Source: http://www.science.gov/topicpages/0-9/2012-07-01+false+bankruptcy.html
Timestamp: 2016-10-28 04:34:28
Document Index: 395262710

Matched Legal Cases: ['§ 4022', 'art 190', 'art 190', 'art 190', '§ 601', '§ 601', '§ 601', '§ 601', '§ 601', '§ 213', '§ 213', '§ 213', '§ 213', '§ 213', '§ 1956', '§ 1956', '§ 1956', '§ 1980', 'art 11', '§ 766', 'art 1403', '§ 68', '§ 68', 'art 190', '§ 190', '§ 4022', 'art 190', 'art 190', 'art 190', 'art 190', '§ 190', '§ 4043', 'art 668', 'art 11', 'art 1951', '§ 1956', 'art 42', 'art 42', 'art 42', 'art 42', '§ 501']

2012-07-01 false bankruptcy: Topics by Science.gov
Sample records for 2012-07-01 false bankruptcy
29 CFR 4022.51 - Determination of section 4022(c) benefits in a PPA 2006 bankruptcy termination.
... 29 Labor 9 2012-07-01 2012-07-01 false Determination of section 4022(c) benefits in a PPA 2006 bankruptcy termination. 4022.51 Section 4022.51 Labor Regulations Relating to Labor (Continued) PENSION... Section 4022(c) Benefits § 4022.51 Determination of section 4022(c) benefits in a PPA 2006...
17 CFR Appendix A to Part 190 - Bankruptcy Forms
... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Bankruptcy Forms A Appendix A to Part 190 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION BANKRUPTCY Pt. 190, App. A Appendix A to Part 190—Bankruptcy Forms bankruptcy appendix form 1—operation of the debtor's estate—schedule of trustee's duties For...
48 CFR 52.242-13 - Bankruptcy.
... 48 Federal Acquisition Regulations System 2 2010-10-01 2010-10-01 false Bankruptcy. 52.242-13 Section 52.242-13 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION (CONTINUED) CLAUSES AND FORMS SOLICITATION PROVISIONS AND CONTRACT CLAUSES Text of Provisions and Clauses 52.242-13 Bankruptcy. As prescribed in 42.903, insert...
26 CFR 601.109 - Bankruptcy and receivership cases.
... 26 Internal Revenue 20 2012-04-01 2012-04-01 false Bankruptcy and receivership cases. 601.109 Section 601.109 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) INTERNAL REVENUE PRACTICE STATEMENT OF PROCEDURAL RULES General Procedural Rules § 601.109 Bankruptcy...
... 26 Internal Revenue 20 2011-04-01 2011-04-01 false Bankruptcy and receivership cases. 601.109 Section 601.109 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) INTERNAL REVENUE PRACTICE STATEMENT OF PROCEDURAL RULES General Procedural Rules § 601.109 Bankruptcy...
... 26 Internal Revenue 20 2010-04-01 2010-04-01 false Bankruptcy and receivership cases. 601.109 Section 601.109 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) INTERNAL REVENUE PRACTICE STATEMENT OF PROCEDURAL RULES General Procedural Rules § 601.109 Bankruptcy...
... 26 Internal Revenue 20 2014-04-01 2014-04-01 false Bankruptcy and receivership cases. 601.109 Section 601.109 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) INTERNAL REVENUE PRACTICE STATEMENT OF PROCEDURAL RULES General Procedural Rules § 601.109 Bankruptcy and receivership cases. (a) General. (1) Upon...
... 26 Internal Revenue 20 2013-04-01 2013-04-01 false Bankruptcy and receivership cases. 601.109 Section 601.109 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) INTERNAL REVENUE PRACTICE STATEMENT OF PROCEDURAL RULES General Procedural Rules § 601.109 Bankruptcy...
7 CFR 4287.170 - Bankruptcy.
... 7 Agriculture 15 2011-01-01 2011-01-01 false Bankruptcy. 4287.170 Section 4287.170 Agriculture Regulations of the Department of Agriculture (Continued) RURAL BUSINESS-COOPERATIVE SERVICE AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE SERVICING Servicing Business and Industry Guaranteed...
... 7 Agriculture 15 2014-01-01 2014-01-01 false Bankruptcy. 4287.170 Section 4287.170 Agriculture Regulations of the Department of Agriculture (Continued) RURAL BUSINESS-COOPERATIVE SERVICE AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE SERVICING Servicing Business and Industry Guaranteed...
... 7 Agriculture 15 2013-01-01 2013-01-01 false Bankruptcy. 4287.170 Section 4287.170 Agriculture Regulations of the Department of Agriculture (Continued) RURAL BUSINESS-COOPERATIVE SERVICE AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE SERVICING Servicing Business and Industry Guaranteed...
... 7 Agriculture 15 2012-01-01 2012-01-01 false Bankruptcy. 4287.170 Section 4287.170 Agriculture Regulations of the Department of Agriculture (Continued) RURAL BUSINESS-COOPERATIVE SERVICE AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE SERVICING Servicing Business and Industry Guaranteed...
48 CFR 232.671 - Bankruptcy reporting.
... 48 Federal Acquisition Regulations System 3 2010-10-01 2010-10-01 false Bankruptcy reporting. 232.671 Section 232.671 Federal Acquisition Regulations System DEFENSE ACQUISITION REGULATIONS SYSTEM, DEPARTMENT OF DEFENSE GENERAL CONTRACTING REQUIREMENTS CONTRACT FINANCING Contract Debts 232.671...
Health care insolvency and bankruptcy.
Handelsman, L; Speiser, M; Maltz, A; Kirpalani, S
Bankruptcy is an event that is often considered a business' worst nightmare. Debt, lawyers, and the U.S. government can lead to the eventual destruction of a business. This article shows how declaring bankruptcy can be a helpful instrument in continuing a successful venture in the health care marketplace. PMID:10182242
Bass, Lisa; Gerstl-Pepin, Cynthia
The authors consider Ladson-Billings' (2006) charge to reframe the way the "achievement gap" is viewed, and put forth the metaphor of "bankruptcy" as a way to acknowledge the educational debt and educational inequity and move towards debt forgiveness in public education. Specifically, the bankruptcy metaphor is used to examine the debt embedded in…
22 CFR 213.34 - Debts that have been discharged in bankruptcy.
... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Debts that have been discharged in bankruptcy... Suspension or Termination of Collection Action § 213.34 Debts that have been discharged in bankruptcy. USAID... General Counsel's office if he believes that any claims or offsets may have survived the discharge of...
... 22 Foreign Relations 1 2011-04-01 2011-04-01 false Debts that have been discharged in bankruptcy... Suspension or Termination of Collection Action § 213.34 Debts that have been discharged in bankruptcy. USAID... General Counsel's office if he believes that any claims or offsets may have survived the discharge of...
