2. Inbanking, the right of abankto seize adebtor'saccount balanceheld at that bank if adebtis in or near default. Some jurisdictions limit the right of setoff; for example, the United States does not allow it to apply forcommercial loansorcredit carddebt. ...
damages." In the second of the cases, the court, in a proceeding under chapter 11, held that abank's postpetition freezing of the debtor's assets constituted a violation of the Section362(a)(3) prohibition against "any act to obtain possession of property of the estate or ofPassamano,...
5. (Accounting & Book-keeping) (tr) accounting to cancel a credit on (one account) against a debit on another, both of which are in the name of the same person, enterprise, etc 6. (Banking & Finance) (intr) to bring a claim by way of setoff n 7. anything that serves as a ...
Thus, if a debtor owes a creditor $20,000 but the creditor owes the debtor $5,000 in an unrelated matter, setoff allows the debtor effectively to owe only $15,000.2. In banking, the right of a bank to seize a debtor's account balance held at that bank if a debt is in or ...
- 《Banking Law Journal》 被引量: 0发表: 2007年 The law of set-off in bankruptcy and company liquidation No abstract available Derham,R S. - 《University of Cambridge》 被引量: 0发表: 1985年 Lehman Bankruptcy Court Denies Contractual Right to Triangular Setoff York law outside of the ...
The reasons for the similarity are traced back to conditions in the fishery.Clark, BarkleyBanking L.jBarkley Clark.Bank Exercise of Setoff: Avoiding the Pitfalls. Banking Law Journal . 1981Barkley Clark. BANK EXERCISE OF SETOFF:AVOIDING THE PITFALLS[M].Banking Law Journal March,1981....
百度试题 结果1 题目Offshore banking ___ set up in Jersey. A. can B. can be C. would 相关知识点: 试题来源: 解析 B 反馈 收藏
Banking services and debit card opening are subject to identity verification and approval by Green Dot Bank. Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services. QuickBooks Commerce Integration: QuickBooks...
1) set-off 抵销 1. Ficusing on the practice of set -off in the intermational banking activities,the author made some rearch on the following subjects;the choice of proper law of debt,the influence of Lex fori on set -off,the applicable law of soiveent set -off and insolvent set-...