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LightSquared could petition a bankruptcy judge to extend that "exclusivity" period for as long as 18 months. Still, lenders in the end would have to bless LightSquared's bankruptcy plan, and they could ask a judge to shorten or end the company's ...
May 13, 2012 at 14:38 | Source: Wall Street Journal
Houghton Mifflin plans to fund its restructuring and exit from bankruptcy with a $500 million financing commitment from lenders led by Citibank, according to the Chapter 11 petition it filed in the U.S. Bankruptcy Court in Manhattan. With a plan ...
May 21, 2012 at 19:29 | Source: Wall Street Journal
Their impeachment petition claims Brewer, among other things ... Caused the city to violate loan covenants with lenders. Springer said it was unfair that the mayor be subjected to an impeachment effort so close to the election.
May 24, 2012 at 15:29 | Source: Everything Alabama Blog
Dimon's presence on the board is dead wrong, says Simon Johnson, a professor of economics at the MIT Sloan School of Management and a noted Wall Street critic who is leading a petition drive ... creates a "perception" that lenders may skew the regulator's ...
May 24, 2012 at 20:58 | Source: CBS News
Massachusetts home foreclosure petition filings increased dramatically in March 2012 ... Foreclosures Up From Start to Finish In March 2012, Massachusetts residential mortgage lenders filed 1,621 foreclosure petitions, a 12-month increase of more than ...
May 26, 2012 at 07:48 | Source: 24-7PressRelease.com
TOUSA had entered into the New Term Loans six months prior to the Petition Date in order to finance repayment of the Transeastern Lenders and to resolve litigation relating to a related failed joint venture. Unlike the debt owing to the Transeastern ...
May 18, 2012 at 10:14 | Source: Mondaq
He anticipates a petition in the next few days “with the buy-side ... The Treasury’s plan reflects the challenge of unwinding holdings in lenders that are still trying to recover from the six-year residential real estate slump.
May 18, 2012 at 02:21 | Source: Bloomberg
They said setting too low an interest rate would force lenders out of business. "While we have confidence the court's decision that invalidated their petition will be upheld on appeal, we also know in the meantime an active challenge to their ...
May 7, 2012 at 00:47 | Source: Columbia Missourian
The Transeastern Lenders demanded repayment of the Transeastern Loans under ... that was made or incurred on or within 2 years before the date of the filing of the petition, if the debtor voluntarily or involuntarily received less than a reasonably ...
May 25, 2012 at 16:54 | Source: jdsupra.com
The law already gives the CFPB specific authority to supervise mortgage companies, payday lenders and private student loan lenders ... After two years, the company can petition the director for termination of supervision. “Although the Dodd-Frank ...
May 24, 2012 at 17:38 | Source: The BLT: Blog of Legal Times