He represents corporate and
other business debtors and debtors - in - possession, creditors, official committees, trustees, asset buyers, and other parties in commercial bankruptcy proceedings in United States bankruptcy courts across numerous districts, including Massachusetts, New York, Delaware, Florida, Virginia, and Texas.
Not exact matches
The reason why most early financial contracts with traders and
other entrepreneurs took the form of debt rather than equity was asymmetric information: The creditor could not easily discover exactly how profitable the
debtor's
business was.
The final regulations in the 2004 bulletin clarifies that a debt obligation acquired from the
debtor or any person
other than the
debtor is subject to reporting under section 6050P (c)(2)(D) if the owner of the obligation (debt buyer) is engaged in a significant trade or
business of lending money.
f) Any
other provisions or disclosures that the director determines are necessary for the protection of the
debtor and the proper conduct of
business by a licensee.
There's chapter 11, which
businesses and wealthy folks use to reorganize debts and stay afloat, and there's chapter 13, which lets the
debtor keep their property as they repay what they owe, not to mention
other chapters for fishermen and foreign debts.
Why should a small
business debtor file for bankruptcy protection under a chapter 11 instead of some
other type of bankruptcy?
The term «single asset real estate» is defined as «a single property or project,
other than residential real property with fewer than four residential units, which generates substantially all of the gross income of a
debtor who is not a family farmer and on which no substantial
business is being conducted by a
debtor other than the
business of operating the real property and activities incidental.»
Raman practices in the areas of civil litigation including estate, commercial, real estate,
debtor & creditor matters,
business and shareholder disputes including oppression remedies, corporate governance disputes in not - for - profit corporations, and
other areas in litigation.
As such, it is only by developing a realistic, yet flexible,
business plan along with the appropriate reporting mechanisms, can a
debtor even expect to make it through the bankruptcy gauntlet and come out the
other side as a viable
business enterprise.
This information is necessary to formulate even the most rudimentary
business plan, which must be constantly updated and explained to the bankruptcy court and the
other parties - in - interest in the
debtor's case, such as its secured creditors and the Office of the United States Trustee.
David currently practices in the areas of commercial litigation, civil litigation, class actions,
business disputes, real estate litigation, construction litigation, estate litigation,
debtor & creditor litigation, academic and professional misconduct, and
other areas.
James represents creditors,
debtors, secured, lenders, mortgage companies, landlords, franchisors, bankruptcy trustees and
other business enterprises in chapter 7 and chapter 11 bankruptcy cases and in assignment for the benefit of creditors cases.
His practice focuses on protecting the rights of creditors, protecting the rights of
debtors, representing creditors,
debtors, equity holders, trustees, receivers, purchasers of assets, and
other interested parties in bankruptcy proceedings, complex
business litigation, and tort litigation.
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.
This directory was built to offer
debtors, both individuals and
businesses, with access to helpful information and qualified legal professionals who handle bankruptcy and various
other debt - related matters.
This information is necessary to formulate even the most rudimentary
business plan, which must be constantly updated and explained to the bankruptcy court and the
other parties - in - interest in the
debtor's case, such as its secured creditors and the Office of the United States Trustee.