How To Use Insolvency In A Sentence
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Having worked on fiscal reform in several countries (including my home country, Argentina), I think that Shaviro's view on a march to government insolvency is wrong.
From Musgrave to Shaviro, Arnold Kling | EconLog | Library of Economics and Liberty
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The first alternative is a shortcut to insolvency, the second, a recipe for discontentment and civil unrest.
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A new provision provides that the regulations do not apply where the outgoing employer is subject to proceedings whereby he may be adjudicated bankrupt or wound up for reasons of insolvency by order of the High Court.
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That is the legal definition of insolvency.
The Sun
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An obvious example would be, he submits, if the Company went into administration for the purposes of the Insolvency Act 1986.
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In that capacity he would be acting as an insolvency practitioner and must be qualified so to act.
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The only way the insurer can guarantee a lifetime income without the risk of insolvency is by investing the premiums in ultra-safe instruments with a tiny rate of return and offering only a very small annual payment.
Matthew Yglesias » The Other Public Sector Pension Problem
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Since his arrival at the company the dark clouds threatening insolvency have continued to gather.
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Most retentions sit in everyday bank accounts, with no insolvency protection.
Times, Sunday Times
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This means that default on all these loans would place the banks in technical insolvency.
International Finance: The markets and financial management of multinational business.
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Putting aside the disappointment of Tesna's withdrawal, I think it's inevitable that the Unions will play active roles in insolvency processes.
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While the insolvency practitioners continue to cast their eye over City's financial accounts, the Trust are now putting fundraising plans in place.
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The official receiver thereupon became receiver and manager of his estate under Section 287 of the Insolvency Act 1986 pending the appointment of a trustee.
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If an insolvency practitioner is to be appointed, his consent to act must be referred to in the affidavit.
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An administrator - a licensed insolvency practitioner - is appointed to run the club.
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Europe and America were emerging from the nightmare of financial insolvency, and praised international bodies as much as they failed to participate fully in them.
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Cooney sells equipment for a number of Dublin insolvency practitioners who deal with technology company receiverships or liquidations.
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There are no easy answers here, but the guiding principle left by the Founders that bankruptcy be used to quickly and finally resolve insolvency is instructive.
Matthew Yglesias » Obama Comes Out Swinging in Weekly Address
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The government should be able to dangle an insolvency law as an incentive to cooperate.
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If at any time you feel your situation has become untenable, you should seek specialist insolvency advice.
Times, Sunday Times
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The evidence that the pitchers of woe about pending national insolvency are actually more worried about entitlements than insolvency is pretty clear to me: While entitlements are totally driving the long-term fiscal crisis, they have not a word of criticism for entitlements.
Grading the President in Macro, Arnold Kling | EconLog | Library of Economics and Liberty
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The global teams are: finance and corporate, headed by London-based Antonia Hardy; private equity, headed by Cayman-based Vicki Hazelden; hedge funds, headed by Dubai-based Rod Palmer; insolvency and restructuring, led by Cayman-based Guy Locke; and litigation, headed by Murray, also in Cayman.
The Lawyer - Latest News
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PwC said that the company had a number of subsidiary and fellow group companies that remained solvent and were not subject to an insolvency process.
Times, Sunday Times
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The definitive insolvency of the country now is an imminent threat.
Times, Sunday Times
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How is it that a company goes from well-nigh insolvency to buying a US retail icon?
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The haulier should look for an insolvency practitioner able to give up-to-date and detailed advice in accordance with the new law.
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If at any time you feel your situation has become untenable, you should seek specialist insolvency advice.
Times, Sunday Times
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Under insolvency law, administrators are not obliged to honour vouchers bought before their appointment.
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Inducements were offered to the debtor to confess his insolvency and be frank in his discussion of assets.
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Many speculators were instantly wiped out, while the less capitalized insurers were left at or near insolvency.
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Under UK insolvency law they're last in line to be paid when businesses are wound up behind former staff, secured creditors, liquidators and the tax man.
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Britain needs insolvency experts, who can deal with what may be family disasters as efficiently and decently as possible.
Times, Sunday Times
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The original law explicitly on the basis of the commercial banks, the sponsor of the insolvency proceedings and bankruptcy standards.
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Government figures reveal the extent to which insurmountable debt is forcing individuals into formal insolvency.
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They also have created mass hysteria over the alleged insolvency of Social Security (expected to remain solvent until 2037) and Medicare (2029).
Martin Tolchin: How New Jacobins Persuade Us to Vote Against Our Interests
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If one joint or joint and several debtor is insolvent, the loss resulting from his insolvency is spread equally among the solvent debtors.
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Until last summer, it teetered on the brink of insolvency, and did little other than amass colossal debts.
