We call these Zombie homes.
Under the Bankruptcy Code, a creditor may be reimbursed its actual and necessary expenses in making a “substantial contribution” in a chapter 9 or 11 case.
Is a debtor required to pay default rate interest when it reinstates a loan under a plan of reorganization?
Isn’t it common sense to read an important document before you sign it?
Energy Future Holdings (“EFH” or “Debtors”) has cleared all of the preliminary hurdles in its path as it moves towards the confirmation of its plan of reorganization (the “Plan”).
ConAgra announced today that it was cutting 1,500 jobs from its Omaha workforce and that it would move the company headquarters to Chicago.
When Hypo Alpe-Adria Bank International AG (Hypo), the Austrian bank, failed in 2014, the Austrian Government paved the way for the establishment of Heta Asset Resolution AG (Heta) as a wind-down vehicle to assume and manage large parts of its assets.