... 22 Foreign Relations 1 2012-04-01 2012-04-01 false Debts that have been discharged in bankruptcy... Suspension or Termination of Collection Action § 213.34 Debts that have been discharged in bankruptcy. USAID... General Counsel's office if he believes that any claims or offsets may have survived the discharge of...
... 22 Foreign Relations 1 2013-04-01 2013-04-01 false Debts that have been discharged in bankruptcy... Suspension or Termination of Collection Action § 213.34 Debts that have been discharged in bankruptcy. USAID... General Counsel's office if he believes that any claims or offsets may have survived the discharge of...
... 22 Foreign Relations 1 2014-04-01 2014-04-01 false Debts that have been discharged in bankruptcy... Suspension or Termination of Collection Action § 213.34 Debts that have been discharged in bankruptcy. USAID... General Counsel's office if he believes that any claims or offsets may have survived the discharge of...
24 CFR 201.42 - Bankruptcy, insolvency or death of borrower.
... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Bankruptcy, insolvency or death of..., insolvency or death of borrower. (a) Bankruptcy or insolvency. The lender shall file a proof of claim with... required) shall be retained in the loan file. (b) Death of a borrower. The lender shall file a proof...
... 24 Housing and Urban Development 2 2014-04-01 2014-04-01 false Bankruptcy, insolvency or death of..., insolvency or death of borrower. (a) Bankruptcy or insolvency. The lender shall file a proof of claim with... required) shall be retained in the loan file. (b) Death of a borrower. The lender shall file a proof...
... 24 Housing and Urban Development 2 2013-04-01 2013-04-01 false Bankruptcy, insolvency or death of..., insolvency or death of borrower. (a) Bankruptcy or insolvency. The lender shall file a proof of claim with... required) shall be retained in the loan file. (b) Death of a borrower. The lender shall file a proof...
... 24 Housing and Urban Development 2 2012-04-01 2012-04-01 false Bankruptcy, insolvency or death of..., insolvency or death of borrower. (a) Bankruptcy or insolvency. The lender shall file a proof of claim with... required) shall be retained in the loan file. (b) Death of a borrower. The lender shall file a proof...
7 CFR 1956.111 - Debtors in bankruptcy.
... 7 Agriculture 14 2011-01-01 2011-01-01 false Debtors in bankruptcy. 1956.111 Section 1956.111 Agriculture Regulations of the Department of Agriculture (Continued) RURAL HOUSING SERVICE, RURAL BUSINESS-COOPERATIVE SERVICE, RURAL UTILITIES SERVICE, AND FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE (CONTINUED) PROGRAM REGULATIONS (CONTINUED)...
... 7 Agriculture 14 2013-01-01 2013-01-01 false Debtors in bankruptcy. 1956.111 Section 1956.111...) PROGRAM REGULATIONS (CONTINUED) DEBT SETTLEMENT Debt Settlement-Community and Business Programs § 1956.111... reorganization plans of debtors filing under Chapter 9, Chapter 11, or Chapter 13 as follows: (a) Plans...
... 7 Agriculture 14 2014-01-01 2014-01-01 false Debtors in bankruptcy. 1956.111 Section 1956.111...) PROGRAM REGULATIONS (CONTINUED) DEBT SETTLEMENT Debt Settlement-Community and Business Programs § 1956.111... reorganization plans of debtors filing under Chapter 9, Chapter 11, or Chapter 13 as follows: (a) Plans...
... 7 Agriculture 14 2012-01-01 2012-01-01 false Debtors in bankruptcy. 1956.111 Section 1956.111...) PROGRAM REGULATIONS (CONTINUED) DEBT SETTLEMENT Debt Settlement-Community and Business Programs § 1956.111... reorganization plans of debtors filing under Chapter 9, Chapter 11, or Chapter 13 as follows: (a) Plans...
... 27 Alcohol, Tobacco Products and Firearms 3 2010-04-01 2010-04-01 false Changes through bankruptcy of owner. 479.43 Section 479.43 Alcohol, Tobacco Products, and Firearms BUREAU OF ALCOHOL, TOBACCO, FIREARMS, AND EXPLOSIVES, DEPARTMENT OF JUSTICE FIREARMS AND AMMUNITION MACHINE GUNS, DESTRUCTIVE...
... 27 Alcohol, Tobacco Products and Firearms 3 2014-04-01 2014-04-01 false Changes through bankruptcy of owner. 479.43 Section 479.43 Alcohol, Tobacco Products, and Firearms BUREAU OF ALCOHOL, TOBACCO, FIREARMS, AND EXPLOSIVES, DEPARTMENT OF JUSTICE FIREARMS AND AMMUNITION MACHINE GUNS, DESTRUCTIVE...
... 27 Alcohol, Tobacco Products and Firearms 3 2013-04-01 2013-04-01 false Changes through bankruptcy of owner. 479.43 Section 479.43 Alcohol, Tobacco Products, and Firearms BUREAU OF ALCOHOL, TOBACCO, FIREARMS, AND EXPLOSIVES, DEPARTMENT OF JUSTICE FIREARMS AND AMMUNITION MACHINE GUNS, DESTRUCTIVE...
Ahart, Alan M.
Section 439A of the Education Amendments of 1976 restricts the dischargeability of federal student loans to cases of "undue hardship." The origin, applications, and legal procedures involved in Section 439A and in Section 523(a) of the new Bankruptcy Code are examined and suggestions are made for determining the meaning of "undue hardship." (SF)
The impact of obesity on consumer bankruptcy.
Guettabi, Mouhcine; Munasib, Abdul
Over the last two decades, both bankruptcy and obesity rates in the U.S. have seen a steady rise. As obesity is one of the leading causes of medical and morbidity related economic costs, its influence on personal bankruptcy is analyzed in this study. Using the National Longitudinal Survey of Youth 1979, we employ a duration model to investigate the relative importance of obesity on the timing of bankruptcy. Even after accounting for possible endogeneity of BMI and controlling for a wide variety of individual and aggregate-level confounding factors, being obese puts one at a greater risk of filing for bankruptcy. PMID:25548081
Tedeschi, Gabriele; Mazloumian, Amin; Gallegati, Mauro; Helbing, Dirk
We study a credit network and, in particular, an interbank system with an agent-based model. To understand the relationship between business cycles and cascades of bankruptcies, we model a three-sector economy with goods, credit and interbank market. In the interbank market, the participating banks share the risk of bad debits, which may potentially spread a bank’s liquidity problems through the network of banks. Our agent-based model sheds light on the correlation between bankruptcy cascades and the endogenous economic cycle of booms and recessions. It also demonstrates the serious trade-off between, on the one hand, reducing risks of individual banks by sharing them and, on the other hand, creating systemic risks through credit-related interlinkages of banks. As a result of our study, the dynamics underlying the meltdown of financial markets in 2008 becomes much better understandable. PMID:23300760
Bankruptcy cascades in interbank markets.
