Insolvency is the state of being unable to pay the money owed, by a person or
company, on time; those in a state of insolvency are said to be insolvent.
A company is considered to be insolvent under English law if it is unable to pay
its debts. There are two tests for corporate insolvency: the cash-flow test: is the ...
Oct 30, 2013 ... These definitions of “insolvent” are referred to as “balance sheet tests” because
they require a comparison of the debtor's assets to its liabilities.
Jun 27, 2013 ... The UK Supreme Court recently considered the scope of the following tests for
whether a company is unable to pay its debts (as set out in ...
May 10, 2012 ... Proving or Contesting Debtor Insolvency. Under the Balance Sheet Test.
Analyzing Insolvency in Preference and Fraudulent Transfer Litigation.
May 13, 2013 ... A company can be wound-up under the Insolvency Act 1986 (“IA”) if it is “unable
to pay its debts”. A company is deemed to be in this position if it ...
Different tests to determine insolvency apply, depending on the context in which
the ... that the company is unable to pay its debts as they fall due (cash flow test).
So how do you know if your business is insolvent? Take the insolvency test and
read this guide for help. Check cash flow, balance sheet and legal action.
the three solvency tests applied in bankruptcy and corporate law. It also explains
why ... they come due (the ability -to-pay solvency test, sometimes referred to as.
Delaware's solvency tests have their origins in common law jurisprudence, and
the tests ... balance sheet test, where insolvency occurs when a company has "a.