On June 20, 2018, Judge Carey of the Delaware Bankruptcy Court issued an opinion in the Woodbridge Group of Companies bankruptcies enforcing an anti-assignment clause contained in a promissory note to ...
The purchase and sale of claims held by creditors against debtors in a bankruptcy proceeding has become a big business. The motivations for the buyer are varied. They include making a profit on any ...
This article was published in the August 16, 2018 issue of Middle Market Growth, a weekly newsletter published by Association of Corporate Growth (ACG). It is reprinted here with permission. On June ...
Adam Barone is an award-winning journalist and the proprietor of ContentOven.com. He has 5+ years of experience as a content strategist/editor. Suzanne is a content marketer, writer, and fact-checker.
Text Callout : Key Takeaways - What Is a Promissory Note? Whether you're borrowing money from a financial institution or someone you know, a promissory note serves as a formal lending document.
A promissory note is a mortgage document promising to pay back a lender under certain terms. The note includes information such as how much you're borrowing and the mortgage interest rate. The lender ...