Sentences with phrase «debt in the reorganization»

It plans to shed $ 140 million of secured debt in the reorganization.

Not exact matches

The company, which is controlled by private equity firm Cerberus Capital Management, will shed some $ 700 million in debt in the prepackaged reorganization that will be filed soon with federal bankruptcy court in Wilmington, Del..

He advises clients in a broad range of corporate and commercial matters, including debt and equity financings, private equity and venture capital transactions, mergers and acquisitions, corporate governance, shareholder arrangements, corporate reorganizations and public markets matters.

As part of the reorganization, Tops is hoping convince the investors who own most of its $ 724 million in debt to swap it for stock.

If it sounds like Mayor Luke Bronin is talking more boldly about a bankruptcy filing these days, it's because the numbers don't point to much hope of avoiding a reorganization of the city's debts and liabilities, either in or out of bankruptcy...

And what I get concerned about is that this massive disruption could potentially result in reorganizations of a lot of industries, and if you're in the debt side of that transaction, and something has been reorganized, generally you need to be really concerned about protecting your interests over time.

During that period, our rulers gave us an overloaded health service, drowning in debt, and in thrall to constant expensive and pointless reorganizations.

The company has since restructured to cut its massive debt and re-emerged as Yellow Pages Ltd. — but the original shareholders of Yellow Pages Income Fund got nothing in the reorganization.

«At a time where Americans are saddled with $ 1.5 trillion in student loan debt, the last thing we should do is tear away critical support,» Attorney General Xavier Becerra of California, whose office is cracking down on lenders, said in a tweet after word of the reorganization leaked.

It could be that pastors, more authorities on the bible than bankruptcy codes, do not necessarily understand the dynamics of chapter 11 bankruptcy which, more often than not, results in an administrative reorganization and creation of a debt repayment schedule jointly agreed upon by the church, creditors and the courts.

The Fund may invest in securities of issuers that are, or will be, involved in reorganizations, financial restructurings, or bankruptcy (also known as «distressed debt»).

Technically, yes, you can file for bankruptcy regardless of how little debt you owe, as there is not a legal minimum debt requirement in the bankruptcy law for either a Chapter 7 (i.e., debt liquidation) or Chapter 13 (i.e., debt reorganization) bankruptcy.

Chapter 13 bankruptcy: This type of bankruptcy is often referred to as «reorganization», and it involves a repayment plan that sets forth with specificity the manner in which debtors will settle their debts over three to five years.

50 Cent filed for Chapter 11 reorganization in 2015, with debts of $ 36 million and assets of less than $ 20 million.

In New York, you can file under chapter 7 (also known as liquidation bankruptcy), chapter 9 (only for municipalities and governmental units), Chapter 12 (only for those who qualify as family farmers), chapter 13 (debt repayment chapter) and Chapter 11 (reorganization chapter available to businesses and individuals who have substantial assets or income).

However, in a Chapter 13 case, you will propose a plan of reorganization to the court and to your creditors, stating how you intend to pay your debts over a 3 - year or 5 - year term.

In the event of the dissolution of the Club, other than for purpose of reorganization, whether voluntary or involuntary or by operation of law, none of the property of the Club nor any proceeds thereof, nor any assets of the Club shall be distributed to any members of the Club, but after payment of the debts of the Club, its property and assets shall be given to a charitable organization for the benefit of dogs, which organization shall be selected by the Board of Governors.

In the event of the dissolution of the Club, other than for purposes of reorganization, whether voluntary or involuntary or by operation of law, none of the property of the Club nor any proceeds thereof nor any assets of the Club shall be distributed to any members of the Club but after payment of debts of the Club, its property and assets shall be given to a charitable organization for the benefit of dogs selected by the Board of Directors.

In the event of the dissolution of the Club, voluntary or involuntary by operation of law, none of the property of the Club nor any proceeds thereof, nor any assets of the Club shall be distributed to any members of the Club; but after payment of the debts of the Club, except in the case of a dissolution for the purpose of all immediate reorganization of the Club, the Board of Directors shall give the property and assets of the Club to one or more charitable organizations within the United States for the benefit of dogIn the event of the dissolution of the Club, voluntary or involuntary by operation of law, none of the property of the Club nor any proceeds thereof, nor any assets of the Club shall be distributed to any members of the Club; but after payment of the debts of the Club, except in the case of a dissolution for the purpose of all immediate reorganization of the Club, the Board of Directors shall give the property and assets of the Club to one or more charitable organizations within the United States for the benefit of dogin the case of a dissolution for the purpose of all immediate reorganization of the Club, the Board of Directors shall give the property and assets of the Club to one or more charitable organizations within the United States for the benefit of dogs.

In the event of the dissolution of the Society, other than for purposes of reorganization, whether voluntary or involuntary, or by operation of law, none of the property of the Society, nor any proceeds thereof, nor any assets of the Society shall be distributed to any members of the Society, but after payment of the debts of the Society, its property and assets shall be given to a charitable organization for the benefit of dogs, selected by the Board of Directors.

