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When a Florida court dismissed Nellie Cortez's voluntary bankruptcy petition, it ordered her not to file another petition "under any chapter of the Bankruptcy Code for a period of twelve months." Two months later, an involuntary bankruptcy petition was filed in California by Cortez's stepfather, Thomas Bronkovic.
The California court dismissed that case, finding that Cortez had colluded with her stepfather and that the case was, in fact, her own "voluntary" petition rather than her stepfather's "involuntary" petition.
While the California case was pending, the FDIC brought suit against Cortez to enforce certain promissory notes. Did FDIC violate the automatic stay provision of the Bankruptcy Code? Why or why not?
Federal Deposit Insurance Corporation v. Cortez, 96-6047, U.S. Court of Appeals (2nd. Cir.).
Since the beginning of the financial crisis in 2007, the amount of Fed's assets has increased from $800 billion to over $4 trillion now. The increase has been as a result of three rounds of Quantitative Easing (QE) by the Fed, which has in turn in..
How does a hypercompetitive environment change the strategic approach for a company?Explain how our understanding of the three generic strategic approaches available to companies can be used to direct the efforts of all employees at those companies?-..
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how can co-operation and trust be fostered between partners in the supply
What types of projects might be more appropriate for functional management rather than project management, and vice versa?
Discussion Home or Mobile Office RELY 2
What is a payment gate-way also discuss how does it Works. Name the three most vulnerable points in e commerce environment and also discuss why these points are so vulnerable and what is the solution
Kevin Sparks has been trying to get his staff to change the way it monitors and supports the data center for the past year, but he hasn't been getting anywhere. Not that he's getting resistance-at least not overtly.
Mr. Prashant Gupta is interested in investing in equity shares of Infosys and Hamdard. Infosys Technologies Ltd. (NASDAQ: INFY) which was started in 1981 by seven people with US$ 250. Today, it is a global leader in the "next generation" of IT and..
You are responsible for managing information systems development projects at AAA Systems. To better track progress in completing projects, you have decided to maintain a simple database table to track the time your employees spend on various tasks..
Johnson, a manufacturer of air conditioning units, made a written contract with Maxwell to sell to Maxwell forty units at a price of $200 each and to deliver them at a certain apartment building owned by Maxwell for installation by Maxwell.
In what way is repatriation proving to be a major problem for MNEs? How can they deal with this issue? Offer two substantive recommendations.
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