Sentences with phrase «liquidation bankruptcy cases»
creditors» committees, landlords, and purchasers of distressed assets as well as trustees in numerous reorganization and liquidation bankruptcy cases.
http://www.thetexaschronicles.com/ Not exact matches
So this may well be a case where the company emerges alive from bankruptcy only to file again a few years later, possibly liquidation.
In most cases, debt sits at the very top of the capital structure and in scenarios of liquidation or bankruptcy is first to be repaid with the assets of the debtor.
These transfers are done through bankruptcy proceedings, the liquidation of corporate or personal assets under distress conditions and (in the case of government debts) privatization sell offs.
That's because Leonhardt is right: Barnes & Noble going through major restructuring, bankruptcy, or, worse case, liquidation would create an enormous black hole in the book market for many communities.
In addition, the court may dismiss the case or convert the case to a liquidation case under chapter 7 of the Bankruptcy Code upon a showing that the debtor has committed fraud in connection with the case.
The seniority of preferreds applies to both the distribution of corporate earnings (as dividends) and the liquidation of proceeds in case of bankruptcy.
Chapter 7 bankruptcy is called a liquidation bankruptcy because it allows a court - appointed bankruptcy trustee to be appointed to your case, gather your nonexempt assets, and liquidate them to repay your qualifying creditors.
In Chapter 7 («Liquidation bankruptcy»), debtors will surrender their property over to a case attorney.
But instead of moving the project along, bankruptcy only made things messier: Talks among the developer, lender, contractor and the Bahamian government became contentious; Rosewood begged out of its licensing agreement with the development; the U.S. Bankruptcy Court threw out the case in September; Baha Mar laid off thousands of workers in the fall; and Bahamas court officials prepared to start a potential liquidation process inbankruptcy only made things messier: Talks among the developer, lender, contractor and the Bahamian government became contentious; Rosewood begged out of its licensing agreement with the development; the U.S. Bankruptcy Court threw out the case in September; Baha Mar laid off thousands of workers in the fall; and Bahamas court officials prepared to start a potential liquidation process inBankruptcy Court threw out the case in September; Baha Mar laid off thousands of workers in the fall; and Bahamas court officials prepared to start a potential liquidation process in November.
Dewey & LeBoeuf's liquidation plan has been approved by the bankruptcy court judge overseeing the case, paving the way for repayment of millions of dollars owed to creditors of the collapsed firm.
Chapter 7 bankruptcy is usually called «liquidation» because the bankruptcy trustees in Chapter 7 bankruptcy cases may opt to sell any non-exempt property the debtor owns.
Chapter 7 bankruptcy is often called as «liquidation» because the bankruptcy trustee in your Chapter 7 bankruptcy case has the option to liquidate, or sell, any of your non-exempt assets.
Chapter 7 bankruptcy is often called «liquidation» because in Chapter 7 bankruptcy cases, the bankruptcy trustee has the option to liquidate (sell) any non-exempt property owned by the debtor.
Our bankruptcy litigation lawyers also represent creditors in workout, liquidation and reorganization cases and have represented businesses in multiple industries throughout Southern California.
In many Chapter 7 bankruptcy cases, there is no liquidation because the person filing bankruptcy does not own any non-exempt property.
This name comes from the liquidation sale that takes place during some Chapter 7 bankruptcy cases.
In some cases Chapter 7 bankruptcy may involve liquidation of property.
Chapter 7 bankruptcy is often referred to as «liquidation» because the bankruptcy trustee in your Chapter 7 bankruptcy case may opt to liquidate (sell) any non-exempt property that you own.
Responsible for developing litigation strategy for bankruptcy case, including pursuit of fraudulent conveyance claims against former owner while negotiating consensual liquidation process.
Unfortunately, there are times when a business simply does not have sufficient income to reorganize its debt obligations, and a Chapter 7 liquidation is appropriate; the business closes its doors on the date of the bankruptcy filing, and the Chapter 7 that is appointed to the case liquidates the remaining assets to pay creditors on a pro-rata basis.
debtor obtains financial relief and undergoes a judicially supervised reorganization or liquidation of the debtor's assets for the benefit of creditors; a case under the Bankruptcy Code.»
Represented financiers, who provided venture capital to a marketing company, in successfully moving to convert the marketing company's bankruptcy case from a Chapter 11 reorganization to a Chapter 7 liquidation and in foreclosing on collateral, including the debtor's intellectual property.
Chapter 7 bankruptcy is often called «liquidation» because bankruptcy trustees in Chapter 7 bankruptcy cases have the option to sell any non-exempt property the debtor may own.
Chapter 7 bankruptcy is called «liquidation» because the bankruptcy trustees in Chapter 7 bankruptcy cases have the option to liquidate any non-exempt property that the debtor owns.
We represent parties in all facets of Chapter 11 reorganization and Chapter 7 liquidation cases under the United States Bankruptcy Code.
Michael P. Cooley has a comprehensive practice centered on matters of federal bankruptcy law, business reorganization and liquidation, and creditors» rights in bankruptcy cases and in out - of - court restructurings ranging in size from a few million dollars to several billion dollars.
Recent representations include advising on the purchase, sale and financing of bankruptcy trade claims in several major Chapter 11 Cases, including Lehman Brothers, AMR Corporation, the Dewey insolvency, and the MF Global and Icelandic bank liquidations.
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.
(b) before or after the action is commenced, the co-operative goes into liquidation, is ordered to be wound up or makes an authorized assignment under the Bankruptcy and Insolvency Act (Canada), or a receiving order under that Act is made against it, and, in any such case, the claim for the debt has been proved.
(b) before or after the action is commenced, the corporation goes into liquidation, is ordered to be wound up or makes an authorized assignment under the Bankruptcy and Insolvency Act (Canada), or a receiving order under that Act is made against it, and, in any such case, the claim for the debt has been proved.
The Chinese courts accepted 8984 bankruptcy & compulsory liquidation cases in 2017 (through 21 December), heard by 97 bankruptcy divisions (up from 6 in 2016, a consequence of a 2016 SPC notice, described here).