By John Armour, Howard Bennett
This booklet examines powers and treatments on hand to a liquidator or administrator that render "vulnerable" the company's previous contractual commitments or proprietary inclinations in order to increase the asset pool on hand to collectors. within the strategy, the booklet does issues. First, it deals entire debts of the correct explanations of motion: undervalued transactions, personal tastes, overdue floating fees, unregistered fees, transactions defrauding collectors, gratuitous company transactions and post-petition inclinations in liquidation. Secondly, it seeks to elevate matters concerning the context and function of those reasons of motion, lots of that have now not but been totally explored within the case legislations or educational literature. those are thought of via a dialogue in their courting to the pari passu precept, a restitutionary research of the remedial provisions, and matters coming up in particular in cross-border and foreign insolvency court cases.
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Extra resources for Vulnerable Transactions in Corporate Insolvency
They were used to attack military and civilian targets. 28 The first German airship raid on London took place on May 31, 1915. A second attack took place on September 15. By the end of the war, British cities had suffered 51 airship attacks. 814 kg) of explosives were dropped and 557 lives were lost. By 1917, however, German and British airships were used mostly for reconnaissance. Newly designed planes could fly higher, and incendiary bullets—or bullets designed to start fires—could cause the hydrogen-filled aircraft to explode.
England do ve r Ypres Brussels m eR iv er Ca Belgium se Meu na Rive Cambrai r Argonne Forest Cana l So m du N ord Valenciennes l de l a S e n s st ra it o f ée Amiens Luxembourg Germany M Verdun France St. Mihiel er Se in e v Ri ne ar Paris Ri ve r Hindenburg Line Allied starting position Allied advance by November 11 Allied advance 0 0 Canada’s Hundred Days Because of the major role played by Canadian forces, the Hundred Day Offensive is often called Canada’s Hundred Days. Fighting began in August 1918 and lasted until November 11, the day the armistice was signed.
But these actions proved to be Germany’s final efforts. While German troops and resources were stretched even more, the Allies were receiving reinforcements and actually increasing their numbers. The Canadian Corps played a large part in these Allied offensives. The Canadian Corps gained a reputation for leading successful charges. In August 1918, Allied leaders planned a major offensive in France. Canadian troops moved north to Ypres and tricked the Germans into thinking a major offensive was coming from that direction.