In the event of the dissolution of the Club, other than for purposes of reorganization, whether voluntary or involuntary or by operation of law, none of the property of the Club nor any proceeds thereof, nor any assets of the Club, shall be distributed to any members of the Club, but after payment of the debts of the Club, its property and assets shall be given to a charitable organization for the benefit of dogs selected by the Board.

In his plan of reorganization, concerning four student loans totaling approximately $ 13,250, he «proposed to repay only the principal on that debt stating that the remainder, the accrued interest, would be discharged once Espinosa repaid the principal.»

Our Creditor's Rights practice extends to the following areas of Chapter 11, 13, and 7 matters: debt workouts, cram - down litigation, litigation of a wide array of adversary proceedings including Automatic Stay violations, Petroleum Marketing Practices Act («PMPA») violations, collections, evictions, recovery of collateral, injunctions, Declaratory Judgments, and the representation of creditors and other interested parties such as stock holders, corporate officers, creditors» committees, landlords, and tenants in bankruptcy matters including creditor discharge litigation, objections to proposed plans of reorganization, and bankruptcy preference defense.

US domestic and international mergers and acquisitions, divestitures, reorganizations, spin - offs, joint ventures, and strategic alliances, as well as equity and debt securities offerings, are among the areas in which we offer tax counseling.

Attorney James H. Wilson, Jr., also has related experience in debt modification agreements, workout plans, collections and repossessions, creditors» rights matters, the discharge of debts, foreclosures, garnishments, reorganizations and restructuring.

She has advised local and international clients on establishing and operating businesses in Thailand, patent and trademark registration, debt restructuring, business reorganization, debt recovery, funds repatriation, joint ventures, mergers, acquisitions and disposal of distressed debts.

For a Majority of the Court of Appeal (judgment was delivered from the bench), it is consistent with the public interest that they be allowed to put old obligations behind them, and get on with their economic lives: «If participation in that type of corporate reorganization had the effect of reviving statute barred debts, no such re-organizations would be practical, and the whole purpose of the limitation statute would be defeated.»

Chapter 13 bankruptcy is often called «reorganization» because it allows the court to order and secure your debts in a 3 - 5 year repayment plan.

Chapter 13 bankruptcy is also known as «reorganization» bankruptcy because it allows filers to reorganize their debts in order to get current on past - due balances.

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.

Sometimes known as «reorganization,» Chapter 13 bankruptcy allows filers to reorganize their debts in a 3 - 5 year repayment plan.

Our corporate and commercial law practice engages our lawyers in a wide variety of financial and commercial matters including acquisitions, dispositions, mergers, arrangements, loan transactions, debt restructurings, financings, contractual arrangements, reorganizations and bankruptcies.

Lawyers in the group handle all aspects of insolvency, including restructuring, workouts, refinancing of debt, creditor - debtor litigation, reorganizations, and liquidations both in and outside of bankruptcy.

Served as lead litigation partner for the debtors in the successful reorganization of an Arizona - based agricultural company with US$ 300 million in debt.

Phil has also served as a member of litigation teams in the restructuring of a nationally recognized truck rental company, the successful reorganization of the two largest merchant power plants in the United States with US$ 3 billion in debt and equity interests, and the successful reorganization of an Ohio steel company.

She also works with management teams and boards of directors to develop strategic plans and timing for critical decisions in all aspects of their businesses, including mergers and acquisitions; proxy contests; going - private transactions; reorganizations; debt, equity and rights offerings; and other securities and capital markets transactions.

Scott has extensive experience representing issuers and underwriters in various complex matters, including domestic and cross-border public / private equity and debt financings, M&A, and other business reorganizations and restructurings.

«in addition to the clawback issue, there are other important one - time but substantial hits: (1) a partner would lose any capital account, (2) a partner may have to pay income taxes on any partnership debt that is forgiven as part of the reorganization (the cancellation of indebtedness income flow through the partnership to the individual partners) and (3) the partner may lose entirely benefits under certain types of retirement plans.

Representing financial institutions in complex workouts, debt restructurings and reorganizations.

As head of the firm's Business Law Group, Paul Salvatore is concentrated in the areas of mergers and acquisitions, leveraged buy - outs, debt, private placement and venture capital financings, loan workouts and restructurings and corporate reorganizations.

Modern bankruptcy laws in the U.S. (the Chandler Act of 1938) emphasize the reorganization of debts.

Mr. Nolan was a member of the senior management team that led GGP's reorganization and emergence from bankruptcy, which included the restructuring of $ 15.0 billion in project - level debt, payment in full of all of GGP's pre-petition creditors and the securing of $ 6.8 billion in equity commitments.

As part of its reorganization, General Growth Properties has been able to restructure about $ 15 billion in property - level debt.