Free Bankruptcy Lawyer in Milwaukee, Wisconsin
Do I need a lawyer to file Bankruptcy? In contrast to those who file in…
Begbies Traynor: what’s in a name? Understanding Phoenixism and the Insolvency Law
One of the many responsibilities of a limited liability company director is to ensure that…
Expansion of Valley Mall Sears clearance sale; location can be remodeled | Company
The liquidation sale of the Sears store at the Valley Mall in Union Gap has…
The liquidation of Nottingham Castle is a ‘hard blow to the city’s economy’
The closure of Nottingham Castle following the liquidation of the trust in charge was described…
NLU Delhi, Insolvency Stage, MHRD
The Center for Transnational Commercial Law at National Law University Delhi was established in 2016…
Pension funds must adopt Bitcoin or risk insolvency
The recent UK pension fund crisis reveals the only option for these entities: to adopt…
A path to securing Equity Link debtor-in-possession financing
The primary catalyst for most Chapter 11 bankruptcy filings is an impending lack of cash.…
Fifth Circuit Holds Debtor’s Alleged Bad Faith Dealings Do Not Negate Commercial Judgment Deference in Lease Denial | Vinson & Elkins LLP
Background This matter arises out of a dispute between JC Penney Properties, Inc., as predecessor…
How FTX went from billions to $600,000 during its liquidation
FTX’s bankruptcy process has begun, led by the company’s new CEO, John Ray. After Sam…
Corporate insolvency: Creditors realized 2.43 lakh-cr via NCLT-approved resolution plans
Creditors, mainly banks and financial institutions, realized till the end of September 2022 2.43 lakh…
Provident fund contributions are not assets of the debtor company and must be paid in full: NCLT
By Yogitha S. Yogesh – On November 17, 2022 12:06 The Delhi bench of the…
George Fosu appointed CEO of Ghana Association of Restructuring and Insolvency Advisors
The Board of Directors of the Ghana Association of Restructuring and Insolvency Advisors…
Coc launches liquidation, appeal against CIRP opening becomes unsuccessful: NCLAT Delhi
The National Company Law Appeals Tribunal (“NCLAT”), main bench, consisting of Judge Anant Bijay Singh…
New Insolvency Developments in Guernsey: Guernsey Insolvency Rules
Historically, Guernsey insolvency law had limited operational provisions (compared to English law) and was largely…
Bradley Wiggins’ financial troubles continue with disputed £1m liquidation claim
Bradley Wiggins’ financial troubles show no signs of abating as he disputes a £1million claim…
Provident fund contributions are not assets of the debtor company, they must be paid in full: NCLAT Delhi
The National Company Law Appeals Tribunal (“NCLAT”), main bench, consisting of Judge Ashok Bhushan (president)…
Sebi proposes a framework to protect the interests of public shareholders in companies undergoing an insolvency resolution process
Capital market regulator Sebi on Thursday presented a proposal to protect the interests of public…
Tungsram is going to be liquidated – BBJ
Hungarian lighting company Tungsram announced on Tuesday that it would go into liquidation after failing…
Where the debtor company does not establish a gratuity fund, no gratuity is payable: NCLT Chandigarh
The National Company Law Court (“NCLT”), Chandigarh Bench, consisting of Shri Harnam Singh Thakur (Judicial…
Directors’ Duties on the Precipice of Insolvency: A Brief Look at BTI 2014 LLC vs. Sequana SA | Conyers
The UK Supreme Court (the “UKSC”) recently delivered its highly anticipated judgment in BTI 2014…
Foreclosure warning: property owned but not owned by a debtor may be subject to automatic stay – Insolvency/Bankruptcy
November 04, 2022 Ward and Smith, Pennsylvania To print this article, all you…
Clearance sales begin at bankrupt home goods retailer Altmeyer’s
Bankrupt home goods retailer Altmeyer’s kicked off a clearance sale at four of its stores…
Trade insolvency body R3 predicts disastrous months ahead
An insolvency expert says it now seems ‘inevitable’ that more businesses in the North East…
Second circuit bankruptcy protects assets that the debtor does not own
Wednesday, November 2, 2022 Creditors know that a bankruptcy petition automatically halts efforts to collect…
Wilmot Engineering goes into liquidation
Wilmot Engineering of South Boulder has gone into liquidation and expressions of interest are being…
