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Topic: Bankrupt



  
 "Bankruptcy, Bankrupt" Defined & Explained
Bankrupt laws are an encroachment upon the common law.
Bankrupt laws discharge the person from imprisonment, and his property, acquired after his discharge, from all liabilities for his debts insolvent laws simply discharge the debtor from imprisonment, or liability to be imprisoned, but his after-acquired property may be taken in satisfaction of his former debts.
BANKRUPT - A person who has done, or suffered some act to be done, which is by law declared an act of bankruptcy; in such case he may be declared a bankrupt.
http://www.lectlaw.com/def/b011.htm

  
 RealCorporateLawyer.com Securities Law Issues for Bankrupt or Distressed Companies
Under Section 1126(b) of the bankrupt Code, pre-bankrupt solicitations of creditors and equity interest holders must comply with "applicable non-bankrupt law." If holders of a class of securities registered under the Exchange Act are solicited to vote on the plan, then the company must comply with the SEC's proxy rules when conducting the solicitation.
Source: Section 3(a)(7) is a vary narrow, specialized exemption that applies only to certificates issued by a debtor in possession or a trustee, which are typically debt securities issued during the course of a reorganization to raise cash for use in the reorganization effort.
This is because neither the bankrupt Code nor the federal securities laws provide an exemption from Exchange Act reporting for companies that have filed for bankrupt.
http://www.realcorporatelaw.com/faqs/bankrupt.html

  
 Bankruptcy - Wikipedia, the free encyclopedia
Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors.
As this practice was very frequent in Italy, it is said the term bankrupt is derived from the Italian banco rotto, broken bench (see e.g.
A declared state of bankruptcy can be requested by creditors in an effort to recoup a portion of what they are owed; however, in the overwhelming majority of cases, the bankruptcy is initiated by the bankrupt individual or organization.
http://en.wikipedia.org/wiki/Bankrupt

  
 BankruptcyNews.org::News articles & research on bankrupt
Napster went bankrupt after a federal judge ruled in 2001 it had violated copyright laws.
A bankrupt who forged letters in an attempt to get his bankruptcy order annulled was sent to prison for nine months at Swansea Crown Court today for perverting...
Also declared bankrupt by the court were two other subsidiaries, Eurolat and Lactis.
http://finance.za-news.com/news/bankrupt.html

  
 definition of bankrupt
Being a bankrupt or in a condition of bankruptcy; unable to pay, or legally discharged from paying, one's debts; as, a bankrupt merchant.
A person who, in accordance with the terms of a law relating to bankruptcy, has been judicially declared to be unable to meet his liabilities.
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http://www.brainydictionary.com/words/ba/bankrupt134679.html

  
 Considering Business Bankruptcy act bankrupt receiver committee
A bankrupt individual was considered a criminal and was subject to criminal punishment.
Potential punishments ranged from incarceration in debtors prisons to the death penalty.
Management continues to run the day-to-day business operations but all significant business decisions must be approved by a bankruptcy court.
http://www.amerassist.biz/bankruptcy.html

  
 Bankrupt on Application
On my application they stated the one of them filed bankrupt in 1997 after his 1st marriage.
I been a landlord for many years and have a good feeling they will be good tenants.
I believe that once you file bankrupt you can't do it again for 10 years.
http://www.mrlandlord.com/archives/2004/b04/12127573.html

  
 Main effects of being declared bankrupt
Security firms may not wish to employ an undicharged bankrupt, particularly where money is involved.
The debtor cannot trade under a name other than the one under which he was made bankrupt;
A bankrupt usually can't be a school or college governor and there are restrictions under charity law as to the role a bankrupt can serve on management committees.
http://www.debtadvicebureau.org.uk/bankruptcy/main_effects.html

  
 Todd Zywicki on National Review Online
In some states, such as Texas, Florida, and several farm states, bankrupts are entitled to protect their entire homestead, regardless of amount.
Philip Strauss, formerly the principal attorney for the San Francisco Department of Child Support Services, calls these provisions in the bill a “‘wish list’ of amendments to the Bankruptcy Code aimed at facilitating support collection.” Almost all of the national public child-support collection organizations in this country, as Strauss notes, have endorsed the bill.
In most states, this allows a bankrupt to collect some amount of accumulated equity in his home, car, retirement accounts, and the like.
http://www.nationalreview.com/comment/zywicki200503150744.asp

