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

Fraser

JUNE 25, 2020

Because debtors require sufficient cash to operate their businesses and pay for the administrative expenses of the chapter 11 process, many seek interim court approval for financing (called “debor-in-possession” or “DIP” financing) and/or the use cash collateral that is subject to a secured creditor’s lien. Proof-of-Claim Bar Date.

Creditors 72

Creditors Bankruptcy Unsecured Creditor Debtor 72

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

JUNE 3, 2021

Therefore, the plaintiff was collaterally estopped from claiming entitlement to inspect the corporate records. It does not consider the more common situation where a shareholder is “constructively ousted” or “oppressed.”. The post Is a Former Shareholder That Was Ousted from a Corporation Entitled to Inspect the Corporate Records?

Collateral 69

Collateral Construction Healthcare 69

PBWT

JANUARY 19, 2021

In 2019, we began following a Circuit split regarding a secured creditor’s obligation to return collateral that it lawfully repossessed pre-petition after receiving notice of a debtor’s bankruptcy filing.

Bankruptcy 65

Bankruptcy Debtor Creditors Repossession 65

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

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