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In the mortgage context, the term "cramdown" has a distinct meaning than in a chapter 11 corporate bankruptcy. Instead of referring to the confirmation of a plan over the objection of an impaired class of creditors, a mortgage cram-down refers to reducing the creditor's allowed secured claim to the value of the collateral property.
A video of the assault was published online on 25 March 2011 and quickly went viral, allegedly prompting one of the perpetrators to threaten netizens with lawsuits and forge a settlement letter from the victim. The settlement letter, supposedly signed by the victim, offered the families of the perpetrators NT$100,000 (US$4,650 in 2024 [5] [6 ...
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The examples and perspective in this article deal primarily with the United Kingdom and do not represent a worldwide view of the subject. You may improve this article, discuss the issue on the talk page, or create a new article, as appropriate.
Many of these cases have lead to class action lawsuits and proceedings by the Federal Trade Commision (FTC), resulting in a number of settlements worth millions — or even billions — of dollars ...
The settlement aims to clear nearly 100,000 lawsuits filed by consumers ranging from homeowners to farmers who say they developed cancer because of the product. Some 25,000 cases still remain.
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]
Verizon settlement payments have started hitting customers' bank accounts as part of a $100 million resolution of a class-action lawsuit. Eligible customers had until April 15 to claim their share ...
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