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The figures were taken from a Baker Tilly database that records the genders of individuals who apply for personal insolvency.
Times, Sunday Times
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Chapter One employs a prosopography of over one thousand trade unionists and Working Men's Party operatives based on an extensive analysis of census, tax list, probate, insolvency, and other documents.
Advocating The Man: Masculinity, Organized Labor, and the Household in New York, 1800-1840
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Still throughout the eighteenth century, even the most liberal commentators did not entirely lift the stigma of dishonor from insolvency.
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Concerns have been raised over the insolvency regime after the government highlighted serious regulatory faults.
Times, Sunday Times
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For the handful of accountancy firms given the job of salvaging something from the wreckage, insolvency work is big business.
Times, Sunday Times
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This means that default on all these loans would place the banks in technical insolvency.
International Finance: The markets and financial management of multinational business.
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HALF of all staff keep their jobs when a high street chain goes into administration, insolvency specialist R3 claims.
The Sun
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In the classic bank run, the information gap becomes a self-fulfilling prophecy of insolvency; in other cases, insolvency is discovered, not made, as information becomes available and indicates that the institution is genuinely not solvent.
The Volokh Conspiracy » More Musing on Liquidity and Solvency Distinctions in Sovereign Debt Crises
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Further there is no evidence as to what the insolvency processes would be under the law of Poland.
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One commentator suggests that ordinary receivers appointed under a debenture or other security who are not licensed insolvency practitioners would not be covered by this exemption.
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Whether the same applies to transfers of company property by the controllers in order to put it out of the reach of creditors, in circumstances of actual or pending insolvency, remains doubtful.
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If one joint or joint and several debtor is insolvent, the loss resulting from his insolvency is spread equally among the solvent debtors.
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R3, the insolvency body, warned that many businesses were being kept alive by the forbearance of banks.
Times, Sunday Times
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What we are witnessing is how tough HMRC is becoming as a key creditor in the insolvency process.
Times, Sunday Times
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With some amendments, the decree retrospectively applied DIFC insolvency legislation to the affairs of Dubai World, giving the tribunal jurisdiction to supervise the restructuring and any insolvency.
The Lawyer - Latest News
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Insolvency experts will tell you that they always look for a big rush of busts just as the tide turns.
Times, Sunday Times
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Even a gross settlement system is not immune from certain risks associated with the insolvency of a participant.
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As early as 1 November 1858 Matthew and Robert Faulkner, who were licenced victuallers and cordial manufacturers in Adelaide, had to appear in the Court of Insolvency.
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The main problems that could affect Ireland are the twin impact of the cost of reinsurance and insolvency among reinsurers.
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Employees of the firm are listed as preferential creditors, and are due to be paid almost €130,000 from the insolvency fund.
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No person can be appointed as trustee unless he is a qualified insolvency practitioner.
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The most common examples are the rights of trustees in bankruptcy and liquidators of companies to disclaim certain property under the provisions of the Insolvency Act 1986.
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As a result, the specter of shareholder opportunism vis-a-vis creditors becomes an increasingly significant agency cost for firms approaching insolvency.
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Whereas the legislation and practice of United States, Europe and other countries in the modern world show that in the insolvency proceedings, the bankruptcy courts usually compel arbitration.
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Thus administrative receivers must be qualified to act as insolvency practitioners and can only be removed from office by the court.
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BRITAIN'S improving economy means better job opportunities in nearly all areas of industry - apart from insolvency experts.
The Sun
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Another downbeat report comes from the insolvency expert Begbies Traynor.
Times, Sunday Times
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MUNICH, Germany —At the Munich district court, the insolvency proceedings for DRAM maker officially have begun.
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On 21 February 1990 the Ledingham-Smiths consulted an insolvency practitioner and the accountants ceased to act for them.
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Within this bibliography we have attempted to include citations relating to insolvency law and related subjects covering: legislation, bills, petitions, readings in the Inns of Court, practitioners texts, and pamphlets.
Tribe's Bankruptcy Bibliography, 1200s to 1800s
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Section 214 of the Insolvency Act imposes that liability where the director knew, or ought to have concluded, that there was no reasonable prospect that the company would avoid going into insolvent liquidation.
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But now his retail rivals will circle and staff will pray that insolvency experts don't come knocking.
The Sun
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Still throughout the eighteenth century, even the most liberal commentators did not entirely lift the stigma of dishonor from insolvency.
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If the owner reaches an agreement with the two state-owned monopolists, they might withdraw their claims and save the company from insolvency.
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A plan that assumes insolvency is making the same mistake as a plan that assumes banks are illiquid.
Matthew Yglesias » An Optimistic Take on TARP
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The definitive insolvency of the country now is an imminent threat.
