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.
Mar 29, 2013 ... This guest post on methods of testing solvency was contributed to the Bankruptcy Blog by David Tabak of NERA Economic Consulting.
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 ...
The Corporate Insolvency Test refers to a method of determining a company's ability to meet its liabilities as they fall due, and whether the total value of its ...
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.
Take the Insolvency Test. Find out if your company is at risk of being insolvent. Insolvency advice given with no obligation to proceed.
We appear in court for bankruptcy and insolvency matters in the Federal and ... of the cash flow test, also known as the commercial solvency of the company.
The liability of a director will be determined by his or her involvement in the decision and authorised distributions while not able to meet the solvency test.