- assignment, for, the, general, benefit, of, creditors
- cession f(de biens)au profit des créanciers en général
English-French legislative terms. 2015.
English-French legislative terms. 2015.
assignment for benefit of creditors — A general assignment for benefit of creditors is transfer of all or substantially all of debtor s property to another person in trust to collect any money owing to debtor, to sell property, to distribute the proceeds to his creditors and to… … Black's law dictionary
assignment for benefit of creditors — A general assignment for benefit of creditors is transfer of all or substantially all of debtor s property to another person in trust to collect any money owing to debtor, to sell property, to distribute the proceeds to his creditors and to… … Black's law dictionary
general assignment for benefit of creditors — A conveyance by a debtor without consideration from the grantee of substantially all his property to a party in trust to collect the amount owing to him, to sell and convey the property, to distribute the proceeds of all the property among his… … Ballentine's law dictionary
assignment — as·sign·ment n 1: the act of assigning 2 a: a position, post, or office to which one is assigned b: a task assigned 3: a present transfer of property or rights absolute assignment: an assignment in which the transfer is complete and leaves the… … Law dictionary
general estate — The entire estate both real and personal of a person, but particularly the entire property left by a decedent. In a more narrow sense, that part of the estate of a decedent, a bankrupt, a debtor in receivership, or an assignor under an assignment … Ballentine's law dictionary
general — gen·er·al / jen rəl, je nə / adj 1: involving, applicable to, or affecting the whole 2: involving, relating to, or applicable to every member of a class, kind, or group 3: not confined by specialization or limitation 4: relating to, determined by … Law dictionary
General assignment — A general assignment is a concept in bankruptcy law that has different meanings in different jurisdictions. * In the United states, a general assignment is simply a contract whereby the insolvent entity ( Assignor ) transfers legal and equitable… … Wikipedia
general assignment — An assignment made for the benefit of all the assignor s creditors, instead of a few only; or one which transfers the whole of his estate to the assignee, instead of a part only … Black's law dictionary
general assignment — An assignment made for the benefit of all the assignor s creditors, instead of a few only; or one which transfers the whole of his estate to the assignee, instead of a part only … Black's law dictionary
general assignment — noun : an assignment of all one s property not exempt by law for the benefit of all one s creditors with only such preferences as may be allowed … Useful english dictionary
Commercial insolvency in Canada — A closed restaurant in Gananoque, Ontario Commercial insolvency in Canada has options and procedures that are distinct from those available in consumer insolvency proceedings. It is governed by the following statutes: The Bankruptcy and… … Wikipedia