Trip Cancellation or Interruption resulting
from Financial Insolvency of an airline, cruise line or tour operator (when optional Trip Cancellation / Interruption is included) *
The trip cancellation or trip interruption of the insured person must be caused by or result from death, accidental injury, disease or physical illness of the insured person or an immediate family member of the insured person, or default of the common carrier resulting
from financial insolvency.
Not exact matches
A recent survey published by
insolvency trustee MNP Ltd. found 48 per cent of Canadian respondents were $ 200 or less away
from being unable to fulfill their monthly
financial obligations, an eight point increase since September.
From New York City's bankruptcy to Puerto Rico's
insolvency and Third World debtors subjected to IMF «austerity programs,» national bankruptcies shift control to centralized
financial planners in what Naomi Klein has called Crisis Capitalism.
Against a background of deepening recession and technical
insolvency, Greece's banking sector is being propped up by a $ 16 billion bailout
from the European
Financial Stability Facility.
The legal procedure allows you to settle your
financial obligation for less than you owe with the help of a gov» t Licensed
Insolvency Trustee, by discussing, formulating and implementing a compromise (deal) with your creditors while under court protection preventing them
from exercising their normal rights everything stops, including collection action unless specifically exempted, like child support.
For more than 50 years, our experienced team of Licensed
Insolvency Trustees and advisors have been working collaboratively with our corporate and individuals to help them recover
from times of
financial distress and regain control of their finances.
Before you realize you need help
from Licensed
Insolvency Trustees Drumheller, your debt might cause you to feel as if there is little or no hope in recovering
from this difficult
financial time.
From the beginning of the recent crisis, starting with Bear Stearns, I have emphasized that nearly all of the
financial institutions at risk of
insolvency have enough liabilities to their own bondholders to fully absorb all probable losses without any loss to customers or the American public.
Section Section 178 (1)(g) of the Bankruptcy &
Insolvency Act states that an order of discharge does not release a bankrupt
from: Any debt or obligation in respect of a loan made under the Canada Student Loans Act, the Canada Student
Financial Assistance Act or any enactment of a province that provides for loans or guarantees of loans to students where the date of bankruptcy of the bankrupt occurred:
All of the steps in the previous section (with the exception of the upfront fee contract)
from reviewing your budget and
financial situation, to helping you review all your options, and preparing the paperwork will be done by a licensed
insolvency trustee for free.
ATOL, which is part of the CAA, is a
financial protection scheme for UK tour operators and protects you
from losing money or being stranded abroad in the unlikely event of our
insolvency.
And while perpetrators may look to bankruptcy as a way to escape the
financial obligations of a civil judgment against them, Grace points out that the federal Bankruptcy and
Insolvency Act exempts civil damages arising out of sexual assaults
from the debts released by a discharge under the Act.
Our lawyers have an impressive record of achieving successful outcomes in bankruptcy proceedings throughout the world, and are active in all areas of
financial restructurings and
insolvencies in matters ranging
from the largest multi-national mega-cases to significant regional businesses.
Mr. Smallhoover practices in the areas of regulatory compliance affecting multinational businesses and
financial institutions; anti-corruption; data protection and privacy law; banking and
financial law (including issues touching public and private funds ranging
from hedge, mutual and offshore funds to non-U.S. investment vehicles); corporate law, including mergers and acquisitions (for both
financial and strategic buyers and sellers); custom and trade law; corporate restructurings and
insolvency matters; and general commercial law.
For example, Terence Corcoran questions why creditors are entitled to priority status over pensioners and maintains that «the legal and
financial professionals who work the lucrative
insolvency field in Canada have a list of reasons to put banks and other lenders ahead of employees and pensioners, none of which deserve the reverence and support they've received
from Ottawa» («Pensioners victims of inaction in Ottawa», National Post, February 5, 2013, here).
Cadwalader Wickersham & Taft has made a notable hire in London with the recruitment of
financial restructuring and
insolvency partner Yushan Ng
from Linklaters.
Our specialist restructuring and
insolvency team provide expert advice on a wide range of matters arising
from the
financial distress of a business.
We have particular strength in areas where
insolvency meets banking and finance or civil fraud, including litigation arising
from the
insolvency of
financial institutions; advising bond - holders and security - holders; the interpretation of
financial instruments; and pursuing delinquent owners and directors.
Mr Crawford, who has broad commercial litigation and
insolvency experience, particularly in the
financial services sector, joins Carey Olsen after 11 years working at Maples and Calder's Cayman Islands office where he was partner
from 2009.
I share their view that there is a real demand
from corporates and
financial institutions who, because of the size of the deal or simple pressures on liquidity, baulk at paying top City rates but who nevertheless require sophisticated restructuring and
insolvency advice to address complex problems.
We represent our clients in all types of regional, national and cross-border
insolvency matters, ranging in size and complexity
from out of court loan workouts and
financial restructurings to bankruptcy proceedings in multiple jurisdictions, creditors» rights litigation and distressed acquisitions.
This includes litigation arising
from opt - out opportunities in class actions;
financial manipulation cases; distressed investment scenarios, including
insolvency and restructuring; allegations of improper fund management or inadequate disclosures; alleged securities laws violations; and other complex
financial disputes.
Clients benefit
from our proven expertise in domestic and international restructuring and
insolvency, corporate and commercial disputes, banking and
financial services litigation, trusts litigation as well as fraud, asset tracing and regulatory disputes.
Ged has more than 20 years» experience of advising
insolvency practitioners and
financial institutions on all legal matters arising
from corporate
insolvencies with a particular emphasis on non-contentious aspects.
But to explain in simple words, it is the (
financial) ability of the insurance company to settle all its liabilities (which include Claims
from all term insurance plans) in case there is a situation of
insolvency (bankruptcy) because of a sudden unforeseen event.
arising
from or attributable, in whole or in part, to: a) a debt,
insolvency, commercial failure, the repossession of any property by any title holder or lien holder or any other
financial cause; b) non-compliance by you with regard to any obligation specified in a contract or license;
Aside
from disreputability or
financial insolvency, the biggest thing you have to worry about with an auto insurer are hidden fees lurking in the background.