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Results: 1-10 of 351

T&E litigation update: Greene v. Mullarkey

  • Day Pitney LLP
  • -
  • USA
  • -
  • August 28 2009

In Greene v. Mullarkey, Case No. 07-30561-HJB, Adversary Proceeding No. 08-03009, 2009 Bankr. LEXIS 2191 (Bankr. D. Mass. Aug. 13, 2009), Christine Greene, her brother Matthew Mullarkey, and his wife Nicole Mullarkey were entangled in what the Bankruptcy Court described as an intra-family feud

Whose power has been diminished?

  • Shepherd & Wedderburn LLP
  • -
  • United Kingdom
  • -
  • May 31 2007

In an important decision for commercial property landlords, the High Court in Prudential Assurance Co Ltd and Others v PRG Powerhouse Limited and Others has ruled that a CVA (defined below) cannot operate so as to prevent landlords from enforcing a parent company guarantee

Property matters

  • Cobbetts LLP
  • -
  • United Kingdom
  • -
  • May 31 2007

There are not many legal cases which are claimed to have a potential financial impact of £38bn across the property industry, or to represent ‘Armageddon’, but both these claims were made in relation to Prudential Assurance Company Ltd v PRG Powerhouse Limited

Do I need insurance for my title insurance?

  • Seyfarth Shaw LLP
  • -
  • USA
  • -
  • January 23 2009

In the insurance industry, title insurance is known as a “long-tailed” liability risk, which means that it is common for claims to be made many years after policies are issued

A balancing exercise

  • Wragge & Co LLP
  • -
  • United Kingdom
  • -
  • January 21 2009

Repossession of a bankrupt's property will be ordered unless there are exceptional circumstances making such an order inappropriate

Additional risks landlords should consider when taking letters of credit from commercial lease tenants

  • Pillsbury Winthrop Shaw Pittman LLP
  • -
  • USA
  • -
  • May 25 2009

In the last decade, commercial landlords have favored obtaining from tenants standby letters of credit over security deposits because standby letters of credit provided added security in the event of a tenant’s bankruptcy

Repair costs included in ‘damages’ for lease termination

  • Reed Smith LLP
  • -
  • USA
  • -
  • July 31 2007

Is a landlord’s ability to recover repair costs chargeable to the lessee limited because such repair costs are included in “damages resulting from the termination of a lease of real property” pursuant to section 502(b)(6) of the Bankruptcy Code?

Landlords, will an administrator pay your rent in full?

  • RPC
  • -
  • United Kingdom
  • -
  • October 1 2009

In the current recession landlords are among the first to lose out when a company goes into insolvency, be it a pre-pack sale or a conventional administration process

Sixth Circuit affirms bankruptcy court's decision permitting cramdown of a secured creditor's interest in an unattached mobile home and land

  • Bricker & Eckler LLP
  • -
  • USA
  • -
  • June 5 2009

On April 29, 2009, the Sixth Circuit affirmed a bankruptcy court decision that debtors may cram down a secured creditor’s interest in an unattached mobile home and land on which the mobile home sits

Re Reynolds - Official Assignee v Wilson and another

  • Ogier
  • -
  • New Zealand
  • -
  • February 23 2009

Mr Reynolds (the 'Settlor') was the settlor of the GM Reynolds Family Trust (the 'Trust') under which he appointed Messrs Wilson and Harvey as trustees (the 'Trustees'