law relating to bankruptcy

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• law — / lȯ/ n [Old English lagu, of Scandinavian origin] 1: a rule of conduct or action prescribed or formally recognized as binding or enforced by a controlling authority: as a: a command or provision enacted by a legislature see also statute 1 b:… …   Law dictionary

• bankruptcy — /bangk rupt see, reuhp see/, n., pl. bankruptcies. 1. the state of being or becoming bankrupt. 2. utter ruin, failure, depletion, or the like. [1690 1700; BANKRUPT + CY] * * * Status of a debtor who has been declared by judicial process to be… …   Universalium

• Bankruptcy in the United States — The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact uniform Laws on the subject of Bankruptcies throughout the United States. Congress has exercised this authority several times since 1801, most recently… …   Wikipedia

• Bankruptcy — Notice of closure attached to the door of a computer store the day after its parent company declared bankruptcy (strictly, put into administration see text) in the United Kingdom. Bankruptcy is a legal status of an insolvent person or an… …   Wikipedia

• Law of the British Virgin Islands — The law of the British Virgin Islands is a combination of common law and statute, and is based heavily upon English law.Law in the British Virgin Islands tends to be a combination of the very old and the very new. As a leading offshore financial… …   Wikipedia

• Law of Jersey — The Law of Jersey has been influenced by several different legal traditions, in particular Norman customary law, English common law and modern French civil law.[1] The Bailiwick of Jersey is a separate jurisdiction from that of the United Kingdom …   Wikipedia

• bankruptcy — The legal status of an organization or individual unable to settle its liabilities. Bankruptcy tends to mean the end of a business as a *going concern, though bankruptcy laws in most jurisdictions include allowance for attempts to rescue all or… …   Auditor's dictionary

• law — noun 1 official rule/rules ⇨ See also ↑martial law ADJECTIVE ▪ administrative, case, civil, common, constitutional, criminal, statute, etc …   Collocations dictionary

• Bankruptcy discharge — Bankruptcy in the United States Bankruptcy in the United States Authority · History U.S. Trustee Court  …   Wikipedia

• Law — /law/, n. 1. Andrew Bonar /bon euhr/, 1858 1923, English statesman, born in Canada: prime minister 1922 23. 2. John, 1671 1729, Scottish financier. 3. William, 1686 1761, English clergyman and devotional writer. * * * I Discipline and profession… …   Universalium

• law — [lɔː ǁ lɒː] noun 1. [singular, uncountable] LAW the whole system of rules that citizens of a country must obey: • It is against the law (= illegal ) for children to work before they are fifteen. • There were easy profits for businessmen who were… …   Financial and business terms