A recent decision from the U.S. Bankruptcy Court for the Northern District of Texas illustrates that aggressive lender action can lead to “lender liability” in a loan workout. Bailey Tool & Mfg. Co., et al. v. Republic Bus. Credit (In re Bailey Tool & Mfg. Co.), 2021 WL 610847 (Bankr. N.D. Tex. Dec. 23, 2021). While an extreme example, the case is one that should be read by every lender and lender’s lawyer, as it contains a laundry list of things lenders should avoid doing in connection with their loan agreements (and, correspondingly, things borrowers should look for in their relationships with lenders). Read More...
Hello MFC!I am new to figure collecting & I recently bought a pre-owned scale figure from AmiAmi. I decided to go with the EMS shipping option because it was cheaper than the DHL option. The most recent tracking update was on April 3 that my package has been presented to customs. It has been about a week & there has been no update. I've heard customs can take awhile. Is it unusual that there has been no update for over a week and is this a normal experience? Read More...
The Maui News
The Vietnamese Cuisine Restaurant in Kihei has been shut down and issued a red placard for roach infestations in its kitchen and other food safety violations, the state Department of Health said Wednesday.
The restaurant has been ordered to correct the violations by today, when the Health Department will conduct a follow-up inspection.
A health inspector observed 20 to 30 live roaches in the restaurant, crawling on plates, bowls, plastic-wrapped containers, the dishwasher area and on food service countertops and other areas of the kitchen. Read More...