class of creditors
class of creditors
A group of creditors entitled to similar treatment. (Bernstein's Dictionary of Bankruptcy Terminology)

United Glossary of Bankruptcy Terms 2012.

class of creditors
A group of creditors entitled to similar treatment.

US Bankruptcy 2012.

Glossary of Bankruptcy.

Look at other dictionaries:

  • class of creditors — USA Also known as class. Each of the different categories of claims against a debtor in bankruptcy, accorded similar treatment under a plan of reorganization. Practical Law Dictionary. Glossary of UK, US and international legal terms.… …   Law dictionary

  • class of creditors — A class created by the Bankruptcy Act for the purpose of priority in distribution of a bankrupt s assets. 9 Am J2d Bankr § 1080 …   Ballentine's law dictionary

  • class — n: a group of persons or things having characteristics in common: as a: a group of persons who have some common relationship to a person making a will and are designated to receive a gift under the will but whose identities will not be determined …   Law dictionary

  • class — See tranche. American Banker Glossary In the case of derivative products, options of the same type put or call with the same underlying security. Bloomberg Financial Dictionary See: series. Bloomberg Financial Dictionary In general, refers to a… …   Financial and business terms

  • Companies' Creditors Arrangement Act — Citation RSC 1985, c. C 36[1] Enacted by Parliament of Canada …   Wikipedia

  • separation of patrimony — In Louisiana probate law, the creditors of the succession may demand, in every case and against every creditor of the heir, a separation of the property of the succession from that of the heir. This is what is called the separation of patrimony.… …   Black's law dictionary

  • unimpaired class — USA unimpaired, Also known as unimpaired class. A class of creditors whose legal, equitable or contractual rights are not modified in any way by a plan of reorganization, under which they are paid in full. Unimpaired classes are not entitled to… …   Law dictionary

  • scheme of arrangement — index configuration (form), method Burton s Legal Thesaurus. William C. Burton. 2006 scheme of arrangemen …   Law dictionary

  • Europe, history of — Introduction       history of European peoples and cultures from prehistoric times to the present. Europe is a more ambiguous term than most geographic expressions. Its etymology is doubtful, as is the physical extent of the area it designates.… …   Universalium

  • UNITED STATES OF AMERICA — UNITED STATES OF AMERICA, country in N. America. This article is arranged according to the following outline: introduction Colonial Era, 1654–1776 Early National Period, 1776–1820 German Jewish Period, 1820–1880 East European Jewish Period,… …   Encyclopedia of Judaism

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