Standard Bankruptcy http://standardbankruptcy.com How to File Personal Bankruptcy Mon, 20 Feb 2012 05:00:00 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 True Sale or Not - The Nature of the Factoring Agreement http://standardbankruptcy.com/02/20/2012/bankruptcy-news/true-sale-or-not%c2%a0-the-nature-of-the-factoring-agreement/ http://standardbankruptcy.com/02/20/2012/bankruptcy-news/true-sale-or-not%c2%a0-the-nature-of-the-factoring-agreement/#comments Mon, 20 Feb 2012 05:00:00 +0000 Standard Bankruptcy http://standardbankruptcy.com/02/20/2012/uncategorized/true-sale-or-not%c2%a0-the-nature-of-the-factoring-agreement/ Continue reading →]]> Did you know… it has been argued that a factoring arrangement over invoices of a company could be challenged as a charge over book debts and thus is void against liquidators of the company unless registered under section 80 of the Companies Ordinance Read More…

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True Sale or Not - The Nature of the Factoring Agreement

Did you know… it has been argued that a factoring arrangement over invoices of a company could be challenged as a charge over book debts and thus is void against liquidators of the company unless registered under section 80 of the Companies Ordinance Read More…

]]> http://standardbankruptcy.com/02/20/2012/bankruptcy-news/true-sale-or-not%c2%a0-the-nature-of-the-factoring-agreement/feed/ 0 Bankruptcy Judge OKs Debtor-In-Possession Financing For Beyond Oblivion http://standardbankruptcy.com/02/17/2012/bankruptcy-news/bankruptcy-judge-oks-debtor-in-possession-financing-for-beyond-oblivion/ http://standardbankruptcy.com/02/17/2012/bankruptcy-news/bankruptcy-judge-oks-debtor-in-possession-financing-for-beyond-oblivion/#comments Sat, 18 Feb 2012 02:40:00 +0000 Standard Bankruptcy http://standardbankruptcy.com/02/17/2012/uncategorized/bankruptcy-judge-oks-debtor-in-possession-financing-for-beyond-oblivion/ Continue reading →]]> NEW YORK – (Mealey's) A federal bankruptcy judge in New York on Feb. 16 approved $ 750,000 in debtor-in-possession (DIP) financing for the digital music startup Beyond Oblivion (In Re: Beyond Oblivion Inc., No. 12-10282, Chapter 11, S.D. N.Y. Bkcy.).

]]> http://standardbankruptcy.com/02/17/2012/bankruptcy-news/bankruptcy-judge-oks-debtor-in-possession-financing-for-beyond-oblivion/feed/ 0 Syms Equity Committee Seeks To Propose Competing Chapter 11 Plan http://standardbankruptcy.com/02/16/2012/bankruptcy-news/syms-equity-committee-seeks-to-propose-competing-chapter-11-plan-2/ http://standardbankruptcy.com/02/16/2012/bankruptcy-news/syms-equity-committee-seeks-to-propose-competing-chapter-11-plan-2/#comments Thu, 16 Feb 2012 20:44:00 +0000 Standard Bankruptcy http://standardbankruptcy.com/02/16/2012/uncategorized/syms-equity-committee-seeks-to-propose-competing-chapter-11-plan-2/ Continue reading →]]> WILMINGTON, Del. – The Official Committee of Syms Corp. Equity Security Holders on Feb. 3 moved in the U.S. Bankruptcy Court for the District of Delaware for an order terminating the period of time within which Syms has the exclusive right to file a Chapter 11 plan and solicit acceptance of such a plan (In Re: Filene's Basement LLC, No. 11-13511, Chapter 11, D. Del. Bkcy.). Full story on lexis.com

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Syms Equity Committee Seeks To Propose Competing Chapter 11 Plan

]]> http://standardbankruptcy.com/02/16/2012/bankruptcy-news/syms-equity-committee-seeks-to-propose-competing-chapter-11-plan-2/feed/ 0 Syms Equity Committee Seeks To Propose Competing Chapter 11 Plan http://standardbankruptcy.com/02/16/2012/bankruptcy-news/syms-equity-committee-seeks-to-propose-competing-chapter-11-plan/ http://standardbankruptcy.com/02/16/2012/bankruptcy-news/syms-equity-committee-seeks-to-propose-competing-chapter-11-plan/#comments Thu, 16 Feb 2012 20:44:00 +0000 Standard Bankruptcy http://standardbankruptcy.com/02/16/2012/uncategorized/syms-equity-committee-seeks-to-propose-competing-chapter-11-plan/ Continue reading →]]> WILMINGTON, Del. – The Official Committee of Syms Corp. Equity Security Holders on Feb. 3 moved in the U.S. Bankruptcy Court for the District of Delaware for an order terminating the period of time within which Syms has the exclusive right to file a Chapter 11 plan and solicit acceptance of such a plan (In Re: Filene's Basement LLC, No. 11-13511, Chapter 11, D. Del. Bkcy.). Full story on lexis.com

