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

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

The information she gave me is that he's broke.

(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.

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

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

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

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

Some places get so big they just bust, you know.

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.

(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.

(152) Where the insolvency law requires court confirmation of an approved plan, the insolvency law should require the court to confirm the plan if the following conditions are satisfied

Where the estate is insufficient to cover all the claims within the same priority , then settlement shall be made on a pro rata basis within that priority.

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

In the US, the usual bankruptcy rules allow regulators and courts to hold a bankrupt company s operations together long enough to determine if the firm is worth more dead than alive. The law stops creditors from grabbing assets after the company enters bankruptcy, and it recalls many payments made to favored creditors in the 90 days before bankruptcy was declared, so that all creditors facilitate the firm s survival.

(iii) The insolvency administrator.

The company went bankrupt.

Overproduction, I says. Collapse.

(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

Insolvency Guide recommendations

(52) The insolvency law should permit

(b) The appointment of an insolvency representative.

International Insolvency Institute (III)

And I'm bankrupt.