Re Atlantic Computer Systems plc (No 1)

Re Atlantic Computer Systems plc (No 1) is a UK insolvency law case concerning the administration procedure when a company is unable to repay its debts. ^[1]

6 relations: Administration (law), British and Commonwealth Holdings, Hire purchase, Royal Trust Bank v Buchler, Soden v British and Commonwealth Holdings plc, United Kingdom insolvency law.

Administration (law)

As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States.

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British and Commonwealth Holdings

British and Commonwealth Holdings plc was a financial services company which used to be a constituent of the FTSE 100 Index.

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A hire purchase (HP) or known as installment plan in the United States is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g. 40% of the total) and repays the balance of the price of the asset plus interest over a period of time.

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Royal Trust Bank v Buchler

Royal Trust Bank v Buchler BCLC 130 is a UK insolvency law case, which decided that before a creditor may enforce security, it must show it is appropriate to do so.

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Soden v British and Commonwealth Holdings plc

Soden v British and Commonwealth Holdings plc AC 298 is a UK insolvency law case, decided in the House of Lords.

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United Kingdom insolvency law

United Kingdom insolvency law regulates companies in the United Kingdom which are unable to repay their debts.

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Redirects here:

Re Atlantic Computer Systems (No 1), Re Atlantic Computer Systems Ltd (No 1), Re Atlantic Computer Systems plc.

References

[1] https://en.wikipedia.org/wiki/Re_Atlantic_Computer_Systems_plc_(No_1)

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