Bankruptcy

Hospitality Investors Trust Bankruptcy – Notice to Investors

Investor Alert: Hospitality Investors Trust REIT Hospitality Investors Trust REIT and its operating partnership have filed for bankruptcy and investors are suing to recover their losses. NEW YORK CITY, NY, USA, June 23, 2021 /EINPresswire.com/ – Last week, Hospitality Investors…

The guarantor of the debtor’s bankruptcy

In a guarantee, the guarantor assumes an obligation in favor of a creditor to pay in place of the principal in the event of default (conditional, secondary obligation). A guarantee is a contract distinct from the contract by which the…

Omega Insurance surrogacy scandal exceeds $ 6 million in claims

(Image via Getty) The damage caused by the Omega PregnancyCare insurance scandal continues to mount. The court-appointed liquidators for the separate Cayman-based holding company – which housed the primary insurance entity of the insurance product sold in the United States…

Struggling hotels can provide cover service, cannot be turned down for subchapter V bankruptcy

May 26, 2021 Subchapter V of Chapter 11 of the Bankruptcy Code, which entered into force in February 2020, creates a more streamlined and less costly Chapter 11 reorganization pathway for small business debtors. It has proven popular during the…

Jackie Shroff files for bankruptcy after Boom failure: “My wife didn’t want the house” | Bollywood

Jackie Shroff spoke about the financial crisis he and his family went through after Boom’s box office failure. The actor had to sell his house and worked twice as hard to pay off the debts. Boom released in 2003. The…

Norwegian Air Shuttle appoints new CEO after bankruptcy

Image Title: Geir Karlsen. Source: Norwegian Air Shuttle Norwegian Air Shuttle ASA (OTC: NWARF) appointed Geir Karlsen as chief executive on Monday, a day after the company’s board of directors decided to immediately terminate the contract with former chief Jacob…

Fraudulent means of transport | Free human rights

Section 548 of the Bankruptcy Code gives a trustee in bankruptcy (or the debtor-in-use) the power to set aside or “avoid” certain transfers of assets from the debtor out of the bankruptcy estate that might otherwise put assets beyond the…

House Tories slam Biden’s budget on the verge of bankruptcy, present separate plan for “fiscal stability”

FIRST ON FOX: Largest House Conservative caucus releases new playbook to fight President Biden’s $ 6 trillion budget proposal, calling for abortion provisions, tax hikes and expansion of “the welfare state”. The Republican Study Committee (RSC) shares a new document…

The Private and Public Joe Biden: Belief and Politics

President Trump has led the US government propaganda that the coronavirus originated from the WIV. However, even after twelve months, the US government failed to provide factual or scientific evidence. Now, the ‘dark web’ inspired Biden administration has tasked the…

Chattanooga pro-lifers celebrate 28 years without an abortion clinic – Catholic Telegraph

by Joe Bukuras Knoxville, Tenn., May 19, 2021 / 5:50 p.m. America / Denver (CNA). The pro-life community of Chattanooga, Tennessee, this week celebrated its 28th anniversary of not having an abortion clinic in the city. “The Great Chattanooga Right…