Phrases with «insolvency proceedings»

"Insolvency proceedings" refers to a legal process that happens when a person or a company is unable to pay their debts. It involves assessing their financial situation, and based on the findings, either reorganizing the debts or selling assets to repay the creditors. Full definition

insolvency (parent phrase)
proceeding (parent phrase)

insolvency proceedings

Sentences with «insolvency proceedings»

The central issue involved what priority would be given to pension plan wind - up deficits, particularly in insolvency proceedings involving the plan sponsor. (slaw.ca)
In 1998, a newspaper published an article containing details of insolvency proceedings relating to social security debts. (europeanlawblog.eu)
The message to learn here is to never proceed with any formal insolvency proceedings without first verifying the exact last date of study according to the government records. (hoyes.com)
(see all sentences)

Phrases with «insolvency proceedings»

Sentences with «insolvency proceedings»

See also