become+insolvent
21Federal Deposit Insurance Corporation — FDIC …
22bankruptcy proceedings — General term for the various types of proceedings under the Bankruptcy Code (11 U.S.C.A.) that are initiated either by an insolvent individual or business (termed a voluntary bankruptcy) or by creditors (termed an involuntary bankruptcy) seeking… …
23bankruptcy proceedings — General term for the various types of proceedings under the Bankruptcy Code (11 U.S.C.A.) that are initiated either by an insolvent individual or business (termed a voluntary bankruptcy) or by creditors (termed an involuntary bankruptcy) seeking… …
24fail — vi 1: to be or become inadequate or unsuccessful esp. in fulfilling certain formal requirements even though one or more terms are left open a contract for sale does not fail for indefiniteness Uniform Commercial Code 2: to become bankrupt or… …
25Guarantee Security Life Insurance Company — Guarantee Security Life Insurance Company, or GSLIC, represented one of the most severe cases of insurance fraud in Florida history. According to the Florida Insurance Commissioner:: [GSLIC] was, almost from the beginning, a massive fraud, aided… …
26Corporate law — (also company or corporations law) is the study of how shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community and the environment interact with one another under the internal rules of the firm.… …
27reorganization — re·or·ga·ni·za·tion /ˌrē ˌȯr gə nə zā shən/ n 1: the act of reorganizing: the state of being reorganized 2 a: the rehabilitation of the finances of a business in accordance with a plan approved by a bankruptcy court under the provisions of… …
28Hospital Insurance Trust Fund — This trust fund is part A of Medicare, the United States health insurance program for people age 65 and older and certain disabled persons. It is financed through payroll taxes derived from current workers and employers. This trust fund is… …
29Romalpa clause — a clause in a contract modelled on the clause that was upheld in the English Court of Appeal in the case Aluminium Industrie Vassen BV v . Romalpa Aluminium [1976] 1 WLR 676. There are two main elements: (2) (1) retention of title. Because of the …
30Collection of judgments in Virginia — The collection of judgments in Virginia may be accomplished under a number of routes provided under Virginia law, depending on the amount of the judgment and the particular assets that the judgment creditor wishes to pursue. Contents 1… …
