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Govt may seek cabinet nod to amend insolvency and bankruptcy code
New Delhi: The government is likely to seek cabinet approval for amending the insolvency and bankruptcy code (IBC) to streamline the process of selecting buyers of stressed assets. It is aimed at preventing promoters who are wilful defaulters or have a ...
Updated: 11/21/2017 04:53P
Motion for order that cost award was debt not discharged by bankruptcy granted in part
Father made assignment in bankruptcy and was later discharged. Mother brought motion for order that cost award was debt not discharged by bankruptcy. Motion granted in part. Child support issue was inextricably linked to father's shared custody claim
Updated: 11/21/2017 03:45P
Slowdown in hospitality deals due to strict property and bankruptcy laws
NEW DELHI: Valuation gaps and disruptive reforms, such as the rollout of the uniform producer levy and strict property and bankruptcy laws, seem to have minimised the number of deals in India's capital-intensive hospitality industry, with hotel owners
Updated: 11/21/2017 02:42P
Farm income expected to rise
Compared to farmers in other states, Ohio farmers have been better able to fend off bankruptcy. For a little over a decade, farm bankruptcy rates in Ohio have been less than one bankruptcy per 10,000 farms, about half of the national bankruptcy rate
Updated: 11/21/2017 12:33P
Criminal defense, bankruptcy lawyers face misconduct charges
Two Columbus-area lawyers face professional misconduct charges alleging they mishandled the cases of clients. Westerville bankruptcy lawyer Robert Leon and Columbus criminal defense lawyer W. Martin Midian face disciplinary hearings before the Board ...
Updated: 11/21/2017 11:58A
Zetta Jets Positions Sale, Obtains Financing
Zetta Jet has lined up $8.5 million in financing from existing lessor Scout Aviation II as the international charter operator positions to reorganize under Chapter 11 bankruptcy protection and to secure a buyer for the company. The funding will help
Updated: 11/21/2017 11:06A
Retirement Home Vicariously Liable for Employee's Theft of Older Adult? Hoyle (Estate) v. Gibson-Heath
Sometime after the theft, the PSW filed for bankruptcy and received an automatic discharge. In addition to considering whether default judgment could be awarded, the Court had to decide whether such judgment would survive the PSW's bankruptcy discharge ...
Updated: 11/21/2017 10:22A
UPDATE: Following bankruptcy, Pacific Coast Flange's Mound House facility and assets to be sold in an online auction
MOUND HOUSE, NV--(Marketwired - November 21, 2017) - Machining and fabrication equipment from Pacific Coast Flange's Mound House facility is scheduled to be sold in an online auction on November 29th. The flange manufacturer, headquartered in ...
Updated: 11/21/2017 10:02A
Insolvency law: Government sets up 14-member panel to identify issues
With rising number of cases under the Insolvency and Bankruptcy Code, the government has set up a 14-member panel to identify and suggest ways to address issues faced in implementation of the law. The Insolvency Law Committee, chaired by Corporate ...
Updated: 11/21/2017 09:58A
Following bankruptcy, Pacific Coast Flange's Mound House facility and assets to be sold in an online auction
Despite being the largest manufacturer and importer of plate steel and forged steel flanges in the western United States, in May of 2017, the company filed for Chapter 7 bankruptcy. BIDITUP Auctions Worldwide, an industrial auction firm, in conjunction
Updated: 11/21/2017 09:22A
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