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The Oklahoma Court of Civil Appeals was established by the state legislature in 1970 under Title 20, section 30.1, of the Oklahoma Statutes, which provides: "There is hereby established an intermediate appellate court to be known as the Court of Civil Appeals of the State of Oklahoma which shall have the power to determine or otherwise dispose of any cases that are assigned to it by the ...
An application to the court for an administration order may be made by the company, the directors, a creditor or any combination of them. The Enterprise Act 2002 amended the Insolvency Act 1986 to provide an out-of-court process to appoint an administrator to the holder of a floating charge or the company or its directors. This is considerably ...
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In Germany, insolvency proceedings, both for companies and for natural persons, are regulated by the Insolvency Act (Insolvenzordnung), in effect since 1999 but with significant changes in 2012. [9] The goal of insolvency law is the equal and best satisfaction of creditors.
A notice of intention, [66] a Division I proposal, or a Division II proposal, will automatically create a stay of proceedings and "no creditor has any remedy against the debtor or the debtor's property, or shall commence or continue any action, execution or other proceedings, for the recovery of a claim provable in bankruptcy".
In 1942, he was imprisoned for obstructing the justice during the bankruptcy proceedings. He attempted to bribe judge John Warren Davis with a $27,500 loan. [ 38 ] [ 40 ] [ 39 ] He served half of his one-year sentence.
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insolvency register — contains information on companies who entered insolvency, bankruptcy, liquidation, administration, receivership, debt restructuring, or have been under futile execution, either of an administrative debt (by a government agency) or of a private debt (by a bailiff), for longer than an amount of time specified by law, as ...
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