The 46-year-old was allegedly in financial difficulties and facing bankruptcy petition
when her husband received the proceeds from Mr Woolfeden's will, it was said.
"It's the most efficient tool to liquidate the company and collect the claims," said Dan Sklar, the attorney who filed the involuntary bankruptcy petition
on June 27 in federal court in Manchester.
When a Limited Liability Company (LLC) is experiencing financial difficulties, filing a voluntary business bankruptcy petition
in the United States Bankruptcy Court may be necessary in order to reorganize and restructure the LLC's financial affairs.
Trade and other unsecured creditors concerned about a debtor's nonpayment of their claims may consider joining an involuntary bankruptcy petition
against that debtor.
Sedor allegedly filed a bankruptcy petition
for a client on Sept.
Paul Gair, partner at TLT, said, "We can confirm that we presented a bankruptcy petition
against Dr Mallya on behalf of the banks on 11 September 2018." TLT LLP, the UK-based law firm which had won a landmark case for the 13 banks led by State Bank of India (SBI) earlier this year, confirmed on Monday that their bankruptcy petition
against the 62-year-old businessman has been transferred to the insolvency list in London's High Court of Justice for a hearing in the first half of 2019.
The specific question before us is whether summary judgment was properly granted to the Individual Sellers on the grounds that no individual creditor had a viable state law claim as of the date of the bankruptcy petition
filing because the statute of limitations on any such claims had run.
MGTF Radio Company -- the entity created by the sons of veteran Pittsburgh radio station owner Saul Frischling -- on the morning of March 20 filed a bankruptcy petition
SUBSTITUTED SERVICE OF BANKRUPTCY PETITION
In the NEWCASTLE UPON TYNE County Court 0024 of 2018 MS RHODA G HUTTON T/A A B C SERVICES last known address 2 Axwell Park Road, Blaydon-On-Tyne.
He said Yorke owed HM Revenue & Customs PS1.5m and was the subject of a bankruptcy petition
But the document acknowledges that the filing of criminal complaints by PNB regarding allegations of"unauthorised loans"to Nirav Modi and affiliated foreign companies were the"events leading"to the filing of the bankruptcy petition
. The only banks mentioned as creditors are HSBC and Israel Discount Bank (IDB), which have outstanding loans totaling $20 million to two of the companies.
Contractors LLC, according to his bankruptcy petition
filed in U.S.