-
insolvency are said to be
insolvent.
There are two forms: cash-flow
insolvency and balance-sheet
insolvency. Cash-flow
insolvency is when a
person or company...
- debt. In 2004, the
number of
insolvencies reached record highs in many
European countries. In France,
company insolvencies rose by more than 4%, in Austria...
- Kingdom, only an
authorised or
licensed insolvency practitioner (IP) may be
appointed in
relation to
formal insolvency procedures.
Quite often IPs have an...
-
recorded number of
individual insolvencies in
England and
Wales was 135,089
according to the UK Government’s
Insolvency Service (including provisional...
- Pre-packaged
insolvency (a "pre-pack") is a kind of
bankruptcy procedure,
where a
restructuring plan is
agreed upon in
advance of a
company declaring its...
- The
Insolvency Service is an
executive agency of the
Department for
Business and
Trade with
headquarters in London. It has
around 1,700 staff, operating...
-
extraterritorial dimension to
insolvency law. The
universalist approach (or
universal approach),
whereby any cross-border
insolvencies are
administered pursuant...
- The
Insolvency Service of
Ireland was
established under the
Personal Insolvency Act 2012. The
service aims to
provide mutually agreed debt
solution to...
- The
Insolvency Act 1986 (c. 45) is an act of the
Parliament of the
United Kingdom that
provides the
legal platform for all
matters relating to personal...
-
announced a
study into
corporate insolvencies, with
particular focus on pre-pack administrations, to
report on
whether the
insolvency market is
operating efficiently...