  
 Bankruptcy Law Arizona, Chapter 11, 7, 12, 13 Bankrupt Court Cases by Bregman and Burt Lawyers
Remember, the bankruptcy laws are for debtor relief and available for the honest debtor to get a fresh start.
Bankruptcy Law Arizona, Chapter 11, 7, 12, 13 Bankrupt Court Cases by Bregman and Burt Lawyers
http://www.bregmanandburt.com/bankruptcy.htm

  
 Matthew Yglesias: Bankrupt
Joe Biden, for all the eternal damnation and lack of presidential nominations he may have just brought upon himself, has at least acted appropriately weaselly about his weaseling.
Listed below are links to weblogs that reference Bankrupt:
If supporting this bankruptcy bill is the kind of position that [Read More]
http://yglesias.typepad.com/matthew/2005/03/bankrupt.html

  
 bankrupt: Definition, Synonyms and Much More From Answers.com
A debtor (as an individual or organization) whose property is subject to administration under the bankruptcy laws for the benefit of the debtor's creditors (was adjudicated a bankrupt) – see also debtor
To reduce to bankruptcy (was bankrupted by attorney's fees)
Ruined financially; esp Judicially declared a bankrupt (the company is bankrupt) compare insolvent
http://www.answers.com/topic/bankrupt

  
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Debt Negotiation Bankruptcy -DEBT - Bankrupt REORGANIZATION Bankruptcy Lawyers - Lawyers for debt negotiation Mesothelioma Lawyers, asbestos litigation, Mesothelioma attorney
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When Good Stocks Go Bankrupt Options for investors..
http://www.chap11.com

  
 LOCAL COMMENT: Fix health care before it bankrupts firms, workers
All content © copyright 2004 Detroit Free Press and may not be republished without permission.
As a nation we must respond to the cost crisis that confronts us with a national strategy that will help employers without bankrupting employees -- and that treats health care as a right for all rather than a privilege for some.
While this no-nonsense approach may ruffle some congressional feathers, the reality is that trying to ameliorate the concerns of private sector insurers while simultaneously serving the public interest has so far failed to solve the crisis.
http://www.freep.com/voices/columnists/elewis6_20030206.htm

  
 Dot-Bankrupt :: Where did your job go today?
Edward Okun, an Indianapolis developer and syndicator of commercial real estate, said progress stalled when he learned the Federal Aviation Administration and the U.S. Department of Transportation decided that following the resignation Thursday of Chicago Express’ chief of maintenance, the airline’s flight certificate, its federal permission to fly, would be revoked.
Bankrupt British automaker MG Rover faced the end of the road yesterday as administrators moved to axe more than 80 per cent of its 6,100 workers after a failed tie-up with a proposed Chinese partner.
Mirant Corp. and its shareholders sparred Monday over how much the bankrupt energy supplier is worth, a key factor in determining whether those people who owned stock in the company will get any money back when it reorganizes.
http://www.dot-bankrupt.org

  
 AskOxford: bankrupt
• noun a person legally declared as bankrupt.
2 completely lacking in a particular good quality or value: morally bankrupt.
http://www.askoxford.com/concise_oed/bankrupt?view=uk

  
 Amnesty Slams "Bankrupt" Vision of US in Damning Rights Report
However the overriding theme of the report, outlined by Amnesty International Secretary General Irene Khan in an opening statement, singled out the United States for condemnation.
LONDON - The United States has proved "bankrupt of vision and bereft of principle" in its fight against terrorism and invasion of Iraq, human rights group Amnesty International charged in a scathing report.
"The global security agenda promulgated by the US administration is bankrupt of vision and bereft of principle," she charged.
http://www.commondreams.org/headlines04/0526-02.htm

  
 Bankrupt Doc Freeman's closes its doors
The bankrupt store was $100,000 behind in rent on the building it leased at 6400 Eighth Ave.
N.W. in Ballard, which is owned by Longs Drug Stores California Inc., said Connie Klateboe Knudsen.
Marine-supplies store Doc Freeman's Inc., a Seattle institution since 1947, yesterday closed its doors and laid off its 23 employees.
http://seattlepi.nwsource.com/business/138380_docfreeman06.html

