bankruptcy cases california
Can shareholders of a Bankrupt company take over the shell of the corporation even though it is still in BK?
A group of shareholders of a Bankrupt California Corporation (which has been suspended for over five years by the Secretary of States office) would like to reinstate the corporation, change the name of the corporation, change the EIN # and merge a new company into it even though a final disposition of its bankruptcy case has not been issued. Can the shareholders do this without reprocussions from the Bankruptcy Judge. I am just so so tired of the shareholders getting pooped on during a bankruptcy. We will be left with nothing unless we take matters into our own hands.
No. As long as it’s in BK you can’t do anything. Approach the presiding court, that’s your only possibility.
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The Rainmaker $3.49 When viewed from a cranky perspective, this by-the-book David vs. Goliath story doesn’t offer any surprises, and it’s a bit sad to watch director Francis Coppola (who also adapted John Grisham’s bestseller) squandering his once-glorious talent on such conventional Hollywood fare. In a more charitable light, however, there’s great pleasure to be found in Coppola’s intelligent, no-nonsense handling … |
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Represent Yourself In Court: How to Prepare & Try a Winning Case $1,216.28 Prepare and present a winning civil court case! Written in plain English, Represent Yourself in Court breaks down the trial process into easy-to-understand steps so that you can act as your own lawyer — safely and efficiently. Find out what to say, how to say it, even where to stand when you address the judge and jury. Armed with these simple but thorough instructions, you’ll be well prepar… |
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Bankruptcy Investing: How to Profit from Distressed Companies (2nd Edition) $30.03 Corporate bankruptcies are at an all-time high, and this trend is likely to continue. Bankruptcy Investing introduces investors to the risky but lucrative opportunities to invest in the securities of troubled companies. Every area of this exciting field is described in complete detail. Real-world examples illustrate the explanations. Companies in distress may go through an informal or formal worko… |
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Big Bets Gone Bad: Derivatives and Bankruptcy in Orange County. The Largest Municipal Failure in U.S. History $31.83 How can a municipal investment pool, which is supposed to be safe, lose billions of dollars? What are derivatives and how did they contribute to this tragedy? In December 1994, Orange County became the largest municipality in U.S. history to become bankrupt. By borrowing heavily and placing the wrong bets, Orange County Treasurer Robert Citron lost $1.7 billion of Orange County’s $7.4 billion inve… |
