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Siemens Greek bribery scandal, involving cases of bribery on behalf of Siemens towards the Greek Government; Société Générale, derivatives trading scandal causing multibillion-euro losses; Southwest Airlines, violations of safety regulations; SunTrust Banks, "claims of shoddy mortgage lending, servicing and foreclosure practices." [37]
It has been suggested that the speaker or writer should either say technical insolvency or actual insolvency in order to always be clear – where technical insolvency is a synonym for balance sheet insolvency, which means that its liabilities are greater than its assets, and actual insolvency is a synonym for the first definition of insolvency ...
The most common reasons for personal insolvency in Sweden are illness, unemployment, divorce or company bankruptcy. For companies, formal bankruptcy is a normal effect of insolvency, even if there is a reconstruction mechanism where the company can be given time to solve its situation, e.g. by finding an investor.
Business Today is a Philippine television public affairs show broadcast by GMA Network. Hosted by Karen Davila, Rico Hizon, Dong Puno and Mon Isberto, it premiered on October 1, 1990. The show concluded on March 29, 1996.
Definition and use A.C., [1] administrative case [2] N/A: English A case brought under administrative law in the form of a quasi-judicial proceeding by an agency of a non-judicial branch of government, or, the Office of the Court Administrator. Normally, such cases are internal disciplinary matters—court cases criminal and civil can be ...
BNY Corporate Trustees Services Ltd v Eurosail-UK 2007-3BL plc [2013] UKSC 28 (often referred to as simply the Eurosail case) was a decision of the Supreme Court of the United Kingdom in relation to the proper interpretation of section 123(2) of the Insolvency Act 1986 [1] (the so-called "balance-sheet test") as it had been applied in commercial bond documentation.
Wrongful trading is a type of civil wrong found in UK insolvency law, under Section 214 Insolvency Act 1986. It was introduced to enable contributions to be obtained for the benefit of creditors from those responsible for mismanagement of the insolvent company. [1] Under Australian insolvency law the equivalent concept is called "insolvent ...
The following is a list of events affecting Philippine television in 2021. Events listed include television show debuts, finales, cancellations, and channel launches, closures and rebrandings, as well as information about controversies and carriage disputes.