insolvency statute

insolvency statute
noun

Useful english dictionary. 2012.

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  • insolvency law — noun or insolvent law or insolvency statute or insolvent statute : a state statute that affords to an insolvent debtor relief from and sometimes full discharge of debts upon his surrender for the benefit of his creditors of all his property not… …   Useful english dictionary

  • insolvency — The insufficiency of the entire property and assets of an individual to pay his debts. 29 Am J Rev ed Insolv § 2. In a practical commercial sense, the inability of a person to pay his debts as they become due in the ordinary course of his… …   Ballentine'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

  • Statute of Bankrupts Act 1542 — The Statute of Bankrupts ( 34 35 Henry VIII, c. 4 ) was an Act passed by the Parliament of England in 1542. It was the first statute under English law dealing with bankruptcy or insolvency.The Act contained an extremely long preamble which… …   Wikipedia

  • Insolvency Act 1986 — The Insolvency Act 1986 (1986 c. 45) is the statutory legislation that provides the legal platform for all matters relating to personal and corporate insolvency in the UK. Elements of the act have been updated by the Enterprise Act 2002 which… …   Wikipedia

  • involuntary insolvency — A proceeding under a state insolvency statute brought against an alleged insolvent. 29 Am J Rev ed Insolv § 14. See involuntary bankruptcy …   Ballentine's law dictionary

  • United Kingdom insolvency law — deals with the insolvency of firms in the United Kingdom. The primary pieces of legislation are the Insolvency Act 1986 and the Enterprise Act 2002.History*Bankruptcy Act 1542 *Statute of Anne Bankruptcy Act 1705Company lawHowever, there are… …   Wikipedia

  • European Company Statute — The Council Regulation on the Statute for a European Company of the European Union was adopted October 8 2001. [ Official Journal of the European Union L 294, 10 November 2001, pp. 1 21.] [ [http://europa.eu/eur lex/pri/en/oj/dat/2001/l 294/l… …   Wikipedia

  • insolvent statute — noun see insolvency law …   Useful english dictionary

  • DUFFY, Sir Frank Gavan (1852-1936) — chief justice of the high court of Australia was a son of Sir Charles Gavan Duffy (q.v.), and was born at Dublin, Ireland, on 29 February 1852. He arrived in Victoria with his parents early in 1856, and a few years later was sent to England to be …   Dictionary of Australian Biography

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