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Marra Developments Ltd v BW Rofe Pty Ltd, [1] is a NSW Court of Appeal case on Australian company law, [2] and is an authority for the proposition that an interim dividend was revocable until the dividend was paid, a declared final dividend was a debt payable by the company to the shareholder from the date stipulated for payment.
In accounting, insolvency is the state of being unable to pay the debts, by a person or company (), at maturity; those in a state of insolvency are said to be insolvent. ...
Originally, bankruptcy in the United States, as nearly all matters directly concerning individual citizens, was a subject of state law. However, there were several short-lived federal bankruptcy laws before the Act of 1898: the Bankruptcy Act of 1800, [3] which was repealed in 1803; the Act of 1841, [4] which was repealed in 1843; and the Act of 1867, [5] which was amended in 1874 [6] and ...
A fall from grace. Founded in 1978, The Container Store went public on Nov. 1, 2013, pricing its initial public offering at $525 per share. By the close of trading that day, shares closed at $543.
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There are, broadly, three approaches to the administration of cross-border insolvency: [3] The territorial approach, whereby each country exercises its own domestic insolvency laws in relation to all the debtor's property and all of the creditors located within its jurisdiction.
EBay’s stock price rose nearly 10% on Wednesday—one of its largest single-day increases in years—boosting the company’s market cap by about $3 billion to $33 billion.
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