- On October 12, 2011, the Bankruptcy Court for the Southern District of New York brought TerreStar Network’s Chapter 11 bankruptcy proceeding one step closer to conclusion by approving the debtor’s $98 million settlement with two separate creditor groups over a certain purchase money credit agreement.
USA, Insolvency & Restructuring, Litigation, ArentFox Schiff, Confidentiality, Bankruptcy, Credit (finance), Debtor, Injunction, Testimony, Witness, Subpoena, US Department of Justice, Google, Dish Network, United States bankruptcy court, US District Court for District of Columbia
While uncertainties loom around the auto industry, suppliers and OEMs can try to prepare for the road the lies ahead.
USA, Insolvency & Restructuring, Bricker & Eckler LLP, Bond (finance), Bankruptcy, Letter of credit, Credit (finance), Dividends, Accounts receivable, Supply chain, Bailout, Troubled Asset Relief Program, US Federal Government, General Motors, Chrysler, Title 11 of the US Code, Uniform Commercial Code (USA)
The revisions to Ohio’s exemption law set forth in O.R.C. §2329.66 become effective on September 25, 2008 by Senate Bill 281 that was signed by Governor Strickland on June 27, 2008. The purpose of the changes to Ohio’s exemption law is to increase the exemptions for property that a debtor may hold exempt from execution, garnishment or sale for the satisfaction of a judgment. Ohio’s current exemptions have not been revised since 1979, and the current exemptions do not reflect the costs of living in 2008.
USA, Ohio, Insolvency & Restructuring, Bricker & Eckler LLP, Tax exemption, Credit (finance), Debtor, Testimony, Personal property, Economy, Consumer price index, Capital punishment, Earned income tax credit