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Explainer: How Russia Could Use Bankruptcy Law To Punish Foreign Companies

March 18 (Reuters) – As foreign companies seek to leave Russia because of the war in Ukraine, they face the prospect that Russia’s bankruptcy law could be used to seize assets and even attract criminal penalties . Here’s how it could work: HOW DOES BANKRUPTCY LAW IN RUSSIA DIFFER FROM BANKRUPTCY LAW IN THE UNITED […]

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Local Lawyer Becomes Federal Bankruptcy Judge | Local News

After more than 15 years at Facey, Goss & McPhee, a local attorney took over as U.S. bankruptcy judge for Vermont on Monday. Heather Zubke Cooper has a “broad and diverse background in bankruptcy law” with over 20 years of experience in “the finance and restructuring industry, representing individual and corporate debtors and creditors in […]

Road safety

Local Road Safety Plan in preparation

Posted on March 2, 2022 Local Road Safety Plan in preparation By Vera Kochan The State of California is required by the federal government to have a strategic road safety plan aimed at reducing the number of deaths and serious injuries in traffic accidents on its public roads. To that end, Moraga City Council has […]

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New York Federal Court Upholds Bankruptcy Court Fraudulent Conveyance Finding for Tax Sale Foreclosure – Insolvency/Bankruptcy/Restructuring

United States: New York Federal Court Upholds Bankruptcy Court Fraudulent Transfer Finding for Tax Sale Foreclosure March 01, 2022 Riker Danzig Scherer Hyland & Perretti To print this article, all you need to do is be registered or log in to Mondaq.com. The United States District Court for the Western […]

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Falling liveability in Hong Kong; Airline Bankruptcy: Virus Update

(Bloomberg) — Hong Kong, once known as the world’s freest economy and “Asia’s global city”, is now second only in pakistan as the worst place to live during covid. The city, rocked by its worst outbreak since the start of the pandemic, saw its ranking drop to 52nd on Bloomberg. Covid Resilience Ranking in February […]

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Senior Living Leads Healthcare Industry Distress to Endgame

NEW YORK, Feb. 21 28, 2022 (GLOBE NEWSWIRE) — A flurry of senior healthcare facility bankruptcy filings shaped the United States’ economic distress in the fourth quarter of 2021, which is detailed in the latest Polsinelli-TrBK Reportage distress indices. The report, released today by law firm Am Law 100 Polsinelli, details how organizations focused on […]

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GWG issues letter to bondholders: Warns of bankruptcy while offering no response

Marc Fitapelli, MDF Law Recovery Options for GWG L Bondholders Investors in GWG L bonds may be able to recover their principal, interest, and attorneys’ fees through individual FINRA arbitrations. —Marc Fitapelli, Esq. NEW YORK, United States, February 17, 2022 /EINPresswire.com/ — MDF Law, a New York-based securities and investment fraud law firm publishes a […]

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A wave of bankruptcies and foreclosures seems to be developing

Economists and professionals in the corporate restructuring and real estate sector have been anticipating a struggling economy for 18 months. So far they have been wrong. The public is simply confused. Many people today don’t trust their politicians, their sources of information, and surprisingly not even their health care providers and professionals. This lack of […]

Road safety

Traffic Safety System Market to Witness Huge Growth by 2027

New Jersey, United States,- The research approach of this Global traffic safety systems market report is a mix of primary research, secondary research and expert panel assessments. Secondary research includes industry-related documents as well as press releases, annual reports, and research reports. Other sources for obtaining specific data on strategic expansion opportunities in this market […]

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Biden under pressure on student loans after Wolfson bankruptcy drop

President Joe Biden’s administration is facing renewed pressure to act on student debt after the Department of Education announced on Friday it would drop an appeal in a high-profile bankruptcy case involving student debt. While the move was welcomed, advocates have long called on President Biden to do more and some senior Democrats say he […]

Road safety

Traffic Safety System Market Size (2022-2030)