We study a credit network and, in particular, an interbank system with an agent-based model. To understand the relationship between business cycles and cascades of bankruptcies, we model a three-sector economy with goods, credit and interbank market. In the interbank market, the participating banks share the risk of bad debits, which may potentially spread a bank's liquidity problems through the network of banks. Our agent-based model sheds light on the correlation between bankruptcy cascades and the endogenous economic cycle of booms and recessions. It also demonstrates the serious trade-off between, on the one hand, reducing risks of individual banks by sharing them and, on the other hand, creating systemic risks through credit-related interlinkages of banks. As a result of our study, the dynamics underlying the meltdown of financial markets in 2008 becomes much better understandable. PMID:23300760
Top Managerial Prestige and Organizational Bankruptcy.
Suggests that bankruptcy occurs when creditors withdraw their support from a firm's top management team. Five characteristics measuring the relative status of top teams tested on a sample of 57 large bankrupt firms and 57 matched firms revealed that membership in political elites and board connections were negatively associated with bankruptcy.…
7 CFR 1980.475 - Bankruptcy.
... REGULATIONS (CONTINUED) GENERAL Business and Industrial Loan Program § 1980.475 Bankruptcy. (a) It is the... lender on liquidation and property management. A. It is the responsibility of the State Program Chief...
Consumer Survival: Money Management, Credit, Bankruptcy.
Allen, Judy L.
To teach money management effectively, an examination of credit use today and a profile of the person in financial trouble are needed. If credit patterns and bankruptcy are understood, recommendations can be made about curriculum content for money management. (SK)
7 CFR 766.303 - Processing loan servicing requests from borrowers in bankruptcy.
... before servicing and any appeal is completed under 7 CFR part 11, the Agency will complete the servicing... 7 Agriculture 7 2010-01-01 2010-01-01 false Processing loan servicing requests from borrowers in... For Borrowers in Bankruptcy § 766.303 Processing loan servicing requests from borrowers in...
7 CFR 1436.16 - Foreclosure, liquidation, assumptions, sales or conveyance, or bankruptcy.
... establish a claim according to 7 CFR part 1403. (5) For loans secured with a real estate lien, CCC may... 7 Agriculture 10 2010-01-01 2010-01-01 false Foreclosure, liquidation, assumptions, sales or conveyance, or bankruptcy. 1436.16 Section 1436.16 Agriculture Regulations of the Department of...
42 CFR 68.15 - When can an NIH LRP payment obligation be discharged in bankruptcy?
... 42 Public Health 1 2014-10-01 2014-10-01 false When can an NIH LRP payment obligation be... HUMAN SERVICES FELLOWSHIPS, INTERNSHIPS, TRAINING NATIONAL INSTITUTES OF HEALTH (NIH) LOAN REPAYMENT PROGRAMS (LRPs) § 68.15 When can an NIH LRP payment obligation be discharged in bankruptcy? Any...
... 42 Public Health 1 2013-10-01 2013-10-01 false When can an NIH LRP payment obligation be... HUMAN SERVICES FELLOWSHIPS, INTERNSHIPS, TRAINING NATIONAL INSTITUTES OF HEALTH (NIH) LOAN REPAYMENT PROGRAMS (LRPs) § 68.15 When can an NIH LRP payment obligation be discharged in bankruptcy? Any...
34 CFR 682.510 - Determination of the borrower's death, total and permanent disability, or bankruptcy.
... 34 Education 3 2010-07-01 2010-07-01 false Determination of the borrower's death, total and permanent disability, or bankruptcy. 682.510 Section 682.510 Education Regulations of the Offices of the Department of Education (Continued) OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION FEDERAL FAMILY EDUCATION LOAN (FFEL) PROGRAM...
...) BANKRUPTCY Pt. 190, App. A Appendix A to Part 190—Bankruptcy Forms Bankruptcy Appendix Form 1—Operation of... Order for Relief 1. Assure that the commodity broker has notified the Commission, its designated self... that a petition or order for relief has been filed (§ 190.02(a)(1)). 2. Attempt to effectuate...
The (interconnected) reasons elder Americans file consumer bankruptcy.
Since the early 1990s, the age distribution of the bankruptcy population has shifted. Specifically, the age distribution curve has flattened, due in large part to an increase in the number of elder Americans (65 and older) who are filing bankruptcy. To date, the reasons for elder bankruptcies have not been studied. Quantitative and qualitative data from 381 elder bankruptcy respondents who participated in the 2007 Consumer Bankruptcy Project suggest that overwhelming interest and fees on credit cards, illnesses and injuries, income problems, aggressive debt collectors, and housing problems are the leading reasons that elder debtors file bankruptcy. Further, the vast majority of elder bankruptcies result not from a single cause, but rather from multiple interconnected causes. PMID:20390721
We analyze the size dependence and temporal stability of firm bankruptcy risk in the US economy by applying Zipf scaling techniques. We focus on a single risk factor—the debt-to-asset ratio R—in order to study the stability of the Zipf distribution of R over time. We find that the Zipf exponent increases during market crashes, implying that firms go bankrupt with larger values of R. Based on the Zipf analysis, we employ Bayes’s theorem and relate the conditional probability that a bankrupt firm has a ratio R with the conditional probability of bankruptcy for a firm with a given R value. For 2,737 bankrupt firms, we demonstrate size dependence in assets change during the bankruptcy proceedings. Prepetition firm assets and petition firm assets follow Zipf distributions but with different exponents, meaning that firms with smaller assets adjust their assets more than firms with larger assets during the bankruptcy process. We compare bankrupt firms with nonbankrupt firms by analyzing the assets and liabilities of two large subsets of the US economy: 2,545 Nasdaq members and 1,680 New York Stock Exchange (NYSE) members. We find that both assets and liabilities follow a Pareto distribution. The finding is not a trivial consequence of the Zipf scaling relationship of firm size quantified by employees—although the market capitalization of Nasdaq stocks follows a Pareto distribution, the same distribution does not describe NYSE stocks. We propose a coupled Simon model that simultaneously evolves both assets and debt with the possibility of bankruptcy, and we also consider the possibility of firm mergers. PMID:20937903
Podobnik, Boris; Horvatic, Davor; Petersen, Alexander M; Urosevic, Branko; Stanley, H Eugene
