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Bilanț COVID-19 la Cluj

Bilanț COVID-19 la Cluj
ziarulfaclia.ro - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ziarulfaclia.ro Daily Mail and Mail on Sunday newspapers.

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Fire Victim Trust letter to 2017-18 PG&E fire survivors details payments issued so far

Lobo Fire (Nevada County)
Pocket Fire (Sonoma County)
Sulphur Fire (Lake County)
Tubbs Fire (Sonoma and Napa Counties)
Many of the questions Action News Now asked the FVT concerned finances and transparency. Action News Now was told on Tuesday that a detailed accounting of all the Trust expenses through December 31, 2020, will be filed with the Court later in the month of April, along with an update on claims payments.
As of Monday, the FVT reports that 7,364 Preliminary Payments have been issued for a total of $95,523,500.
Pro-Rata Payments of 30% of approved and signed-off claims have also been reported. 183 Pro-Rata Payments have been issued to fire survivors so far, totaling $45,816,527. The average of each of the 183 payments is $250,363. ....

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Usain "Belk" — The Fastest Prepack Alive? | McGuireWoods LLP

Usain "Belk" — The Fastest Prepack Alive? | McGuireWoods LLP
jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.

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Pacific Drilling Announces Successful Completion of Balance-Sheet Restructuring and Emergence from Chapter 11 Process - Press Release

Pacific Drilling Announces Successful Completion of Balance-Sheet Restructuring and Emergence from Chapter 11 Process
LUXEMBOURG (Business Wire) Pacific Drilling S.A. (the “Company”) announced today that the Company and each of its debtor affiliates have emerged from the Chapter 11 process, signaling the successful completion of the Company’s balance-sheet restructuring and the implementation of the
Modified First Amended
Joint Plan of Reorganization of Pacific Drilling S.A. and its Debtor Affiliates Pursuant to Chapter 11 of the Bankruptcy Code (the “Plan”) confirmed by the United States Bankruptcy Court for the Southern District of Texas on December 21, 2020.
Pursuant to the Plan, all of the Company’s outstanding common shares were deemed to have no value and will receive no recovery. In accordance with the restructuring transactions contemplated by the Plan, upon emergence, the Company has a new parent company, Pacific Drilling Company LLC, a Caym ....

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First Impressions: Tenth Circuit BAP Rules that Section 364 of the Bankruptcy Code Does Not Apply to Chapter 11 Exit Financing | Jones Day

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The ability of a bankruptcy trustee or chapter 11 debtor-in-possession ( DIP ) to obtain credit or financing during the course of a bankruptcy case is often crucial to the debtor s prospects for either maintaining operations pending the development of a confirmable plan of reorganization or facilitating an orderly liquidation designed to maximize asset values for the benefit of all stakeholders. In a chapter 11 case, financing (and/or cash infusions through recapitalization) also is often a key component of the reorganized debtor s ability to operate post-bankruptcy. Section 364 of the Bankruptcy Code includes provisions specifically governing the circumstances under which a trustee or DIP can obtain credit or financing, including secured financing that primes existing secured creditors liens, during a bankruptcy case. It is unclear, however, whether those provisions apply to post-confirmation exit financing. ....

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