Sentence examples for insolvency activity from inspiring English sources
Julie Palmer, partner at Begbies Traynor, said: "With quarterly rent day landing on December 25 combined with fierce competition and significant margin pressure throughout the January sales period as consumer tighten their belts after Christmas, we could well see a surge of new insolvency activity during the first quarter of 2013".
– Unilad faces insolvency action by HMRC.
In support of its request for relief from the Commingling Provision, Madison highlighted the rationale behind the prohibition on commingling: to protect client assets from unlawful activities or financial reverses, including insolvency, of the adviser.
To customers, that was worrisome enough, but in the past twenty-four hours the site first halted all trading activity and then vanished altogether, leading to rumors of insolvency and impending bankruptcy.
Ley 14/2013, de 27 de septiembre, de apoyo a los emprendedores y su internacionalización. Preferential credit (créditos contra la masa) comprises salaries for the last month of activity, the costs of the procedure itself, including compensation for the insolvency administrators, plus the new debt incurred by the firm in its activities after the insolvency declaration.
First, the insolvency court delegates the responsibility and management of the insolvent firm to an insolvency administrator.
The principal focus of modern insolvency legislation rests no longer on the liquidation and elimination of insolvent estates but on the remodeling of the financial and, if necessary, organizational structure of a debtor in economic difficulties so as to permit the continuation of the economic activities.
Insolvency is therefore deregulatory.
§ 201.42 Bankruptcy, insolvency or death of borrower.
Earlier insolvency is not relied upon.
