Priority Claim - Law Dictionary Search Results
priority claim
Matched in: Term priority claim
absolute priority rule
Matched in: Term absolute priority rule
Priority
Matched in: Term Priority
Keep your definitions linked to case research
Chose
assignor would have been entitled to claim such debt, etc., is effectual in law (subject to equities having priority over the right of the assignee) to pass and transfer from the date of such notice (a) the
interest
need to obtain a judgment in court and levy on the property. Further, it provides the creditor with priority over competing claims against the property. terminable interest : an interest (as in a life estate) that will … between, make a difference, concern, from inter- between, among + esse to be] 1 : a right, title, claim, or share in property Article Nine security interest : security interest in this entry beneficial interest : the
priority
Matched in: Term priority
notice
of, relating to, or being a recording act in which a party having an interest in property has priority over any earlier unrecorded claims of which the party had no notice compare pure race, race-notice … notice 1 a : a notification or communication of a fact, claim, demand, or proceeding see also process, service NOTE: The requirements of when, how, and what notice must be
Preferential payments
by s. 264 (4) (b) of the Companies Act, 1929, these debts are to have priority over the claims of holders of debentures or debenture stock under any floating charge created by a company. The debts are … and the (English) Companies Act, 1929, s. 264, by which these debts are directed to be paid in priority to all others; and by s. 264 (4) (b) of the Companies Act, 1929, these debts are to
trustee in bankruptcy
creditors and who administers the property for the purpose of making payments to the creditors according to the priority of their claims: as a : the trustee in a chapter 7 or chapter 11 case who is … administers the property for the purpose of making payments to the creditors according to the priority of their claims: as a : the trustee in a chapter 7 or chapter 11 case who is charged with duties
Crown debts
Crown debts. It is a prerogative of the Crownto claim priority for its debts before all other creditors, and to recover them by a summary process called an extent.
Try the research workspace - 7 days free