Additionally, creditors will also add on interest and charges to the debts from the meeting of creditors date to the date of failure ( currently 8 % per annum ), thereby increasing the level of debt.
32.
The first meeting of creditors is scheduled for Oct . 31 in a federal courtroom in Phoenix, where Symington will be sworn in by the Bankruptcy Court and questioned by those to whom he owes money.
33.
At a meeting of creditors Thursday in Guangzhou, the provincial capital of Guangdong, the bankruptcy court said that foreign and Chinese banks had lodged $ 5 . 66 billion in claims against GITIC and three subsidiaries.
34.
Debtors filing for bankruptcy under Chapter 7 or Chapter 13 will have to provide their Social Security numbers and other proof of ID when they appear at their initial meeting of creditors to discuss financial obligations.
35.
According to the Plan of the Bankruptcy referee of Atommash OJSC Alexander Stepanov, a new company called EMK-Atommash JSC was created ( Protocol ! 3 of the Meeting of creditors of Atommash OJSC of 22.11.1996 ).
36.
"We haven't decided whether to sign a memorandum of understanding immediately or discuss it at a meeting of creditors, " said Lee, who returned home Sunday after attending talks between Hynix and Micron in the United States.
37.
Dake also must demonstrate how Symington's statements during the October 1995 meeting of creditors materially affected the trustee's ability to administer the assets of Symington's bankruptcy estate and how it prevented the trustee from finding other assets.
38.
Meetings of creditors and shareholders to consider any scheme of arrangement must be held within 35 days ( or within a longer period on application to the High Court ) from the date of appointment of an examiner.
39.
In practice, the meetings of creditors and shareholders rarely take place within the first 35 days of the protection period and the examiner usually applies to the High Court for an extension of time in which to file his report.
40.
Generally the interim trustee is assigned at random from a " panel " of qualified individuals at the time a bankruptcy case is filed, and is automatically appointed as the " permanent " case trustee after the first meeting of creditors.
