Tags » Debtor

The Bankruptcy Partition

Corporate bankruptcy law is built around the idea of replicating the hypothetical bargain that would occur among creditors of a firm if they could all negotiate ex ante. 904 more words

Bankruptcy And Restructuring

The Insolvency Act - What Constitutes Bankruptcy?

In this post I will focus on aspects of the Insolvency Act, 2014 particularly, on what constitutes acts of bankruptcy under the Act as well as on the provisions that relate to the appointment of trustees. 509 more words

Jamaican Law

First Principles: Increasing Debt Leads To Sorrow

“He that goes a borrowing goes a sorrowing.” —Benjamin Franklin (1758)

First Principles

Not all Debtors are created equal!

After being in the ARM (accounts receivable management) industry now for many years, I can honestly say I’ve heard almost every story in the book from CEOs, CFOs, healthcare administrators, doctors, dentists, lawyers, accountants, billing managers to janitors as the reasoning or excuses from clients as to why their outstanding balance had not been paid. 666 more words