insolvency laws
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Insolvency — means the inability to pay one s debts as they fall due. Usually used to refer to a business, insolvency refers to the inability of a company to pay off its debts. Business insolvency is defined in two different ways: Cash flow insolvency Unable… … Wikipedia
insolvency — The condition of a person or business that is insolvent; inability or lack of means to pay debts. Such a relative condition of a person s or entity s assets and liabilities that the former, if all made immediately available, would not be… … Black's law dictionary
insolvency — The condition of a person or business that is insolvent; inability or lack of means to pay debts. Such a relative condition of a person s or entity s assets and liabilities that the former, if all made immediately available, would not be… … Black's law dictionary
Insolvency law of Switzerland — The insolvency law of Switzerland is the law governing insolvency, foreclosure, bankruptcy and debt restructuring proceedings in Switzerland. It is principally codified in the Federal Statute on Debt Enforcement and Bankruptcy ( de. Bundesgesetz… … Wikipedia
Report of the Review Committee on Insolvency Law and Practice — (1982) Cmnd 8558, also known as the Cork Report was an investigation and set of recommendations on modernisation and reform of UK insolvency law. It was chaired by Kenneth Cork and was commissioned by the Labour government in 1977. The Cork… … Wikipedia
Administration (insolvency) — Administration is a procedure under the insolvency laws of a number of common law jurisdictions which functions as a rescue mechanism for insolvent companies and allows them to carry on running their business. The process mdash; an alternative to … Wikipedia
contemplation of insolvency — Knowledge of, and action with reference to, an existing or contemplated state of insolvency, with a design to make provision against its results or to defeat the operation of the insolvency laws. See act of bankruptcy contemplation of bankruptcy … Black's law dictionary
contemplation of insolvency — Knowledge of, and action with reference to, an existing or contemplated state of insolvency, with a design to make provision against its results or to defeat the operation of the insolvency laws. See act of bankruptcy contemplation of bankruptcy … Black's law dictionary
Commercial insolvency in Canada — A closed restaurant in Gananoque, Ontario Commercial insolvency in Canada has options and procedures that are distinct from those available in consumer insolvency proceedings. It is governed by the following statutes: The Bankruptcy and… … Wikipedia
Bankruptcy and Insolvency Act — The Canadian Bankruptcy and Insolvency Act is An Act Respecting Bankruptcy and Insolvency that sets out the law on bankruptcy in Canada, and applies to both businesses and individuals. The legislation includes the duties and powers of the Office… … Wikipedia