  
 The Stakeholder:: Bankrupt, Bankrupt
It's still a stretch, because Social Security's "liabilities" by law are simply what it can pay out, not the "schedule." But more importantly, and in connection to Paul's point, if that is our definition, then we are bankrupt right now.
Bush and his many surrogates are still out there using the words "bankrupt" and "broke," relying on this CEA Memo on Social Security:
In fact, we have been bankrupt every year that Bush has been in office, and we will be bankrupt every year he remains in office.
http://www.democraticaction.org/mt_upgrade/archives/002151.html

  
 !Story - SIMCOE.COM v3 - Sunshine Festival Bankrupt
Reproduction, modification, distribution, transmission or republication of any material from simcoe.com is strictly prohibited without prior written permission from Metroland Printing, Publishing and Distributing.
!Story - SIMCOE.COM v3 - Sunshine Festival Bankrupt
A dark day News that the Sunshine Festival is insolvent is devastating news to the city of Orillia, according to Mayor Ron Stevens.
http://www.simcoe.com/sc/orillia/entertainment/v-scv2/story/3092812p-3587652c.html

  
 Furniture Clearance Centre Bankrupt Stock Catalogue Returns and Slight Seconds
Copyright © Furniture Clearance Centre no part of this site may be reproduced without written permission of Furniture Clearance Centre.
Furniture Clearance Centre Bankrupt Stock Catalogue Returns and Slight Seconds
Please note this item is easy self assembly.
http://homepage.ntlworld.com/ashley.cleeton/FurnitureClearance/beds.htm

  
 Forbes.com: Bankrupt Loral says 3rd-qtr loss more than doubles
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Bankrupt Loral says 3rd-qtr loss more than doubles
Forbes.com: Bankrupt Loral says 3rd-qtr loss more than doubles
http://www.forbes.com/markets/newswire/2003/11/14/rtr1149048.html

  
 Arkansas Encyclopedia Volume B Encyclopedia of Arkansas Arkansas History State of Arkansas
Baxter studied law, and was admitted to the bar in 1856.
He received a limited education, and procured an appointment to West Point, but declined, upon his father's insistence.
In 1852, he moved to Arkansas, where he opened a mercantile business, which later went bankrupt.
http://www.anythingarkansas.com/arkapedia/pedia/bbb.html

  
 Bankrupt United Airlines Paid CEO Bonus
Bankrupt United Airlines paid its top executive a bonus of over USD$366,000 last year as the company sought salary and other concessions from union workers, but has cut his pay by 15 percent in 2005.
Documents filed with the government on Wednesday showed that Chief Executive Glenn Tilton's salary plus bonus amounted to more than USD$1.1 million in 2004, even though he accepted a pay cut during the year.
http://news.airwise.com/story/view/1111053350.html

  
 A Bill Bankrupt Of Pity (washingtonpost.com)
The "bigger surprise," as Warren has said, is that three-quarters of the medically bankrupt had health insurance.
Warren and her colleagues surveyed Americans in bankruptcy courts and found that half said illness or medical bills drove them to bankruptcy.
Which is to say that even those who have insurance are often not sufficiently covered to protect them from financial disaster.
http://www.washingtonpost.com/wp-dyn/articles/A61634-2005Feb28.html

  
 Bankrupt Entertainment
Calvert has retained the position of President upon Mr.
Bankruptent.com and all of its content will continue to be under the flag of Bankrupt Entertainment.
Vinson has decided that this is the only viable option for him.
http://www.bankruptent.com

  
 Is The U.S. Already Bankrupt?
This evil institution has impoverished and ruined the people of the United States; has bankrupted itself, and has practically bankrupted our Government.
Members of Congress are official trustees presiding over the greatest reorganization of any Bankrupt entity in world history, the U.S. Government.
It has done this through the misadministration of that law by which the Federal Reserve Board, and through the corrupt practices of the moneyed vultures who control it".
http://www.whatreallyhappened.com/ARTICLE2/doodoo.html

