bankruptcy
61bankruptcy-remote — USA Term used to describe an entity formed to develop, own and operate a special project while isolating financial risk and minimizing bankruptcy risk, such as a single purpose entity, a special purpose vehicle (SPV) or a special purpose entity… …
62bankruptcy protection — ➔ protection * * * bankruptcy protection UK US noun [U] (also bankruptcy law protection) ► LAW, FINANCE laws that limit the amount of money a bankrupt company (= one that owes more money than it can pay) must pay to those it owes money to: »The… …
63Bankruptcy Law — Bankruptcy proceedings are started by a bankruptcy petition, which may be presented to the court by (1) a creditor or creditors; (2) a person affected by a voluntary arrangement to pay debts set up by the debtor under the Insolvency Act (1986);… …
64bankruptcy clause — n: ipso facto clause Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. bankruptcy clause …
65Bankruptcy prediction — is the art of predicting bankruptcy and various measures of financial distress of public firms. It is a vast area of finance and accounting research. The importance of the area is due in part to the relevance for creditors and investors in… …
66bankruptcy petition preparer — A nonlawyer who helps debtors complete their bankruptcy paperwork for a fee. Bankruptcy petition preparers may not give legal advice or represent people in court; instead, they act as a typing service, completing the required bankruptcy forms as… …
67Bankruptcy Code — may refer to:*Bankruptcy in Canada *Bankruptcy in the United States or Title 11 of the United States Code (aka the Bankruptcy Code ) *Bankruptcy in China …
68bankruptcy discharge — An order issued by the bankruptcy court at the end of a bankruptcy case, wiping out all of the debtor s dischargeable debts. Category: Bankruptcy, Foreclosure & Debt → Bankruptcy Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen… …
69Bankruptcy Code — USA The informal name for the body of federal bankruptcy law, embodied in Title 11 of the United States Code (11 U.S.C. §§ 101 1532). Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …
70bankruptcy petition — ➔ petition * * * bankruptcy petition UK US noun [C] ► LAW, FINANCE a formal letter to a court asking that a person or company be declared bankrupt: »The latest bankruptcy petition was filed April 14. »Lawyers are considering an involuntary… …
