Bankruptcy court

Until modern times royal courts were a major focus of artistic patronage. Monarchs employed their own artists giving them titles such as King's Painter, but they are generally ...

court

Legal services; Courts

A body in government to which the administration of justice is delegated.

involuntary petition

Legal services; Bankruptcy

A petition filed in a bankruptcy court by a creditor seeking to declare a debtor bankrupt.

Dewey & Leboeuf LLP

Legal services; Bankruptcy

Based in New York, Dewey & Leboeuf LLP was once one of the largest law firms in the U.S. with more than 1,300 attorneys in 12 countries at its peak. The firm was formed by merging ...

insolvency

Legal services; Bankruptcy

Condition of a company or person unable to bay due debts.

admiralty claim

Legal services; Bankruptcy

Application to take possession of a ship to satisfy a debt.

bailiff

Legal services; Bankruptcy

Persons authorized to deliver court documents, make arrests, remove and sell debtors' possessions and evict them from their property.

bankrupt

Legal services; Bankruptcy

Wherby an individual or organization is insolvent, i.e. not able to meet the dues on their loans, leading to their assets being liquidated and distributed to creditors.

Terms in the News

Featured Terms

Harry8L

0
Terms
0
Blossaries
1
Followers

Industry/Domain: Holiday Category: National holidays

Canada Day

Canada Day celebrates the the union of three British colonies (Nova Scotia, New Brunswick, and Province of Canada) into what is present-day Canada. ...