  
 Bin Laden aims to bankrupt United States - (United Press International)
Bin Laden aims to bankrupt United States - (United Press International)
Washington, DC, Nov. 2 (UPI) -- The complete transcript of Osama bin Laden's most recent videotape reveals his intention to attempt to bankrupt the United States.
The Arabic-language network al-Jazeera aired portions of the videotape Friday, but released the full transcript of the tape on its Web site Monday to dispel rumors it had edited out direct threats.
http://washingtontimes.com/upi-breaking/20041102-073358-8320r.htm

  
 Collective Moral Responsibility [Internet Encyclopedia of Philosophy]
It has been troubling that most of the high-ranking executives who were individually culpable for the accounting malfeasance at these companies have been able to avoid legal punishment, but the collective or corporate dimension of the wrongdoing is equally important to address.
At the dawn of the 21st century, the financial malfeasance, such as represented by the cases of the Enron and Tyco corporations, has come to be synonymous for many with corporate wrongdoing.
Thousands of employees, particularly in the case of the now bankrupt Enron, lost their jobs and their company pensions as it became clear that Enron and Worldcom had intentionally misrepresented their true financial conditions by submitting false and misleading accounting statements.
http://www.iep.utm.edu/c/collecti.htm

  
 hard drive - encyclopedia article about hard drive.
Another notable failure was MiniScribe, who went bankrupt in 1990 after it was found that they had "cooked the books" and inflated sales numbers for several years.
The first notable casualty of the business in the PC era was Computer Memories International or CMI; after the 1985 incident with the faulty 20MB AT drives, CMI's reputation never recovered, and they exited the hard drive business in 1987.
Many other smaller companies (like Kalok, Microscience, LaPine, Areal, Priam and PrairieTek) also did not survive the shakeout, and had disappeared by 1993; Micropolis was able to hold on until 1997, and JTS, a relative latecomer to the scene, lasted only a few years and was gone by 1999.
http://encyclopedia.thefreedictionary.com/hard%20drive

  
 Fool.com: FAO's Sad Toy Story [Motley Fool Take] December 3, 2003
According to yesterday's press release, the company attempted but failed to sell part or all of the business, and thus it doesn't expect "any recovery would be available to its common stockholders." In short, it looks bad.
Fool Bill Mann probably put it best in a January 2002 article: However little you may be investing in a bankrupt company, and however "tempered" your expectations might be, "Putting some money in these companies is a bad idea, a monumentally bad idea.
Revisit our QandA on "When Good Stocks Go Bankrupt" for more information on what it means when a company "goes chapter."
http://www.fool.com/News/mft/2003/mft03120310.htm

  
 Going Bankrupt in the World
An insolvent company is obliged to file a maximum of 2 weeks following cessation of debt payments.
The Consolidation Bank (founded by the State) can buy a firm's obligations, if it went bankrupt, at 60% of par.
Each creditor can apply to declare a company bankrupt.
http://samvak.tripod.com/nm023.html

  
 Technorati Tag: bankrupt
A tag is like a subject or category.
Bankruptcy courts brace for filing rush before tougher law debuts: Friday is expected to feel a little like tax day at Arizona's three bankruptcy...
Separate tags with "OR" to search multiple subjects.
http://www.technorati.com/tag/bankrupt

  
 Reckless borrowing leaves record numbers bankrupt - Evening Times
A record 845 people in Scotland were made bankrupt in the third quarter of the year - a rate of 13 every working day - according to figures from financial advisers Grant Thornton.
The 845 figure for July, August and September marks a 1.3% jump on last year - and takes the total number this year to 2502.
Yet only seven years ago that number was 2000."
http://www.eveningtimes.co.uk/news/5021121.shtml

  
 Weird Words: Bankrupt
Bankrupt arrived in English around the middle of the sixteenth century via the equivalent French form of banqueroute.
It was changed into our modern form because people linked the second half with medieval Latin ruptus, broken, from the verb rumpere.
http://www.worldwidewords.org/weirdwords/ww-ban1.htm

