United States bankruptcy law

Experienced Financial Restructuring and Transactional Insolvency Lawyer Frederick (Rick) Hyman Joins Crowell & Moring

Retrieved on: 
Wednesday, August 4, 2021
Debt, Finance, Money, Economy, United States bankruptcy law, Corporate finance, Bankruptcy, Crowell & Moring, Debtor-in-possession financing, Restructuring, Hyman, Moring

NEW YORK, Aug. 4, 2021 /PRNewswire/ --Crowell & Moring has expanded its Corporate Group in New York with the addition of partner Frederick "Rick" Hyman , a highly regarded financial restructuring and insolvency lawyer.

Key Points: 
  • NEW YORK, Aug. 4, 2021 /PRNewswire/ --Crowell & Moring has expanded its Corporate Group in New York with the addition of partner Frederick "Rick" Hyman , a highly regarded financial restructuring and insolvency lawyer.
  • Hyman represents lenders and other creditors in all aspects of bankruptcy, including negotiating restructuring support agreements and debtor-in-possession financing facilities.
  • Hyman joins the firm from Duane Morris, where he was a partner in the firm'sBusiness Reorganization and Financial Restructuring Practice Group.
  • "I am incredibly excited to join Crowell & Moring, especially considering the breadth of the firm's offerings to financial services clients," said Hyman.

Take Charge America Recognized Among Arizona’s Top Workplaces

Retrieved on: 
Tuesday, July 20, 2021
Human resources, Finance, Consulting, Other Education, Professional services, Consumer, Education, Other Consumer, Personal finance, Credit counseling, Debt, United States bankruptcy law, Debt management plan, The Arizona Republic, Mass media in the United States, Articles, Human behavior

Dedicated to cultivating a highly supportive and encouraging workplace, Take Charge America is pleased to announce it has been named one of the 2021 Top Workplaces in Arizona by The Arizona Republic and AZCentral.com.

Key Points: 
  • Dedicated to cultivating a highly supportive and encouraging workplace, Take Charge America is pleased to announce it has been named one of the 2021 Top Workplaces in Arizona by The Arizona Republic and AZCentral.com.
  • The Arizona Republic and AZCentral.com partner with employee engagement research firm Energage to create the annual Top Workplaces program.
  • Learn more about career opportunities , benefits and the Take Charge America culture.
  • Founded in 1987, Take Charge America, Inc. is a nonprofit agency offering financial education and counseling services including credit counseling, debt management, student loan counseling, housing counseling and bankruptcy counseling.

Premium Domain Names for Sale as Part of Chapter 7 Bankruptcy Sale

Retrieved on: 
Tuesday, April 13, 2021
United States bankruptcy law, Hilco Global, Finance, Money, Economy, Title 11 of the United States Code, Trustee in bankruptcy, Domain name, United States bankruptcy court, Bankruptcy, Chapter 7, Title 11, United States Code

b'NEW YORK, April 13, 2021 /PRNewswire/ --Hilco Streambank, a market leading advisory firm specializing in the sale of intellectual property assets and domain name brokerage, is seeking one or more buyers for various domain names on behalf of a chapter 7 bankruptcy trustee.

Key Points: 
  • b'NEW YORK, April 13, 2021 /PRNewswire/ --Hilco Streambank, a market leading advisory firm specializing in the sale of intellectual property assets and domain name brokerage, is seeking one or more buyers for various domain names on behalf of a chapter 7 bankruptcy trustee.
  • The available domain names include AllOut.com, AllOut.net, MindControl.com, Words.org, Nature101.com and Psonic.com.\n"A chapter 7 bankruptcy case represents a unique opportunity to acquire premium domains," commented Hilco Streambank Senior Vice President Richelle Kalnit.
  • The domain names are being administered by Erin Renneker, as chapter 7 bankruptcy trustee in a case pending in the United States Bankruptcy Court for the Southern District of Ohio (the "Bankruptcy Court").\nOffers to acquire one or more of the available domain names are due on or before April 20, 2021.
  • Bidding documents are available upon request.\nParties interested in the domain names or learning more about the sale process should CLICK HERE or contact Hilco Streambank directly using the contact information provided below.\n'

Bruce Sellery takes the helm of Credit Canada Debt Solutions as new CEO

Retrieved on: 
Friday, February 26, 2021
Personal finance, Credit counseling, Debt, United States bankruptcy law, DUCA Credit Union, Finance, Money

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Credit Canada, the countrys first and longest-standing credit counselling agency, has appointed well-known personal finance expert Bruce Sellery as its new CEO.

Key Points: 
  • TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Credit Canada, the countrys first and longest-standing credit counselling agency, has appointed well-known personal finance expert Bruce Sellery as its new CEO.
  • Under Bruces guidance, Credit Canada will continue to promote financial education for all Canadians.
  • I am excited to be joining such an amazing team of passionate and compassionate professionals at Credit Canada, said Bruce Sellery, CEO of Credit Canada.
  • Credit Canada is Canadas first and longest-standing credit counselling agency and a leader in financial wellness, helping Canadians successfully manage their debt since 1966.

Revitalization Partners Rolls out Asset Marketing System

Retrieved on: 
Wednesday, February 24, 2021
Data management, Banking, Accounting, Technology, Professional services, Marketing, Communications, Software, Legal, Internet, Finance, Economy, Bankruptcy, Insolvency, Articles, Law of the United Kingdom, Receivership, United States bankruptcy law, Monetization

Aiming to improve the returns to creditors from inefficient and slow asset auctions, Revitalization Partners has developed a proprietary new digital marketing system to augment its expertise in corporate restructuring and receiverships.

