2. Language tailored to the suit: The plaintiff and the proposed receiver need to negotiate what other orders would be helpful. These will vary from case to case, but may include the following: a. If ...
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The receivership overseeing the welfare of 1,500 tenants in Skid Row is verging on insolvency, unable to borrow money and piling up $1.7 million in unpaid bills. The financial circumstances have ...
Two troubled metro Detroit malls have come under new management and one of them recently went into receivership amid financial woes. The Mall at Partridge Creek in Clinton Township and Fairlane Town ...
PROVIDENCE, R.I. (WJAR) — Providence Place mall has been ordered into receivership by a superior court judge, according to court documents. The downtown landmark recently celebrated 25 years in August ...
Receiverships are a flexible, court-supervised tool that can help troubled companies and individuals with business debts avoid a lengthy bankruptcy proceedings. A receiver acts much like a bankruptcy ...
A federal judge is considering whether to place the V.I. Waste Management Authority into receivership, after years of noncompliance with a consent decree mandating closure of the territory’s landfills ...
A receivership debacle dangles over the Ikeja Electricity Distribution Company (IKEDC), alongside First Independent Power Limited and Egbin Power Plc- all subsidiaries of Sahara Energy Group, Ikeja ...
The North Carolina Commercial Receivership Act went into effect a year ago. The Act, codified in Article 38A of Chapter 1 of the North Carolina General Statutes, was the first substantive update to ...