A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.
WHAT DOES WRONGFUL TRADING MEAN IN ENGLISH?
Wrongful trading is a type of civil wrong found in UK insolvency law, under s 214 Insolvency Act 1986. It was introduced to enable contributions to be obtained for the benefit of creditors from those responsible for mismanagement of the insolvent company.
The translations of wrongful trading from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «wrongful trading» in English.
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «wrongful trading».
FREQUENCY OF USE OF THE TERM «WRONGFUL TRADING» OVER TIME
The graph expresses the annual evolution of the frequency of use of the word «wrongful trading» during the past 500 years. Its implementation is based on analysing how often the term «wrongful trading» appears in digitalised printed sources in English between the year 1500 and the present day.
Examples of use in the English literature, quotes and news about wrongful trading
10 ENGLISH BOOKS RELATING TO «WRONGFUL TRADING»
Discover the use of wrongful trading in the following bibliographical selection. Books relating to wrongful trading and brief extracts from same to provide context of its use in English literature.
Corporate Insolvency Law: Perspectives and Principles
The wrongful trading section has, however, proved to be a great disappointment
in so far as its impact has been low.104 Between 1989 and 1993 there were
92,500 corporate insolvencies in England and Wales but only four wrongfultrading ...
Vanessa Finch, 2002
Unlike fraudulent trading, wrongful trading needs no finding of 'intent to defraud' (which requires a heavy burden of proof). Wrongful trading is therefore a less serious, and more common offence than fraudulent trading.
Lambert M Surhone, Mariam T Tennoe, Susan F Henssonow, 2011
Corporate and Personal Insolvency Law
They recommended the imposition of liability for irresponsible trading for which a
test of unreasonable conduct should apply and which they suggested should be
called 'wrongful trading' and they proposed abolishing civil liability for ...
Fiona Tolmie, 2013
Company Directors' Responsibilities to Creditors
conservative in deciding wrongful trading cases and have been reluctant to find
that the date from which liability for wrongful trading begins was too far back from
the advent ofinsolvent liquidation. In Re Purpoint Ltd  BCC 491 Vinelott J ...
Andrew Keay, 2007
Principles of Lender Liability
(a) Wrongful Trading 'Contribution' and Shadow Directorship If a lender (or one of
its employees/officers acting on its behalf) becomes too closely entwined in the
management of an ultimately insolvent borrower company, then the liabilities ...
Parker Hood, John Virgo, 2012
Creditor Protection in Private Companies: Anglo-German ...
The legal nature of wrongful trading Historic roots and contemporary
classifications Assuming the position of a foreign lawyer wishing to gain a first
orientation about the place of wrongful trading in English law, it may be useful to
consult a ...
Thomas Bachner, 2009
English Private Law
19.165 19.166 19.167 (b) Misfeasance and fraudulent and wrongful trading (i)
Misfeasance A series of provisions in the Insolvency Act 1986 deals with
misfeasance by directors697 and officers of a company and with wrongful and
Andrew Burrows, 2013
Legal Capital in Europe
vation, liability for wrongful trading has in practice only played a relatively modest
role to date. In almost two decades since the Act came into force, as far as can be
seen there are only six published decisions in which liability actions re- sulting ...
Marcus Lutter, 2006
The Business Rules: Protect yourself and your company from ...
Wrongful. trading. Directors (including shadow directors *1) whocontinue to trade
after their business has gone into insolvent liquidation arecommitting
aciviloffence known as wrongful trading. The Insolvency Act 2000 states that a
Jo Haigh, 2013
Company Law Concentrate: Law Revision and Study Guide
In problem questions, wrongful trading is often difficult to identify. Where the facts
of a problem include (i) a recommendation (usually from an auditor) or opinion
that insolvency is unlikely to be avoided, or (ii) a director states that he believes ...
Lee Roach, 2014
7 NEWS ITEMS WHICH INCLUDE THE TERM «WRONGFUL TRADING»
Find out what the national and international press are talking about and how the term wrongful trading is used in the context of the following news items.
CME Group requires profit disgorgement as part of position limit …
In connection with Mr. Oystacher's alleged violation, the relevant IFUS business conduct committee expressly acknowledged that the alleged wrongful trading ... «Lexology, Jun 15»
A guide to the insolvency aspects of the new Deregulation Act and …
Office holders will be able to assign certain claims, including preferences, transactions at an undervalue, wrongful trading and fraudulent trading claims (as well ... «Lexology, May 15»
Developments In The Insolvency World – The Small Business …
The Act provides for these powers to be extended to administrators, allowing administrators to bring proceedings against a director for wrongful trading and ... «Mondaq News Alerts, Apr 15»
Some Accused of Insider Trading May Rethink Their Guilty Pleas
A ruling that tossed out the insider trading convictions of two hedge fund managers may have opened the door for others charged with wrongful trading to get ... «New York Times, Dec 14»
Supreme Court decision in Hungary interprets the term "threatening …
XLIX of 1991 on the insolvency and compulsory winding up procedure (hereinafter referred to as “Insolvency Act”) established the term “wrongful trading”. «Lexology, Oct 14»
Financial liabilities for LLP members: how limited?
Members of an insolvent LLP can be liable for fraudulent or wrongful trading in the same way as directors of a company. Worse still, there is a specific "clawback" ... «Accountancy Age, Apr 12»
In The Red - The Dangers For LLPs Of Trading While Insolvent
So, what is trading while insolvent (or 'wrongful trading' to give it its formal title) and does it apply or matter in a professional practices context? In a traditional ... «Mondaq News Alerts, Dec 11»
« EDUCALINGO. Wrongful trading [online]. Available <https://educalingo.com/en/dic-en/wrongful-trading>. Jun 2021 ».