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  2. Australian insolvency law - Wikipedia

    en.wikipedia.org/wiki/Australian_insolvency_law

    Under Australian law, the term insolvency is usually used with reference to companies, and bankruptcy is used in relation to individuals. [1] Insolvency law in Australia tries to seek an equitable balance between the competing interests of debtors , creditors and the wider community when debtors are unable to meet their financial obligations.

  3. Ebner v Official Trustee in Bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Ebner_v_Official_Trustee...

    Ebner v Official Trustee in Bankruptcy is a decision of the High Court of Australia. The case is an important decision in Administrative Law, for its holdings about the legal test for actual and apprehended bias in a decision maker. According to LawCite, the case has been cited the 28th most times of any High Court decision. [1] [2]

  4. Tools of trade - Wikipedia

    en.wikipedia.org/wiki/Tools_of_trade

    In Australia the Bankruptcy Act 1966 exempts the "ordinary tools of trade, plant and equipment [...] ordinary professional instruments and professional reference books". [ 6 ] [ 7 ] All of the provinces of Canada have a tools of trade exemption in their various bankruptcy laws.

  5. Bankruptcy Act - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_Act

    The Bankruptcy Disqualification Act 1871 (34 & 35 Vict. c. 50) The Bankruptcy and Deeds of Arrangement Act 1913 (3 & 4 Geo. 5. c. 34) The Bankruptcy Act 1914 (4 & 5 Geo. 5. c. 59) The Bankruptcy (Amendment) Act 1926 (16 & 17 Geo. 5. c. 7) The Bankruptcy Acts 1883 to 1890 was the collective title of the following Acts: [12] The Bankruptcy Act ...

  6. UNCITRAL Model Law on Cross-Border Insolvency - Wikipedia

    en.wikipedia.org/wiki/UNCITRAL_Model_Law_on...

    The Model Law defines a foreign proceeding as "a collective judicial or administrative proceeding in a foreign State, including an interim proceeding, pursuant to a law relating to insolvency in which proceeding the assets and affairs of the debtor are subject to control or supervision by a foreign court, for the purpose of reorganization or ...

  7. Bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy

    Federal Law No. 127-FZ "On Insolvency (Bankruptcy)" dated 26 October 2002 (as amended) (the "Bankruptcy Act"), replacing the previous law in 1998, to better address the above problems [non sequitur] and a broader failure of the action. Russian insolvency law is intended for a wide range of borrowers: individuals and companies of all sizes, with ...

  8. Unfair preference - Wikipedia

    en.wikipedia.org/wiki/Unfair_preference

    An unfair preference (or "voidable preference") is a legal term arising in bankruptcy law where a person or company transfers assets or pays a debt to a creditor shortly before going into bankruptcy, that payment or transfer can be set aside on the application of the liquidator or trustee in bankruptcy as an unfair preference or simply a preference.

  9. Administration (law) - Wikipedia

    en.wikipedia.org/wiki/Administration_(law)

    In Australia, an external administrator, also called an insolvency practitioner, is an independent person that is formally appointed to control an insolvent company's affairs. External administrators can be appointed either by the company's directors, a secured creditor , or by a court, and include: provisional liquidators , liquidators ...