  
 Fool.com: When Good Stocks Go Bankrupt [Fool's School Daily Tip] October 24, 2001
You may have options, but then again, you may not.
You can sell your shares in the bankrupt company and take your tax loss (more about that later), or, if you think that the bankrupt company has a good chance of getting back on its feet, you can hold your shares in hopes that the return to profitability will be swift.
That doesn't always happen, of course, but as long as a resurrection is considered possible, a bankrupt company may continue to trade.
http://www.fool.com/foolu/askfoolu/2001/askfoolu011024.htm

  
 Bankruptcy in Victorian England -- Threat or Myth?
With good reason Victorian novelists represent the bankrupt as a person shipwrecked and castaway, a human being helpless against indifferent forces of nature.
In an age that lacked almost all forms of modern social security, the threat of becoming a bankrupt was extremely serious -- even after the closure of the debtor's prisons that Dickens anachronistically depicted in Little Dorrit.
Granted, the threat of becoming a bankrupt could be terrifying, but how likely was such personal economic disaster to occur?
http://www.victorianweb.org/economics/bankrupt.html

  
 JS Online: Circus museum called bankrupt
The letter states flatly that the museum, founded in 1954 on the site of the Ringling Brothers Circus winter quarters, is bankrupt and able to keep its doors open now only because of a loan from a Baraboo bank.
Madison - The Circus World Museum in Baraboo is bankrupt, and a proposal to give it $1.5 million a year in state money is really about keeping the museum open rather than keeping Milwaukee's Circus Parade rolling this summer, state legislators said Wednesday.
Aid wouldn't be just for parade, legislators say
http://www.jsonline.com/news/state/dec03/191720.asp

  
 EconPapers: How to Sell a (Bankrupt) Company?
Abstract: The restructuring of a bankrupt company often entails its sale.
This item may be available elsewhere in EconPapers: Search for items with the same title.
This Paper suggests a way to sell the company that maximizes the creditors' proceeds.
http://econpapers.repec.org/paper/cprceprdp/2881.htm

  
 Statistics New Zealand reports that the country has had net emigration of 1,100 people a month since March 1998, with ...
The immigration agencies in both countries typically approve almost all of the visa applications of foreigners who are accepted by the colleges.
After the National Business Management College went bankrupt in Australia in June 1999, authorities discovered that only 15 of the 550 mostly Indian students admitted actually enrolled, suggesting that the school was a front for getting Indians into Australia.
http://www.migrationint.com.au/news/romania/aug_1999-21mn.html

  
 Words/Phrases DEFINED: "bankrupt". Father Jerome's DICTIONARY of KEYWORDS used in his QUFD website.
The keyword/phrase "bankrupt" relates to, and is part of, the classification(s) listed below, as used in the text or auxiliary documents of the QUFD website and in Father Jerome's scientific writings.
For the SPECIFIC CONTENT of this usage, it is hereby recommended that the entire QUFD website and/or the Research Report be read in its entirety.
A Definition/Description of the keyword/phrase "bankrupt", as used in the QUFD website and in Father Jerome's scientific writings.
http://www.angelfire.com/ca/sanmateoissues/Key00082.html

  
 Opinion: Bankrupt in Tallahassee
It would be grossly wrong to cut essential spending without postponing the intangibles tax cut now scheduled to take effect in January.
Though some leaders listened, it was mostly to laugh -- none more raucously than Florida's new governor, Jeb Bush, who boasted just a few months ago that he and the Legislature were on track to cutting taxes by a cumulative $6-billion before the end of his term.
When you have to educate more children for proportionately less money, it's a cut, and to call it anything else raises the question of which is more bankrupt: the budget, or Florida's leadership.
http://www.sptimes.com/News/100401/Opinion/Bankrupt_in_Tallahass.shtml

  
 Feltons Yard - As New Office Furniture, Army Surplus Clothing, Bankrupt and Clearance Stocks, Reclaimed Materials
We have a large selection of bankrupt, liquidation and clearance stock, all items are subject to availability, so get them while you can!
Feltons Yard - As New Office Furniture, Army Surplus Clothing, Bankrupt and Clearance Stocks, Reclaimed Materials
We are a family run business that has been established for over one hundred years in the North West of England.
http://www.feltons-uk.com

