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Liquidators / Receivers / Examiners / Legal
Liquidators / Receivers / Examiners / Legal - Trends
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The South Bay Law Firm Law Blog highlights developing trends in bankruptcy law and practice. Our aim is to provide general commentary on this evolving practice specialty. Saturday, June 27th, 2009 Nearly two weeks ago, this blog highlighted further scuffling in the ongoing contest for administrative control between Ralph Janvey – a federal receiver appointed at the SEC’s behest to seize and administer financial assets once controlled by Sir Allen Stanford, and Peter Wastell and Nigel Hamilton-Smith – English liquidators charged with liquidating Stanford International Bank, Ltd. (SIB), an Antiguan entity through ...
Do you have any idea how long the FDIC has to pay you your money, or the process you must go through to get your money?? For more information, read this article: http://www.fdic.gov/bank/analytical/firstfifty/ Have YOU done your homework?? What do you really know about FDIC? Did you know that FDIC recovered about 93% of its outlays, faring somewhat better in deposit assumptions (95%) than deposit payoffs (89%)?? read on Handling Bank Failures (part 2) An important consideration in setting up the FDIC was the establishment of an agency that, in addition ... Read More