court documents

Cardi B’s Lawyers Allege Tasha K Hid Offshore Accounts

Cardi B’s Lawyers Allege Tasha K Hid Offshore Accounts
Cardi B’s Lawyers Allege Tasha K Hid Offshore Accounts

New court documents caused attorneys to accuse the vlogger of allegedly failing to disclose secret accounts when she filed for Chapter 11 bankruptcy.

The legal feud between rapper Cardi B and YouTuber Tasha K, whose real name is Latasha Kebe, escalated when new court documents revealed that the rappers attorneys are accusing the vlogger of hiding secret offshore accounts and allegedly failing to disclose them when she filed for Chapter 11 bankruptcy.

The internet personality cardi-b-defamation-verdict/” title=””filed bankruptcy back in May 2023 claiming she had less than $60,000 in assets, Billboard reported. But, according to documents tasha-k-secret-offshore-accounts-bankruptcy-battle/” title=””obtained by XXL magazine, Cardi’s lawyers claimed Tasha K and her husband, Cheickna Kebe, were not truthful about “the existence of offshore and domestic trusts” created for their benefit.

The “Money” rapper’s lawyers pointed out that in depositions, both Tasha K and her husband testified they did not have any savings accounts, IRAs, or trusts in their names or their children’s names. However, XXL added that Cardi’s attorneys say they have uncovered “multiple domestic and offshore trusts” that were allegedly never disclosed by Tasha K, including at least one trust where $30,000

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From bankruptcy to millions: Ironworker injured at Downtown Jersey City high-rise project wins seven-figure judgment

An ironworker’s injury at a Downtown Jersey City high-rise construction project in 2017 left him unable to work. Living off a monthly $2,688 worker’s compensation check, he and his wife filed for bankruptcy two years later.

But Donald Hoiland’s financial outlook took a meteoric upturn when a Hudson County jury awarded him $5.3 million in compensatory damages, his attorney, Gerald Clark of the Clark Law Firm, said this week.

Hoiland was injured Nov. 2, 2017, at the 235 Grand St. construction site while working for the project’s general contractor, AJD Construction Co., according to court documents. Two years later Hoiland filed the lawsuit against AJD, the developer and other companies working on the $289 million project, dubbed 235 Grand, at the site of the former Hudson County Boys and Girls Club.

Hoiland and his wife filed for bankruptcy the same year. According to court documents, Hoiland had earned nearly $75,000 as an ironworker in 2017.

“We are pleased with the result obtained, which is rather modest given the trial proofs,” Clark said in a statement. “The insurance company and the lawyers they hired to represent the defendant fought us tooth and nail during the five years of this litigation

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Bankruptcy Court OKs Terminating Santa Barbara News-Press Employee Retirement Plan | Local News

In another blow to former Santa Barbara News-Press employees, the bankruptcy trustee is terminating the company’s 401(k) retirement plan and will pay the fees out of their accounts.

When Ampersand Publishing owner Wendy McCaw filed for bankruptcy in July, the News-Press stopped publication, and Managing Editor Dave Mason told employees their jobs were eliminated.

McCaw claims in court documents that the parent company has about $5 million in debts, including payments to former employees and vendors, and much less in assets.

Last month, U.S. Bankruptcy Court Judge Ronald A. Clifford III approved terminating the Nationwide Financial 401(k) employee benefit plan because the business no longer exists.

Bankruptcy trustee Jerry Namba and his attorneys said former News-Press employees “have apparently been contacting (plan administrator Latitude Retirement) to inquire about the status of their 401(k) accounts and how the funds will be distributed.”

Requests to distribute the money couldn’t be processed because of the bankruptcy filing, bankruptcy attorneys wrote in court documents.

Former News-Press sports writer Mark Patton said he’s been trying to roll over his 401(k) into an IRA account “and have been getting nothing but a total run around from everybody,” including Nationwide, Latitude, and the bankruptcy attorneys.


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Vantage appears in bankruptcy court, says it owes customers $80 million

Luxury travel company Vantage Travel Services appeared in U.S. Bankruptcy Court Wednesday after admitting in court documents it owes customers $80 million for future trips.

The company vantage-files-bankruptcy-agrees-sell-united-travel-pte-ltd/BHV7XX47JVA5TJWCZAQG6LBXLM/” data-ylk=”slk:filed for Chapter 11 bankruptcy protection last week;elm:context_link;itc:0″ class=”link “filed for Chapter 11 bankruptcy protection last week and announced it is under an agreement to sell its assets to United Travel Pte. Ltd., an affiliate of Nordic Hamburg and Heritage Expeditions. The deal still needs to be approved by a judge.

In court filings, Vantage attorneys said the company has no cash and terminated all but five of its employees on June 20. The company estimates it owes between 10,000 and 25,000 creditors and has liabilities between $100 million and $500 million, according to court documents.

“As was the case throughout the travel industry, COVID-19 had a substantial impact on the Debtor’s operations,” a Vantage attorney said in a motion filed on June 29.

Vantage has been under fire for months after hundreds of consumers complained about a lack of refunds for cancelled or postponed trips. The Mass. Attorney General’s Office said it has received at least 1,120 consumer complaints against Vantage since January 1, 2020.

“Right now, our

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Bittrex approved to borrow $7 mln bankruptcy loan in bitcoin

May 10 (Reuters) – Bankrupt cryptocurrency exchange Bittrex Inc received court permission Wednesday to borrow $7 million in bitcoin to fund the start of its Chapter 11 case.

Seattle-based Bittrex filed for bankruptcy Monday, saying it intended to return customer funds and wind down its U.S. operations. The company’s international affiliates will continue to operate crypto exchanges for customers outside of the U.S., but Bittrex said that the U.S. regulatory environment had become untenable after the SEC sued the company for allegedly running an unregistered securities exchange.

Before filing for bankruptcy, Bittrex stopped accepting new deposits from U.S. customers and told its existing users to withdraw their crypto from the platform.

Bittrex’s U.S. operations made up a minority of its overall users. Affiliated exchanges based in Liechtenstein and Bermuda accounted for about 77% of the company’s 5.4 million users as of March 27, according to court filings.

Bittrex believes that it has enough cryptocurrency to fully repay all remaining customers, and the bankruptcy loan will ensure a smooth wind-down that protects customer assets, attorney Susheel Kirpalani told U.S. Bankruptcy Judge Brendan Shannon at a Wednesday court hearing in Wilmington, Delaware.

Shannon approved the loan on an interim basis, allowing Bittrex

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