April 26, 2023 - A recent decision of the Connecticut District Court awarded post-petition interest at the full default rate to a secured creditor. In Official Committee of Unsecured Creditors of ...
The cases considering this question are Re Pindar Scarborough Ltd (in administration) [2024] EWHC 908 (Ch) (“Pindar”) and Re Toogood International Transport and Agricultural Services Limited (in ...
Recent Delaware case law clarifies that secured creditors do not lose priority by inaction after default, favoring the “trace and recapture” approach. The court emphasized that rights depend on the ...
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We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
In Thomson v. Short (In re Short), the Utah bankruptcy court recently adopted the majority position and applied the freeze rule to preserve a secured creditor’s lien priority despite the lapse of that ...
The Commission on Judicial Nomination submitted seven candidates to Gov. Kathy Hochul for consideration for appointment as Chief Judge of the Court of Appeals after former Chief Judge Janet DiFiore ...
A creditor is any person or organization that lends money or extends credit, expecting to be repaid with interest and fees. Creditors can include banks, credit card companies, hospitals and even ...
VANCOUVER, British Columbia--(BUSINESS WIRE)--Mednow Inc. (TSXV: MNOW) (OTCQX: MDNWF) ("Mednow" or the "Company"), Canada’s on-demand virtual pharmacy, announced today that it has received a notice of ...
Borrowing against your assets can lower your interest rate. But there are risks too Written By Written by Contributor, Buy Side Kat Tretina is a contributor to Buy Side and a financial expert on ...
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