PPT-Creditors’ Rights and Bankruptcy

Chapter 15 Secured Transactions Article 9 of UCC A transaction in which the payment of a debt is secured by collateral Secured Transactions Collateral Property including accounts and chattel paper ie a note evidencing a debt secured by personal property which is subject to a security interest. Chapter 11 Bankruptcy is the process created by the United States Bankruptcy Code to preserve the going concern value of operating businesses and to allow for a decision to be made by company’s creditors and equity holders or the Bankruptcy Court (if agreement cannot be reached) as to how such going concern value will be shared, distributed or reallocated. or A bankruptcy case concerning the debtors list ed below was originally filed under chapteron date and was converted to a case under chapter 11 ondate You may be a creditor of the debtor This notice lists im portant deadlines You may want to consu Succession Planning and Strategies for Harvesting and Ending the Venture. McGraw-Hill/Irwin. Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. .. Learning Objectives. To understand the planning that is necessary to allow for the effective succession of ownership or leadership in a business. Domestic Support Obligations. Danger at the Intersection of Domestic Support and Bankruptcy. The Bankruptcy Code was amended in 2005 with a great deal of focus on protecting DSO creditors. When the Code was initially written in 1978, very few provisions dealt with what are now defined as “DSOs.” . Accounting . for. Legal . Reorganizations. . and . Liquidations. Copyright © 2015 . McGraw-Hill . Education.. . All . rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.. Presenters: Alex Ng, D. Manning & Associates Inc.. . Shelley . Koehli. , . Smythe. . Ratcliffe. Insolvency Inc.. . Colleen Craig, C.E. Craig & Associates Inc.. . Lucas Matsuda, PricewaterhouseCoopers Inc.. Francyne. Hunter, Allan Marshall & Associates. . Marianne Steele-. MacSween. , . MacKenzie,Gillis. , MacDougal Inc.. . Dawn Golding, Golding and Associates Ltd.. . Ryan DeMerchant, Canada Revenue Agency. Council . For Fair Business Practices. “. Our Mission.  . “We shall promote the highest ethical practices, by business & professionals, in order to Provide complete satisfaction to consumers & other stakeholders.”. Insolvency as a Debt Recovery Tool. Presented. by . Freeths. LLP and . Weightmans. LLP 15/01/2015. Peter Brewer. Weightmans. LLP. BANKRUPTCY AS A RECOVERY METHOD. Graham Danby. Freeths. LLP. About me . To discuss financial laws, policies and regulations in financial law.. To understand how company and industry policies affect industry practices.. To show major instances of noncompliance with financial laws, policies and regulations.. Chapter 26 Bankruptcy, Workouts, and Corporate Reorganization Chapter Outline 26.1 Introduction 26.2 What is Financial Distress and Failure ? 26.3 Voluntary Restructuring and Corporate Focus 26.4 Bankruptcy Unit 3: Operational Law For Business . Legal Environments of Business. Essential Questions: . What is bankruptcy? . What are some types of debtor protection available under law? . What is the difference between Chapter 7 and . The Bankruptcy Code defines “consumer debt” as debt incurred by an individual primarily for a personal, family, or household purpose. 11 . U.S.C. . § 101(8). . Not business debt.. Can be chapter 7, 11, 12, or13 . : . Distressed. . Firms. Università Carlo Cattaneo – LIUC. School of . Economics. and Management. Corporate Governance – A.Y. 2014/2015. Prof. Avv. Maurizio Allegro . Pontani. December. , 5th.