Insolvency Law definition

Insolvency Law means the Bankruptcy Code and all other applicable liquidation, conservatorship, bankruptcy, moratorium, rearrangement, receivership, insolvency, reorganization, suspension of payments and similar debtor relief laws from time to time in effect affecting the rights of creditors generally.

Insolvency Law means any applicable federal or state bankruptcy, insolvency or other similar law now or hereafter in effect.

Insolvency Law means any bankruptcy, reorganization, moratorium, delinquency, arrangement, insolvency, readjustment of debt, dissolution or liquidation law of any jurisdiction in effect at any time during the term of this Agreement.

Examples of Insolvency Law in a sentence

• In consideration for the transfer to the Borrower of the Receivables and the related Collateral under the Second Tier Purchase Agreement, the Borrower shall have paid Regional Management an amount equal to the fair market value of the Receivables, and no such transfer shall have been made for or on account of an antecedent debt owed by Regional Management to the Borrower and no such transfer is or may be voidable or subject to avoidance under any Insolvency Law.

• In that context, it was noted that Colombia had passed legislation responding to part three of the UNCITRAL Legislative Guide on Insolvency Law, on the treatment of enterprise groups in insolvency.49 XVI.

• Accordingly, Justice Kimmel did not err in deciding that the YongeSL LPs had no automatic right to be heard on Ms. Athanasoulis’ appeal pursuant to section 135(4) of the BIA simply because their economic interest could be affected.32 If an economic interest31 Houlden, Morawetz, and Sarra, Bankruptcy and Insolvency Law of Canada, 4th Edition, Release No. 2022- 8, August 2022, §1:8.32 Royal Bank of Canada v.

• The Appellants next reference paragraph 21 in Fontaine v Canada (Attorney General), which held that “[o]f the many principles underlying the Canadian judicial 33 Roderick Wood, Bankruptcy and Insolvency Law, 2nd ed.

• The Commission noted that Working Group V (Insolvency Law) had considered at its thirty-ninth session, held in Vienna from 6 to 10 December 2010, a draft text of the judicial materials on the Model Law (A/CN.9/WG.V/WP.97 and Add.1 and 2), which responded to a mandate given to the Secretariat by the Commission and was developed in consultation with judges and insolvency experts (A/CN.9/715, paras.

More Definitions of Insolvency Law

Insolvency Law means any of the Bankruptcy and Insolvency Act (Canada), the Companies’ Creditors Arrangement Act (Canada) and the Winding-Up and Restructuring Act (Canada) and any other applicable insolvency or other similar law of any jurisdiction, including any applicable law of any jurisdiction permitting a debtor to obtain a stay or a compromise of the claims of its creditors against it;

Insolvency Law means the Bankruptcy Code, as now and hereafter in effect, any successors to such statute and any other applicable insolvency or other similar law of any jurisdiction including, without limitation, any law of any jurisdiction permitting a debtor to obtain a stay or a compromise of the claims of its creditors against it.

Insolvency Law means Title 11 of the United States Code (11 U.S.C. §§ 101 et seq.) as the same has been or may be amended or superseded from time to time, or any other applicable domestic or foreign liquidation, conservatorship, bankruptcy, receivership, insolvency, reorganization, or any similar debtor relief laws affecting the rights, remedies, powers, privileges and benefits of creditors generally.

Insolvency Law means the Insolvency Act 24 of 1936, as amended and Chapter 14 of the Companies Act 61 of 1973, read with item 9 of Schedule 5 of the Companies Act;

Insolvency Law means the law described in this paragraph or any law relating to any proceeding of the type referred to in Clause 25.6 (Insolvency) and Clause 25.7 (Insolvency proceeding) of this Agreement or any similar foreign law for the relief of debtors applicable to such Obligor.

Insolvency Law means the United States Bankruptcy Code of 1978, as amended from time to time, and all other applicable liquidation, conservatorship, bankruptcy, moratorium, arrangement, rearrangement, receivership, insolvency, reorganization, suspension of payments, winding up or composition, adjustment of debts marshaling of assets and liabilities or similar debtor relief laws from time to time in effect affecting the rights of creditors generally.

Insolvency Law means the Federal Law “On Insolvency (Bankruptcy)” No. 127-FZ dated 26 October 2002 (as amended, supplemented or replaced from time to time).