Weitere Beispiele werden automatisch zu den Stichwörtern zugeordnet - wir garantieren ihre Korrektheit nicht.
In certain jurisdictions (including the UK), set-off takes place automatically upon the insolvency of a company.
First, in the event of the insolvency of a company a secured creditor will at least have priority to unsecured creditors and will, according to the seniority of his claim, have priority over any less senior security holders.
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