Key Points: 
  • Aiming to improve the returns to creditors from inefficient and slow asset auctions, Revitalization Partners has developed a proprietary new digital marketing system to augment its expertise in corporate restructuring and receiverships.
  • RPs Asset Marketing Platform provides an alternative to traditional auctions with a robust online tool that can unlock trapped value more quickly.
  • Utilizing cloud-based technology, the Revitalization Partners system gives the firms professionals, all former C-suite executives, the ability to extract more value in managing the receivership process.
  • Our goal in designing the system was to more efficiently monetize the value of assets in receiverships, said Pat Scanlon, who leads the digital business practice at Revitalization Partners.

Highgate Launches Expanded Receivership Services

Retrieved on: 
Tuesday, February 16, 2021
Professional services, Commercial Building & Real Estate, Lodging, Finance, Construction & Property, Travel, REIT, Economy, Financial services, Finance, Money, Bankruptcy, Law of the United Kingdom, Receivership, United States bankruptcy law, Bank

Highgate, through its affiliates, has developed a workout process that supports the asset as a result of having been both the receiver and operator for numerous banks, special services agencies, lenders, and federal agencies.

Key Points: 
  • Highgate, through its affiliates, has developed a workout process that supports the asset as a result of having been both the receiver and operator for numerous banks, special services agencies, lenders, and federal agencies.
  • Using exclusive resources and data, Highgate works diligently to recommend cost-saving strategies and additional revenue sources for underperforming hotels.
  • For more information on Highgates Receivership and Loan Resolution capabilities, visit Highgate.com or contact Richard Millard at [email protected] .
  • Highgate is a leading real estate investment and hospitality management company widely recognized as an innovator in the industry.

The Receiver of the Titanium Blockchain Infrastructure Services, Inc. ("TBIS") Estate Announces Notice of Bar Date to Submit Claims Against TBIS Receivership Estate

Retrieved on: 
Friday, February 12, 2021
Bankruptcy, United States bankruptcy law, Insolvency, Law of the United Kingdom, Receivership, Economy, Law

On August 21, 2020, the Court entered an Order authorizing the Claims Process and Bar Date, as modified December 15, 2020.

Key Points: 
  • On August 21, 2020, the Court entered an Order authorizing the Claims Process and Bar Date, as modified December 15, 2020.
  • Copies of these orders and other information regarding this case are available on the TBIS Receivership website at http://tbis.io .
  • You are receiving this Notice because our records indicate you mayhold a claim against the TBIS Estate.
  • Unless a claim is subject to a Receiver-granted exception, all claims against TBIS Estate assets that are not received by the Bar Date are barred.

The Receiver of the Titanium Blockchain Infrastructure Services, Inc. ("TBIS") Estate Announces Notice of Bar Date to Submit Claims Against TBIS Receivership Estate

Retrieved on: 
Friday, February 12, 2021
Bankruptcy, United States bankruptcy law, Insolvency, Law of the United Kingdom, Receivership, Economy, Law

On August 21, 2020, the Court entered an Order authorizing the Claims Process and Bar Date, as modified December 15, 2020.

Key Points: 
  • On August 21, 2020, the Court entered an Order authorizing the Claims Process and Bar Date, as modified December 15, 2020.
  • Copies of these orders and other information regarding this case are available on the TBIS Receivership website at http://tbis.io .
  • You are receiving this Notice because our records indicate you mayhold a claim against the TBIS Estate.
  • Unless a claim is subject to a Receiver-granted exception, all claims against TBIS Estate assets that are not received by the Bar Date are barred.

Demotech Concludes 2020 Review of Data for Title Insurance Underwriters Relating to Escrow Theft and Defalcation Prevention Measures

Retrieved on: 
Tuesday, December 8, 2020
Defalcation, United States bankruptcy law, Escrow, Emergency management, Articles, Law

As part of its ongoing monitoring and review process, Demotech annually requests Title underwriters assigned a Financial Stability Rating to submit information pertaining to mitigation of defalcations and escrow theft.

Key Points: 
  • As part of its ongoing monitoring and review process, Demotech annually requests Title underwriters assigned a Financial Stability Rating to submit information pertaining to mitigation of defalcations and escrow theft.
  • Title underwriters responded by submitting their current agent review process, defalcation prevention procedures, and any other mitigation procedures.
  • Demotech has released the aggregate results of regional underwriters as it applies to their agency appointment policies as well as defalcation and escrow theft prevention measures.
  • For the period July 1, 2019 to June 30, 2020, only four defalcations were discovered by regional Title underwriters.

Court Approves Trustee's Settlement with US Government Closing the Bankruptcy of For-Profit, Post-Secondary Schools Operator, Florida Career College

Retrieved on: 
Monday, December 7, 2020
United States bankruptcy law, United States bankruptcy court, Bankruptcy, Finance, Money, Economy

Prior to its 2014 bankruptcy, FCC operated 41 for-profit schools under the trade names Florida Career Colleges and Anthem Schools.

Key Points: 
  • Prior to its 2014 bankruptcy, FCC operated 41 for-profit schools under the trade names Florida Career Colleges and Anthem Schools.
  • Subsequently, the DOE filed a claim for over $37 million in the bankruptcy case.
  • In announcing the US Bankruptcy Court decision, Teresa Hanger, of Clingman & Hanger said, "We are very excited about The Honorable Christopher S. Sontchi 's approval of our settlement.
  • Amini LLC's bankruptcy lawyers have significant experience investigating, prosecuting, and trying complex cases in bankruptcy courts and arising out of bankruptcy cases around the country.