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Business Law - Corporate Insolvency

This class was created by Brainscape user Chantelle Johnson. Visit their profile to learn more about the creator.

By: Chantelle Johnson
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Decks in this class (17)

Fixed charge receivership
Explain what this is and when it ...,
Who does the receiver owe their d...,
What power does a receiver typica...
5  cards
Company voluntary agreements
Explain a cva and which creditors...,
Does the company need to be insol...,
What are the pros and cons 3
11  cards
Administration - general
What is administration and the st...,
How long should the company be in...,
Which entities can be put into ad...
10  cards
Administration - out-of-court appointment by D/the company
What are the four main stages 1,
What happens in the internal deci...,
When can the d and the company no...
7  cards
Administration - out-of-court appointment by QFCH
When will a floating charge be qu...,
When can a qfch not make an out o...,
What are the three key stages 3
7  cards
Administration - court appointment
Who may apply for an administrati...,
What are the three main stages 2,
What documents must be filed what...
8  cards
Administration - process
What are the consequences for the...,
What are the five main stages 2,
What happens in the statement of ...
8  cards
Liquidation - general
What is liquidation 1,
What is the liquidator s role 2,
Which entities can be liquidated 3
7  cards
Liquidation - members' voluntary liquidation
When can this process be used 1,
What are the 6 key stages 2,
What happens during the board mee...
9  cards
Liquidation - creditors' voluntary liquidation
When is this process used 1,
What are the six main stages 2,
What happens at the board meeting...
9  cards
Liquidation - compulsory liquidation
Explain this type of liquidation 1,
On what grounds can the court win...,
When will a company be unable to ...
12  cards
Reviewable transactions - general
Who can bring these claims 1,
What are the dates of insolvency ...,
When will a person entity be conn...
4  cards
Reviewable transactions - transactions at an undervalue
What are the conditions 1,
What presumption applies 2,
When will the respondent have a d...
3  cards
Reviewable transactions - preferences
What are the conditions 1,
What presumptions do and don t ap...,
Explain desire 3
4  cards
Reviewable transactions - avoidance of a floating charge
What are the conditions for a flo...,
What is the procedure in relation...
2  cards
Wrongful trading
Who can bring this claim 1,
What happens if the claim is succ...,
What does the claimant need to pr...
7  cards
Fraudulent trading
Who can bring this claim 1,
What happens if the claim is succ...,
What are the different offences 3
6  cards

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Business Law - Corporate Insolvency

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