We analyze the size dependence and temporal stability of firm bankruptcy risk in the US economy by applying Zipf scaling techniques. We focus on a single risk factor--the debt-to-asset ratio R--in order to study the stability of the Zipf distribution of R over time. We find that the Zipf exponent increases during market crashes, implying that firms go bankrupt with larger values of R. Based on the Zipf analysis, we employ Bayes's theorem and relate the conditional probability that a bankrupt firm has a ratio R with the conditional probability of bankruptcy for a firm with a given R value. For 2,737 bankrupt firms, we demonstrate size dependence in assets change during the bankruptcy proceedings. Prepetition firm assets and petition firm assets follow Zipf distributions but with different exponents, meaning that firms with smaller assets adjust their assets more than firms with larger assets during the bankruptcy process. We compare bankrupt firms with nonbankrupt firms by analyzing the assets and liabilities of two large subsets of the US economy: 2,545 Nasdaq members and 1,680 New York Stock Exchange (NYSE) members. We find that both assets and liabilities follow a Pareto distribution. The finding is not a trivial consequence of the Zipf scaling relationship of firm size quantified by employees--although the market capitalization of Nasdaq stocks follows a Pareto distribution, the same distribution does not describe NYSE stocks. We propose a coupled Simon model that simultaneously evolves both assets and debt with the possibility of bankruptcy, and we also consider the possibility of firm mergers. PMID:20937903
Komoto, Yasunobo
Pathological gambling can lead to a number of deleterious consequences, including bankruptcy and suicide. The present study examined the correlation between clinical characteristics of pathological gamblers and history of bankruptcy and suicide attempts. Subjects (141; 124 male) were outpatients at a psychiatric hospital from 2007 to 2010. Demographic and medical variables including age, gender, age of gambling onset, psychiatric complications, suicide attempts, and bankruptcy were assessed. Positive correlations were observed between suicide attempt and female gender, family history of addiction, and unemployment (p < 0.05). Similar variables correlated with bankruptcy (p < 0.05). Multivariate analysis revealed that a family history of addiction was the strongest independent predictor of suicide and bankruptcy. Results suggest that treatment for pathological gambling should address the patient's past experience with addict family members, especially if the patient reports a history of bankruptcy or suicidal ideation. PMID:25285061
Landry, Amy Yarbrough; Landry, Robert J
Between 2000 and 2006, 42 U.S. acute care hospitals filed for bankruptcy protection under federal law. This article explores hospital bankruptcies over a six-year period. Bankrupt hospitals are compared with their competitors, and hospitals surviving bankruptcy are compared with those organizations that eventually close. Finally, this article identifies nonfinancial factors associated with the filings and categorizes these factors into a political and economic framework. A literature review of hospital trade publications is used to identify organizations filing for bankruptcy during this period. Data gathered from these resources are used in concert with American Hospital Association data to identify hospital characteristics and publicly available information on factors surrounding hospital bankruptcy filings. Data on the status of hospitals after filing are also collected to determine whether bankruptcy reorganization is successful or results in hospital closure. Results indicate that 67 percent of hospitals filing for bankruptcy during this time eventually ceased operating. Bankrupt hospitals are smaller than their competitors. They are also less likely to belong to a system and more likely to be investor owned. Factors associated with filing organizations are placed into a political and economic framework derived from Park's work on municipal bankruptcy filings. Common nonfinancial factors associated with hospital bankruptcies include mismanagement, increased competition, and reimbursement changes. PMID:19681358
Professional bankruptcy for the academic physician.
Thornburg, Loralei L; Glantz, J Christopher; Caprio, Thomas V; Gillespie, Suzanne M
In modern academic medicine, the amount of academic time is decreasing as the workload and commitments are increasing. As physicians take on so many professional obligations that there is no way to meet all of the demands of the ever-expanding responsibilities, the question becomes: Should academic physicians ever consider filing for their own "professional bankruptcy"? Presented here are 10 steps to successful academic bankruptcy for the overextended junior faculty. Although somewhat fanciful, this method allows faculty to take an honest and critical assessment of their personal and professional goals and to align their career with these goals. With a critical eye to the future, this alignment will allow faculty to decrease their workload while maintaining productivity. PMID:21976103
... 29 Labor 9 2013-07-01 2013-07-01 false Determination of section 4022(c) benefits in a PPA 2006 bankruptcy termination. 4022.51 Section 4022.51 Labor Regulations Relating to Labor (Continued) PENSION... Section 4022(c) Benefits § 4022.51 Determination of section 4022(c) benefits in a PPA 2006...
... 42 Public Health 1 2011-10-01 2011-10-01 false When can a CIR-LRP payment obligation be discharged in bankruptcy? 68c.14 Section 68c.14 Public Health PUBLIC HEALTH SERVICE, DEPARTMENT OF HEALTH AND HUMAN SERVICES FELLOWSHIPS, INTERNSHIPS, TRAINING NATIONAL INSTITUTE OF CHILD HEALTH AND...
... 42 Public Health 1 2011-10-01 2011-10-01 false When can a CR-LRP payment obligation be discharged in bankruptcy? 68a.14 Section 68a.14 Public Health PUBLIC HEALTH SERVICE, DEPARTMENT OF HEALTH AND HUMAN SERVICES FELLOWSHIPS, INTERNSHIPS, TRAINING NATIONAL INSTITUTES OF HEALTH (NIH) CLINICAL...
... 42 Public Health 1 2010-10-01 2010-10-01 false When can a CR-LRP payment obligation be discharged in bankruptcy? 68a.14 Section 68a.14 Public Health PUBLIC HEALTH SERVICE, DEPARTMENT OF HEALTH AND HUMAN SERVICES FELLOWSHIPS, INTERNSHIPS, TRAINING NATIONAL INSTITUTES OF HEALTH (NIH) CLINICAL...
17 CFR Appendix B to Part 190 - Special Bankruptcy Distributions
... Distributions B Appendix B to Part 190 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION BANKRUPTCY Pt. 190, App. B Appendix B to Part 190—Special Bankruptcy Distributions Framework 1—Special Distribution of Customer Funds When FCM Participated in Cross-Margining The Commission has established...
.... 190, App. A Appendix A to Part 190—Bankruptcy Forms Bankruptcy Appendix Form 1—Operation of the Debtor... Order for Relief 1. Assure that the commodity broker has notified the Commission, its designated self... that a petition or order for relief has been filed (§ 190.02(a)(1)). 2. Attempt to effectuate...
29 CFR 4043.35 - Bankruptcy or similar settlement.
... has actual knowledge of the reportable event. ... REPORTABLE EVENTS AND CERTAIN OTHER NOTIFICATION REQUIREMENTS Post-Event Notice of Reportable Events § 4043.35 Bankruptcy or similar settlement. (a) Reportable event. A reportable event occurs for a plan...
Professional Bankruptcy for the Academic Physician
Thornburg, Loralei L.; Glantz, J. Christopher; Caprio, Thomas V.; Gillespie, Suzanne M.
