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...'s right to combine accounts, and also an important decision relating to [[insolvency set-off]]. ...e concerned the Bankruptcy Act 1914 which has since been replaced by the [[Insolvency Act 1986]], but the decision is still treated as authoritative.

{{a|repack|}}“[[True sale]]” is an accounting concept relating to the sale of assets by outright [[title transfer]]. ...f [[security]] which may be treated less favourably in the distribution of insolvency proceeds.

...any is [[unable to pay its debts as they fall due]]<ref>This is [[cashflow insolvency]]</ref>. ...its contingent and prospective liabilities. <ref>This is “[[balance sheet insolvency]]”.</ref>

*'''Better insolvency ranking''': Generally, a creditor’s claim on a secured asset will rank be ...ed as a voidable preference under section 245 of the [[Insolvency Act 1986|Insolvency Act]]<ref>Reg 10 FCRs.</ref>.

...cushion between heath, wealth and good fortune over hand, and apocalyptic insolvency on the other. ...n the run up to the last [[global financial crisis]], with sleight-of-hand accounting called [[debt value adjustment]]s, these people were rightly pelted in the

...are pros and cons to including [[DVA]] in earnings, most people see it as accounting gimmickry that doesn’t reflect any true economic value.” ...on it, you should [[get your coat]]. Just because, as you lurch towards [[insolvency]], the value ''to your creditors'' of your [[liabilities]] tends to zero, i