One of the most interesting and talked about creditor-debtor — and thus asset protection — cases in recent years was the one which was the subject of my article Lawyer, Law Firm And Bank Exposed To ...

A fraudulent transfer is an attempt to avoid a debt by improperly transferring assets to a third party, or a transfer of assets for less than fair value made while the company is insolvent or will ...

In Momentum, the Debtor hired DCA Drilling & Construction (DCA) in 2010 to work on 200 acres of property that the Debtor owned. In 2012, the Debtor transferred the land to Pyramid Center Inc.

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August 26, 2024 - It's 1979, and Jerry Buss (John C. Reilly) bought the Lakers. His financing loan from Great Western Bank is due tomorrow. But he has other ideas, opens new tab. (4) threaten ...

WASHINGTON (CN) — The Supreme Court plugged a bankruptcy loophole Wednesday and blocked a trustee from recovering tax payments for employees who worked without full pay at a Utah-based transportation ...

The Ninth Circuit, reversing the Tax Court and remanding with instructions to enter judgment in favor of the IRS, found that former shareholders of a liquidated broadcasting company were liable as ...

John E. Sullivan III is a founding member of the law firm of Sullivan & Sullivan, Ltd. Mr. Sullivan represents debtors, creditors, and other interested parties in collections, bankruptcy and asset ...

A thief stole $719,583 from the Flagler County School District through an electronic funds transfer via a computer, Flagler County Sheriff Rick Staly said at a press conference Wednesday. The money ...

AUSTIN (KXAN) — The Texas Office of Attorney General, or OAG, asked a Panola County court on Wednesday to block a Texas company from paying out dividends to investors while its lawsuit against the ...