THE court-appointed trustee overseeing Sean Dunne's $1bn American bankruptcy case has said the greatest assets in his estate may be money or properties he transferred to his wife, Gayle Killilea.John BreslinMail on Sunday
Define US Bankruptcy Court Withdrawal Confirmation. means the confirmation provided in accordance with Clause 14 (Notices) by LBSF to each of the Noteholder and the Trustee confirming that the US Bankruptcy Court Proceedings have been dismissed pursuant
The U.S. Trustee’s Office, responsible for overseeing the administration of bankruptcy cases and private trustees, filed an appeal that has been registered with the U.S. Bankruptcy Court for the Southern District of New York. Earlier this month, U.S. Bankruptcy Judge M...
The much higher yields of USD-denominated securities, such as Treasury securities, make them a juicy target for foreign investors, andthey’ve backed up their trucks and are loading up. This demand for USD-denominated securities and the higher yields expected for them in the ...
On June 8, 2018, monoline insurer Ambac Assurance Corporation (“Ambac“) filed a complaint in the United States District Court for the Southern District of New York against U.S. Bank National Association (“U.S. Bank“), trustee...more ...
federal bankruptcy laws or any other state, federal or foreign bankruptcy, insolvency, reorganization, liquidation, receivership or other similar laws, or the appointment, whether at common law, in equity or otherwise, of any trustee, custodian, receiver, liquidator or the like for all or any ...
As a result, the holders of the Notes may receive less, ratably, than the holders of secured debt in the event of our bankruptcy, insolvency, liquidation, dissolution, or reorganization. We may not be able to repurchase the Notes upon a Triggering Event. Upon the occurrence of a Triggering...
We have also seen bankruptcy used strategically in public finance and not necessarily end in default. The Archdiocese of New Orleans' bankruptcy filing on May 1, 2020 and a July 1 default (ongoing, though interest payments have resumed) was the only Moody's-rated default in ...
Bankruptcy Lawyers Business Lawyers Criminal Lawyers Employment Lawyers Estate Planning Lawyers Family Lawyers Personal Injury Lawyers More... Individuals Bankruptcy Criminal Divorce DUI Estate Planning Family Law Personal Injury More... Business Business Formation Business Operations Employment Intellectual ...
Cliff White headed the Justice Department’s bankruptcy “watchdog” unit, the US Trustee Program, for 17 years prior to his retirement in 2022. Millions of Americans and the national economy are affected each year by the bankruptcy system. Debtors receive a “fresh start” and creditors have ...