Foreclosure warning: Property owned but not owned by a debtor may be subject to automatic stay
November 2, 2022 Creditors know that a bankruptcy petition automatically halts efforts to collect pre-petition…
Boomin goes into liquidation – AIM Group
boom the UK online property portal set up in April 2020 by former PurpleBricks founders…
Environmental protection in the event of insolvency: where does the balance lie? – Comment
Tension between protection of creditors and protection of the environmentEngland’s approach so farRecent cases in…
Government ‘does not expect public service disruption’ following UKCloud insolvency
Credit: ambercoin/Pixabay The government says its contingency plans will ensure public services are not disrupted…
Leaving Kmart, lockdowns led to liquidation
Kmart leaving Dunedin’s Meridian shopping center and Covid-19 closures led to the liquidation of a…
court finds lender tortiously interfered with debtor’s access to DIP financing | King and Spalding
On September 2, 2022, the U.S. Bankruptcy Court for the Southern District of West Virginia…
The court defers to the debtor’s commercial judgment on the rejection of the lease, even when the rejection occurs at the request of the buyer of its assets
A debtor’s decision to assume or reject enforceable contracts and unexpired leases is entitled to…
Debtor fraud in consumer debt renegotiation
Work document October 2022…
UKCloud and its parent company go into receivership • The Register
UKCloud and its parent company Virtual Infrastructure Group have been forced into liquidation, potentially ending…
Dubai court declares Arabtec bankrupt and approves liquidation of its assets
The court also appointed Ibrahim Abdul Malik and Dr. Ali Rashid Sultan Al Kitub as…
Australian gym king Tony Doherty struggling as Arnie Classic goes into liquidation
Asked about his financial difficulties, Doherty said Sunday age that postponing the event four times,…
Keep it in the family (court): successful request for transfer of insolvency proceedings
This week’s TGIF reviews the decision in Re Farley Bay (cash) [2022] VSC 604, where…
Fifth circuit: the solvent-debtor exception is alive and well – Publications
LawFlash October 19, 2022 A panel of the United…
AA may consider any claims arising from the clearance sale: NCLAT Delhi
The National Company Law Appeals Tribunal (“NCLAT”), main bench, consisting of Judge Ashok Bhushan (President),…
The Liquidation Services Market is Set to Fly High in the Coming Years
Latest Clearance Services Market industrial growth study 2022-2027. A detailed study accumulated to offer latest…
Stored Solar Enterprises, Series LLC – After Last-Minute Settlement Between Debtor, Lender Hartree, and Creditors’ Committee, Court Allows Access to $3.35 Million in New DIP Funding, Expects Final DIP Hearing of October 27 | Daily updates from bankrupt companies
October 14, 2022 – The court hearing Stored Solar Enterprises, Series LLC has issued an…
Environmental liabilities for insolvency practitioners
The amendments follow the recent highly publicized decision in The Australian Sawmilling Company Pty Ltd…
Director’s Guide to Australian Insolvency and Safe Harbor Laws
What steps should directors take when faced with corporate solvency issues? We provide a high-level…
If electricity supply is essential to preserve the value of the debtor company, dues must be paid during the CIRP: NCLAT Delhi
The National Company Law Appeals Tribunal (“NCLAT”), main bench, consisting of Judge Ashok Bhushan (President),…
UK Supreme Court Upholds Creditor Duty in Insolvency Zone: BTI v Sequana | Katten Muchin Rosenman LLP
Key points The UK Supreme Court has affirmed the duty of directors to consider the…
Offshore Liquidation vs. US Bankruptcy: A Two-Way Story (To Restructuring) – Insolvency/Bankruptcy
October 11, 2022 Foley & Lardner To print this article, all you need…
Liquidation of Three Arrows Capital: Teneo appropriates Starry Night NFT collections
No result Show all results © Copyright 2022. The Republic of Coins Are you sure…
Worcester relegated from Premiership after partial liquidation
Worcester have been relegated from the Gallagher Premiership and suspended from the Premiership Rugby Cup…
NCLT Updates: NCLT Allows RP to Resume V Hotels Insolvency Process
A bankruptcy court has authorized V Hotels’ resolution professional to resume the Corporate Insolvency Resolution…
