federal bankruptcy court trustees to hide things from you for up to a year before you found out you lost your assets to your creditors after filing for bankruptcy protection?
They could also be after some of MGM Mirage's storied casino assets or simply want to ride out a bankruptcy with the bet that the bonds will recover far more than it cost to purchase them.
Filing for bankruptcy can be complex, so you'll want the assistance of a qualified attorney to guide you through the legal process and ensure you fill out all the paperwork correctly and disclose all your assets.
If Best Pets, or substantially all of its assets, were acquired, or in the unlikely event that Best Pets goes out of business or enters bankruptcy, user information would be one of the assets that is transferred or acquired by a third party.
-- Scale — Award & Dinner Programs / Hotel / Convention Center — Scope — Conferences / Trade Shows / Domestic and International Events — Complexity — Pipe & Drape / Full Install & Dismantle Custom Booths / Building Out Temporary Facilities Held senior roles in the acquisition, divestiture and asset disposition of business segments, possesses an in depth knowledge of legal contract execution and management, has firsthand knowledge of operating in a bankruptcy environment which all speak to the above average expertise, business acumen and overall skill set.
Although the provisions of Chapter 9 municipal bankruptcy technically shield the city from being forced to sell any asset, a mixture of alarmism and rational fear of a populist campaign — to find revenue wherever possible to pay pensioners and other creditors — has led a wide array of observers to wonder how much money, exactly, could be squeezed out of the encyclopedic museum's vast holdings.
If Seattle Tiny Homes, or substantially all of its assets, were acquired, or in the unlikely event that Seattle Tiny Homes goes out of business or enters bankruptcy, user information would be one of the assets that is transferred or acquired by a third party.
«Trustees in bankruptcy have an obligation to seek out and recover assets that have been concealed or put beyond the reach of the creditors by improper preferences, conveyances or settlements or by invalid security.
If you are filing Chapter 7 bankruptcy, your first task will be to find out which and how much of your assets may be exempt from liquidation.
We'll help you take stock of your assets and your debt and figure out if Chapter 7 bankruptcy is the right choice for you and your family.
In one of its last asset sales in a drawn - out bankruptcy break - up, Nortel is selling 6,000 patents and patent applications, ranging across its whole spectrum of expertise in wireless, data and optical networking, voice, Internet, semiconductors and other technologies.
He has extensive experience representing financial institutions in connection with all aspects of secured financing transactions, including asset - based transactions, structuring, documentation, work out, and restructuring and bankruptcy - particularly in the retail industry.
If you are filing Chapter 7 bankruptcy, your first task will be to find out from your Florida bankruptcy lawyer which and how much of your assets may be exempt from liquidation.
Columbus, who chaired his former firm's bankruptcy group, focuses his practice primarily on business reorganization matters and out - of - court debt restructurings in a wide range of matters for a diverse group of clients, including banks and other financial institutions, secured creditors, unsecured creditors, creditor committees, debtors, plan trustees and buyers of distressed assets.
Our lawyers have deep experience in the entire range of Chapter 11 issues that financially troubled businesses must confront, including extensive experience with pre-packaged and pre-arranged bankruptcies, out - of - court restructurings and refinancings, as well as the whole welter of tax, ERISA, labor, asset sale, corporate and environmental issues.
If Atlanta Injury Blog, or substantially all of its assets, were acquired, or in the unlikely event that Atlanta Injury Blog goes out of business or enters bankruptcy, user information would be one of the assets that is transferred or acquired by a third party.
The Importance of Disclosing All of Your Assets - Find out some of the consequences to committing bankruptcy fraud.
John E. Mitchell Mitchell handles all aspects of commercial restructurings and focuses his practice on complex bankruptcies, out - of - court workouts and sales, voluntary liquidations, receiverships, and asset sales and general insolvency related litigation.
Conceding that this may appear unfair, the Court also pointed out that the wife's equalization claim in this case was based primarily on the value of a single asset: the farm property, which happened to be exempt from bankruptcy under Manitoba legislation and therefore not accessible to creditors.
This case arose out of a CEO's looting of a corporation, resulting in the involuntary bankruptcy of the corporation and the liquidation of its assets.
a b c d e f g h i j k l m n o p q r s t u v w x y z