Bankruptcy in Canada

28 Aug 2006

The measure is aimed at protecting creditors and workers of insolvent firms

China's top legislature yesterday announced passage of the much-anticipated Corporate Bankruptcy Law, which...

10 things to watch out for when... Declaring bankruptcy

22 Sep 2002

What does it mean?: Declaring bankruptcy happens when a person is insolvent, unable to pay their debts and has no reasonable prospect of being able to pay outstanding amounts as they become due....

Bankruptcy costs weigh heavy

4 Jul 2002

IN A PRAGMATIC world, bankruptcy would be but a phone call away. Simple cases would be outsourced to the private sector. No judge would be needed. Sworn statements would suffice. The slate could...

Bankruptcy law to be simplified

21 Jan 1997

Amendments to be introduced to bankruptcy laws soon will make the process of bankrupting individuals much quicker.

The Bankruptcy (Amendment) Ordinance also will introduce an...

Law change move to stop debtor fleeing

3 Jul 1993

DEBTORS who attempt to avoid creditors by fleeing Hongkong would find themselves presented with a bankruptcy petition if recommendations on the changes to the territory's bankruptcy laws are...