Bankruptcy Act of 1933

Bankruptcy Act of 1933
Bankruptcy Act of 1933
a statutory expansion of reorganization for companies Section 77. The Bankruptcy Act of 1933 and the Bankruptcy Act of 1934 were superseded by the Chandler Act of 1938 (Glossary of Common Bankruptcy Terms)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

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  • Bankruptcy Act of 1934 — a further statutory expansion of reorganization for companies; (see Section 77B); the Bankruptcy Act of 1933 and the Bankruptcy Act of 1934 were superseded by the Chandler Act of 1938. (Common Bankruptcy Terms) United Glossary of Bankruptcy Terms …   Glossary of Bankruptcy

  • bankruptcy — /bangk rupt see, reuhp see/, n., pl. bankruptcies. 1. the state of being or becoming bankrupt. 2. utter ruin, failure, depletion, or the like. [1690 1700; BANKRUPT + CY] * * * Status of a debtor who has been declared by judicial process to be… …   Universalium

  • Section 77 of 1933 Act — provided for reorganization of railroads. (During the 1930 s a large number of railroads experienced extreme financial difficulty.) also Section 77B (Glossary of Common Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

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