to avoid insolvency
1insolvency — The lack of adequate capital. The condition that exists when the amount of losses exceeds the amount of capital. See solvency and solvency risk. American Banker Glossary This occurs when individuals or businesses do not have enough assets to… …
2Insolvency — means the inability to pay one s debts as they fall due. Usually used to refer to a business, insolvency refers to the inability of a company to pay off its debts. Business insolvency is defined in two different ways: Cash flow insolvency Unable… …
3Bankruptcy and Insolvency Act — The Canadian Bankruptcy and Insolvency Act is An Act Respecting Bankruptcy and Insolvency that sets out the law on bankruptcy in Canada, and applies to both businesses and individuals. The legislation includes the duties and powers of the Office… …
4Early 1980s recession — The early 1980s recession was a severe recession in the United States which began in July 1981 and ended in November 1982.Krugman, Did the Federal Reserve Cause the Recession? , New York Times, April 1, 1991; National Bureau of Economic Research …
5Calendar of 2002 — ▪ 2003 January I will not wait on events while dangers gather. I will not stand by as peril draws closer and closer. The United States of America will not permit the world s most dangerous regimes to threaten us with the world s most destructive… …
6Curtiss-Wright — Corporation Type Public (NYSE: CW) Industry Aerospace Defense …
7Ruthanasia — Ruthanasia, a portmanteau of Ruth and euthanasia, is the pejorative name (typically used by opponents) given to the period of free market economic reform conducted during the first term of the fourth National government in New Zealand, from 1990… …
8White knight (business) — In business, a white knight may be a corporation, a private company, or a person that intends to help another firm. There are many types of white knights. Alternatively, a gray knight is an acquiring company that enters a bid for a hostile… …
9Gate Gourmet — is an airline catering firm with headquarters in Zurich, Switzerland, and Reston in unincorporated Fairfax County, Virginia, United States.Gate Gourmet was founded in 1992, and is the world s largest independent airline catering, hospitality and… …
10ASIC v. Rich — Australian Securities Investments Commission v. Rich [2003] [http://cclsr.law.unimelb.edu.au/judgments/states/nsw/2003/february/2003nswsc85.htm NSWSC 85] is an Australian corporate law case concerning the fiduciary duties of directors around… …