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Syms Equity Committee Seeks To Propose Competing Chapter 11 Plan

]]> http://standardbankruptcy.com/02/16/2012/bankruptcy-news/syms-equity-committee-seeks-to-propose-competing-chapter-11-plan/feed/ 0 Los Angeles Dodgers: Injury Claim Should Be Disallowed In Chapter 11 Case http://standardbankruptcy.com/02/16/2012/bankruptcy-news/los-angeles-dodgers-injury-claim-should-be-disallowed-in-chapter-11-case/ http://standardbankruptcy.com/02/16/2012/bankruptcy-news/los-angeles-dodgers-injury-claim-should-be-disallowed-in-chapter-11-case/#comments Thu, 16 Feb 2012 20:44:00 +0000 Standard Bankruptcy http://standardbankruptcy.com/02/16/2012/uncategorized/los-angeles-dodgers-injury-claim-should-be-disallowed-in-chapter-11-case/ Continue reading →]]> WILMINGTON, Del. – The Los Angeles Dodgers, which filed for Chapter 11 bankruptcy, on Feb. 3 moved in the U.S. Bankruptcy Court for the District of Delaware for an order disallowing a personal injury claim against the club brought by a man who suffered injuries from an attack after attending a baseball game at Dodger Stadium (In Re: Los Angeles Dodgers LLC, No. 11-12010, Chapter 11, D. Del. Bkcy.). Full story on lexis.com

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Los Angeles Dodgers: Injury Claim Should Be Disallowed In Chapter 11 Case

]]> http://standardbankruptcy.com/02/16/2012/bankruptcy-news/los-angeles-dodgers-injury-claim-should-be-disallowed-in-chapter-11-case/feed/ 0 Bankrupt Digital Music Venture Seeks Approval Of Asset Auction Procedures http://standardbankruptcy.com/02/16/2012/bankruptcy-news/bankrupt-digital-music-venture-seeks-approval-of-asset-auction-procedures/ http://standardbankruptcy.com/02/16/2012/bankruptcy-news/bankrupt-digital-music-venture-seeks-approval-of-asset-auction-procedures/#comments Thu, 16 Feb 2012 20:44:00 +0000 Standard Bankruptcy http://standardbankruptcy.com/02/16/2012/uncategorized/bankrupt-digital-music-venture-seeks-approval-of-asset-auction-procedures/ Continue reading →]]> NEW YORK – Bankrupt digital music venture Beyond Oblivion Inc. on Feb. 9 filed a supplemental brief in the U.S. Bankruptcy Court for the Southern District of New York, seeking authorization to sell its assets (In Re: Beyond Oblivion Inc., No. 12-10282, Chapter 11, S.D. N.Y. Bkcy.). Full story on lexis.com

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Bankrupt Digital Music Venture Seeks Approval Of Asset Auction Procedures

]]> http://standardbankruptcy.com/02/16/2012/bankruptcy-news/bankrupt-digital-music-venture-seeks-approval-of-asset-auction-procedures/feed/ 0 Federal Judge: Trial Needed On Disputed Song Rights Sold In Bankruptcy Sale http://standardbankruptcy.com/02/16/2012/bankruptcy-news/federal-judge-trial-needed-on-disputed-song-rights-sold-in-bankruptcy-sale/ http://standardbankruptcy.com/02/16/2012/bankruptcy-news/federal-judge-trial-needed-on-disputed-song-rights-sold-in-bankruptcy-sale/#comments Thu, 16 Feb 2012 20:44:00 +0000 Standard Bankruptcy http://standardbankruptcy.com/02/16/2012/uncategorized/federal-judge-trial-needed-on-disputed-song-rights-sold-in-bankruptcy-sale/ Continue reading →]]> SHERMAN, Texas – A federal judge in Texas on Feb. 3 denied motions for summary judgment and said that a dispute regarding the rights to two songs that were sold as part of a bankruptcy liquidation sale would have to be resolved at trial (Alvertis Isbell d/b/a Alvert Music v. DM Records Inc., No. 07-146, Chapter 7, E.D. Texas). Full story on lexis.com

