A number of leading colonial figures lost their fortunes with many taking advantage of the " Insolvent Debtors Act " 1841.
12.
Cabot appears to have got into financial trouble in the late 1480s and left Venice as an insolvent debtor by 5 November 1488.
13.
The Supreme Court unanimously agreed that " gave value " includes value given when a debt was initially incurred by the now insolvent debtor company.
14.
During the Renaissance, the punishment of insolvent debtors included being chained to a post on this spot and then paddled repeatedly on the naked buttocks.
15.
Most insolvency law allows mutual debts to be set-off, allowing certain creditors ( those who also owe money to the insolvent debtor ) a pre-preferential position.
16.
With his new skills and contacts, Wild was released in 1712 under an Act of Parliament passed earlier that year for the relief of insolvent debtors.
17.
The new law would change that to give equal protection to new lenders who provide financial help to an insolvent debtor under a court-ordered rehabilitation plan.
18.
The Act created a new Court for the Relief of Insolvent Debtors that remained in existence until 1861, under the jurisdiction of a newly appointed Commissioner.
19.
Subsequently he was appointed a commissioner of the court for the relief of insolvent debtors, and on 1 August 1853 promoted to be the chief commissioner.
20.
In March 1606 he was imprisoned as an insolvent debtor in the Westminster Gatehouse, and in May 1608 he was similarly situated and friendless in the Clink in Southwark.
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