Sentences with phrase «general creditor claims»
Representation of the Trustee in the SIPA liquidation of Lehman Brothers Inc. in numerous general creditor claims litigations
https://www.hugheshubbard.com/ Not exact matches
A statement released by the Registrar General's Department and copied to Citi Business News said, «There will be payment of dividends to unsecured creditors of DKM Diamond Microfinance Limited (hereinafter called «DKM») whose claims have been agreed and validated...
If the dividend is set at 5 %, all general unsecured creditors that file claims will receive 5 % of the amount they are owed.
Dividend: The percentage of claims that will get paid to general unsecured creditors by a bankruptcy trustee on a pro rata basis.
The next deadline that comes up on the radar is the proof of claim deadline for the general unsecured creditors such as credit cards.
Generally, a plan will classify claim holders as secured creditors, unsecured creditors entitled to priority, general unsecured creditors, and equity security holders.
If you are a California resident, you waive California Civil Code Section 1542, which says: «A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which, if known by him must have materially affected his settlement with the debtor.»
Sound procedures are in place for c ontracting out of services and purchase of goods, project based staff time monitoring, expense claims and recording of general and project related costs, financial closing of projects and programmes, treasury and debtor / creditor management, annual audits.
Thus, the creditors of publicly - owned establishments are necessarily in a more favourable situation than creditors of persons coming within the scope of [general French bankruptcy law] which, in the event of insufficient assets on the part of the debtor person or entity, may see their claim cancelled.
This decision emphasizes the importance of distinguishing between claims of individual creditors and claims brought for the benefit of the general body of creditors.
Assignment for the General Benefit of Creditors Bankruptcy Order Demand for Repossession of Goods General Sender Identification Notice of Disallowance of Claim, Right to Priority or Security or Notice of Valuation of Claim Notice of Examination before the Official Receiver Notice of Intended Opposition to Discharge of Bankrupt Notice of Intention to Enforce a Security Proof of Claim Proxy Voting Letter
Judge Martin Glenn yesterday (27 Febraury) approved the plan, which will see secured creditors — which are collectively owed $ 262m (# 173m)-- receive between 47 to 77 cents on the dollar, while general unsecured creditors are expected to receive between 5 and 14 cents per dollar claimed.
Leroy (Ted) Trucking Ltd. (Bankrupt), Re 2012 BCCA 511 Bankruptcy — Creditors — General — Claims — General — Expungement or reduction of proof of claim Ted LeRoy Trucking Ltd. made an assignment into bankruptcy.
Stokes Carmichael & Ernst LLP is an Atlanta - based general civil litigation firm with experience in business law, creditor rights and collection, employment and labor law, business litigation, securities arbitration and financial services litigation, personal injury claim, franchise law and technology law.
General Unsecured Creditors are scheduled to receive not less than 2 % of the face value of their claims.
If you are a California resident, you hereby waive California Civil Code § 1542, which says: «A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor.»
These e-contracts then generate tokens that function as general underlying data for said records, which could be anything from equities and creditor's claims to bills and currencies.