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"Now, under the bankruptcy act, the lawsuit is stayed."
At once officers of the army and navy were withdrawn from the penalties of the bankruptcy act.
The company filed for reorganization under Chapter 11 of the Federal bankruptcy act last December.
He became a member of the Executive Council in 1859, and introduced the colony's first bankruptcy act in order to make things easier for debtors.
The Bering Straits corporation has filed for reorganization under Chapter 11 of the Federal bankruptcy act while trying to deal with $16 million in debts.
Successive statutes, principally the Bankruptcy Acts and the Companies Acts, contained provisions regulating this subject matter.
Mr. Gorman was named his successor, and soon after that, Penn Central filed for reorganization under the Federal Bankruptcy Act.
This was followed by Court decisions that killed off the Agricultural Administration, the Securities and Exchange Act, a coal act, and a bankruptcy act.
With expanded requirements of the BAPCPA bankruptcy act of 2005, filing a personal chapter 7 bankruptcy is complicated.
His practice grew further with the passage of the Federal Bankruptcy Act of 1867, the first bankruptcy act to cover corporations as well as individuals.
The national bankruptcy act, which took effect in November, applies to state-owned ventures, but so far none of the 7,000 money-losing companies for which the state has direct responsibility have been declared bankrupt.
Napoleon said at once: "This bankruptcy act must not apply to officers in the army and navy; men who have risked their lives for their country should not be shamed because of debt."
Mr. Kent said that his company owned eight television stations and that it was currently operating under Chapter 11 of the bankruptcy act, a position from which he said it would soon emerge.
Brennan held that the rights to be determined in a bankruptcy proceeding were not Congressionally created rights, and therefore the Bankruptcy Act encroached upon the powers of Article III courts.
However, the provisions of the Bankruptcy Act, 1919 apply only when an assignment or receiving order has been issued, and the Winding-Up Act applies only in the case of a company which is in course of being wound up.
LEAD: Eastern Airlines is making progress in putting together a plan to reorganize under the protection of Chapter 11 of the Bankruptcy Act, although two major issues with its unsecured creditors are still unresolved, it was disclosed at a court hearing yesterday.
In 1898, Akerman was a Referee in Bankruptcy (a position created by the Bankruptcy Act of 1898, and the predecessor of modern bankruptcy judges) for the United States District Court for the Southern District of Georgia.
The defendant Oppenheimer set up a previous adjudication upon a former indictment for the same offense that it was barred by the one-year statute of limitations in the bankruptcy act for offenses against that act; an adjudication since held to be wrong in another case.