JD Supra

Are Unsecured Creditors of a Solvent Debtor Entitled to Post-Petition Interest at the Contract Rate? Recent Circuit Court of Appeals Decisions Say “Yes”

Two recent decisions from circuit courts of appeal – the Fifth and Ninth – have addressed a question that does not arise often: in a solvent-debtor chapter 11 case, is the debtor required to pay ...
Salon

Why companies file for bankruptcy — and how it protects both debtors and creditors

Reports have emerged that Purdue Pharma is in settlement talks to resolve thousands of federal and state lawsuits over its role in fueling the opioid epidemic. As part of the reported settlement, the ...
JD Supra

Delaware Bankruptcy Court Rules that Unsecured Creditors of a Solvent Debtor Are Entitled to Post-Petition Interest at the Federal Judgment Rate, Not the Default Interest Rate

On December 22, 2021, Judge Mary Walrath of the Bankruptcy Court for the District of Delaware held in In re The Hertz Corp. that redemption premiums may potentially qualify as unmatured interest, and ...

Navigating the SARE Runway: A Secured Creditor’s Perspective

Many single asset real estate (SARE) bankruptcies will check some or all of the boxes for a bad faith filing. Nevertheless, ...
Reuters

Debtors, creditors agree steps to jumpstart debt restructurings

WASHINGTON, April 12 (Reuters) - Global creditors, debtor nations and international financial institutions on Wednesday agreed ways to jumpstart and streamline long-stalled debt restructuring efforts, ...
The New York Times

Debtors and Creditors Should Pay

Jeffry A. Frieden, a professor of government at Harvard, is the author of Global Capitalism: Its Fall and Rise in the Twentieth Century." Updated January 28, 2011, 3:37 PM Ireland borrowed and spent ...
Christian Science Monitor

Inflation is bad for debtors, worse for creditors

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that. The Church publishes the Monitor ...
Gwinnett Daily Post

Debtors & Creditors

All creditors of the Estate of MARIANNE TRACY GODFREY , deceased, late of Gwinnett County, are hereby notified to render their demands to the undersigned according to law, and all persons indebted to ...
Forbes

Is Your California IRA Protected From Creditors? Probably Not.

A lot of folks in California, including probably a majority of professional legal and financial advisors, seem to think that Individual Retirement Accounts (IRAs) are either completely or partially ...
Gwinnett Daily Post

Debtors/Creditors

NOTICE TO DEBTORS AND CREDITORS All creditors of the Estate of Bruce C. Armstrong , late of Gwinnett County, deceased, are hereby notified to render in their demands to the undersigned according to ...