4th Petters defendant may enter guilty plea; An alleged money launderer is given a new charge hinting of a plea bargain. Seven more Petters entities filed for bankruptcy.(BUSINESS)Browning, DanFedor, Liz
Two weeks later, on March 13, 1987, Telefacs filed a Chapter 11 bankruptcy petition. The petition included claims against West for unpaid invoices from the GSA Project, and listed East as a creditor to whom Telefacs owed approximately $400,000. When East contacted Telefacs about payment, Tel...
For instance‚ bankruptcy courts may only heart bankruptcy cases. In personal jurisdiction cases‚ the court typically has the power over a given defendant or item of property thus restricted by certain limitations either which may be statutory or constitutional. Another distinction between subject ...
Accordingly, she returned to Buyer a check for $190,302.70. Id. at 143. Buyer contended that it was owed even more money for the closing adjustments. But Buyer had defaulted on payments owed Seller and had filed for bankruptcy before the closing adjustments dispute could be resolved. Because...
Adversary No. 07-1148. United States Bankruptcy Court, D. Massachusetts. September 6, 2007. Page 27Summary Judgment. He specifically stated that the Debtor had not filed amended tax returns for 1995 and 1996 with the Commonwealth.Leonard UllianThe Law Office Of UllianBraintreefor Debtor...
Roughly ten months later, in June 1974, CNW was adjudged bankrupt and the trustee in bankruptcy filed a complaint to invalidate transfers by CNW to appellants. Appellants filed five proofs of claim in bankruptcy court before the trustee's complaint was filed. The bankruptcy judge consolidated ...
CNB then wrote Houston asking it to pay Douglas in accordance with its agreement to take care of USA's indebtedness to Douglas. Houston, however, refused and on March 5, 2001, filed for bankruptcy. Thereafter, CNB again debited Douglas's account for $216,000. On January 14, 2002, ...
filed a petition in bankruptcy in the Southern District of Florida and argues that further proceedings with respect to the motion should be held in abeyance pending the lifting of the automatic bankruptcy stay provided by the Bankruptcy Code, see 11 U.S.C. § 362(a) (1) (1988). We ...
" 'Because the [Pioneer ] Court's analysis of what constitutes "excusable neglect" in the bankruptcy context rested on the plain meaning of the terms, there is no reason that the meaning would be different in the context of Fed. R. App. P. 4(a) (5).' " Reynolds v. Wagner, 55 ...
Special circumstances unique to bankruptcy proceedings justified this rejection in McAuley. We held that suspension "until six months after the date of the first creditors meeting, and for an additional six months thereafter as provided by section 6503(b)" accomplished the purpose of the section ...