Bankruptcy

  • 181discharge in bankruptcy — n. The release of a bankrupt person from his or her debts. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. discharge in bankruptcy …

    Law dictionary

  • 182Parmalat bankruptcy timeline — 2003 December 2003 December 19 Bank of America states Parmalat does not hold nearly $5B in liquid assets for the company as Parmalat reported in September 2003. Bank of America disavows the document released by Parmalat’s Bonlat Financing Corp… …

    Wikipedia

  • 183Personal bankruptcy — is a procedure which, in certain jurisdictions, allows an individual to declare bankruptcy. In other jurisdictions, bankruptcies are reserved for corporations. Personal bankruptcy (Canada) The concept behind bankruptcy in Canada is that an… …

    Wikipedia

  • 184Adversary proceeding in bankruptcy (USA) — An Adversary proceeding in bankruptcy, is a lawsuit in the American legal system filed by a party called a plaintiff against a party called a defendant . ProcedureAdversary proceedings are governed by certain court rules found in Part VII of the… …

    Wikipedia

  • 185Federal Rules of Bankruptcy Procedure — The Federal Rules of Bankruptcy Procedure (abbreviated Fed. R. Bankr. P. or FRBP) are a set of rules promulgated by the Supreme Court of the United States under the Rules Enabling Act, directing procedures in the United States bankruptcy courts.… …

    Wikipedia

  • 186claim in bankruptcy — See: creditor s claim Category: Bankruptcy, Foreclosure & Debt → Bankruptcy Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009 …

    Law dictionary

  • 187Voluntary Bankruptcy — A type of bankruptcy where an insolvent debtor brings the petition to a court to declare bankruptcy because he or she (in the case of an individual) or it (in the case of a business entity) is unable to pay off debts. The bankruptcy is intended… …

    Investment dictionary

  • 188referee in bankruptcy — An officer appointed by the courts of bankruptcy under the Bankruptcy Act of 1898 (11 U.S.C.A. No. 1) corresponding to the registers in bankruptcy under earlier statutes having administrative and quasi judicial functions under the bankruptcy law …

    Black's law dictionary

  • 189Trustee in bankruptcy — A Trustee in Bankruptcy, in the United States, is a person who is appointed by the United States Department of Justice or by the creditors involved in a bankruptcy case.In a Chapter 7 Bankruptcy the trustee gathers the debtor’s non exempt… …

    Wikipedia

  • 190Superintendent of Bankruptcy — (Canada)The role of the Superintendent of Bankruptcy is to ensure that bankruptcies and insolvencies in Canada are conducted in a fair and orderly manner.As stated on the [http://strategis.ic.gc.ca/epic/internet/inbsf osb.nsf/en/home Office of… …

    Wikipedia

  • 191China bankruptcy law — The Enterprise Bankruptcy Law of the People s Republic of China (trial Implementation) was first passed in 1986. Twenty years later, the Enterprise Bankruptcy Law of the PRC was introduced on 27 August, 2006. It contains 136 articles, almost 100… …

    Wikipedia

  • 192Quick-Rinse Bankruptcy — A bankruptcy proceeding that is structured to move through legal proceedings faster than the average bankruptcy. The term quick rinse bankruptcy first emerged during the credit crisis that started in 2008 and was used to describe the planned… …

    Investment dictionary

  • 193trustee in bankruptcy — An appointed trustee who supervises and administers the affairs of a bankrupt company or individual. Bloomberg Financial Dictionary * * * trustee in bankruptcy trustee in bankruptcy ➔ bankruptcy * * * trustee in bankruptcy UK US noun [C] (also… …

    Financial and business terms

  • 194involuntary bankruptcy — ➔ bankruptcy * * * involuntary bankruptcy UK US noun [U] LAW ► a situation in which a business or a person becomes unable to pay their debts, and is made officially bankrupt after people who are owed money go to court to try to get some of their… …

    Financial and business terms

  • 195act of bankruptcy — Term used under former federal Bankruptcy Act (No. 3), to refer to any act which rendered a person liable to be proceeded against involuntarily as a bankrupt, or for which he could be adjudged bankrupt. The new Bankruptcy Code (1979) no longer… …

    Black's law dictionary

  • 196act of bankruptcy — Term used under former federal Bankruptcy Act (No. 3), to refer to any act which rendered a person liable to be proceeded against involuntarily as a bankrupt, or for which he could be adjudged bankrupt. The new Bankruptcy Code (1979) no longer… …

    Black's law dictionary

  • 197Prepackaged Bankruptcy — A plan for financial reorganization that a company prepares in cooperation with its creditors that will take effect once the company enters bankruptcy. This plan must be voted on by shareholders before the company files its petition for… …

    Investment dictionary

  • 198involuntary bankruptcy — n: bankruptcy declared upon petition of creditors see also bankruptcy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. involuntary bankruptcy …

    Law dictionary

  • 199voluntary bankruptcy — The legal proceeding that follows a petition of bankruptcy. Bloomberg Financial Dictionary * * * voluntary bankruptcy voluntary bankruptcy ➔ bankruptcy * * * voluntary bankruptcy UK US noun [C or U] FINANCE, LAW ► a situation in which a business… …

    Financial and business terms

  • 200reputation bankruptcy — n. A theoretical system that would give a person a fresh start on the web by deleting all of that person s online text, photos, and other data. Example Citations: To allow people to escape from negative scores generated by these services,… …

    New words