  
 MyDD :: Bush: Social Security Will Be Bankrupt in 1988
AP's Espo reports, an NRCC poll obtained by the AP shows GOPers "face a significant challenge in persuading near-retirees to support" Bush's Social Security plans, and a "confidential polling memo" cautions House GOPers to "tread carefully" on the issue.
Bush: Social Security Will Be Bankrupt in 1988
According to a July 28th, 2000 article in USA Today, back in 1978 when President Bush was running for congress in Texas, "he predicted Social Security would go broke in 10 years and said the system should give people 'the chance to invest money the way they feel' is best."
http://www.mydd.com/story/2005/1/26/123037/557

  
 The Mortgage and Loan Business - 2nd mortgage
We place your2nd Mortgage with one of our lenders that specialise in 2nd mortgages, debt consolidation mortgages, adverse remortgages credit problems, self employed without accounts, mortgage or rent arrears, poor credit rating, repossessions, bankrupt or debt consolidation mortgages, adverse remortgages county court judgments.
Based on the questions 2nd Mortgage answer in our enquiry form 2nd Mortgage we will provide you with a table of schemes then a full illustration of the scheme you choose.
The illustrations we provide are the adverse credit mortgages, adverse mortgages mortgages we arrange so as soon as bad credit mortgages, self certification mortgages you receive yours you can go ahead and apply.
http://www.mortloan.co.uk/mortgage/2ndmortgage.htm

  
 KDKA - Pittsburgh's Source for Breaking News, Weather and Sports: Firefighters Union President: Let Them Go Bankrupt
The mayor has remained silent on this matter, but he's expected to break that silence tomorrow when he makes a speech introducing his annual capital budget.
KDKA - Pittsburgh's Source for Breaking News, Weather and Sports: Firefighters Union President: Let Them Go Bankrupt
King: "If it means we go bankrupt or somebody dies, then I'll choose to go bankrupt...
http://kdka.com/local/local_story_281184929.html

  
 UK mortgages mortgage loan application quotation poor credit rating CCJ Defaults Bankrupt IVA Self employed commission ...
All we ask is a reciprocal link in return.
UK mortgages mortgage loan application quotation poor credit rating CCJ Defaults Bankrupt IVA Self employed commission sales temporary work remortgages remortgage
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http://www.applyforamortgage.co.uk/link_contact.asp

  
 Stock Clearances, Textile, Fabric and Apparel Auctions, UK
Our sister Company, Hersil Fabrics, is one or the largest Buyers and sellers (Retail and Manufacturing) of bankrupt stock and end of line material in the United Kingdom, visit http://www.clearancefabrics.co.uk for more information.
So if you are a loss adjuster or have stock clearances, bankrupt fabric, clothing and apparel taking up space in your warehouse why not put it into our next fabric auction / clothing auction and turn it into cash?
Please take time to look at the great deals that are to be found at our next fabric auction / apparel auction containing bankrupt fabric and cheap fabric ranging from dress fabric, furnishing fabric, loom state fabric and clothing.
http://www.fabricauctions.co.uk

  
 Fenton Glass from the Glass Encyclopedia
The fortunes of the company have been up and down during the past ninety years; in the Depression years they made mixing bowls for the Dormeyer company (to go with electric mixers) and hobnail perfume bottles for Wrisley, and these two major contracts saved the company from failing when many others went bankrupt.
Until the outbreak of war in 1914, Fenton could sell virtually everything they could produce in carnival glass.
Another slump in the hand glass industry in the 1940's and 1950's saw many other companies go out of business.
http://www.glassencyclopedia.com/Fentonglass.html

  
 News from Agape Press
The pro-family Maine resident says Robinson raised this issue, then quipped, "What are moral issues?" Then, the CCL executive director says the Episcopal priest "paused for effect, as if to say, 'How can we know what's moral?
However, in a recent CCL communication, he warns believers that the ordination of a homosexual Episcopal priest will be "only the beginning of sorrows" if believers fail to pray, talk with their pastors, participate in the political process, and support the promotion of biblical values.
Heath says he found Bishop Robinson to be "an intellectually and morally bankrupt man" as well as a very shallow person.
http://headlines.agapepress.org/archive/11/82004c.asp

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