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Corporate restructuring or reorganization may be sought in situations where a company is unable to satisfy its debts
Corporate restructuring or reorganization may be sought in situations where a company is unable to satisfy its debts

Other insolvency legislation Related Articles

A Comparative Look at the Definition of \"Franchise\"
This article identifies and highlights differences between the definition of franchise contained in the Ontario legislation, the Alberta franchise legislation, the UNIDROIT Model Law, the NASAA Model Law, the Federal Trade Commission Franchise Rule and under the Canadian Franchise Association Guidelines.

The Accidental Franchise
Ontario introduced franchise legislation in 2000. PEI introduced a similar law in 2006. However, many business continue to operate without regard to whether they are a franchise or not. This article considers the factors that businesses need to analyse in order to determine if they are a franchise. Hiding your head in the sand is not an option. Failure to comply with franchise legislation can lead to unbelievably severe consequences, including liability in a class action proceeding, personal liability of officers and directors, and a requirement to pay back every penny invested by franchisees in acquiring and operating their franchise. Many systems who consider themselves to be distributorships ARE FRANCHISES. What you call yourself is not important--it is the substance of the relationship that will determine your fate.
Documents of title to the goods in international sale transactions
The distinction between a document of title to the goods and other documents not representing title to the goods is of crucial importance to the banker's security against the account party's insolvency
Facing the Financial Crunch
We're watching the financial markets dissolve into paroxysms of insolvency before our eyes. Regardless of whether we've been planning for our futures or not, our options have suddenly become much more limited.

Debt Settlement and the facts of associated Income Taxes
Discusses the consequences of of taxes when debt is being forgiven. Explains the insolvency factor that permits most debtors to exclude canceled debts from income.
New York Commuter Tax
The state of New York recently passed legislation funding the Metropolitan Transportation Authority, which serves the 12-county region of New York City. The legislation includes a new payroll tax on wages and compensation paid to employees who are employed within the New York Metropolitan Commuter Transportation District (MCTD).

The Passage of Health Care Legislation and Implications for the Environment
The President managed to pass historic health care legislation despite the Republican's best efforts to misinform, derail and delay. By a vote of 219 to 212, the House approved one of the most important pieces of American legislation in more than 40 years. Despite the momentus victory for the American people, the fight over health care has ominous implications for climate change legislation.

6 Months on Capitol Hill
Every year Astronology examines legislation coming from Capitol Hill, and how these changes influence Human Resource practices. Two major developments in the first half of 2011 affecting Human Resources are the possible adjustments to Healthcare reform, such as the CLASS Act, and the Legal Workforce Act of 2011. What challenges should we expect as a result of these pieces of legislation?
Battle Over Health Care Reform Now Reaches U.S. Supreme Court
The battle over health care reform has now reached the Supreme Court. The petition that has been filed may be at the leading edge of a wave of litigation over the controversial legislation. It is challenging a June 29th ruling by the U.S. Court of Appeals for the 6th Circuit that upheld the so-called “individual mandate” under the landmark health care legislation.

General Ideas on Expense Management
Budgeting and managing expenses are easily overlooked in the heat of driving sales. Here are some ideas to manage costs and possibly avoid the slippery slope to insolvency.
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