Sentences with phrase «distressed debt claims»
One of Wall Street's biggest investors in distressed debt claims a prominent New York gallery and artist Jeff Koons are cheating customers by failing to deliver works worth...
http://www.crainsnewyork.com/ Not exact matches
The Federal Trade Commission asked a federal court to shut down a scam that targeted financially distressed Americans by pitching a phony debt relief and credit repair program, and by falsely claiming the program was provided and funded by the federal government and endorsed by President Obama.
On the other hand, from the point of view of a distressed bond buyer seeking to reorganize the company, the market price of the debt obligation (particularly as a percentage of claim) becomes the key number.
Because the Credit Counseling organizations have structured Debt management programs of credit counseling and are built around education, support and creative solutions that enable the distressed consumer to pay back the loan obligation and might actually help improve over time the consumers credit rating they claim it is a form of credit repair.
I think Jim's definition of financial distress as too many dollars of debt is unduly narrow and that it is only by using that definition can be claim to debunk the relationship between fringe banking and financial distress — primarily by arguing that because these are small dollar loans they can't really be much of a problem.
«Distressed Investing: European Bank Debt and Claims — Before You Say «Done,»» SRZ Conference, New York, November 2011
The financial distress team deals with all aspects of capital and debt restructuring, as well as corporate and individual insolvencies and associated claims (such as voidable preferences and reckless and fraudulent trading).
Mr. Moreno has successfully represented clients in claims involving breach of contract, unfair business practices, false advertising, fraud, breach of fiduciary duty, negligence, wrongful foreclosure, unfair debt collection, unfair credit reporting, unjust enrichment, misappropriation of trade secrets, quiet title, emotional distress, and receiverships, among others.