CHECK THESE SAMPLES OF The Rights of Creditors
In the paper 'Caja Mediterráneo Bank Insolvency' the author analyzes a savings bank located in Spain that had to be sold to Banco Sabadell for one Euro.... Caja Mediterráneo was a non-profit social institution, which had benefited more than five, 100, 000 people from its social commitments....
8 Pages
(2000 words)
Case Study
he period of six months is being extended to 10 years ending on the relation-back date in cases where the insolvent transaction has the effect of defeating, delaying, or interfering with The Rights of Creditors of the company.... Thus an insolvent transaction of a company entered into during 10 years ending on the relation-back day would be considered voidable if the transaction was entered into with the specific intention of hindering the rights of the creditors of the company....
11 Pages
(2750 words)
Essay
Moreover, during liquidation process, the liability of a sole owner of an S or C corporation is determined by the amount of money the owner has invested in the business, hence personal assets are not subject to The Rights of Creditors to seize or place a lien.... As a result of the current economic downturn, Susan, sole owner of Bluegill Corporation, needs to invest an additional $80,000 for working capital requirements of the business....
3 Pages
(750 words)
Essay
It has often been contended that the provisions of the various European Company Law legislation that deal with the share capital of the companies have been formed solely with the object of protecting the rights of one class of the external stakeholders namely the 'creditors'.... It is possible that the shareholders take advantage of the vulnerable position of the creditors.... According to Macey Jonathan (2001), the doctrine has created costs for the creditors, shareholders and the companies alike....
8 Pages
(2000 words)
Research Paper
The paper "creditors Rights and Bankruptcy" states that generally, the risks involved in business and the reasons why some entrepreneurs fail to prosper in their business, etc were mentioned in the introduction.... Bankruptcy, debtors, creditors, etc are some common terms associated with the business.... In such cases, the entrepreneur or the organization (debtor) may try to file bankruptcy suits in order to escape from the immediate threats from the creditors....
6 Pages
(1500 words)
Term Paper
The paper "TLATA 1996, Concurrent Co-ownership of Property " highlights that generally speaking, the law of co-ownership operates whenever two or more people enjoy the rights of ownership of the property at the same time, either freehold or leasehold.... Generally, this question mainly pertains to the rights of the beneficial co-owners under the trust of land and any protection afforded to them under law, where the trustees or the third parties apply to the Hon'able Court to obtain an order to sell the property which is the subject matter of the trust....
9 Pages
(2250 words)
Essay
lthough there was no opposition from the Crown to the idea of legal personality, public pressure turned in opposing any extension of legal personality that later became troubled with the stance of creditors.... The paper "The Rationale and Impact of the Rule in Salomon versus Salomon" describes that piercing the veil in the various circumstances will lead to a twist in the words of the legislation as well as ignoring the unfavorable results upon the activities of the company....
9 Pages
(2250 words)
Essay
They facilitate creditors of private companies to take steps towards replacing management in the case of troubled firms thereby helping to create the required prudence in corporate behavior.... For instance, cases such as negligence on the part of directors towards creditors, personal commitments provided to the company or in situations when a civil liability arises towards insolvent trading are all cases where the insolvency laws can be brought to use....
7 Pages
(1750 words)
Assignment