Times, Sunday Times
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Fail to budget properly, managers are warned, and insolvency looms around the corner.
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This means that default on all these loans would place the banks in technical insolvency.
International Finance: The markets and financial management of multinational business.
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The figures would seem to bear out the concerns that, with some two-thirds of personal insolvency individuals declaring themselves bankrupt, it has become much more of a lifestyle choice.
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Shortly thereafter it went into insolvency administration.
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Still, the property companies are not heavily leveraged and no major case of insolvency seems imminent.
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What he is understandably less forthcoming about is his chequered personal and business insolvency record.
Times, Sunday Times
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That is the legal definition of insolvency.
The Sun
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Our march toward government insolvency is a complex historical event with multiple causes.
From Musgrave to Shaviro, Arnold Kling | EconLog | Library of Economics and Liberty
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Money from the fund was payable to depositors on the insolvency of a recognised bank or licensed institution.
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The Company itself went into creditors' voluntary liquidation under the Insolvency Act 1986 pursuant to resolutions passed on 26 January 1998.
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And this heightens concern among insolvency experts that the legal change has encouraged significantly more people to apply for bankruptcy as a way out of their personal debts.
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He went to see an insolvency practitioner at his accountants for advice on winding up the business.
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Under an insolvency process, it is common for administrators to suspend gift vouchers.
Times, Sunday Times
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It has a large practice with commercial and investment banking clients and does extensive work in insolvency and real estate.
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The definitive insolvency of the country now is an imminent threat.
Times, Sunday Times
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Your assets are seized and managed by an accountant specialising in insolvency.
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As early as 1 November 1858 Matthew and Robert Faulkner, who were licenced victuallers and cordial manufacturers in Adelaide, had to appear in the Court of Insolvency.
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Considering the unfunded entitlements coming due in decades ahead, and considering the ownership of the Federal debt by foreign interests, governments and others, it seems to me that US insolvency is a very real possibility, unless of course we cut out huge chunks of the government and pay only the entitlements and the interest on our debt.
Matthew Yglesias » Payroll Tax Cuts as Stimulus
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The financial crisis has now left many of these banks on the verge of insolvency with large portfolios of insecure loans and bad debts.
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Lehman Brothers announced last week, and insolvency since the market crisis continued to intensify the pressure to have the world's central banks to inject their own short-term money market funds.
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The government should be able to dangle an insolvency law as an incentive to cooperate.
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He is the only practitioner on the DTI / Treasury's working party on the review of insolvency and company rescue mechanisms
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His time in the trade may have toughened him up for a future as an insolvency specialist.
Times, Sunday Times
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PwC said that the company had a number of subsidiary and fellow group companies that remained solvent and were not subject to an insolvency process.
Times, Sunday Times
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There is also a growing demand, within the big accountancy firms for administrators, insolvency and bankruptcy experts.
Times, Sunday Times
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On the insolvency, the company brought an action against the bank for knowing receipt.
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A leading law firm is warning businesses of the possible dangers of 'quicky' insolvency business sales, saying that 'prepack administration' is fraught with risk.
Bytestart
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By insolvency concurring either -- (a) with a duly executed charge for payment or (b) with sale of effects belonging to the debtor under a poinding or under a sequestration for rent, or making application for the benefit of _cessio bonorum_.
Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 2 "Baconthorpe" to "Bankruptcy"
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The "bait and switch scheme," whereby by the FED would buy and warehouse (I was actually tempted to use the word whorehouse here) worth-less or worthless securities for financial entities at their booked carrying values to preclude write-down and forestall inevitable insolvency, will buy some time, but it doesn't fix anything.
Financial Sense Newshour
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The business department has asked insolvency experts for their views on the problems between insolvency and employment laws.
Times, Sunday Times
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Insolvency specialists from Deloitte are being lined up to handle the wind-up of the electrical goods retailer.
Times, Sunday Times
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The liquidation of foreign assets brought the largest Austrian commercial bank, to the brink of insolvency, forcing the Austrian government to freeze all its remaining assets.
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You may get a refund as voucher holders normally rank above shareholders and bondholders in insolvency.
Times, Sunday Times
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The definitive insolvency of the country now is an imminent threat.
Times, Sunday Times
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Managerial Incentive and Recovery from PFI Project Insolvency.
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An administrator - a licensed insolvency practitioner - is appointed to run the club.
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But in either case, insolvency is a condition of an institution, such as a bank or financial institution, discovered or made in the present.
The Volokh Conspiracy » More Musing on Liquidity and Solvency Distinctions in Sovereign Debt Crises
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The rest are employed by specialist insolvency groups or law firms.
Times, Sunday Times
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Company debt outstanding, which filed for bankruptcy by their creditors request has recently been accepted, SST too since the new judicial insolvency proceedings.