Latest News for: Creditor

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Legal-Ease: What assets are safe from creditors?

Lima Ohio 12 Jun 2021
The question in these circumstances becomes, “What can creditors take from me if I do not pay my bills?” Importantly, something that is used as collateral for a loan can always be recovered by a creditor if the loan is not paid ... In Florida, the entire value of a person’s primary residence is protected from creditors.
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JP Infra creditors to vote on NBCC, Suraksha offers

The Economic Times 11 Jun 2021
Jaypee Infratech’s creditors have accepted the resolution plans of NBCC and the Suraksha Group for the bankrupt developer and decided to put both offers to vote next week to select the winner, people with direct knowledge of the matter said ... .
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Samarco offers creditors shares or 85% haircut - sources

Mining Weekly 11 Jun 2021
Samarco filed for bankruptcy protection in April to prevent creditors' claims from affecting operations ...
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DAVIDsTEA Creditors Approve CCAA Plan of Arrangement

Nasdaq Globe Newswire 11 Jun 2021
... of creditors of DAVIDsTEA and of DAVIDsTEA (USA) Inc., its wholly-owned U.S.
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DavidsTea creditors approve plan to split $18M owed by insolvent beverage company

CTV 11 Jun 2021
Insolvent beverage company DavidsTea Inc. says creditors have approved its plan of arrangement to distribute about $18 million to them in Canada and the U.S ... .
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Dividend to creditors affected by the financial restructuring (Norwegian Air Shuttle ASA)

Public Technologies 11 Jun 2021
News - 11 June 2021 12.06 Dividend to creditors affected by the financial restructuring ... Pursuant to the Restructuring Proposal certain creditors of the Company are entitled to receive a dividend in respect of any valid claim towards Norwegian ... of such creditors' original claims.
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Samarco offers creditors shares or 85% haircut – sources

Mining Dot Com 11 Jun 2021
The ‘haircut’ plan proposes discounts of 85% on the amount to be paid to the company’s largest creditors who do not accept preferred shares in the mining company, people with direct knowledge of the plan told Reuters ... To the main group of creditors, ...
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Brazil miner Samarco offers creditors shares or 85% haircut - sources

Reuters 11 Jun 2021
Samarco filed for bankruptcy protection in April to prevent creditors' claims from affecting operations that restarted at the end of 2020, more than five years after a tailings dam collapsed causing one of Brazil's worst environmental accidents ... If creditors do not ...
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Norwegian Air Shuttle ASA (NAS) – Dividend to creditors affected by the financial restructuring (Norwegian Air Shuttle ASA)

Public Technologies 11 Jun 2021
Pursuant to the Restructuring Proposal certain creditors of the Company are entitled to receive a dividend in respect of any valid claim towards Norwegian. Such dividend will consist of a cash element and a dividend claim element (together the 'Dividend') and be delivered in full and final satisfaction of such creditors' original claims.
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DAVIDsTEA Creditors Approve CCAA Plan of Arrangement (DavidsTea Inc)

Public Technologies 11 Jun 2021
DAVIDsTEA Creditors Approve CCAA Plan of Arrangement ... "We are very pleased that the CCAA process is nearing completion and again express our appreciation to our creditors for their understanding", said Herschel Segal, DAVIDsTEA's Chairman and Founder.
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Creditors to vote on NBCC's, Suraksha's final offers for bankrupt Jaypee Infratech

The Economic Times 10 Jun 2021
According to sources, the CoC, which includes members of 13 banks and a representative of over 20,000 homebuyers, decided to put to vote the resolution plans of both the parties ... .
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Creditors decide to put NBCC, Suraksha's Jaypee Infra bids to vote from Monday

The Economic Times 10 Jun 2021
Jaypee Infratech’s creditors have accepted the resolution plans of NBCC and the Suraksha Group for the bankrupt developer and decided to put both offers to vote next week to select the winner, people with direct knowledge of the matter said ... .
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Jaypee Infratech resolution: Committee of Creditors of JIL to vote on NBCC, Suraksha bids next week

Financial Express 10 Jun 2021
This is the fourth round of the bidding process in JIL’s bankruptcy case. The company went into the insolvency process in August 2017 after the National Company Law Tribunal (NCLT) admitted an application by an IDBI Bank-led consortium ... .
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PROBATE NOTICE TO CREDITORS

Sunnyside Daily Sun 10 Jun 2021
IN THE SUPERIOR COURT OF WASHINGTON IN AND FOR YAKIMA COUNTY. In Re The Estate of.. GEORGIA L WATT. Deceased. No. 21-4-00361-39. PROBATE NOTICE TO CREDITORS (RCW 11.40.030). The Personal Representative named below has been appointed as Personal Representative of this Estate ... The claim must be presented by the later of ... Personal Representative ... ....
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Creditors to vote on NBCC, Suraksha final offers for bankrupt-Jaypee Infratech

Live Mint 10 Jun 2021
Jaypee Infratech's financial creditors on Thursday decided to put the bids of NBCC and Suraksha group to vote after both parties submitted final offers for the debt-laden company ... A meeting of the Committee of Creditors (CoC) was held to discuss the resolution plans of the two ...
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