In modern academic medicine, the amount of academic time is decreasing as the workload and commitments are increasing. As physicians take on so many professional obligations that there is no way to meet all of the demands of the ever-expanding responsibilities, the question becomes: Should academic physicians ever consider filing for their own “professional bankruptcy”? Presented here are 10 steps to successful academic bankruptcy for the overextended junior faculty. Although somewhat fanciful, this method allows faculty to take an honest and critical assessment of their personal and professional goals and to align their career with these goals. With a critical eye to the future, this alignment will allow faculty to decrease their workload while maintaining productivity. PMID:21976103
Zarezadeh, M.; Madani, K.; Morid, S.
A bankruptcy approach is proposed for resolving trans-boundary rivers conflicts in which the total water demand or claim of the riparian parties is more than the available water. Bankruptcy solution methods can allocate the available water to the conflicting parties with respect to their claims. Four bankruptcy rules are used here to allocate the available water to the riparian parties. Given the non-uniform spatial and temporal distribution of water across river basins, bankruptcy optimization models are proposed to allocate water based on these rules with respect to time sensitivity of water deliveries during the planning horizon. Once allocation solutions are developed, their acceptability and stability must be evaluated. Thus, a new stability index method is developed for evaluating the acceptability of bankruptcy solutions. To show how the bankruptcy framework can be helpful in practice, the suggested methods are applied to a real-world tarns-boundary river system with eight riparians under various hydrologic regimes. Stability analysis based on the proposed stability index method suggests that the acceptability of allocation rules is sensitive to hydrologic conditions and demand values. This finding has an important policy implication suggesting that fixed allocation rules and trans-boundary treaties may not be reliable for securing cooperation over trans-boundary water resources as they are vulnerable to changing socio-economic and climatic conditions as well as hydrologic non-stationarity.
26 CFR 301.7433-2 - Civil cause of action for violation of section 362 or 524 of the Bankruptcy Code.
... 26 Internal Revenue 18 2011-04-01 2011-04-01 false Civil cause of action for violation of section 362 or 524 of the Bankruptcy Code. 301.7433-2 Section 301.7433-2 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) PROCEDURE AND ADMINISTRATION PROCEDURE AND ADMINISTRATION Judicial Proceedings Civil Actions by...
Student Loans and Bankruptcies: What Can a University-Creditor Do?
Discusses current bankruptcy law relating to the student loan debtor and outlines permissible activities of a university with respect to such a debtor during and after the bankruptcy proceeding. Advises universities to develop a set of guidelines and procedures for dealing with student loan debtors who file for bankruptcy relief. (MLF)
75 FR 65381 - Hearings of the Judicial Conference Committees on Bankruptcy, Criminal Rules
... UNITED STATES Hearings of the Judicial Conference Committees on Bankruptcy, Criminal Rules AGENCY: Advisory Committee on Bankruptcy Rules and Advisory Committee on Criminal Rules, Judicial Conference of the... on Bankruptcy Rules and the Advisory Committee on Criminal Rules have proposed amendments to...
77 FR 12077 - Meeting of the Judicial Conference Advisory Committee on Rules of Bankruptcy Procedure
... UNITED STATES Meeting of the Judicial Conference Advisory Committee on Rules of Bankruptcy Procedure AGENCY: Judicial Conference of the United States Advisory Committee on Rules of Bankruptcy Procedure. ACTION: Notice of open meeting. SUMMARY: The Advisory Committee on Rules of Bankruptcy Procedure...
76 FR 27089 - Meeting of the Judicial Conference Advisory Committee on Rules of Bankruptcy Procedure
... not complete the program of study for which the loan was intended because the school at which the... the school closed; and (C) Did not complete the program of study through a teach-out at another school... collect from the borrower on any loan received for the program of study for which the loan was made...
... application from the borrower if the— (i) Borrower received a discharge on a loan pursuant to 34 CFR 674.33(g) under the Federal Perkins Loan Program, or 34 CFR 685.213 under the William D. Ford Federal Direct Loan... requirements described in 34 CFR part 668 and section 484(d) of the Act, as applicable and as described...
Control during corporate crisis: asbestos and the Manville bankruptcy.
Delaney, K J
Chapter 11 bankruptcy provides an opportunity for addressing issues of power and control during corporate crisis. A broad notion of power is essential in understanding the complex events that led to the Chapter 11 filing of the Manville Corporation, formerly the nation's leading asbestos manufacturer. The theory of finance hegemony places this case in an entirely new light by taking into account the power of the financial community. The Manville bankruptcy illuminates several mechanisms by which this hegemony operates. From this perspective, Chapter 11 bankruptcy is viewed as a choice made from a set of options severely constrained by other powerful institutions, rather than a result of managerial incompetence or market failure. PMID:1769758
Telipenko, E.; Zakharova, A.; Sopova, Svetlana
The paper presents an overview of well-known bankruptcy risk forecasting models, elaborated as by Russian so by foreign authors, on the basis of the data about financial and business activities of the biggest machine-building Russian plants. The authors substantiate and confirm appropriateness of a fuzzy set model to the problem of bankruptcy risk forecasting. This model is worked out on the basis of 10 most important factors, which have the greatest influence on sales proceeds as the main financial source for a production plant.
7 CFR 1962.47 - Bankruptcy and insolvency.
... before servicing and any appeal is completed under 7 CFR part 11, the Agency will complete the servicing... consistent with the Bankruptcy Code and 7 CFR part 1951, subpart S, as appropriate. (6) In chapter 7 cases... reaffirms the debt, the loan servicing application will be processed in accordance with 7 CFR part...
Landry, Robert J., III
... 7 Agriculture 14 2010-01-01 2009-01-01 true Debtors in bankruptcy. 1956.111 Section 1956.111...) PROGRAM REGULATIONS (CONTINUED) DEBT SETTLEMENT Debt Settlement-Community and Business Programs § 1956.111... reorganization plans of debtors filing under Chapter 9, Chapter 11, or Chapter 13 as follows: (a) Plans...
... 27 Alcohol, Tobacco Products and Firearms 3 2011-04-01 2010-04-01 true Changes through bankruptcy of owner. 479.43 Section 479.43 Alcohol, Tobacco Products, and Firearms BUREAU OF ALCOHOL, TOBACCO, FIREARMS, AND EXPLOSIVES, DEPARTMENT OF JUSTICE FIREARMS AND AMMUNITION MACHINE GUNS, DESTRUCTIVE...
Jersey City Stands Firm against Charges of 'Academic Bankruptcy'.
Reecer, Marcia
Examines Jersey City (New Jersey) Superintendent Franklin Williams' efforts to thwart the state's takeover of his school system, which is facing academic and managerial bankruptcy. An inset mentions other state takeovers or interventions in Texas, New Mexico, and Kentucky school districts facing financial and accreditation difficulties. (MLH)
Recent Cases on Student Transcript Rights after Bankruptcy.
Millsap, Wayne L.; Wright, Pamela S.
