(iv) The insolvency representative in the insolvency of the grantor or

(nn) Insolvency representative means a person or body responsible for administering the insolvency estate.

(ll) Insolvency estate means assets and rights of the debtor that are controlled or supervised by the insolvency representative and subject to the insolvency proceedings.

I was broke, facing bankruptcy.

(62) The insolvency law should permit the insolvency representative to determine the treatment of any assets that are burdensome to the estate.

(35) The insolvency law should specify that the estate should include

(kk) Insolvency court means a judicial or other authority competent to control or supervise an insolvency proceeding.

If he's broke, I wanna be broke the same way.

Insolvency law

(72) The insolvency law should specify that the insolvency representative may decide to continue the performance of a contract of which it is aware where continuation would be beneficial to the insolvency estate. The insolvency law should specify that

3. Recommends that all States give due consideration to the Legislative Guide when assessing the economic efficiency of their insolvency regimes and when revising or adopting legislation relevant to insolvency

Article 88 When an insurance company is declared bankrupt in accordance with laws, the estate of the bankrupt insurer, after paying off the expenses of bankruptcy proceedings, shall be distributed in the following order

(80) The insolvency law should specify that the insolvency representative may accept or require performance from the counterparty to a contract prior to continuation or rejection of the contract.

C. Except as provided in D , the insolvency law should provide that an asset of the estate acquired after the commencement of an insolvency proceeding is not subject to a security right created by the grantor before the commencement of the insolvency proceeding.

He went bankrupt.

(b) Insolvency law

(b) Insolvency law

Property destruction

I'm broke.

I'm bankrupt.

He was broke.

I'm ruined

FRANK Facing bankruptcy.

quot (d) creditors or other interested parties in a foreign State have an interest in requesting the opening of or participating in a proceeding in this State under insert names of laws of the enacting State relating to insolvency . quot

(d) creditors or other interested parties in a foreign State have an interest in requesting the commencement of or participating in a proceeding in this State under identify laws of the enacting State relating to insolvency .

(d) creditors or other interested parties in a foreign State have an interest in requesting the commencement of or participating in a proceeding in this State under identify laws of the enacting State relating to insolvency .

The other three, the International Statement of United States Bankruptcy Law, International Statement of Canadian Bankruptcy Law, and International Statement of Mexican Bankruptcy Law describe the bankruptcy laws of the three NAFTA States, and set out principles governing multinational insolvency cases which involve assets located in one or more of the three NAFTA countries.

(e) In the area of insolvency, the UNCITRAL Model Law on Cross Border Insolvency and the UNCITRAL Legislative Guide on Insolvency Law

(iii) The insolvency administrator.

The company went bankrupt.

(e) Insolvency administrator means a person or body, including one appointed on an interim basis, authorized in an insolvency proceeding to administer the reorganization or liquidation of the assignor's assets or affairs

Overproduction, I says. Collapse.

J. The insolvency law should provide that, if a holder of a security right in an asset of the insolvency estate has subordinated its priority unilaterally or by agreement in favour of any existing or future competing claimant, such subordination is binding in insolvency proceedings with respect to the grantor.

(mm) Insolvency proceedings means collective judicial or administrative proceedings for the purposes of either reorganization or liquidation of the debtor's business conducted according to the insolvency law.

Note to the Working Group As to subordination agreements in the case of the grantor's insolvency, see recommendation J in the recommendations of this Guide on Insolvency The insolvency law should provide that if a holder of a security right in an asset of the insolvency estate has subordinated its priority unilaterally or by agreement in favour of any existing or future competing claimant, such subordination is binding in insolvency proceedings with respect to the grantor.

(46) The insolvency law should specify that, on commencement of insolvency proceedings add a, b, c, d, e

Developments in insolvency law adoption of the UNCITRAL Model Law on Cross Border Insolvency

Empowering Financial Bankruptcy

Bankruptcy Comes to China

3. Cross border insolvency

4. Cross border insolvency.

X. CROSS BORDER INSOLVENCY 20

And he couldn't stand being broke.

I got busted in May.

Bankruptcies Debtor sales