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Harksen v Lane NO and Others is an important decision of the Constitutional Court of South Africa, delivered on 7 October 1997.The court dismissed a challenge to the constitutionality of the Insolvency Act, 1936, finding that it was consistent with the right to property and right to equality for the property of a solvent spouse to be attached to the insolvent estate of his or her partner.
As required by various legislation, the policy regulated the process for the appointment of insolvency practitioners to act as trustees of insolvent estates in insolvency proceedings under the Insolvency Act, 1936. Insolvency practice was historically dominated by white men, [1] and section 158(2) of the Insolvency Act explicitly licensed the ...
In Magnum Financial Holdings (Pty) Ltd (in liquidation) v Summerly, an important case in South African insolvency law, the question to be decided was whether the trust before the court was susceptible of sequestration. This depended on whether it was a “debtor” as defined in section 2 of the Act.
WASHINGTON -- Wells Fargo & Co has agreed to pay $125 million to resolve allegations it discriminated against certain borrowers on the basis of race and national origin in its mortgage lending ...
A debtor commits an act of insolvency, according to the Act, “if he makes, or offers to make, any arrangement with any of his creditors for releasing him wholly or in part from his debts.” An arrangement or an offer qualifies as an act of insolvency in terms of this subsection only if it is indicative of the debtor's inability to pay his debts.
2012-03-13 National Bank of Greece: Government of Greece 7.612 2012-03-13 Piraeus Bank: Government of Greece 5.516 2012-03-25 Laiki Bank: Bank of Cyprus: 10.812 2012-05-25 Bankia: Government of Spain: 20.962 2012-06-07 Caixa Geral de Depositos: Government of Portugal: 1.78 2012-06-07 Millennium BCP: Government of Portugal 3.3
The bank’s internal investigation on the matter extended into late this year, said the people. Wells Fargo, until recently the biggest player in U.S. mortgages, has repeatedly felt regulators ...
Age Discrimination in Employment Act (ADEA), 42 U.S.C. § 2000e-2 FBL Financial Services, Inc. , 557 U.S. 167 (2009), was a case decided by the Supreme Court of the United States in 2009, involving the standard of proof required for a claim under the Age Discrimination in Employment Act (ADEA).