Meeting of Creditors

Meeting of Creditors

One of the first steps in federal Bankruptcy proceedings whereby the creditors of a debtor meet in court to present their claims against him or her and a trustee is named to handle the application of the debtor's assets to pay his or her debts.

References in periodicals archive ?
IN THE MATTER OF THE COMPANIES ACT 2014 AND IN THE MATTER OF EDMA TRADE LIMITED Notice is hereby given pursuant to Section 586 of the Companies Act 2014 that a Meeting of Creditors of the above named company will be held at The Clarion Hotel, Liffey Valley Complex, Fonthill Road, Dublin 22 on Friday, the 15th day of September 2017, at 4:00pm for the purposes mentioned in Sections 586 and 588 of the Companies Act 2014.
For a meeting of creditors to be valid, it is necessary that creditors representing at least three-fifths of the debtor's liabilities (not including those not affected by the suspension order like secured creditors) are present.
The owners of the eaterie, which specialised in handmade sausages, have called a meeting of creditors, which was been announced in the London Gazette.
Notice of First Meeting of Creditors Phoenix Interiors (North West) Limited.
Notice is hereby given pursuant to Section 98 of the Insolvency Act 1986 that a meeting of creditors of the above company will be held at Inksters, 5th Floor The Exchange Glasgow G2 5LA on 27/11/2014 at 1.
They include, in the first instance, the next meeting of creditors - which is set to take place in mid-July.
Riche kg submitted a proposal to the meeting of creditors of Kristall semiconductor plant in Tash-Kumyr, where it presented a draft of purchase and sale contract, Economy Ministry's Bankruptcy Department Director Bolsunbek Kazakov told Tazabek.
A meeting of creditors is being convened on January 14.
The terms of his IVA were agreed at a meeting of creditors supervised by Sandra McAlister of McAlister & Co Insolvency Practitioners of Swansea.
Fayetteville developer Brandon Barber answered questions about his assets and liabilities last week at the first meeting of creditors since he filed Chapter 7 bankruptcy on July 31.
Dudley-based meat wholesaler Clintons (Quality Foods) Ltd is to be dissolved after a meeting of creditors earlier this month.
A meeting of creditors will be held at the Deva Stadium at 11am, then an hour later the shareholders of the club will be advised of the outcome of the previous meeting.