No safe harbor in Florida if finance statement misnames debtor
As we reported here, the Eleventh Circuit recently certified to the Florida Supreme Court a…
Grubisa faces ATO liquidation bill or other ban
Grubisa is a director of the DGI Accounting and the DGI Debt Management. On August…
The Worcester Warriors will face liquidation on Wednesday; Wasps seeking to avoid administration | Rugby Union News
Worcester Warriors are suspended from all competition and face liquidation in the High Court on…
Australia’s corporate insolvency laws will come under scrutiny – Knowledge
The Restructuring & Insolvency team Oct 04, 2022 Reading time: 1 MIN A comprehensive review…
The liquidation of a French distributor of 500 stores leaves 2,600 unemployed – Sourcing Journal
A French retailer has been ordered into liquidation after a commercial court declared its proposal…
Inquiry into Australia’s business insolvency regime begins
The Parliamentary Joint Committee on Companies and Financial Services has opened an inquiry into Australia’s…
Duane Morris LLP – NJ Bankruptcy Court: Chapter 13 debtor lacks standing to sue for dismissal
In Nealy v. Ivy Holdings (In re Nealy), 623 BR 278 (Bankr. DNJ 2021), the…
UK Insolvency Service warns victims of wine investments against clawback scammers
UK Insolvency Service warns victims of wine investments against clawback scammersCredit: lightpoet/Shutterstock.com The UK Insolvency…
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After 14 years, Lehman Brothers brokerage firm ends liquidation
NEW YORK, Sept 28 (Reuters) – The liquidation of the brokerage unit of Lehman Brothers…
The importance of a well-drafted security agreement in the event of liquidation
The effect of a winding-up order is to crystallize in time the position of an…
Court orders costs against funder if liquidator’s defense fails – Insolvency/Bankruptcy
September 27, 2022 Corrs Chambers Westgarth To print this article, all you need…
Insolvency and bankruptcy: what you need to know
When you’re struggling with debt, it may feel like there’s no way…
Sequestration changes could trigger wave of bankruptcies, experts warn
On September 30, the limit to continue sequestration will be lowered from £10,000 to £5,000.…
Can the government have priority over the assets of the debtor company?
The Supreme Court, in State Tax Officer v Rainbow Papers Ltd, significantly watered down the…
The Ninth Circuit states that unsecured creditors of a solvent debtor accrue post-petition interest at the contractual or applicable state law rate if not impaired.
The Ninth Circuit Court of Appeals held that in a solvent debtor case, unsecured creditors…
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What is a liquidation?
What is a liquidation? Liquidation in finance and economics is the process of closing a…
Seismic shift in sports streaming possible with Diamond Sports liquidation
We could be seeing a seismic shift in sports streaming if Sinclair Broadcasting Group ends…
Legal experts on regulatory changes for the liquidation process
The Indian Insolvency and Bankruptcy Board has made significant changes to the liquidation process with…
Approval of resolution plan for corporate debtor does not release its guarantor – Supreme Court
The Supreme Court observed that the approval of a resolution plan concerning a debtor company…
Consequences of insolvency
I have no doubt that the technical details of licensing law are not high on…
Welspun’s offer for ABG Shipyard among the highest for liquidation assets
Even as concerned parties seek clarification on the Enforcement Directorate (ED) tying up the assets…
Debtor Company Willing to Pay Full Amount, Financial Creditor Objects, NCLAT Affirms Dismissal of Section 7 Petition
The National Company Law Appeals Tribunal (“NCLAT”), main bench, consisting of Judge Ashok Bhushan (President),…
Opening of insolvency proceedings against the personal guarantor of the debtor company – Insolvency/bankruptcy
To print this article, all you need to do is be registered or log in…
Bankruptcy Board amends regulations to reduce delays in insolvency process
In a bid to reduce delays and achieve better value, the Board of Insolvency and…
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Four KPMG Belfast insolvency managers leave for Interpath Ireland – The Irish Times
