Accordingly, the lessor has a variety of remedies it can pursue: seeking relief from the automatic stay
, filing a motion to compel payment, filing an administrative expense claim and filing a motion to require the debtor-lessee to assume or reject the lease.
The action was filed under the provisions of the Hatch-Waxman Act in response to Adamis' Paragraph IV certification regarding the Kaleo patents as part of the company's NDA process, and results in an automatic stay
of any final approval by the FDA of Adamis' NDA.
After the Bank asked Bankruptcy Judge Cox to lift the automatic stay
under 11 U.S.C.
The automatic stay
, which gives debtors a breathing spell from creditors, is one of the most "fundamental debtor protections" in bankruptcy.
A bank could not seek in rem relief exempting a property from automatic stay
after an alleged serial filer of Chapter 13 bankruptcies voluntarily dismissed his latest petition, a U.S.
Paul Rea's Automatic Stay
went close on his first visit to the track last month and the experience gained from that entitles him to a strong vote in the 7.07 over 238m, Open Check nap Adamant Adele 6.49 Harlow
Although the automatic stay
provisions of the Code would not prevent a payment default, the holder of a statutory lien is entitled to recover the value of the lien in the bankruptcy proceeding.
to be directly supervised by FBR, 10% payment on automatic stay
at Commissioner's Appeal and making ADRC decisions binding,' he added.
'We provided maximum facilitation to the taxpayers and businesses by introducing one audit in three years with salaried class completely out of audit, simplified return form for salaried class, 40B to be directly supervised by FBR, 10pc payment on automatic stay
at Commissioner's Appeal and making ADRC decisions binding,' it added.
The major advantage of filing for bankruptcy is the automatic stay
or halt against creditor action to foreclose or collect debts during the bankruptcy proceeding.
Once signed into law it will also lift all existing court orders against projects, as well as revoke the provision that grants an automatic stay
order once an appeal has been lodged at the NET.