contemplation of insolvency

contemplation of insolvency
Knowledge of, and action with reference to, an existing or contemplated state of insolvency, with a design to make provision against its results or to defeat the operation of the insolvency laws.

Black's law dictionary. . 1990.

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  • contemplation of insolvency — Knowledge of, and action with reference to, an existing or contemplated state of insolvency, with a design to make provision against its results or to defeat the operation of the insolvency laws. See act of bankruptcy contemplation of bankruptcy …   Black's law dictionary

  • contemplation of insolvency — The attitude of the officers of a bank when it becomes known, or reasonably should be apparent, to them that the bank presently will be unable to meet its obligations and will be obliged to suspend its ordinary operations. Smith v Baldwin, 63 App …   Ballentine's law dictionary

  • in contemplation of insolvency — See contemplation of insolvency …   Ballentine's law dictionary

  • contemplation — I noun absorption, aim, attention, brooding, calculation, cerebration, cogitation, concentration, consideration, contemplatio, deliberateness, deliberation, design, determination, engrossment, envisagement, envisionment, examination, excogitation …   Law dictionary

  • contemplation of bankruptcy — Contemplation of the termination of one s business because of the financial inability to continue it. Knowledge of, and action with reference to, a condition of bankruptcy or ascertained insolvency, coupled with an intention to commit what the… …   Black's law dictionary

  • contemplation of bankruptcy — Contemplation of the termination of one s business because of the financial inability to continue it. Knowledge of, and action with reference to, a condition of bankruptcy or ascertained insolvency, coupled with an intention to commit what the… …   Black's law dictionary

  • failing circumstances — Insolvency, that is, the lack of sufficient assets to pay one s debts as they become due. A person (or a corporation or institution) is said to be in failing circumstances when he is about to fail, that is, when he is actually insolvent and is… …   Black's law dictionary

  • failing circumstances — Insolvency, that is, the lack of sufficient assets to pay one s debts as they become due. A person (or a corporation or institution) is said to be in failing circumstances when he is about to fail, that is, when he is actually insolvent and is… …   Black's law dictionary

  • Lien — For other uses, see Lien (disambiguation). Property law …   Wikipedia

  • Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… …   Universalium

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