(Presented by the Diversity in the Profession Committee). This session will help bar leaders, law firm management and in-house counsel understand and recognize what subtle, unconscious and implicit bias is and how, when left unchecked, it can have serious consequences for the legal profession.
The acts of bankruptcy enumerated in the late act of congress, of 19th Aug. 1841, s. 1, are the following: 1. Departure from the state, district, or territory of which a person, subject to the operation of the bankrupt laws, is an inhabitant, with intent to defraud his creditors.
The Bankruptcy Code contains three definitions of âinsolventâ and which definition applies in any particular case turns on the form of the debtor being examined. Section 101(32)(A) defines âinsolventâ for entities such as corporations and individuals as the âfinancial condition such that the sum of such entityâs debts is greater than all of such entityâs property, at fair valuation.â