Insolvency sentence example
We look at your options if you are facing insolvency.
In the event of a customer falling into formal insolvency, a bad debt protection facility provides you with peace of mind.
For individuals the term bankrupt is used to indicate insolvency.
Your role will involve assistant management insolvency at administration level.
This clause will bring the law on deceased insolvency into line with normal bankruptcy law.Advertisement
What Lord Hoffman had to say about section 323 of the Act is equally applicable to corporate insolvency; to which rule 4.90 applies.
Exactly the same distinction is relevant in an international financial insolvency.
The Inland Revenue can however only pay SPP from the first week of the employer's insolvency.
But they will also differ in the extent to which their insolvency laws embody a universal or territorial approach to cross-border insolvencies.
In that time Keith specialized in insolvency litigation and regularly appeared as an advocate in the Royal Courts of Justice.Advertisement
Any decision to support an institution, particularly in circumstances of underlying insolvency, creates a moral hazard that undermines market discipline.
Under Insolvency Legislation, disqualification orders can be made against company directors.
Figures on insolvency petitions are published on a quarterly basis.
You must also apply to the court and will be appointed an insolvency practitioner to help you.
There are many different types of company insolvency proceedings.Advertisement
The Insolvency Service This is the government department that deals with bankruptcies and company windings up.
The Regulation restricts where insolvency proceedings can be opened to the country where the debtor has his " center of main interests ".
The state of insolvency has no effect on contracts of employment, in the absence of a stipulation in the contract to the contrary.
Bond Insurance cover, to protect the uncharged assets of an estate needed by a person who acts as a licensed insolvency practitioner.
If you want to put a company into voluntary liquidation, the costs vary depending on which insolvency practitioner you use.Advertisement
An advertisement that a business seeks to liquidate its assets because the owner anticipates shutting down or is up for auction due to insolvency indicates that you may be able to purchase the company.
With certain exceptions reserved for the provincial court (such as insolvency, ownership of immovable property and divorce), the native high court exercises jurisdiction when all parties to the suit are natives; it also has jurisdiction when the complainant is not a native, but all other parties to the suit are natives.
Each probate court, consisting of a single judge, has jurisdiction within its county of the probate of wills, of the granting of administration, in insolvency proceedings, and in relation to the adoption of children; it may appoint and remove guardians of minors, insane persons and spendthrifts, and, upon application, may change a person's name.
The relations between capital and labour are the subject of a series of statutes, which prohibit the employment of children under fourteen years of age in any mechanical, mercantile or manufacturing establishment, punish with fine or imprisonment any attempt by an employer to influence his employee's vote or to prevent him from joining a labour union, and in cases of insolvency give preference over general liabilities to debts of $100 or less for labour.
His experience extends to advising corporate clients affected by the on set of insolvency, clearing banks, secured lenders and asset financiers.Advertisement
If you want to retain goodwill, you will probably want to purchase the business as soon after insolvency as possible.
The insolvency legislation allowed Trustees to wait indefinitely before realizing their interest in jointly owned property and this could be grossly inequitable.
Wherever relevant, details of company insolvency can be viewed without charge.
The supervisor of a CVA must be an insolvency practitioner.
In order to protect dealers against the losses due to the insolvency of those with whom they have had transactions, weekly settlements on the exchange have been made compulsory; between brokers and their clients they are also usual.
Washington has a state board consisting of three members appointed by the governor to confer with commissioners from other states upon such matters as marriage and divorce, insolvency, descent and distribution of property, the execution and probate of wills, for the purpose of promoting uniformity of legislation respecting them.
The extensive building operations engaged in by the town council in the early part of the, 9th century resulted in the insolvency of the city in 1833.
He then closed the Collegio Romano, on the plea of its insolvency, seized the houses at Frascati and Tivoli, and broke up the establishments in Bologna and the Legations.
Worst of all, the government was drifting rapidly towards insolvency, being quite unable to fulfil its obligations to the bondholders and meet the expenses of administration.
Although this fact will not in itself make the companies liable to any process of reorganization similar to that following insolvency and foreclosure of the American railway, it is probable that reorganization of some sort must nevertheless take place in Great Britain, and it may well be questioned whether the position of the transportation system of that country would not have been better if it had been built up and projected on the experience gained by actual earlier losses, as in the United States.