Results for North America
- Dodd-Frank Progress Report
No New Deadlines, Requirements Met or Requirements Proposed. No rule making requirements were due in March and no new rules were adopted or proposed to meet rule making requirements. (North America, United States) bankruptcy,insolvency,headli ...
Resource Article - twallace@abiwor... - 09/19/2013 - 10:14 - 0 comments - 1 attachment
- For Bank of Canada, Household Debt Remains Biggest Domestic Risk
While the overall risk to Canada’s financial system has declined for the first time in two years, closer to home the Bank of Canada continues to be concerned about household debt and housing, The Wall Street Journal Real Time Canada blog reported. In ...
Daily Headline - global.abi.org - 12/10/2013 - 23:33 - 0 comments
- Firms Chaired By Homburg Sued
Homburg Invest Inc. is suing several companies chaired by Richard Homburg, its former chairman, for $2,895,000, The Chronicle Herald reported. According to court documents, Homburg Invest is undergoing insolvency restructuring under the protection of ...
Daily Headline - global.abi.org - 12/10/2013 - 23:34 - 0 comments
- Bid Deadline For Canada's Mobilicity Delayed By A Week
The court-appointed monitor for struggling Canadian wireless startup Mobilicity has extended the deadline for suitors to bid for the company by a week to Dec. 16, a regulatory filing shows, Reuters reported. Bidders for the Toronto-based startup, which f ...
Daily Headline - global.abi.org - 12/09/2013 - 22:47 - 0 comments
- U.S. Court Upholds Trial Plan Over Defunct Nortel's $7.5 Billion Cash
The fight over defunct Nortel Networks' $7.5 billion in cash will be decided in joint U.S.-Canadian court hearings and not in arbitration, a U.S. appeals court ruled on Friday. The U.S. Court of ... (Canada, Europe, North America, United States) The fight over defunct Nortel Networks' $7.5 ...
Daily Headline - global.abi.org - 12/08/2013 - 23:28 - 0 comments
- Ambac and the New World Order
The controversial rehabilitation plan for the Segregated Account of Ambac Assurance Corporation (“Ambac”) was recently upheld on appeal in a decision that reached some rather revolutionary conclusions on a wide range of issues affecting various policyhol ...
Resource Article - abi_admin - 12/06/2013 - 11:25 - 0 comments - 1 attachment
- Cross-Border Enforcement of Orders in Restructuring Cases
Cross-Border Enforcement of Orders in Restructuring Cases (2013 Winter Leadership Conference Business Reorganization/International committee educational session) - Mark W. Deveno, Rachel E. Albanese, G. Eric Brunstad, Jr., Mark P. Kronfeld, Andrew M. ...
Resource Article - abi_editor - 12/05/2013 - 17:29 - 0 comments - 0 attachments
- Insolvency Law To Improve Business Environment
Actions towards parliamentary passage of an Insolvency Act are proceeding as planned as part of the growth-enhancing structural reforms being established to improve the business environment in Jamaica, according to the October 2013 report of the Internat ...
Daily Headline - global.abi.org - 12/04/2013 - 22:06 - 0 comments
- Dodd-Frank Progress Report December
In the past month, no rulemaking requirement deadlines passed, three rulemaking requirements were finalized and one rule was proposed that would meet four rulemaking requirements. http://www.davispolk.com/sites/default/files/Dec2013_Dodd.Frank_.Progres... Attachment Size dec2013_dodd.frank_.progress.report_0 ...
Resource Article - abi_admin - 12/06/2013 - 11:21 - 0 comments - 1 attachment
- In re KB Toys Inc.: Disallowance Cannot Be Washed Away
In re KB Toys Inc.,1 the US Court of Appeals for the Third Circuit affirmed the holdings of the lower courts that claims subject to disallowance under Section 502(d) of the Bankruptcy Code are “similarly disallowable in the hands of the subsequent transf ...
Resource Article - abi_admin - 12/06/2013 - 11:04 - 0 comments - 1 attachment