• Labour Not Subject to Higher Threshold than
Other Creditors in Insolvency Proceedings: TCT Logistics (September 2006)
Joel Glucksman is an experienced civil and bankruptcy litigator specializing in the representation of secured lenders and
other creditors in complex suits and bankruptcies.
Additionally, Mr. Noskow represents debtors, lenders and
other creditors in all aspects of Chapter 11 bankruptcies, including reorganizations, liquidations, debtor - in - possession and exit financings, cash collateral matters and asset sales.
A motion by the lawyer representing the pensioners to wind up the Sears Canada pension fund was postponed on Tuesday, but Ontario Superior Court Justice Glenn Hainey also ordered that
other creditors in the company's insolvency are not to be paid until the issue is addressed.
Mr. Huben and Mr. Branch have represented landlords, center owners, and
other creditors in numerous high - profile retail Chapter 11 bankruptcy matters across the country, as well as in state and federal landlord / tenant litigation.
In this instance Sunberry's interests did not outweigh the interests of
the other creditors in ensuring that Newco's occupation continued: while Newco continued in occupation, the rent under Innovate's lease was being paid and the administrator could continue to recover book debts on behalf of Innovate's other creditors.
The Sears Canada Plan is currently underfunded by about $ 270 million, and Ontario Superior Court Justice Glenn Hainey has ordered that
no other creditors in the company's insolvency are to be paid until the issue is addressed.
He represents banks and
other creditors in creditors» rights and bankruptcy proceedings, including foreclosures, replevins and bankruptcy representation.
From assisting mid-sized vendors in recovering arrears, to consulting international public companies in purchasing assets from a bankruptcy matter, to working with entertainment based and
other creditors in complex claims litigation in insolvency matters, ADLI Law Group assists clients to explore opportunities or avoid liabilities that arise in bankruptcy proceedings.
(e) Interpretations, opinions, and approvals shall protect, to the extent provided in subsections (c) and (d), as applicable, both the creditor at whose request they were issued and
any other creditor in a materially like circumstance.
Not exact matches
The state government will introduce legislation into parliament tomorrow designed to finalise the long - running Bell Group legal case,
in which the Insurance Commission of WA and
other creditors are fighting over a $ 1.7 billion payout.
On the
other side, giving
in to the
creditors» pressure would make Tsipras look amateurish at best, and at worst, further undermine his credibility and standing domestically,» Wolfgango Piccoli, co-president of Teneo Intelligence said
in a note on Wednesday.
Stringer and the
other attorneys for the estate have bristled at the intervention of the
creditors in the probate court.
In other words, instead of skipping a handful of payments or defaulting on a loan, contact your
creditors and lenders as soon as a problem arises and negotiate some form of resolution that's within your financial means.
Commodities trader Noble Group said it has finalised a binding agreement with a group of senior
creditors holding 46 percent of its debt, and was
in talks with
others, on a restructuring deal crucial to its survival.
It's true that while Wind has had its struggles, the
other two new entrants are
in creditor protection.
Judge Klein's decision to overlook the disparate treatment accorded pensioners and capital - market
creditors disappointed municipal - bond investors, who had hoped for better treatment
in the wake of his Oct. 1 decision that pensions deserved no more protection than
other contractual obligations.
And, he says, Hunter and his army of retail investors did nothing that hasn't been repeatedly done by investment bankers, bondholders and hedge funds during
other CCAAs, such as the restructuring of Hamilton steelmaker Stelco, where self - serving parties threatened the future of thousands of workers
in order to turn a profit after buying voting power from scared
creditors.
Besides lenders and
creditors, several
other parties may be interested
in reviewing a business credit report.
On the
other hand, a high debt - to - equity ratio translates into higher risk for shareholders since
creditors are always first
in line for compensation should the company go bankrupt.
Greece's political leaders, more accustomed to screaming abuse at each
other in parliament, issued an unprecedented joint statement after a day of talks at the president's office backing efforts to reach a deal with
creditors.
What's left of any money from that sale would go to priority
creditors, such as staff owed back pay and possibly students who paid tuition
in advance, and then
other unsecured
creditors.
Headquartered
in Birmingham, Michigan, with professionals
in the Chicago and New York markets, Amherst Partners provides middle - market business, investors, commercial lenders,
creditors, and
other clients with exceptional corporate finance and restructuring advisory services.
There are many
other ways of allocating a significant portion of the debt - servicing cost to unwilling agents
in the economic equivalent of debt forgiveness: to
creditors when debt is repudiated, to workers when wages are suppressed
in order to increase net revenues for debt servicing, to small business owners when assets are expropriated to pay down debt, and so on.
In sum, the public corporation succeeded in large part because it provides a hierarchical decision - making structure well suited to the problem of operating a large business enterprise with numerous employees, managers, shareholders, creditors, and other input
In sum, the public corporation succeeded
in large part because it provides a hierarchical decision - making structure well suited to the problem of operating a large business enterprise with numerous employees, managers, shareholders, creditors, and other input
in large part because it provides a hierarchical decision - making structure well suited to the problem of operating a large business enterprise with numerous employees, managers, shareholders,
creditors, and
other inputs.
Your business credit history — the credit accounts your business has obtained
in the past and your payment history with those lenders or
other creditors
In reality the assumption may not be correct but that is how credit companies and
other creditors view or interpret the situation.
Tokens or «numeric characters» referred to
in the document acquired for the purpose of exercising the rights certified by the marker» will be classified
in terms of how credit «calculations with different debtors and
creditors» and «
other income and expenses».