New Jersey, United States,- the Global traffic safety systems market The report covers the entire global market scenario including key players, their future promotions, preferred vendors, market shares along with historical data and price analysis. It continues to offer key details on changing dynamics to generate market improving factors. It aims to rationalize the expenses […]

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“Take-Four”: Another Court Overturns Third-Party Authorizations – Insolvency/Bankruptcy/Restructuring

United States: “Take-Four”: Another Court Overturns Third-Party Versions January 31, 2022 Cullen and Dykman To print this article, all you need to do is be registered or log in to Mondaq.com. There has been much discussion regarding the recent appeal decision of the District Court of Purdue Pharma. See In […]

Road safety

Traffic Safety System Market Size, Business Opportunities and Forecast to 2029 – The Oxford Spokesman

New Jersey, United States,- This Global traffic safety systems market The report provides a clear picture of the growth of key players along with the qualitative aspects of business in each area. This Global Traffic Safety Systems Market report provides a current report on revenue generation, recent trends, financial status and cost, as well as […]

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bankruptcy proceedings and the recent case of Dondero v. Alvarez & Marsal CRF Management, LLC | law of the free man

Dondero vs. Alvarez & Marsal CRF Management, LLC et al, Adv. proc. 21-03051 (Bankr. ND – Texas, January 4, 2022) Judge Stacey GC Jernigan introduction Civil procedure matters aren’t the sexiest topics, and probably for that reason, I rarely see blog posts focused on purely procedural matters. The Northern District of Texas Bankruptcy Court was […]

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Heading to bankruptcy court?

When is good news not necessarily good news? The number of bankruptcy filings has dropped significantly in the United States. This seems like good news. But is it? According to a recent CNBC report, there were 434,540 bankruptcy filings in the United States in 2021, for the year ending 9/30/21. This compares to 776,674 filings […]

Road safety

2021 Road Safety Software Market Size Analysis by Major Key Players

New Jersey, United States, – Market Research Intellect has been analyzing the traffic safety software technology and markets since 2018. Since then, through the analysis of company research, we have been very close to the latest market research and development. In addition, Market Research Intellect works closely with many clients to help them better understand […]

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As Evergrande on the verge of bankruptcy, more Chinese developers will default | Asset owners

A version of this article first appeared on Finance asia. After China Evergrande Group admission As it is on the verge of bankruptcy, more Chinese real estate developers are expected to default in the next six to 12 months, according to S&P Global Ratings. China offshore bondholders Evergrande Group would not have received coupons Monday, […]

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Combined bankruptcy and restructuring case moves to New Jersey

Wednesday, December 8, 2021 Justice Craig Whitley’s recent transfer of the LTL Management case will result in a high-profile “Two-Step Texas” Chapter 11 bankruptcy in New Jersey, and it could open a new chapter in how the courts are approaching the news. transaction designed to isolate and deal with certain tort masses. Debtor LTL Management […]

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CEO of Private Jet Charter Company Convicted of Fraudulent Bankruptcy | USAO-EDVA

ALEXANDRIA, Virginia – A federal judge yesterday convicted a Reston businessman on a series of fraud charges relating to a bankruptcy case in which he discharged more than $ 6 million in personal debt. According to court records and evidence presented at trial, on July 13, 2017, President and CEO of Metropolitan Aviation, Alan Russell […]

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Nitrocrete, affiliates file for Chapter 11 bankruptcy – BizWest

FORT COLLINS – Nitrocrete LLC and four affiliated entities, including parent company Nitro Holdings LLC, have filed for Chapter 11 bankruptcy, blaming the disruption caused by the COVID-19 pandemic. Bankruptcy petitions were filed on November 18 in the U.S. Bankruptcy Court in Denver for these two entities, as well as for affiliates Nitrocrete IP LLC, […]

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Toys R Us makes a strong comeback after brutal bankruptcy

Millennials, rejoice! Toys R Us is back and better than ever. The toy giant filed for bankruptcy in 2017, leading many nostalgic adults to mourn the loss of their favorite childhood toy store. Toys R US is not only opening a new 20,000 square foot location in New Jersey’s Dream Mall, which will feature a […]