Fowler V Padget
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Fowler V Padget
''Fowler v Padget'' (1798) 7 Term Rep 509; 101 ER 1103 is an old UK insolvency law case, which concerned what amounted to an act of bankruptcy. Facts Fowler claimed that Padget had unlawfully broken into his house, trespassed and converted his goods. Padget claimed that he was justified in doing so, because under the Bankrupts Act 1571 (13 Eliz. 1. c. 7), Fowler had committed an act of bankruptcy. Fowler had gone from his house in Manchester, where he worked as a trader, to London because one of his creditors' business had been failing. During the ten days of his departure, Fowler's own creditors had called upon his house, and believed Fowler to have departed for fraudulent reasons under the Bankrupts Act 1603 ( 1 Jas. 1. c. 15). Judgment Lord Kenyon held that there had been no act of bankruptcy, and Fowler's intention in leaving his house was not fraudulent. Under the Act, only intent to defraud creditors would amount to an Act of bankruptcy. Ashurst J, Grose J and Lawrence ...
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UK Insolvency Law
United Kingdom insolvency law regulates companies in the United Kingdom which are unable to repay their debts. While UK bankruptcy law concerns the rules for natural persons, the term insolvency is generally used for companies formed under the Companies Act 2006. "Insolvency" means being unable to pay debts. Since the Cork Report of 1982, the modern policy of UK insolvency law has been to attempt to rescue a company that is in difficulty, to minimise losses and fairly distribute the burdens between the community, employees, creditors and other stakeholders that result from enterprise failure. If a company cannot be saved it is "liquidated", so that the assets are sold off to repay creditors according to their priority. The main sources of law include the Insolvency Act 1986, the Insolvency Rules 1986 (replaced in England and Wales from 6 April 2017 by the Insolvency Rules (England and Wales) 2016 – see below), the Company Directors Disqualification Act 1986, the Employment Rig ...
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Bankrupts Act 1571
A Commissioner of Bankruptcy (England and Wales) was, from 1571 to 1883, an official appointed (initially by commission of the Lord Chancellor) to administer the estate of a bankrupt with full power to dispose of all his lands and tenements.Commissioner of bankrupt. ''Oxford English Dictionary'', Oxford University Press, 2013 Bankrupts were defined as insolvent persons engaged in trade or business and kept distinct from other insolvents until 1861. The proceedings of that administration were the distribution of the property of an insolvent person to that person's creditors in proportion to the debts. History The first formal regulation of the distribution of the property of an insolvent person to that person's creditors was by the Statute of Bankrupts 1542. Administration was delegated to certain members of the Privy Council and the chief justices of King's Bench and Common Pleas. Commissioners of Bankrupts 1571–1883 1571–1831 Under the Bankrupts Act 1571 administration ...
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13 Eliz
Thirteen or 13 may refer to: * 13 (number), the natural number following 12 and preceding 14 * One of the years 13 BC, AD 13, 1913, 2013 Music * 13AD (band), an Indian classic and hard rock band Albums * ''13'' (Black Sabbath album), 2013 * ''13'' (Blur album), 1999 * ''13'' (Borgeous album), 2016 * ''13'' (Brian Setzer album), 2006 * ''13'' (Die Ärzte album), 1998 * ''13'' (The Doors album), 1970 * ''13'' (Havoc album), 2013 * ''13'' (HLAH album), 1993 * ''13'' (Indochine album), 2017 * ''13'' (Marta Savić album), 2011 * ''13'' (Norman Westberg album), 2015 * ''13'' (Ozark Mountain Daredevils album), 1997 * ''13'' (Six Feet Under album), 2005 * ''13'' (Suicidal Tendencies album), 2013 * ''13'' (Solace album), 2003 * ''13'' (Second Coming album), 2003 * ''13'' (Ces Cru EP), 2012 * ''13'' (Denzel Curry EP), 2017 * ''Thirteen'' (CJ & The Satellites album), 2007 * ''Thirteen'' (Emmylou Harris album), 1986 * ''Thirteen'' (Harem Scarem album), 2014 * ''Thirte ...
