The dispute involves U . S . bankruptcy rules that permit a bankruptcy trustee to challenge some debts as " preferential payments ."
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The dispute involves U . S . bankruptcy rules that let a bankruptcy court trustee challenge some debts as " preferential payments ."
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The dispute involves laws that let a bankruptcy trustee seek the return of fraudulent or preferential payments made to some creditors before someone files for bankruptcy.
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It used the word in this new sense in the statute which created, for the first time, " preferential payments . " These were rates, taxes and wages.
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This was done by section 1 of the Preferential Payments in Bankruptcy Act 1888, as amended by section 2 of the Preferential Payments in Bankruptcy Amendment Act 1897.
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This was done by section 1 of the Preferential Payments in Bankruptcy Act 1888, as amended by section 2 of the Preferential Payments in Bankruptcy Amendment Act 1897.
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Andrew Entwistle, who represents the Florida State pension fund, said creditors and the bankruptcy trustee would be looking into whether Enron had made preferential payments to certain banks and other companies.
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After she filed for bankruptcy in November 1994, a court-appointed bankruptcy trustee told Fidelity he would challenge, as a preferential payment, the company's right to lay a claim to the car.
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A panel formed by the Securities and Exchange Commission and led by Merrill Lynch Chairman Daniel P . Tully issued a report in April calling on all securities firms to halt these preferential payments.
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On the other hand, the Sandinista Mayor of Managua, Dionisio Marenco, negotiated an agreement with the Venezuelan state oil company PDVSA that allows Venezuelan oil to be imported directly to Nicaragua with preferential payment conditions.
How to say preferential payment in Hindi and what is the meaning of preferential payment in Hindi? preferential payment Hindi meaning, translation, pronunciation, synonyms and example sentences are provided by Hindlish.com.
