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Debtors News Monitoring

  • Published on Mar 28, 2025

    Argentina government seeking $20 billion IMF loan

    BUENOS AIRES Argentina has sought a $20 billion loan from the International Monetary Fund, the country's Economy Minister has said, as the government struggles to hold on to foreign reserves while propping up an ailing currency. In addition to the $20 …

    Source: Hurriyet Daily News - Pro-Government
  • Published on Mar 28, 2025

    Demystifying the Swamp: Executory Process in Louisiana

    Some commentators are predicting that the declining foreclosure rates witnessed in 2024 could begin to trend upward this year. This potential upward trend underscores the importance of banking institutions and other mortgage holders understanding the …

    Source: National Law Review - Neutral
  • Published on Mar 28, 2025

    Hudson’s Bay now seeks to close all 96 stores in Canada; liquidation could start Tuesday

    Hudson’s Bay is proposing to initiate a full liquidation of all of its 96 stores as early as Tuesday, putting some 9,000 jobs on the chopping block, if an Ontario court approves the company’s plan. The oldest company in Canada spent Monday at Ontario …

    Source: Toronto.com - Label Pending
  • Published on Mar 28, 2025

    Bar Louie to Continue Normal Operations During Chapter 11 Restructuring

    DALLAS, March 27, 2025 /PRNewswire/ -- Bar Louie announced today that it has reached an agreement with its lender to reduce debt and support the company through a Chapter 11 restructuring plan for its 31 corporate-owned locations. Operations will …

    Source: WFMZ - Pennsylvania - Neutral
  • Published on Mar 28, 2025

    Supreme Court Decides United States v. Miller

    On March 26, 2025, the United States Supreme Court decided United States v. Miller, No. 23-824, resolving a circuit split and holding that in an action brought under § 544(b) of the bankruptcy code, § 106(a)’s sovereign immunity waiver applies only to the …

    Source: JD Supra - California - Neutral
  • Published on Mar 28, 2025

    Can a Foreign Judgment Debt Directly Give Rise to Insolvency Proceedings in England?

    The Court of Appeal has held that seeking satisfaction of a foreign judgment debt using a statutory demand and the spectre of bankruptcy proceedings first requires the judgment to be recognised in this jurisdiction. ENFORCEMENT OF FOREIGN JUDGMENTS – …

    Source: JD Supra - California - Neutral
  • Published on Mar 27, 2025

    Bankruptcy – Fraud – Note

    U.S. Bankruptcy Court Where plaintiff creditors have alleged that the defendant debtor made false representations on which they relied when they entered into a transaction to sell stock and receive a promissory note in the amount of $3.53 million, the …

    Source: Massachusetts Lawyers Weekly - Label Pending
  • Published on Mar 28, 2025

    Iowa grain dealer files for bankruptcy; farmers can file for indemnity for 120 days

    A St. Louis-based company with an Iowa grain dealer license has filed for Chapter 11 bankruptcy.  Iowa farmers with unpaid grain sold to Benson Hill Holdings, Inc. prior to March 20, can file a claim for indemnity, according to the Iowa Department of …

    Source: Iowa Capital Dispatch - Center-left
  • Published on Mar 28, 2025

    SC slams NCLAT for ignoring precedent, calls move ‘perverse’

    The Supreme Court has criticised the National Company Law Appellate Tribunal (NCLAT) for disregarding a binding precedent set by the apex court to the effect that once a resolution plan is approved by the National Company Law Tribunal, claims not included …

    Source: Hindustan Times - Uncategorized
  • Published on Mar 27, 2025

    Targeted ads make compulsive buying easy. Here's how to spend mindfully

    In a reversal of the purchase reveals that TikTokers are famous for – opening packages and showing off new goods for viewers – a fresh social media trend is taking hold: "Low Buy 2025." The idea behind the trend, also known as "No Buy 2025,…

    Source: Philly Voice - Left-wing
  • Published on Mar 27, 2025

    Remember Me Senior Care files Chapter 11 bankruptcy

    Remember Me Senior Care, a Cleveland-based assisted living and memory care company, has filed for Chapter 11 bankruptcy protection due to alleged financial misdeeds by one of its co-founders, according to a petition filed in the U.S. Bankruptcy Court for …

    Source: Cleveland Daily Banner - Tennessee - Label Pending
  • Published on Mar 27, 2025

    Commercial insolvency and the risk of winding up

    Defaulting debtors have been around for as long as debt arrangements have existed. As such, creditors and lawmakers have spent centuries trying to find effective debt enforcement strategies. A creditor in Medieval Venice could keep a defaulting debtor …

    Source: Polity - Label Pending
  • Published on Mar 27, 2025

    PLAYERS Community Senior Center announces April schedule

    The following programs will be held at COA’s THE PLAYERS Community Senior Center, 175 Landrum Lane, Ponte Vedra Beach, beginning in April. Most classes are four weeks long and begin April 1. If you have any questions, call the center at 904-209-3659. Lunch …

    Source: Ponte Verda Recorder - Florida - Label Pending
  • Published on Mar 27, 2025

    How to File Business Bankruptcy in 2025: Step-by-Step Guide

    The decision to file bankruptcy as a business owner is not an easy one to make. Filing bankruptcy is a time-consuming and expensive process, and one that can be a black mark on your credit, making it difficult to secure loans or other sources of funding in …

    Source: Fit Small Business - Neutral
  • Published on Mar 27, 2025

    Mystery red paint attacks are ‘part of Chinese gang war’

    A turf war among organised Chinese crime gangs is suspected to be behind a spate of attacks on properties across England that have been splashed with red paint and daubed with the word “brothel”. The motive had been unclear, with speculation they were part …

    Source: The Times - Center-right
  • Published on Mar 27, 2025

    10 best anime to watch if you like Squid Game

    Squid Game took the world by storm when it was released on Netflix in September 2021. The Korean thriller survival drama tells the story of a group of people participating in a series of children's games with deadly consequences for the losers. With …

    Source: Sportskeeda - Neutral
  • Published on Mar 27, 2025

    Boston Market in Worcester seized by state over taxes as chicken franchise spirals

    A Boston Market location on Park Avenue in Worcester has been seized by state officials, the latest issue for both the location and the once-prominent rotisserie chicken franchise.  The doors to the Boston Market at 14 Park Ave. were chained as of Thursday …

    Source: Worcester Business Journal - Massachusetts - Neutral
  • Published on Mar 27, 2025

    LEGAL NOTICES: March 20-26, 2025

    INVITATION TO BID BID NO. PW1025-05 GLO #24-067-001-E186   This project will be federally funded by the U.S. Housing and Urban Development (HUD) Department through the Texas General Land Office (GLO) via contract #24-067-001-E186. Bidders shall comply with …

    Source: The Examiner - Texas - Label Pending
  • Published on Mar 27, 2025

    Hudson's Bay could potentially win more time to save 6 stores so far spared from liquidation

    Canada's oldest company, Hudson's Bay, may be on the verge of gaining more time to save the six stores it has temporarily been able to rescue from liquidation. An Ontario court has spent the last two days hearing from lawyers about a proposed …

    Source: CBC/Radio-Canada - Public Broadcaster

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