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1 Jas
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is ...
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Raikes V Poreau
Raikes may refer to: Members of the prominent English family: * Robert Raikes the Elder (1690-1757), British printer and newspaper proprietor * Robert Raikes (1736-1811), English promoter of Sunday Schools and philanthropist, eldest son of the above * Robert Napier Raikes (1813-1909), British soldier in India, grandson of the above * Cyril Raikes (1875-1963), British soldier, son of the above * Job Mathew Raikes (1767–1833) Governor of the Bank of England from 1801 to 1802 * Thomas Raikes ("the Elder") (1741-1813), British banker, Governor of the Bank of England, third son of Robert Raikes the Elder * Thomas Raikes (dandy) ("the Younger") (1777-1848), British merchant banker, dandy and diarist, eldest son of the above * Harriet Raikes, novelist, daughter of the above * Henry Raikes (1782-1854), British clergyman, younger son of Thomas Raikes "the Elder" * Henry Cecil Raikes (1838-1891), British Conservative politician, son of the above * Sir Victor Raikes (1901-1986), Brit ...
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Vernon V Hankey
Vernon may refer to: Places Australia * Vernon County, New South Wales Canada * Vernon, British Columbia, a city * Vernon, Ontario France *Vernon, Ardèche * Vernon, Eure United States * Vernon, Alabama * Vernon, Arizona * Vernon, California * Lake Vernon, California * Vernon, Colorado * Vernon, Connecticut * Vernon, Delaware * Vernon, Florida, a city * Vernon Lake (Idaho) * Vernon, Illinois * Vernon, Indiana * Vernon, Kansas * Vernon Community, Hestand, Kentucky * Vernon Parish, Louisiana ** Vernon Lake, a man-made lake in the parish * Vernon, Michigan * Vernon Township, Isabella County, Michigan * Vernon Township, Shiawassee County, Michigan * Vernon, Jasper County, Mississippi * Vernon, Madison County, Mississippi * Vernon, Winston County, Mississippi * Vernon Township, New Jersey * Vernon (town), New York ** Vernon (village), New York * Vernon (Mount Olive, North Carolina), a historic plantation house * Vernon Township, Crawford County, Ohio * Vernon ...
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UK Bankruptcy Law
Bankruptcy in the United Kingdom is divided into separate local regimes for England and Wales, for Northern Ireland, and for Scotland. There is also a UK insolvency law which applies across the United Kingdom, since bankruptcy refers only to insolvency of individuals and partnerships. Other procedures, for example administration and liquidation, apply to insolvent companies. However, the term 'bankruptcy' is often used when referring to insolvent companies in the general media. Bankruptcy in England and Wales In England and Wales, bankruptcy is governed by Part IX of the Insolvency Act 1986 (as amended) and by the Insolvency Rules 1986 (as amended). The term bankruptcy applies only to individuals, not to companies or other legal entities. An individual may be made bankrupt only by court order following the presentation of a bankruptcy petition. An individual may present his own petition on the ground that he is insolvent, i.e. unable to pay his debts. A creditor or creditors ...
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History Of Bankruptcy Law
The history of bankruptcy law begins with the first legal remedies available for recovery of debts. Bankruptcy is the legal status of a legal person unable to repay debts. Ancient world In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " debt slavery", until the creditor recouped losses via their physical labour. Many city-states in ancient Greece limited debt slavery to a period of five years and debt slaves had protection of life and limb, which regular slaves did not enjoy. However, servants of the debtor could be retained beyond that deadline by the creditor and were often forced to serve their new lord for a lifetime, usually under significantly harsher conditions. In Judaism and the Torah, or Old Testament, every seventh year is decreed by Mosaic Law as a Sabbatical year wherein the release of all debts that are owed by members of the Jewish community is mandated, but not of "gentiles ...
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