A court ruling in the Girardier v Webster College case, that a college or university may validly refuse to issue transcripts to former students who have not repaid their educational loans and who have discharged those obligations through bankruptcy, is discussed along with some related cases. (Author/MLW)
The Bankruptcy Reform Act and Student Loans: Unraveling New Knots.
Ayres, Ted D.; Sagner, Dianne R.
The Bankruptcy Reform Act specifically prohibits discharge of educational loans. This statutory exception is discussed and information is provided for lawyers handling loan collection. The anomalous situation created by the chapter that does not specifically discharge educational debt is also described. (MSE)
77 FR 73660 - Federal Acquisition Regulation; Information Collection; Bankruptcy (FAR subpart 42.9; 52.242-13)
... Regulation; Information Collection; Bankruptcy (FAR subpart 42.9; 52.242-13) AGENCY: Department of Defense... approved information collection requirement concerning Bankruptcy. Public comments are particularly invited... statute, contractors may enter into bankruptcy which may have a significant impact on the...
78 FR 77492 - Hearings of the Judicial Conference Advisory Committee on Rules of Bankruptcy Procedure; Federal...
... UNITED STATES Hearings of the Judicial Conference Advisory Committee on Rules of Bankruptcy Procedure... Bankruptcy Procedure, Judicial Conference of the United States. ACTION: Notice of Cancellation of Open Hearing. SUMMARY: The following public hearing on proposed amendments to the Federal Rules of...
Kidger, Judi; Gunnell, David; Jarvik, Jeffrey G.; Overstreet, Karen A.; Hollingworth, William
The associations between admissions to an emergency department following attempted suicide and personal bankruptcy in the preceding and subsequent 2 years were evaluated. Records from a level 1 trauma center (June 1993-December 2002) in Seattle, WA, were linked with case files from the local U.S. District Bankruptcy Court (June 1991 onward).…
75 FR 81644 - Meeting of the Judicial Conference Advisory Committee on Rules of Bankruptcy Procedure
... From the Federal Register Online via the Government Publishing Office JUDICIAL CONFERENCE OF THE UNITED STATES Meeting of the Judicial Conference Advisory Committee on Rules of Bankruptcy Procedure AGENCY: Judicial Conference of the United States Advisory Committee on Rules of Bankruptcy...
75 FR 32816 - Meeting of the Judicial Conference Advisory Committee on Rules of Bankruptcy Procedure
The Permissibility of Withholding Transcripts under the Bankruptcy Law. NACUA Publication Series.
Tanaka, Paul
Provisions of the U.S. Bankruptcy Code that affect the right of colleges to withhold transcripts as a means of collecting student debts are considered. Automatic stay provisions state that the filing of a petition for bankruptcy relief prohibits actions to collect obligations of the debtor. The discharge injunction provides that once a discharge…
Madani, K.; Zarezadeh, M.; Morid, S.
A novel bankruptcy approach is proposed for resolving transboundary river conflicts in which the total water demand or claim of the riparian parties is more than the available water. Bankruptcy solution methods can allocate the available water to the conflicting parties with respect to their claims. Four commonly used bankruptcy methods in the economic literature are used here to develop new river bankruptcy solution methods for allocating water to the riparian parties of river systems. Given the non-uniform spatial and temporal distribution of water across river basins, the proposed solution methods are formulated as non-linear network flow optimization models to allocate water with respect to time sensitivity of water deliveries at different locations in a river network during the planning horizon. Once allocation optimization solutions are developed, their acceptability and stability must be evaluated. Thus, a new bankruptcy allocation stability index (BASI) is developed for evaluating the acceptability of river bankruptcy solutions. To show how the proposed river bankruptcy framework can be helpful in practice, the suggested methods are applied to a real-world transboundary river system with eight riparians under various hydrologic regimes. Stability analysis based on the proposed stability evaluation method suggests that the acceptability of allocation rules is sensitive to hydrologic conditions and demand values. This finding has an important policy implication suggesting that fixed allocation rules and treaties may not be reliable for securing cooperation over transboundary water resources as they are vulnerable to changing socioeconomic and climatic conditions as well as hydrologic non-stationarity.
76 FR 52349 - Hearings of the Judicial Conference Advisory Committees on Rules of Appellate, Bankruptcy, Civil...
...; Bankruptcy Rules: 1007, 3007, 5009, 9006, 9013, and 9014, and Official Forms 6C, 7, 22A, and 22C. Civil Rules..., Illinois, on February 10, 2012; Civil Rules in Washington, DC, on November 7, 2011, in Phoenix, Arizona,...
Optimal trading from minimizing the period of bankruptcy risk
Liehr, S.; Pawelzik, K.
Assuming that financial markets behave similar to random walk processes we derive a trading strategy with variable investment which is based on the equivalence of the period of bankruptcy risk and the risk to profit ratio. We define a state dependent predictability measure which can be attributed to the deterministic and stochastic components of the price dynamics. The influence of predictability variations and especially of short term inefficiency structures on the optimal amount of investment is analyzed in the given context and a method for adaptation of a trading system to the proposed objective function is presented. Finally we show the performance of our trading strategy on the DAX and S&P 500 as examples for real world data using different types of prediction models in comparison.
Kidger, Judi; Gunnell, David; Jarvik, Jeffrey G; Overstreet, Karen A; Hollingworth, William
The associations between admissions to an emergency department following attempted suicide and personal bankruptcy in the preceding and subsequent 2 years were evaluated. Records from a level 1 trauma center (June 1993-December 2002) in Seattle, WA, were linked with case files from the local U.S. District Bankruptcy Court (June 1991 onward). Univariable and multivariable logistic regression models were used to examine the risk of bankruptcy in (i) the 2 years after and (ii) the 2 years before a suicide attempt using a violent method, compared to patients admitted for any other reason. After adjusting for several confounders, patients who had attempted suicide were more likely than other patients to experience bankruptcy in the following 2 years (OR = 2.10, 95% CIs: 1.29, 3.42). A somewhat weaker association was seen with bankruptcy in the preceding 2 years (OR = 1.68, 95% CIs 1.06; 2.67). Attempted suicide is therefore associated with bankruptcy in the preceding and following 2 years. Changes to legislation, improved mental health counselling for those in financial difficulty, and provision of financial advice to those admitted to hospital following a suicide attempt may reduce future cases of serious self-harm and completed suicide. PMID:22145826
78 FR 43205 - Federal Acquisition Regulation; Submission for OMB Review; Bankruptcy (FAR Subpart 42.9; 52.242-13)
... approved information collection requirement concerning Bankruptcy. A notice was published in the Federal Register at 77 FR 73660, December 11, 2012. No comments were received. DATES: Submit comments on or before... Regulation; Submission for OMB Review; Bankruptcy (FAR Subpart 42.9; 52.242-13) AGENCY: Department of...
