bankruptcy procedure

You will see how the bankruptcy procedure works and what your responsibilities are as a bankrupt.

Neither class action suits nor bankruptcy procedures have solved the problem.

The proposal would also make bankruptcy procedures needlessly expensive and complicated.

Apparently, the naming rights to the ballpark can be considered an asset in bankruptcy procedures.

Assets in Britain have been placed under British bankruptcy procedures known as court administration.

The Administration Order was a bankruptcy procedure administered by the Court.

Evoga began bankruptcy procedures and ceased operations in 2004.

In principle, unprofitable enterprises can be allowed to go out of business, though the bankruptcy procedure is cumbersome.

"We were in the awkward position of lecturing all the countries on regulation, bankruptcy procedures, international accounting standards.

The revocation prompted immediate bankruptcy procedures, under which clients' deposits stay arrested for two month.

The Ministry of Commerce introduced strict deadlines for bankruptcy procedures in 2008.

The strategic enterprise status implies a number of privileges such as a special bankruptcy procedure when a company may apply for aid from state coffers.

Texas Air also owns the bankrupt Eastern Airlines, much of which is being sold off under the bankruptcy procedures.

Finally, Moscow must provide easier bankruptcy procedures to stop the hemorrhage of rubles from government coffers to worthless companies.

Under the so-called Chapter 11 bankruptcy procedure, the company is able to continue operating while attempting to restructure its business and remaining protected from creditors.

The trial was delayed again when federal agents seized LaRouche properties as part of the involuntary bankruptcy procedure in 1988.

Officials here said the two sides were still deadlocked on issues ranging from tax and utility rates to expansion of the money supply and bankruptcy procedures.

Team Auto's idea was to bypass the traditional bankruptcy procedure, in which the entire company would be restructured through a protracted process of negotiation with creditors.

Structural changes include a new tax code, an effective bankruptcy procedure, pension reform and banking reform after the collapse of the banking system last summer.

We are also currently completing a study on the problems associated with licensing and official authorisation, company transfer and bankruptcy procedures in the Member States.

He said that his fiscal problems stemmed from college bills for his four children, and that he had used bankruptcy procedures properly.

Nick sold the property to pay some of the club's debts, but a disgruntled former director of the club persuaded their bank to initiate bankruptcy procedures.

Mr. Armstrong said bankruptcy procedures allowed for other bidders so creditors could obtain the best price for National's assets.

The Federal Rules of Bankruptcy Procedure (abbreviated Fed.

"We should encourage mergers of enterprises, standardize bankruptcy procedures, divert laid-off workers, increase efficiency by downsizing staff and encourage re-employment projects."