Sources say four members of KPMG Ireland’s restructuring and insolvency team in Belfast, including chief…
Divided Ninth Circuit rules that unsecured unsecured creditors of a solvent debtor may be entitled to post-petition interest at contractual or state default rates
In short The situation: Bankruptcy courts have divided on the rate of post-petition interest that…
IBBI amends regulations to increase value of stressed cos undergoing insolvency
In a move that will provide better market-related solutions for struggling businesses, watchdog IBBI has…
Divided Ninth Circuit Rules That Unsecured Creditors of a Solvent Debtor May Be Entitled to Post-Petition Interest at Contractual or State Default Rates | Jones Day
Generally, in bankruptcy law, interest ceases to accrue on a creditor’s unsecured claims once the…
Divided Ninth Circuit Rules that unsecured unsecured creditors of a solvent debtor may be entitled to post-petition interest at contract or state default rates – Insolvency / Bankruptcy
In short The situation: Bankruptcy courts have divided the interest rate after petition that uncompromised…
PR Incentive Plans offered by Indian Insolvency and Bankruptcy Board
The insolvency regulator has proposed to encourage resolution professionals to make every effort to maximize…
South African Express goes into liquidation
South African Express (EXY, Johannesburg OR Tambo) has been placed in final liquidation by the…
Olympia Sports files for bankruptcy as it works towards liquidation
Listen to the article 4 minutes This audio is generated automatically. Please let us know…
Entry into force of the Crisis and Insolvency Code
After a postponement of almost two years from the date originally planned (August 15, 2020)…
Limited Judicial Review by NCLT and NCLAT in Liquidation Proceedings: Supreme Court – Corporate and Company Law
September 13, 2022 Khaitan & Co LLP To print this article, all you…
Personal bankruptcy and business liquidation
On August 8, 2022, the Australian Financial Security Authority (AFSA), the Australian Securities and Investments…
Construction in liquidation: the overlap between the…
The Construction and Insolvency team discusses a recent decision which upheld that a statutory debt…
NCLAT Delhi Cancels Liquidation Order; Provides an additional opportunity to invite resolution plans
The National Company Law Appeals Tribunal (“NCLAT”), main bench, consisting of Judge Ashok Bhushan (president)…
Closure of three New Plymouth hotel businesses, companies in liquidation
ANDY MACDONALD/StuffEmber in Fitzroy is one of three cafes and restaurants closed due to the…
SAS receives court approval for US$700 million debtor-in-possession financing
SAS AB has just announced that the US Bankruptcy Court for the Southern District of…
Corporate Insolvency Resolution Process of a Real Estate Company – Insolvency/Bankruptcy
September 09, 2022 Defenders of SS Rana & Co. To print this article,…
Ninth Circuit Rules That Solve Debtor Exception Is Alive and Well in PG&E | Shearman & Sterling LLP
In short, the common law solvent debtor exception means that a solvent debtor must generally…
Ninth Circuit Rules That Solvent Debtor Exception Is Alive and Well in PG&E – Insolvency/Bankruptcy
To print this article, all you need to do is be registered or log in…
Non-Debtor Parents Beware: Bankruptcy Court Refuses to Extend Injunction MDL – Insolvency/Bankruptcy
September 08, 2022 Shearman & Sterling LLP To print this article, all you…
Spanish Insolvency Reform – Lexology
Introduction Law 16/2022, of September 5, amending the revised text of the Insolvency Law, as…
Ninth Circuit rules that solvent debtor exception is alive and well in pg&e
Introduction In short, the common law solvent debtor exception means that a solvent debtor must…
Bankruptcy and creditor liquidation filings will increase
The The Insolvency Service introduced changes to deposits made to initiate creditor bankruptcies and court-ordered…
Squire bolsters its global restructuring and insolvency practice with the hiring of a team in London
Squire Patton Boggs has hired partners Charlotte Møller and Monika Lorenzo-Perez in its restructuring and…
Non-Debtor Parents Beware: Bankruptcy Court Refuses to Extend MDL Injunction | Shearman & Sterling LLP
On August 26, Indiana Bankruptcy Court Judge Jeffrey J. Graham issued an order in the…
A moratorium prohibits proceedings for the collection of customs duties against a debtor company: Supreme Court – Insolvency/bankruptcy
