Where a bankruptcy order is made against an undischarged bankrupt and the existing trustee1 has been given the prescribed notice of the making of the application or (as the case may be) the presentation of the petition for the later bankruptcy2, any distribution or other disposition by him of:
(1) any property which is vested in the existing trustee as after-acquired property3;
(2) any money paid to the trustee in pursuance of an income payments order4; and
(3) any property or money which is, or in the hands of the existing trustee represents, the proceeds of sale or application
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Dividends involve a distribution of cash or a distribution of non-cash assets (known as a distribution in kind or a distribution in specie).A scrip dividend (in a tax context, sometimes referred to as a stock dividend) allows a shareholder to receive new shares in a company as an alternative to a
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This Practice Note is an archive of news from the Loan Market Association (LMA) on LMA documentation and related topics. It covers LMA updates from early 2013 to January 2016. For the latest LMA developments since January 2016, see Practice Note: Loan Market Association (LMA)—latest news on
Involuntary manslaughter—introductionManslaughter can be classified as either voluntary or involuntary. Voluntary manslaughter consists of those killings which would be murder (because the accused has the relevant mental element—hence the label voluntary manslaughter) but which are reduced to
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