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...Chapter 11’s “descent into lawlessness”....
...s=46&t=sHLp3DbiINVc5keG0SC8fQ There are other interesting details in the WSJ piece....
...Marc Kirschner, the bankruptcy trustee, argues that these legal risks were not disclosed to investors because loans, wrongly, aren’t considered securities....
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...Under French law, the move is a voluntary step before a potential court-supervised debt restructuring....
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...The slower expectations for the transition come as companies make U-turns on their climate pledges and governments double down on fossil fuels amid energy security concerns....
...Right, we’ve gotten that impression from heaps of testimony and bankruptcy documents....
...Pursuant to 28 U.S.C. § 517, the Attorney General of the United States is authorized to send any officer of the Department of Justice to “attend to the interests of the United States in a suit pending in...
...Four-figure discrepancies were all it took for upstanding local businesspeople to be driven to court, bankruptcy and even suicide....
...August 14, 2023: Prime Trust, LLC and certain of its affiliates filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware...
...of the United States in which the United States is interested.” 28 U.S.C. §§ 517, 518....
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...It would be a test of South Africa’s own legal system and the authority of the courts.”...
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