On Eve of Bankruptcy

If Bankruptcy Occurs on the Eve of Trial, Is There Cause to Modify ...

In a proceeding to lift/modify the automatic stay involving real estate, the bankruptcy courts examine whether cause exists to lift/modify the automatic stay.

Corporate Executives & Bonuses on the Eve of Bankruptcy

The bankruptcy judge ruled that discretionary bonuses given by an insolvent employer were not per se fraudulent transfers.

On eve of bankruptcy, U.S. firms shower execs with bonuses - Reuters

After the 2008 financial crisis, companies often proposed bonuses in bankruptcy court, casting them as incentive plans with goals executives ...

Claims for Goods Delivered on the Eve of a Bankruptcy Filing

or nothing for goods delivered to a debtor on the eve of its bankruptcy.6 (And as prior cases and experience have made clear to trade creditors, traditional ...

Life Insurance and Beneficiary Changes on Eve of Bankruptcy

The court discussed a situation where a debtor changed the beneficiary under a policy on the eve of filing bankruptcy (chapter 11 converted to a chapter 7).

The Truth about Transferring Property on the Eve of Bankruptcy

Section 548 of the Bankruptcy Code Allows for the Trustee to Recover Fraudulent Transfers of Property ... As a debtor, it is your obligation to ...

Claims for Goods Delivered on the Eve of a Bankruptcy Filing

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Bed Bath & Beyond Took Out Emergency Loan on Eve of Bankruptcy

“Last week the company returned to an overadvance position” on its bank loans, so its lenders got together and signed off on the new $54 million ...

Debtor Files for Bankruptcy on Eve of Foreclosure Sale | Experience

Our firm represented the senior secured lender of a debtor in a single asset real estate case in the Northern District of Illinois. The debtor filed for ...

The increasing use of pre-bankruptcy executive retention bonuses

In the context of retention bonuses paid on the eve of bankruptcy, however, demonstrating that the debtor was experiencing “financial ...

Case Dismissed on Bad Faith Due to Purchase of Vehicle on Eve of ...

If you are considering filing bankruptcy, you need to consider whether you really need a new car before you purchase one on the even of ...

Safely Maximize Your Exemptions in Bankruptcy

Loans taken out to acquire exempt property · Transfers after entry of large judgment or other event creating liability · Transfers made on the eve of bankruptcy ...

Bare Legal Title Doctrine May Keep Property Out Of Bankruptcy

Transferring property out of your name on the eve of bankruptcy will draw scrutiny as to an individual's good faith and could lead to litigation seeking to deny ...

Paying a Nondischargeable Debt On Eve of Bankruptcy | Nachawati ...

Paying a Nondischargeable Debt On Eve of Bankruptcy. Suppose Joe owes $10,000 on a recent tax debt to the IRS, a few other unsecured debts totaling another ...

Barnhill v. Johnson and Payment by Check on the Eve of Bankruptcy

Johnson and Payment by Check on the Eve of Bankruptcy: Implications for the Real Estate Attorney". (1992). Popular Media. 58. https://scholarship.law.wm.edu ...

APPOINTMENT OF INDEPENDENT DIRECTORS ON THE EVE OF ...

the same time however, insolvency triggers a potential expansion of interested parties, as the board of an insolvent company becomes beholden to act in the best ...

Preferential Transfers on the Eve of the Bankruptcy Amendments

inventory will occur on the eve of bankruptcy. When the storm clouds gather, a debtor will normally draw down existing stockpiles of inventory or at least ...

Preferences: When Can a Trustee Claw Back Payments to Creditors?

Though many payments a debtor makes to creditors on the eve of bankruptcy may be preferential transfers under the Bankruptcy Code, creditors ...

WSG Article: Claims for Goods Delivered on the Eve of a Bankruptcy ...

Blissfully unaware that its customer, a merchant, is on the brink of filing a bankruptcy petition, your client has delivered goods on credit. The likely unhappy ...

Pre-Bankruptcy Planning To Maximize Exemptions - mediatbankry

First National objected to Hanson's cash value and homestead exemptions, claiming the on-eve-of-bankruptcy sales and payments demonstrate an ...