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Thematic Index
Entries Categorized: Bankruptcy (25)
Below you'll find a list of all entries that have been categorized as Bankruptcy
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Adjudication
Definition of Adjudication In accordance with the work A Dictionary of Law, this is a description of Adjudication : 1. The formal judgment or decision of a court or tribunal. 2. A decision by the Commissioners of Inland Revenue as to the amount (if any) of *stamp duty payable on a [...]Arrangement
Definition of Arrangement In accordance with the work A Dictionary of Law, this is a description of Arrangement : 1. (in commercial and company law): See deed of arrangement; scheme of arrangement; voluntary arrangement. 2. (in international law): See treaty here. Financial [...]Bankrupt
Definition of Bankrupt This amounts to insolvency i.e. Being unable to pay your creditors.Bankruptcy
Definition of Bankruptcy In accordance with the work A Dictionary of Law, this is a description of Bankruptcy : The state of a person who has been adjudged by a court to be insolvent (Compare winding-up). The court orders the compulsory administration of a bankrupt's affairs so that his [...]Bankruptcy Order
Definition of Bankruptcy Order In accordance with the work A Dictionary of Law, this is a description of Bankruptcy Order : A court order that makes a debtor bankrupt. When the order is made, ownership of all the debtor's property is transferred either to a court officer known as the [...]Bankruptcy Petition
Definition of Bankruptcy Petition In accordance with the work A Dictionary of Law, this is a description of Bankruptcy Petition : An application to the High Court or a county court for a *bankruptcy order to be made against an insolvent debtor. See bankruptcy.Bankruptcy Preliminary Proceedings
History Petition and Receiving Order Any court exercising bankruptcy jurisdiction in the district in which he resides or carries on business in England or Wales may make a receiving order against a debtor, whether a trader or not, either on his own petition or on that of a creditor or [...]Bankruptcy Procedure
History Summary of procedure For the convenience of readers who may require more detailed information, the accompanying summary of some of the more important provisions of the law relating to bankruptcy procedure is submitted. It must be borne in mind, however, that the subject is in [...]Company Reconstructions
History When a company reconstructs, as it often does in these days, the rights of debenture-holders have to be provided for. Reconstructions are mainly of two kinds—(1) by arrangement, under the Joint Stock Companies Arrangement Act 1870, amended in 1900 and 1907, incorporated in act of 1908 [...]Compulsory Winding-up
Definition of Compulsory Winding-Up In accordance with the work A Dictionary of Law, this is a description of Compulsory Winding-Up : A procedure for winding up a company by the court based on a petition made under circumstances listed in the Insolvency Act 1986. The main grounds for this type [...]Creditor
Definition of Creditor In accordance with the work A Dictionary of Law, this is a description of Creditor : 1. One to whom a debt is owed. See also judgment creditor; loan creditor; secured creditor; unsecured creditor. 2. (under the Consumer Credit Act 1974) The person providing credit [...]Debt
Definition of Debt In accordance with the work A Dictionary of Law, this is a description of Debt : 1. A sum of money owed by one person or group to another. 2. The obligation to pay a sum of money owed. History Debt (Lat. debitum, a thing owed), a definite sum due by one person to [...]Divisible Contract
Definition of Divisible Contract A contract which contains agreements which can be separated one from the other. Property divisible among the Creditors in Bankruptcy No part of the law of bankruptcy is more intricate, or has been the subject of more litigation than this, and any [...]Equitable Winding-up
Minority protection in Company Law Refine your research by picking one of the below sections, including the The statutory remedies. The statutory remedies Insolvency Act : Just and equitable winding-up Find under this subsection information about Insolvency Act : Just and equitable winding-up [...]Financial Restructuring
Voluntary arrangements under ss– Insolvency Act Find under this subsection information about Voluntary arrangements under ss– Insolvency Act in relation to Financial restructuring. Sale under the articlesFraud Investigation
Fraud Investigations by the Serious and Organised Crime Agency There is more information about this section in the entry about Fraud Investigations by the Serious and Organised Crime Agency in this legal Encyclopedia. Serious Fraud Offices Investigations and Prosecutions There is more [...]Insolvency
Resources See Also Further Reading Insolvency in the Encyclopedia of Britain Insolvency in the Osborn's Concise Law Dictionary Insolvency in the Halsbury's Laws of England Insolvency in the Stroud's Judicial Dictionary of Words and Phrases Insolvency in the Jowitt's Dictionary [...]Insolvency Law
Resources See Also Further Reading Insolvency Law in the Encyclopedia of Britain Insolvency Law in the Osborn's Concise Law Dictionary Insolvency Law in the Halsbury's Laws of England Insolvency Law in the Stroud's Judicial Dictionary of Words and Phrases Insolvency Law in the [...]Lloyd Kenyon
Lloyd Kenyon, 1st Baron (1732-1802), lord chief-justice of England, was descended by his father’s side from an old Lancashire family; his mother was the daughter of a small proprietor in Wales. He was born at Gredington, Flintshire, on the 5th of October 1732. Educated at Ruthin grammar [...]Meeting of Creditors
History: First Meeting of Creditors This meeting is summoned by the official receiver, notice being given in the London Gazette and in a local paper, and sent by post to each creditor. A summary of the statement of affairs should accompany the notice, with any observations by the [...]Sequestration
Sequestration (Scottish Bankruptcy) Scottish Bankruptcy Legislation: History In Scotland, as in England, the law of bankruptcy arose as a remedy against the frauds of insolvent debtors. It was declared by an act of the Scottish parliament (1621, c. 18) that no debtor after insolvency [...]Small Bankruptcies
History When the official receiver reports, or the court is otherwise satisfied that the debtor's property is not likely to realize more than £300, the court may make an order for the summary administration of the estate, in which case, if the debtor is adjudged bankrupt, the official [...]Termination of Contract
Buyer's Right to Termination of Contract Note: see the Vienna Convention on Contracts for the International Sale of Goods 1980. Statutes Sale of Goods Act 1979 as amended in 1994 and 1995. Judicial Decisions Afovos Shipping Co. v. Pagnan [1983] 1 W.L.R. 195. Agricultores [...]Trustee
Definition of Trustee A trustee is someone who holds property on trust for another (the beneficiary). Trustee's Administration in Bankruptcy While the interim preservation and management of the estate is conducted by or under the direct supervision of officers appointed by and [...]In Perpetual Beta
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