Search results
Results from the WOW.Com Content Network
The Fair Entitlements Guarantee is an Australian legislative scheme under which employees may receive financial assistance to cover certain specified employment entitlements where an employee loses their job due to the bankruptcy or liquidation of their employer and their employer does not have sufficient cash or assets to cover the entitlements.
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. [1]
Nineteen former Ansett Australia employees jobs were saved in the sale, and Aviation Training Australasia elected to operate the centre under the trading name of Ansett Flight Simulator Centre and later Ansett Aviation Training, dropping the "Australia" off the end of Ansett, but retaining the well recognised Ansett Star Mark logo, reflective ...
In late August, Bank of America filed in N.C. Business Court, seeking a receivership to oversee liquidation of Klaussner's assets. Klaussner owed the bank a total of more than $21 million.
These are basically non-cash benefits provided by an employer to an employee which are chargeable to tax e.g. car allowance. [2] Instances where an employee exchanges (cash) wages for some other form of benefit is generally referred to as a "salary packaging" or "salary exchange" arrangement. In most countries, most kinds of employee benefits ...
If a contract were to arise directly out of the special Government employee's advisory services, or the appointment could be influenced by the special Government employee, or another conflict of interest were to affect the appointment, then the prohibition would still apply. [5] SGEs are subject to financial reporting requirements.
Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]
The main differences between an estate liquidation and a mere estate sale is the sphere of inclusion which in a liquidation can expand to stocks, bonds, real property, fine jewelry, coin collections and fine art.