priority of creditors
51Security interest — A security interest is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation, usually the payment of a debt.[1] It gives the beneficiary of the security interest certain… …
52Central Railroad & Banking Co. of Ga. v. Pettus — SCOTUSCase Litigants=Central Railroad Banking Co. of Ga. v. Pettus ArgueDateA=April 14 ArgueDateB=April 15 ArgueYear=1884 DecideDate=January 5 DecideYear=1885 FullName=Central Railroad Banking Co. of Ga. v. Pettus USVol=113 USPage=116 Citation=… …
53Debt — • That which is owed or due to another; in general, anything which one person is under an obligation to pay or render to another Catholic Encyclopedia. Kevin Knight. 2006. Debt Debt …
54lien — / lēn/ n [Anglo French, bond, obligation, literally, tie, band, from Old French, from Latin ligamen, from ligare to bind]: a charge or encumbrance upon property for the satisfaction of a debt or other duty that is created by agreement of the… …
55Administration (law) — As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – an… …
56Midway Games — For the games seen at fairs and carnivals, see Midway (fair). Midway Games, Inc. Type As of 2011, Midway is a corporation existing under Delaware law subject to a Chapter 11 bankruptcy liquidation plan. Industry …
57National Westminster Bank plc v Spectrum Plus Limited — [2005] UKHL 41 was a UK company law decision of House of Lords which settled a number of outstanding legal issues relating to floating charges and recharacterisation risk under the English common law. However, the House of Lords also considered… …
58Marc Stuart Dreier — Marc Dreier Born Marc Stuart Dreier May 12, 1950 (1950 05 12) (age 61) South Shore, New York, US …
59Re Spectrum Plus Ltd — Court House of Lords Full case name National Westminster Bank plc v Spectrum Plus Limited and others Citation(s) …
60Equity (finance) — For equity securities, see Stock. Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management  …