To increase flexibility with
creditors, Neiman Marcus announced
in March it had named subsidiaries holding online store MyTheresa and some of its real estate «unrestricted,» making them not subject to the same rules under credit agreements as
other units of the company.
It would not be included
in your estate for
other purposes, such as paying
creditors, unless you named the estate as beneficiary or all your beneficiaries passed away.
On the
other hand, according to the Measures for the Administration of Securities Investor Protection Fund 《 證券投資者保護基金管理辦法 》, the functions of China Securities Investor Protection Fund (CSIPF, 中國投資者保護基金) include «indemnifying
creditors as required by China's relevant policies
in case a securities company is subjected to compulsory regulatory measures including dissolution, closure, bankruptcy and administrative takeover by China Securities Regulatory Commission (CSRC) and custodian operation» or «
other functions approved by the State Council».
The
other creditors, particularly Germany, don't want to commit to debt relief now, particularly not
in advance of the German elections coming up.
Examples of these risks, uncertainties and
other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines
in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and
other international events; the risks and increased costs associated with operating internationally; our expansion into and investments
in new markets; breaches
in data security or
other disturbances to our information technology and
other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes
in fuel prices and / or
other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions
in the agreements governing our indebtedness that limit our flexibility
in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our
creditors to accelerate the repayment of our indebtedness; volatility and disruptions
in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations
in foreign currency exchange rates; overcapacity
in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain
other services; delays
in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases
in the price of, or major changes or reduction
in, commercial airline services; seasonal variations
in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments
in technology; amendments to our collective bargaining agreements for crew members and
other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes
in which we operate; and
other factors set forth under «Risk Factors»
in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
There stands the
creditor, covered with shame, the poor debtor's outer garment
in the one hand, his undergarment
in the
other.
«Christianity is not being attack the devil is a liar / people today will sue by association, irs is coming after me
in 2011 after i left my business partner
in 2008 he did nt pay them or
others creditors they do nt care if you do nt owe it they want the money i own another company, a person give me a bad check for 100.00 he got a attoney
in n / c trying to sue me for 4000.00 there was no voilation, but everyone i spoke to said it would be cheaper to offer and settlement / he owed the debt he bouced the check, why should i pay, so its about the mighty green but all liars will have their part
in the lake of fire, he without sin cast the frist stone
Funds management and construction group Pindan has confirmed it is behind
in payments to subcontractors and
other creditors.
An agreement has already been reached with the
creditors other than HMRC who have been named
in the case, which relates to a reported # 7.5 m Vat bill.
The 1980s African debt crisis was created by a variety of factors (much more complex than the commonly attributed «poor African leadership» theory), including irresponsible over-lending by private
creditors seeking high returns, the tendency towards one product commodity economies, the targeting of developing countries for high interest loans, the global monetary shock of 1979 - 81, trade protectionism
in Northern countries, the depreciation of the US dollar, the prolonged drought of 1981 - 84, among
other factors (see African Debt Revisited).
On the
other hand, however, PM Samaras and his negotiators did present
creditors substantiated counterarguments
in response to nonsensical austerity measures that would only deepen the recession (cross-cutting public sector job and pension cuts).
Despite all the progress realized by Samaras» government, Greece's
creditors demanded close to $ 3 billion
in new austerity measures including, among
other things, increases
in VAT on hotel services up to 13 % (from 6.5 %).
Greeks have witnessed discussions shift from $ 1 billion
in additional measures (last proposal put forth by the New Democracy - PASOK government following demands from
creditors), to over $ 10 billion
in additional measures last month, to today's «Greekment» according to which Greece will undergo harsher austerity (for next three years) than at any
other point since the crisis began.
«These regulations affirm that all transgender individuals are protected under the State's Human Rights Law, and all public and private employers, housing providers, businesses,
creditors and
others should know that discrimination against transgender persons is unlawful and will not be tolerated anywhere
in the State of New York,» read the press release announcing the action.
In a much - anticipated decision this morning, U.S. Bankruptcy Judge Steven Rhodes ruled against a group of labor unions and
other creditors and allowed the City of Detroit to file for municipal Chapter IX bankruptcy.
You authorize the obtaining of a consumer report to be used
in evaluating this application and the obtaining and exchanging of credit information from and with
other creditors and consumer reporting agencies.
Your work is tied up as part of the company's IP, and you'll have to wait like every
other unsecured
creditor to see if it's going to be sold off (and to whom)
in bankruptcy court.
However, some of your
creditors may have a «security interest»
in your home, automobile or
other personal property.
As with
other debts based on a written contract,
creditors have 10 years to file such lawsuits
in Missouri.
In reality the assumption may not be correct but that is how credit companies and
other creditors view or interpret the situation.
Bankruptcy will not normally wipe out: (1) money owed for child support or alimony, fines, and some taxes; (2) debts not listed on your bankruptcy petition; (3) loans you got by knowingly giving false information to a
creditor, who reasonably relied on it
in making you the loan; (4) debts resulting from «willful and malicious» harm; (5) student loans owed to a school or government body, except if the court decides that payment would be an undue hardship; (6) mortgages and
other liens which are not paid
in the bankruptcy case (but bankruptcy will wipe out your obligation to pay any additional money if the property is taken back by the
creditor).
In addition, creditors can report that the account is in a DMP if they accept a reduced payment or make other concessions for yo
In addition,
creditors can report that the account is
in a DMP if they accept a reduced payment or make other concessions for yo
in a DMP if they accept a reduced payment or make
other concessions for you.