06 September 2022 Khaitan & Co LLP To print this article, all you…
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Liquidation of Barry Sheds leaves woman with two options: ‘Living in my car or in a garage’
One of the models Barry Sheds sold before it went insolvent. Photo / suppliedThe insolvency…
Fortitude Learning, Online Certificate Course, Insolvency and Bankruptcy Code 2016
Fortitude Learning is hosting an online certificate course on the Insolvency and Bankruptcy Code, 2016…
Celsius will receive $70 million according to latest filing; liquidation may still be on the cards
To research deposits made by Kirklan & Ellis LLP, the law firm representing Celsius, revealed…
Aaron Banks ‘calls off £7m loan’ as Leave.EU goes into liquidation | Banks of Arron
Brexit campaign group Leave.EU has gone into liquidation as its controversial co-founder Arron Banks appears…
Recoveries from insolvency cases jumped up to 30.6% in April-June period this fiscal – report
zeenews.india.com understands that your privacy is important to you and we are committed to being…
Leave.EU goes into liquidation with debts over £7m
The pressure group was founded to support Nigel Farage’s campaign to leave the European Union.Documents…
Leave.EU goes into liquidation ahead of co-founder Arron Banks £7m
The organization was co-founded by Arron Banks as a support group for Nigel Farage and…
‘Liquidation as a last resort’, NCLT orders COC to reconsider rejected resolution plan : NCLT Mumbai
The National Company Law Court (“NCLT”), Mumbai Bench, consisting of Justice PN Deshmukh (Judicial Member)…
OTS being pending does not invalidate winding up order: NCLAT Delhi
The National Company Law Appellate Tribunal (“NCLAT”), Main Bench, consisting of Judge Ashok Bhushan (Presiding),…
Tether hits back at insolvency demands, EU struggles to rein in inflation
The biggest news in the cryptoverse for August 30 includes the FBI warning against using…
Debtor status, final reached, cannot be changed based on subsequent judgment: NCLAT Delhi
The National Company Law Appeals Tribunal (“NCLAT”), main bench, consisting of Judge Ashok Bhushan (President),…
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Home Décor creditor calls for liquidation as customers seek refund – WPXI
PITTSBURGH — At a hearing in Georgia bankruptcy court on Monday, Home Décor Outlets customers…
Once the bidder accepts a business debtor in a down sale, they cannot apply for conversion of the sale into a sale as a going concern: NCLT Ahmedabad
The National Company Law Court (“NCLT”), Ahmedabad Bench, consisting of Sri Madan B. Gosavi (Judicial…
Entity issuing ‘comfort letter’ is not a corporate debtor or guarantor under the law: NCLT Delhi
The National Company Law Court (“NCLT”), New Delhi Bench, consisting of Sri Prasad NHP (Judicial…
Bankruptcy clue reveals Yonkers debtor’s affairs
A Yonkers man who filed for bankruptcy due to business debt doesn’t actually have an…
Affixation of Liability: Lifting the corporate veil under India’s insolvency law
In company law, it is a well-established principle that a company has a legal existence…
[COLUMN] Trustee and Debtor Mutually Dismiss Adversary’s Claims for $1 Million —
The client’s company filed for Chapter 7 relief because it was bankrupt. There were two…
SC holds in case of conflict The Insolvency and Bankruptcy Code takes precedence over the Customs Act
Added August 27, 2022 Press Trust of India New Delhi: The Supreme Court on Friday…
Report of the Insolvency Law Committee focuses on the resolution of corporate insolvency and its effect on the liquidation process
By Rajesh Narain Gupta, Saroj Pandey The fifth report of the Insolvency Law Committee (“Committee”),…
Insolvency And Bankruptcy Code 2016, Customs Act 1962, NCLAT, Debtor Company
The Supreme Court today issued a historic decision in this case of “Sundaresh Bhatt v…
Liquidation unlikely to have funds for creditors
Dunedin building company Highland Homes has gone into liquidation and all of its assets will…
Australian automaker cites rising costs of shock clearance
Robson Cotter Insolvency Group has been named liquidator of Oracle Building Corporation, which operated as…
Banks take Rs 69 Haircut for every Rs 100 insolvency claims under IBC: Report
The banks took an average haircut of Rs 69 as losses for every Rs 100…