article thumbnail

Determining the Collateral Value of a Secured Claim

DailyDAC

Knowing the collateral value of a secured claim is important. The post Determining the Collateral Value of a Secured Claim appeared first on DailyDAC. It will impact how the secured creditor is treated under the plan.

article thumbnail

Kuney’s Corner – Giving Secured Creditor Substitute Collateral in a Chapter 11 Cramdown

DailyDAC

Pacifying a Hostile Lender with a Motion to Substitute Collateral Can a Chapter 11 debtor confirm a plan that gives a hostile secured creditor a lien on an orange as a substitute, in essence, for the secured creditor’s lien on an apple that the debtor wants to keep and use?1

article thumbnail

Jordaens painting to be sold after settlement with heirs of Jewish bank shareholders

The Art Newspaper

The work, to be auctioned at Sotheby’s today, was one of more than 2,500 held as collateral and sold, shortly before the Nazi invasion, by the Dutch bank Lisser & Rosenkranz

article thumbnail

SEC, MacQuarie RIA Arm Agree To $80M Settlement On CMO Investments

Financial Advisor Private Wealth

MacQuarie Investment Management and the Securities and Exchange Commission reached an agreement to settle charges related to the pricing of collateralized mortgage obligations (CMOs).

article thumbnail

A Group Show in Venice Spotlights Boundary-Breaking Afro-Descendant Artists

Artnet News

Hosted and supported by 193 Gallery, 'Passengers in Transit' is an official collateral event of the Venice Biennale. The post A Group Show in Venice Spotlights Boundary-Breaking Afro-Descendant Artists appeared first on Artnet News.

article thumbnail

The Importance of Contemporary Art Appraisals

Art Appraisal Resources

Loan Collateral Art collectors or investors who use their contemporary art as collateral for loans may require an appraisal to determine its value as security. Additionally, when art is donated to a museum or non-profit institution, an appraisal is essential for tax purposes and to comply with IRS regulations.

article thumbnail

Cooperative Galleries and the Future of Local Art

Michael Rose Fine Art

Each month a gallery needs to sell enough art to pay rent, utilities, insurance, marketing fees, and other incidentals like paint, labels, collateral materials, and reception expenses. The demands on small galleries, whether cooperative or owner-run, are huge.