MN has filed for Chapter 7 bankruptcy and is closing their business effective immediately. We are heartbroken for the franchisee's teammates and the local film communities, however, we are working as quickly as possible to get Alamo Drafthouse Cinema back up and running in these cit...
In Chapter 7 bankruptcy, your "estate" consists of all assets that are subject to seizure by the court-appointed trustee, who will sell these assets to repay your creditors. In a Chapter 13, the trustee sets up a repayment schedule, which will allow you to discharge your debts after paying...
and Texas—primarily use nonjudicial foreclosure, also calledpower of sale. This type of foreclosure doesn’t require the lender to file a formal lawsuit—in fact, it does not go through the court system at all unless the homeowner sues the lender to try to stop the proceeding.5 ...
Furthermore, in the event of bankruptcy of such a custodian, our digital assets held by that third party could, depending on the manner in which such assets are held, be considered the property of the bankruptcy estate and we could be treated as a general unsecured creditor in bankruptcy ...
johnson & johnson did not immediately respond to requests for comment. j&j executed a texas two-step bankruptcy in october 2021. the novel tactic involves using a texas state law to divide a company being sued into two, then shifting liability to one of ...
By 1997 an involuntary petition of bankruptcy was filed against Rose. Subsequent thereto, Rose and the committee of unsecured creditors worked together to develop a plan in bankruptcy. Rose emerged from the involuntary bankruptcy proceedings by filing a Plan under Chapter 11 of the United States ...
Furthermore, the Fifth Supplemental Indenture eliminated certain events of default related to failures to pay, or acceleration of, debt (other than the 2021 Senior Notes), breaches of certain covenants, failure to pay certain judgments and certain events of bankruptcy, insolvency and reorganization. ...
Certain asbestos companies were court-ordered to establish bankruptcy trusts to compensate people harmed by their products.Asbestos trustscurrently contain over $30 billion for current and future mesothelioma victims. See if you can access trust funds.Our team can filemultiple claimson your behalf if ...
The business, which sells a variety of discounted home goods, filed for Chapter 11 bankruptcy in May. At the time, the company also revealed it had received interim approval for a $45 million loan, with the hopes to continue operating its stores. "We thank our customers for ...
Still, the Texas Railroad Commission, which regulates the state's oil and gas industries, said this week that it will require Luminant to post real cash bonds to cover future mining operations when and if Energy Future files and emerges from its Chapter 11 bankruptcy protection. ...