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  2. Fisker heads toward liquidation as creditors fight over assets

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    Electric vehicle startup Fisker is headed towards a liquidation, attorneys said in U.S. bankruptcy court on Friday, as two creditor factions previewed a battle over which group will be paid first.

  3. Future uncertain for Sinclair Road 55-plus community after ...

    www.aol.com/future-uncertain-sinclair-road-55...

    Federal court filings list more than 26 pages of creditors whom the Ewings owe, including individuals, banks, credit unions, credit card companies, construction companies, a landscaping company ...

  4. Adversary proceeding in bankruptcy (United States) - Wikipedia

    en.wikipedia.org/wiki/Adversary_proceeding_in...

    Other than their connection to a bankruptcy proceeding, adversary proceedings are largely similar to a standard lawsuit in federal district court. The suit is opened by a complaint filed with the Bankruptcy Court, and proceeds through the same stages of litigation, including discovery and trial (including jury trial in appropriate cases).

  5. Court approves Tupperware's sale to lenders, paving way for ...

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    NEW YORK (AP) — A U.S. bankruptcy judge approved a sale of Tupperware Brands on Tuesday, paving the way for the iconic food storage company to soon exit Chapter 11 protection and continue offering its products while undergoing a hoped-for revitalization. The sale given the court’s green light in Delaware still is subject to closing conditions.

  6. ‘I did not know’: SBF statements highlight legal liability ...

    www.aol.com/finance/did-not-know-sbf-statements...

    Statements Sam Bankman-Fried made in two interviews this week will be closely examined by law enforcement and regulatory agencies probing how FTX handled customer funds.

  7. Ransom v. FIA Card Services, N.A. - Wikipedia

    en.wikipedia.org/wiki/Ransom_v._FIA_Card...

    The bankruptcy court agreed and denied confirmation of the plan. [ 9 ] Ransom appealed to the Ninth Circuit Bankruptcy Appellate Panel, which affirmed, ruling that the expense amount only becomes "applicable" within the meaning of the statute when the debtor actually has such an expense. [ 10 ]

  8. Bartenwerfer v. Buckley - Wikipedia

    en.wikipedia.org/wiki/Bartenwerfer_v._Buckley

    The bankruptcy court adopted the "known or should have known" test arising out of Walker v. Citizens Bank , 726 F.2d 452 (8th Cir. 1984). Under that test, a court should permit the discharge of debt unless the debtor knew or should have known that the debt was incurred through fraud. [ 2 ]

  9. Court approves Tupperware's sale to lenders, paving way for ...

    www.aol.com/court-approves-tupperwares-sale...

    A U.S. bankruptcy judge approved a sale of Tupperware Brands on Tuesday, paving the way for the iconic food storage company to soon exit Chapter 11 protection and continue offering its products ...