Why Can’t I Pursue My Fraudulent Transfer Action After Debtor’s Bankruptcy (and Other Interesting Information)
Bankruptcy practitioners will tell you that when a business declares bankruptcy, the representative of the estate, whether it is the...
Month: September 2021
Bankrupt debtor trumps SBA in District of Arizona PPP loan dispute | Snell and Wilmer
The Paycheck Protection Program (“PPP”) was a repayable loan program administered by the U.S. Small Business Administration (“SBA”) that was...
Borrow without collateral: how crypto can finally create credit
By Rafael Cosman, co-founder and CEO of TrustToken If you have paid attention to the DeFi sector, you will have...
Man ties debtor to N4.6m debt
Lagos Police rescued a debtor, Reuben Alozie, who was tied to a stake by his creditor, for an unpaid debt...
Leverage Your Crypto Assets as Collateral to Maximize Returns – Blockchain News, Opinion, TV and Jobs
According to a study by Norwegian crypto-intelligence firm Arcane Research, Bitcoin emerges as “the perfect collateral asset for the future.”...
Will secured loan obligations cause collateral damage?
Daniel Tischer, University of Bristol; Adam Leaver, University of Sheffieldand Jonathan Castorstock, University of Bristol At the heart of the...
Mabuhay Miles, older planes: PAL details guarantees to secure crucial financing
Philippine Airlines (PAL) of billionaire Lucio Tan is pledging 15 planes, spare engines and frequent flyer miles as collateral to...
Court of Appeals Says FCC Penalty Demand Survives Chapter 11 Corporate Debtor Clearance
A Federal Communications Commission's ("FCC") Chapter 11 corporate debtor's monetary penalty obligation resulting from "consumer fraud" survived the discharge of...
Life insurance as collateral | Money
If you're trying to start a business or borrow money for other purposes, you might be able to get a...
MTN maintains its position as largest debtor with N578 billion in external loans
… others rely on cash flow to pay off their debts. Nigeria's largest telecommunications company, MTN, retained its position as...
Legal options in Thailand when a debtor can’t (or won’t) pay
COVID-19 and the resulting containment measures to limit outbreaks in Thailand have caused significant financial hardship for many economic operators,...
Legal options in Thailand when a debtor cannot (or will not) pay – Insolvency/Bankruptcy/Restructuring
Thailand: Legal options in Thailand when a debtor can't (or won't) pay September 07, 2021 Tilleke &...
Collateral damage of the Covid-19 pandemic
We are now tentatively approaching the end of the Covid-19 pandemic which began in Ireland in March 2020. Extraordinary efforts...