ABI

JANUARY 19, 2024

In evaluating the Texas Business & Commerce Code and title 11 of the United States Code (the “Bankruptcy Code”), the United States Bankruptcy Court for the Southern District of Texas, in In Re Burts Construction, Inc., In 2017, Allegiance Bank loaned Burts Construction, Inc. the “Debtor”) $1.5

Secured Creditor 40

Secured Creditor Bankruptcy Debtor Collateral 40

Hudson Weir

FEBRUARY 28, 2023

This company property can be anything from equipment and constructions to apparatus, vehicles, and intellectual property. Essentially, this group involves people or creditor organisations that offer money but who won’t attain certain assets as collateral. Secured creditors include leasing companies and banks.

Unsecured Creditor 52

Unsecured Creditor Secured Creditor Creditors Construction 52

Collections Law

AUGUST 11, 2020

Likewise, if you are operating in the construction industry as a subcontractor, materials supplier, or design professional including without limitation architects, and the general contractor fails to pay the debt they owe to you for the services rendered or goods provided, we can help. A mechanics lien serves like collateral.

Judgment 52

Judgment Debtor Construction Lawyers 52

Troutman Sanders

DECEMBER 4, 2023

On November 30, crypto exchange Binance announced it has introduced a pilot program enabling banks to store trading collateral off-exchange, a move aimed at reducing counterparty risk. On November 21, the CFPB announced that it approved an application that marks the first step for piloting disclosures for construction loans.

Financial services 52

Financial services Collateral Banks Trade 52

Collections Law

JULY 1, 2020

As experienced collections attorneys, rather than providing a multitude of services to our clients in many different areas of law, we prefer to focus on debt collection and construction litigation with an expanded coverage area, which has resulted in our incredible success in Massachusetts debt collection. A mechanic’s lien is collateral.

Mechanic’s Liens 52

Mechanic’s Liens Debt Recovery Collections Judgment 52

Consumer Financial Services Law

JANUARY 22, 2021

Resolution of the case involved interpretation and construction of three related statutory provisions in the Bankruptcy Code, specifically 11 U.S.C. §§ 541, 362, and 542, which govern property of the estate, the automatic stay, and turnover, respectively. General Motors Acceptance Corp. , 3d 699 (7th Cir. quoting Citizens Bank of Md.

Bankruptcy 40

Bankruptcy Chapter 13 bankruptcy Construction Debtor 40

Jimerson Firm

MAY 17, 2021

The original assignor of a mortgage that has been collaterally assigned cannot bring a foreclosure action without the knowledge and consent of the assignee. The servicer may submit evidence of an assignment from the payee to the plaintiff or an affidavit of ownership to prove its status as a holder of the note. Servedio v. US Bank Nat.

Foreclosure 52

Foreclosure Lender Judgment Banks 52

Debt RR

JANUARY 24, 2020

Businesses need collateral for secured loans, which can come in different forms: Asset-backed loans. Collateral can be real property or liquid assets. As lenders can seize the collateral, secured loans are generally easier to approve for businesses without a lot of credit or financial history. Commercial property loans.

Debt Financing 40

Debt Financing Loans Collateral Lender 40

ABI

MARCH 9, 2020

Acis LP”) is a Delaware limited partnership investment adviser and collateralized loan obligation (“CLO”) manager. [4] 21] Here, the court noted that the counterclaims were seeking avoidance of actual and constructive fraudulent transfers, along with turnover of property of the estate for unauthorized overpayments. [22]

Bankruptcy 40

Bankruptcy Debtor Collateral Construction 40

Jimerson Firm

JANUARY 25, 2021

When underwriting and servicing SBA loans, it is important for lenders and CDCs to ensure appropriate insurance coverages are in place to protect the collateral. As a condition for the loan, the SBA requires borrowers to maintain hazard insurance on all pledged collateral. 13 CFR § 120.160 ; SOP 50 10 5(K). SOP 50 57 2 ; SOP 50 55.

Loans 98

Loans Collateral Lender Construction 98