Insolvency: Difference between revisions
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imported>Doug Williamson (Removed broken link to Will Spinney article) |
imported>Doug Williamson (Link with Voluntary liquidation page.) |
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* [[Solvency II]] | * [[Solvency II]] | ||
* [[Statement of affairs]] | * [[Statement of affairs]] | ||
* [[Voluntary liquidation]] | |||
[[Category:Long_term_funding]] | [[Category:Long_term_funding]] | ||
Revision as of 19:49, 7 September 2017
1.
Inability to pay financial obligations as they fall due.
2.
UK law.
The inability of a company - on a balance of probabilities - to meet all of its existing, prospective and contingent liabilities, taking account of future costs and of future interest obligations.
In making this assessment, future income and future asset valuations are also taken into account.
