Sentences with phrase «during the bankruptcy proceedings»

During the bankruptcy proceedings, iHeartMedia will continue operating normally, the company said.

During bankruptcy proceedings in 2014, college prep company ConnectEDU considered selling personal information of millions of students and parents.

A group of lenders led by J.P. Morgan Chase had extended the DIP loan to fund its operations during the bankruptcy proceedings.

At that time, Howard Hughes had spun off from Chicago - based General Growth Properties during its bankruptcy proceedings and inherited some of the company's real estate, including the Seaport.

The decision follows weeks of uncertainty about the future of the plantafter General Motors's withdrawal from the joint venture during its bankruptcy proceedings earlier this year.

During bankruptcy proceedings, a judge may issue a «cramdown» which lowers the amount of the debt that you owe to a creditor.

A judge grants a discharge during bankruptcy proceedings and rids the consumer of debt.

Church of Scientology attorney Steven Hayes bought rights to the Cult Awareness Network assets during its bankruptcy proceedings.

Have you ever wondered how courts find out about your expenses and income during bankruptcy proceedings?

For example, if you owe $ 12,000 on your car, but it's only worth $ 9,000, you can opt to surrender the vehicle during the bankruptcy proceedings, as approved by the court.

In general, the same holds true for other assets that you still owe money on during bankruptcy proceedings, such as your car.

Technically, when you reaffirm an asset during bankruptcy proceedings, you are giving the creditor a waiver on bankruptcy discharge.

Even if you intend to keep your property and it is exempt from being sold during the bankruptcy proceedings (if it is your primary residence, for example) the lender can take the property and sell it to recoup some of the money you owe if you don't keep up with your payments.

Remember that student loans are typically not eligible for discharge during bankruptcy proceedings.

In addition, Congress added another exception to the automatic stay provisions in 1994, requiring debtors with a secured loan on a single real estate asset to file a reasonable payment plan or make reasonable interest payments based on the fair market rate on the value of the creditor's real estate during the bankruptcy proceedings.

Wait for bankruptcy discharge before applying for credit — Only in a few circumstances will new credit be allowed during bankruptcy proceedings... (See Discharge)

AMR has turned to four law firms — Weil, Gotshal & Manges, Debevoise & Plimpton, Paul Hastings, and the Groom Law Group — to advise it during bankruptcy proceedings.

This type of financial product is exempt from assets during bankruptcy proceedings.

Not exact matches

The main «drama» during the year came from the Detroit bankruptcy proceedings and wild swings of prices of bonds issued by Puerto Rico.

Outside of the impact of bankruptcy felt during proceedings, bankruptcy and debt solutions can impact your credit score, but not as largely as you might think.

If a homeowner can sell the property during this time, he or she may be able to avoid foreclosure proceedings, and its negative effect on their credit history and future prospects (see Getting a Mortgage After Bankruptcy and Foreclosure).

Applying the common - law «interest stops rule» normally applied in Bankruptcy and Insolvency Act proceedings, Justice Newbould ruled that post-filing interest was not payable on the Crossover Bonds.5 Justice Newbould began his reasons with reference to the «fundamental tenet of insolvency law that all debts shall be pari passu and all unsecured creditors [shall] receive equal treatment».6 Justice Newbould found that the status quo with respect to unsecured creditors should be maintained as at the date of Nortel's filing and that to permit certain claims to grow disproportionately to others during the CCAA stay period would violate the status quo.

What ticked the judge off was Flury's claim that a competitor had sued him during a bankruptcy court's stay of all proceedings, when in fact Flury had sued the competitor.

During ancillary relief proceedings, the respondent procures a bankruptcy order on his own petition as a ruse, does the applicant have the ability to apply for an annulment?

(i) any bankruptcy, insolvency or receivership proceedings to which the business has been subject during the period when the applicant was an owner, director, officer or partner, including

(f) any business that the licensee owns, or of which the licensee has been a director, officer or partner at any time during the past 2 years, is the subject of any bankruptcy, insolvency or receivership proceedings, including