involuntary liquidation

  • 21bankruptcy proceedings — General term for the various types of proceedings under the Bankruptcy Code (11 U.S.C.A.) that are initiated either by an insolvent individual or business (termed a voluntary bankruptcy) or by creditors (termed an involuntary bankruptcy) seeking… …

    Black's law dictionary

  • 22bankruptcy proceedings — General term for the various types of proceedings under the Bankruptcy Code (11 U.S.C.A.) that are initiated either by an insolvent individual or business (termed a voluntary bankruptcy) or by creditors (termed an involuntary bankruptcy) seeking… …

    Black's law dictionary

  • 23Toibb v. Radloff — Infobox SCOTUS case Litigants = Toibb v. Radloff ArgueDate = April 22 ArgueYear = 1991 DecideDate = June 13 DecideYear = 1991 FullName = Sheldon Baruch Toibb v. Stuart J. Radloff USVol = 501 USPage = 157 Citation =… …

    Wikipedia

  • 24Chapter 13, Title 11, United States Code — Bankruptcy in the United States Bankruptcy in the United States Authority · History U.S. Trustee Court  …

    Wikipedia

  • 25Closure (business) — For other uses, see Closure (disambiguation). Closure is the term used to refer to the actions necessary when it is no longer necessary or possible for a business or other organization to continue to operate. Closure may be the result of a… …

    Wikipedia

  • 26trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… …

    Black's law dictionary

  • 27Peon — The words peon and peonage are derived from the Spanish peón (IPA|pe on). It has a range of meanings but its primary usage is to describe laborers with little control over their employment conditions.panish usageIn its obsolete usage in Spain… …

    Wikipedia

  • 28slavery — /slay veuh ree, slayv ree/, n. 1. the condition of a slave; bondage. 2. the keeping of slaves as a practice or institution. 3. a state of subjection like that of a slave: He was kept in slavery by drugs. 4. severe toil; drudgery. [1545 55; SLAVE… …

    Universalium

  • 29dissolution — dis·so·lu·tion /ˌdi sə lü shən/ n: the act or process of ending: as a: the termination of an organized body (as a court) b: the ending of a partnership relationship caused by the withdrawal of one of the partners from the relationship c: the… …

    Law dictionary

  • 30Bankruptcy — State of being unable to pay debts. Thus, the ownership of the firm s assets is transferred from the stockholders to the bondholders. The New York Times Financial Glossary * * * bankruptcy bank‧rupt‧cy [ˈbæŋkrʌptsi] noun bankruptcies PLURALFORM… …

    Financial and business terms