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Federal Judge: Trial Needed On Disputed Song Rights Sold In Bankruptcy Sale

]]> http://standardbankruptcy.com/02/16/2012/bankruptcy-news/federal-judge-trial-needed-on-disputed-song-rights-sold-in-bankruptcy-sale/feed/ 0 Debtor Seeks Chapter 7 Conversion After Asset Purchase Agreement Falls Through http://standardbankruptcy.com/02/16/2012/bankruptcy-news/debtor-seeks-chapter-7-conversion-after-asset-purchase-agreement-falls-through/ http://standardbankruptcy.com/02/16/2012/bankruptcy-news/debtor-seeks-chapter-7-conversion-after-asset-purchase-agreement-falls-through/#comments Thu, 16 Feb 2012 20:44:00 +0000 Standard Bankruptcy http://standardbankruptcy.com/02/16/2012/uncategorized/debtor-seeks-chapter-7-conversion-after-asset-purchase-agreement-falls-through/ Continue reading →]]> WILMINGTON, Del. – Bankrupt Open Range Communications Inc. on Feb. 6 moved in the U.S. Bankruptcy Court for the District of Delaware to convert its Chapter 11 proceeding to a Chapter 7 bankruptcy after reaching the conclusion that it cannot develop a confirmable plan of reorganization (In Re: Open Range Communications Inc., No. 11-13188, Chapter 11, D. Del. Bkcy.). Full story on lexis.com

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Debtor Seeks Chapter 7 Conversion After Asset Purchase Agreement Falls Through

]]> http://standardbankruptcy.com/02/16/2012/bankruptcy-news/debtor-seeks-chapter-7-conversion-after-asset-purchase-agreement-falls-through/feed/ 0 Hostess Seeks Bankruptcy Court Approval Of $1.5M Salary, $2M Bonus For CEO http://standardbankruptcy.com/02/16/2012/bankruptcy-news/hostess-seeks-bankruptcy-court-approval-of-1-5m-salary-2m-bonus-for-ceo/ http://standardbankruptcy.com/02/16/2012/bankruptcy-news/hostess-seeks-bankruptcy-court-approval-of-1-5m-salary-2m-bonus-for-ceo/#comments Thu, 16 Feb 2012 20:44:00 +0000 Standard Bankruptcy http://standardbankruptcy.com/02/16/2012/uncategorized/hostess-seeks-bankruptcy-court-approval-of-1-5m-salary-2m-bonus-for-ceo/ Continue reading →]]> NEW YORK – Bankrupt Hostess Brands Inc. on Feb. 7 moved in the U.S. Bankruptcy Court for the Southern District of New York for approval of an employment agreement with its current chief executive officer that would pay him $1.5 million annually, plus bonuses, arguing that he is crucial to helping the company proceed through bankruptcy in a positive manner (In Re: Hostess Brands Inc., No. 12-22052, Chapter 11, S.D. N.Y.). Full story on lexis.com

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Hostess Seeks Bankruptcy Court Approval Of $1.5M Salary, $2M Bonus For CEO

]]> http://standardbankruptcy.com/02/16/2012/bankruptcy-news/hostess-seeks-bankruptcy-court-approval-of-1-5m-salary-2m-bonus-for-ceo/feed/ 0 Delaware Federal Judge Overrules Objections, Confirms W.R. Grace’s Chapter 11 Plan http://standardbankruptcy.com/02/16/2012/bankruptcy-news/delaware-federal-judge-overrules-objections-confirms-w-r-graces-chapter-11-plan/ http://standardbankruptcy.com/02/16/2012/bankruptcy-news/delaware-federal-judge-overrules-objections-confirms-w-r-graces-chapter-11-plan/#comments Thu, 16 Feb 2012 20:44:00 +0000 Standard Bankruptcy http://standardbankruptcy.com/02/16/2012/uncategorized/delaware-federal-judge-overrules-objections-confirms-w-r-graces-chapter-11-plan/ Continue reading →]]> WILMINGTON, Del. – A Delaware federal judge on Jan. 30 overruled all remaining objections to W.R. Grace & Co.'s Chapter 11 plan of reorganization and confirmed the plan, which includes establishment of a trust to pay asbestos personal injury claims having an estimated total value of more than $6 billion (In re: W.R. Grace & Co., et al. [Garlock Sealing Technologies LLC, et al. v. W.R. Grace & Co., et al.], No. 11-199, D. Del.; 2012 U.S. Dist. LEXIS 11289). Full story on lexis.com

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Delaware Federal Judge Overrules Objections, Confirms W.R. Grace’s Chapter 11 Plan

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