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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.

Corporate insolvency: the basics - Out-Law.com


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 ...

Weil Bankruptcy Blog | The Statutory Definition of “Insolvent” – Part ...


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.

Linklaters - Supreme Court clarifies balance sheet insolvency test


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 ...

Proving or Contesting Debtor Insolvency Under the Balance Sheet ...


May 10, 2012 ... Proving or Contesting Debtor Insolvency. Under the Balance Sheet Test. Analyzing Insolvency in Preference and Fraudulent Transfer Litigation.

delaware's solvency test - Delaware Journal of Corporate Law


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.

Proving Solvency - Richards, Layton & Finger


bankruptcy trustee) benefits from a presumption of insolvency in non-insider ... E.D. Pa. 2006) (Balance sheet test for insolvency same under Bankruptcy Code.

PLC - Insolvency (corporate)


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).

What are the warning signs of an insolvent company & insolvency test


When directors are caught up in the day-to-day running of their company, it is easy to miss the signs of approaching insolvency. Warning signs listed here.

What is the Corporate Insolvency Test for a Limited Company in the ...


Corporate Insolvency Test for a Limited Company. Begbies Traynor is the UK's market leader in business recovery. With over 30 UK offices and 400 staff we are  ...

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Weil Bankruptcy Blog | The Solvency Two-Step | Weil Gotshal


Mar 29, 2013 ... Weil Gotshal & Manges| CONTRIBUTOR'S CORNER This guest post on methods of testing solvency was contributed to the Bankruptcy Blog by ...

When is a company insolvent: "cash-flow" v "balance-sheet ...


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 ...

Take the Insolvency Test | Gibson Hewitt


How do I know whether or not my business is insolvent? There are two tests of insolvency - the cash flow test and the balance sheet test. If your business or.