Zhou, Ligang; Keung Lai, Kin; Yen, Jerome
Due to the economic significance of bankruptcy prediction of companies for financial institutions, investors and governments, many quantitative methods have been used to develop effective prediction models. Support vector machine (SVM), a powerful classification method, has been used for this task; however, the performance of SVM is sensitive to model form, parameter setting and features selection. In this study, a new approach based on direct search and features ranking technology is proposed to optimise features selection and parameter setting for 1-norm and least-squares SVM models for bankruptcy prediction. This approach is also compared to the SVM models with parameter optimisation and features selection by the popular genetic algorithm technique. The experimental results on a data set with 2010 instances show that the proposed models are good alternatives for bankruptcy prediction.
Atiya, A F
The prediction of corporate bankruptcies is an important and widely studied topic since it can have significant impact on bank lending decisions and profitability. This work presents two contributions. First we review the topic of bankruptcy prediction, with emphasis on neural-network (NN) models. Second, we develop an NN bankruptcy prediction model. Inspired by one of the traditional credit risk models developed by Merton (1974), we propose novel indicators for the NN system. We show that the use of these indicators in addition to traditional financial ratio indicators provides a significant improvement in the (out-of-sample) prediction accuracy (from 81.46% to 85.5% for a three-year-ahead forecast). PMID:18249923
AGU continues 2003 journal access for libraries affected by RoweCom bankruptcy
Following the default of one of its major journal subscription agents, AGU has committed itself to providing campus-wide electronic access for 2003 to libraries whose journal orders are affected by the bankruptcy. The company, RoweCom Inc. of Westwood, Massachusetts, filed for Chapter 11 protection on 27 January 2003.RoweCom folded in December with nearly $80 million in unfulfilled orders which were destined to thousands of publishers. Subscription agents consolidate orders from libraries and transmit payments to publishers for journal subscriptions. The bankruptcy could cost AGU up to $700,000 in lost revenue in 2003, approximately 7% of AGU's gross institutional subscriptions.
Ramsey, Scott; Blough, David; Kirchhoff, Anne; Kreizenbeck, Karma; Fedorenko, Catherine; Snell, Kyle; Newcomb, Polly; Hollingworth, William; Overstreet, Karen
Much has been written about the relationship between high medical expenses and the likelihood of filing for bankruptcy, but the relationship between receiving a cancer diagnosis and filing for bankruptcy is less well understood. We estimated the incidence and relative risk of bankruptcy for people age twenty-one or older diagnosed with cancer compared to people the same age without cancer by conducting a retrospective cohort analysis that used a variety of medical, personal, legal, and bankruptcy sources covering the Western District of Washington State in US Bankruptcy Court for the period 1995-2009. We found that cancer patients were 2.65 times more likely to go bankrupt than people without cancer. Younger cancer patients had 2-5 times higher rates of bankruptcy than cancer patients age sixty-five or older, which indicates that Medicare and Social Security may mitigate bankruptcy risk for the older group. The findings suggest that employers and governments may have a policy role to play in creating programs and incentives that could help people cover expenses in the first year following a cancer diagnosis. PMID:23676531
Ramsey, Scott D.; Blough, David K.; Kirchhoff, Anne C.; Fedorenko, Catherine R.; Snell, Kyle S.; Kreizenbeck, Karma L.; Newcomb, Polly; Hollingworth, William; Overstreet, Karen A.
Much has been written about the relationship between a person’s high medical expenses and his or her likelihood of filing for bankruptcy, but the relationship between receiving a cancer diagnosis and filing for bankruptcy is less well understood. We estimated the incidence and relative risk of bankruptcy for people age twenty-one or older diagnosed with cancer compared to people the same age without cancer by conducting a retrospective cohort analysis that used a variety of medical, personal, legal, and bankruptcy sources covering the Western District of Washington State in US Bankruptcy Court for the period 1995–2009. We found that cancer patients were 2.65 times more likely to go bankrupt than people without cancer. Younger cancer patients had 2–5 times higher rates of bankruptcy compared to cancer patients age sixty-five or older, indicating that Medicare insurance and Social Security may mitigate bankruptcy risk for the older group. The findings suggest that employers and governments may have a policy role to play in creating programs and incentives that could help people cover expenses in the first year following a cancer diagnosis. PMID:23676531
Poor Judgment, Bad Timing Helped Push San Jose's Schools into Bankruptcy.
Following a 1980 strike by San Jose, California, public school teachers, the San Jose school board was embarrassed by a $6.2 million budget surplus into granting a teacher contract beyond its fiscal capacity. The school board's subsequent decision to declare bankruptcy established a controversial precedent for similar actions elsewhere. (JBM)
39 CFR 501.4 - Changes in ownership or control, bankruptcy, or insolvency.
... insolvency. 501.4 Section 501.4 Postal Service UNITED STATES POSTAL SERVICE POSTAGE PROGRAMS AUTHORIZATION TO MANUFACTURE AND DISTRIBUTE POSTAGE EVIDENCING SYSTEMS § 501.4 Changes in ownership or control, bankruptcy, or... in the ownership of an affiliate which exercises control over its Postage Evidencing...
Bankruptcy--Student Loans--Private College's Refusal to Release Transcripts.
Rapp, Larry G.
In Girardier vs Webster College the court held that a private college may refuse to release college transcripts if students have not repaid their National Defense Education Act loans even though they've declared bankruptcy, and that no private remedy could be inferred under the Family Educational Rights and Privacy Act of 1974. Implications are…
Withholding Transcripts for Non-Payment of Educational Debts: Before and after Bankruptcy.
Balkins, A. James
Discusses the legal obstacles, especially in view of the Bankruptcy Reform Act of 1978, to the practice of withholding transcripts from students who owe debts to a college or university. Available from Willamette University College of Law, Salem, OR 97301. (Author/IRT)
Health issues and health care expenses in Canadian bankruptcies and insolvencies.
