The article presents information on the Chapter 13 of the Bankruptcy Code in the U.S. It discusses the law and policies of requiring conduit payments. The code reveals that the debtor must pay the full debt amount, even if the collateral is worth less. This approach is aimed at promoting ...
1) The United States is having high level conversations with a government which has never been chosen by its citizens. And therefore we hope they will put on the table some support for the constitutional petition put up by thousands of Cubans in favour of a referendum for free and multi-par...
If the bankruptcy petition is filed by creditors, the moratorium is not enforced. Minimum and maximum thresholds are 5000 forints (around 16 euros) up to 100,000 forints (around 327 euros). The liquidation procedure can also be opened after a composition agreement fails. In general, the ...
3. What is the definition of a pre-petition or post-petition claim? Goods received or services rendered before the Chapter 11 filing are considered pre- petition. Goods received or services rendered on or after the Chapter 11 filing are considered post-petition. Goods received or services ...
Sammmy Kershaw saw huge success in the '90s with "She Don't Know She's Beautiful," "Love of My Life" and more, but in 2007, burned by debt from his divorce from Lorrie Morgan, declining sales, a dispute with a label and a chicken business that failed, he declared Chapter 13 bankrup...
awson s chapter discusses the collapse of an industry, such as sugar cane in northeast razil, with an extremely deep social and ecological foot- print, as the result of the combination of global processes (competition) and national transformations (slavery abolition). his collapse in the ...
In 1994, the Security Council, under the Chapter VII mandate,[93] sanctioned the deployment of 20,000 strong multinational forces to Haiti to bring Aristide back into power. These peacekeeping mission have gone under different guises over the years: The United Nations Mission in Haiti (UNMIH)...
Distressed Debt Spotlight: How A Lender Can Boost Collection Of Ch. 11 Postpetition Charges.Aurzada, Keith
The article discusses a June 23, 2011 ruling by the U.S. First Circuit which set the standards for subordination of junior debt to post-petition interest on senior debt. The ruling was made in relation to the HSBC Bank USA versus Bank of New England Corp. (BNEC) case wherein the ...