Bankruptcy
- Chandler Act in 1938
- Bankruptcy Reform Act of "
- 1898
- 1975
- 1978
- UILA - Uniform Insurers Liquidation Act
- 1973 - GOV (House) - Report of the Commission on the Bankruptcy Laws of the United States - Part 1 - 343p
- UILA - Uniform Insurers Liquidation Act
- 1940 - LR - Legislation: The Uniform Insurers Liquidation Act - 12p
- Although there has been a vast improvement in national bankruptcy legislation, with the passage of the Chandler Act in 1938,2 so that the receivership device has been abandoned to a large degree by most corporations, insurance companies have been excluded from the Act.3
- Consequently, they must still rely upon receivership and local statutory substitutes for insolvency proceedings.
- Although there has been a vast improvement in national bankruptcy legislation, with the passage of the Chandler Act in 1938,2 so that the receivership device has been abandoned to a large degree by most corporations, insurance companies have been excluded from the Act.3
- 1940 - LR - Legislation: The Uniform Insurers Liquidation Act - 12p
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1975 - GOV (Senate) - The Bankruptcy Reform Act, Quentin N. Burdick (D-ND)
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Part 1 - FEBRUARY 19, 20; MARCH 12, 13; APRIL 16, 17, 24 - [PDF-345p-GooglePlay]
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Part 2 - APRIL 29, 30; JUNE 4; JULY 31; SEPTEMBER 24, 25; OCTOBER 1 , 8, 30; NOVEMBER 5, 6, 11, 12, AND 18 - [PDF-717p-GooglePlay]
- p11 - Philip A. Loomis, [SEC] Commissioner, Securities and Exchange Commission - ...and the Superintendent of Insurance case, has considerably expanded the scope of private litigation for violations of the securities laws, as compared with what existed before.
- And this, of course, has encouraged private plaintiffs to bring actions.
- Class actions have also become more common than they used to be.
- And class actions are frequently used in securities cases where you will have a person who has defrauded each of 10,000 people out of a $100, and no one of them can effectively sue, but if you have got a class action for all 10,000, it is an action worth bringing and may be brought.
- p11 - Philip A. Loomis, [SEC] Commissioner, Securities and Exchange Commission - ...and the Superintendent of Insurance case, has considerably expanded the scope of private litigation for violations of the securities laws, as compared with what existed before.
- Senate - Committee on the Judiciary - Subcommittee on Improvements in Judicial Machinery
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- Report of the Commission on the Bankruptcy Laws of the United States
The Business Lawyer
Vol. 29, No. 1 (November 1973), pp. 75-116 (42 pages)
Published By: American Bar Association