Himmelstein, David U; Woolhandler, Steffie; Sarra, Janis; Guyatt, Gordon
Illness can contribute to financial problems directly, through high medical bills, and indirectly, through lost income. No previous in-depth studies have documented the role of medical problems among Canadian bankruptcy filers. We obtained the bankruptcy filings from a random sample of 5,000 debtors across Canada and mailed surveys to them seeking information about the medical antecedents of their bankruptcy. A total of 521 debtors responded (response rate of 10.4%), of whom 40.1 percent reported losing at least two weeks of work-related income because of illness or injury in the two years before their filing; 8.3 percent reported a similar income loss because of caregiving responsibilities for someone else who was ill. Although 60.1 percent of respondents reported being responsible for a medical bill within the previous two years, only 6.9 percent had bills over $5,000 (all amounts in Canadian Dollars). Prescription drugs were cited as the costliest medical expense by two-thirds of debtors reporting bills > $5,000, with dental bills cited by 22.2 percent. Universal health insurance affords Canadians protection against ruinous doctor and hospital bills. Inadequate coverage for prescription drugs and dental care, however, leaves some with unaffordable out-of-pocket costs. In addition, illness is a frequent indirect cause of bankruptcy through loss of work-related income. PMID:24684082
Discussed are legal obstacles to the practice of withholding transcripts: how educational debts are handled in bankruptcy proceedings, effect of an order of discharge on the school's rights, and legal barriers when debts have not been discharged. (Journal availability: Willamette University College of Law, Salem, OR 97301, $5.00 entire issue.)…
77 FR 30025 - Meeting of the Judicial Conference Advisory Committee on Rules of Bankruptcy Procedure
... From the Federal Register Online via the Government Publishing Office JUDICIAL CONFERENCE OF THE UNITED STATES Meeting of the Judicial Conference Advisory Committee on Rules of Bankruptcy Procedure AGENCY: Judicial Conference of the United States. ACTION: Notice of open meeting. SUMMARY: The...
One Debt-Financing Option May Increase Risk of College Bankruptcies
A common type of variable-rate financing has suddenly increased the risk of bankruptcy for an unknown number of colleges, said two experts at credit-rating agencies. The threat affects mostly less-wealthy colleges that have used variable-rate bonds either to get a better price when borrowing or because they lacked bond ratings and had little other…
The Permissibility of Withholding Transcripts under Bankruptcy Law. NACUA Publication Series. Second Edition.
McDaniel, Diane L.; Tanaka, Paul
This pamphlet summarizes the legal restraints that affect the right of colleges and universities to withhold transcripts as a means of collecting student debts under the Bankruptcy Code of the United States which provides for restraint on the actions of creditors. An introductory section notes that there are three kinds of relevant bankruptcies…
A new bankruptcy method for conflict resolution in water resources allocation.
Mianabadi, Hojjat; Mostert, Erik; Zarghami, Mahdi; van de Giesen, Nick
Growing competition over water resources has caused political disputes among stakeholders and has brought conflict resolution in the focus of negotiation processes. In these cases, bankruptcy rules for redistributing an asset when it is not sufficient to meet all claims could be applied. In this paper, we develop a new bankruptcy rule for water resources problems that considers agents' contribution to the total resources as well as their claims, which is in accordance with the UN Watercourses Convention (1997), as important factors for reallocation. Using the Euphrates River and a hypothetical case from the literature as examples, the new rule is compared with four alternative rules. The results show that the novel solution is potentially more powerful to help solving conflicts over river sharing problems. PMID:24945702
26 CFR 301.6871(a)-2 - Collection of assessed taxes in bankruptcy and receivership proceedings.
... respecting taxes of which he has notice. Sections 75(l), 77(e), 199, 337(2), 455, and 659(6) of the Bankruptcy Act (11 U.S.C. 203(l), 205(e), 599, 737(2), 855, and 1059(6)) also contain provisions with respect to the rights of the United States relative to priority of payment. For the filing of returns by...
Delli Gatti, Domenico; Di Guilmi, Corrado; Gaffeo, Edoardo; Gallegati, Mauro
Dynamical systems with components whose sizes evolve according to multiplicative stochastic rules have been recently combined with entry and exit processes. We show that the assumptions usually made in modeling exits are at odds with the available evidence. We discuss a recently proposed macroeconomic model with random multiplicative shocks and a mechanism for exit based on bankruptcy, which displays several observed stylized facts for firms' dynamics, like power law distributions for firms' sizes and Laplace distributions for firms' growth rates.
Bankruptcy prediction is a vast area of finance and accounting whose importance lies in the relevance for creditors and investors in evaluating the likelihood of getting into bankrupt. As companies become complex, they develop sophisticated schemes to hide their real situation. In turn, making an estimation of the credit risks associated with counterparts or predicting bankruptcy becomes harder. Evolutionary algorithms have shown to be an excellent tool to deal with complex problems in finances and economics where a large number of irrelevant features are involved. This paper provides a methodology for feature selection in classification of bankruptcy data sets using an evolutionary multiobjective approach that simultaneously minimise the number of features and maximise the classifier quality measure (e.g., accuracy). The proposed methodology makes use of self-adaptation by applying the feature selection algorithm while simultaneously optimising the parameters of the classifier used. The methodology was applied to four different sets of data. The obtained results showed the utility of using the self-adaptation of the classifier. PMID:24707201
Self-adaptive MOEA feature selection for classification of bankruptcy prediction data.
Gaspar-Cunha, A; Recio, G; Costa, L; Estébanez, C
Banegas, Matthew P; Guy, Gery P; de Moor, Janet S; Ekwueme, Donatus U; Virgo, Katherine S; Kent, Erin E; Nutt, Stephanie; Zheng, Zhiyuan; Rechis, Ruth; Yabroff, K Robin
The rising medical costs associated with cancer have led to considerable financial hardship for patients and their families in the United States. Using data from the LIVESTRONG 2012 survey of 4,719 cancer survivors ages 18-64, we examined the proportions of survivors who reported going into debt or filing for bankruptcy as a result of cancer, as well as the amount of debt incurred. Approximately one-third of the survivors had gone into debt, and 3 percent had filed for bankruptcy. Of those who had gone into debt, 55 percent incurred obligations of $10,000 or more. Cancer survivors who were younger, had lower incomes, and had public health insurance were more likely to go into debt or file for bankruptcy, compared to those who were older, had higher incomes, and had private insurance, respectively. Future longitudinal population-based studies are needed to improve understanding of financial hardship among US working-age cancer survivors throughout the cancer care trajectory and, ultimately, to help stakeholders develop evidence-based interventions and policies to reduce the financial hardship of cancer. PMID:26733701
A bankruptcy problem approach to load-shedding in multiagent-based microgrid operation.
A microgrid is composed of distributed power generation systems (DGs), distributed energy storage devices (DSs), and loads. To maintain a specific frequency in the islanded mode as an important requirement, the control of DGs' output and charge action of DSs are used in supply surplus conditions and load-shedding and discharge action of DSs are used in supply shortage conditions. Recently, multiagent systems for autonomous microgrid operation have been studied. Especially, load-shedding, which is intentional reduction of electricity use, is a critical problem in islanded microgrid operation based on the multiagent system. Therefore, effective schemes for load-shedding are required. Meanwhile, the bankruptcy problem deals with dividing short resources among multiple agents. In order to solve the bankruptcy problem, division rules, such as the constrained equal awards rule (CEA), the constrained equal losses rule (CEL), and the random arrival rule (RA), have been used. In this paper, we approach load-shedding as a bankruptcy problem. We compare load-shedding results by above-mentioned rules in islanded microgrid operation based on wireless sensor network (WSN) as the communication link for an agent's interactions. PMID:22163386