Yonhap Infomax NewsMar 4, 2025
Meritz Financial Group assures recovery of 1.2 trillion won in Homeplus bonds, citing 5 trillion won collateral value amid Homeplus's rehabilitation filing
#YonhapInfomax #MeritzFinancial #Homeplus #CollateralValue #RehabilitationProceedings #BondRecovery #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=52814
Meritz Financial - 'Homeplus Collateral Value at 5 Trillion Won - No Issues in Recovering 1.2 Trillion Won Bonds'

Meritz Financial Group assures recovery of 1.2 trillion won in Homeplus bonds, citing 5 trillion won collateral value amid Homeplus's rehabilitation filing

Yonhap Infomax
Show threadSarah FackrellNov 13, 2023

Note that Durkin is one of the few judges that actually requires substantial security bonds in #ScheduleA cases (which he unfortunately refers to as "Counterfeit Cases," regardless of the cause of action), namely $1k/defendant: https://www.ilnd.uscourts.gov/judge-info.aspx?HztO2ip/uh7HVAKHYpZ4iA==

In this case, the plaintiff posted a $250k bond (see ECF 29): https://www.courtlistener.com/docket/67174033/bestway-inflatable-material-corp-v-the-individuals-corporations/

#BondRecovery

Northern District of Illinois

Sarah FackrellOct 28, 2023

Judge Furman (SDNY) GRANTS motion to recover bond damages in a #ScheduleA case!

https://www.courtlistener.com/docket/66622314/lead-creation-inc-v-the-partnerships-and-unincorporated-associations/?order_by=desc

More details later but this is too big of a deal not to share right away. This is the first time I've seen (or even heard about) a defendant recovering on one of these bonds.

Note that the bond was only $15k, so not even close to making any defendant whole. But it's still a big deal. More of this please, judges!

#UtilityPatents #BondRecovery

Lead Creation Inc. v. The Partnerships and Unincorporated Associations identified on Schedule A, 1:22-cv-10377 - CourtListener.com

Docket for Lead Creation Inc. v. The Partnerships and Unincorporated Associations identified on Schedule A, 1:22-cv-10377 — Brought to you by Free Law Project, a non-profit dedicated to creating high quality open legal information.

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