50 events with tag "bankruptcy"
1283
ID: 2280
Statute of Acton Burnell - first English statute dealing with merchant debt, allowing imprisonment of defaulting debtors and seizure of goods
ID: 2280
1285
ID: 2281
Statute of Merchants (Statute of Westminster II) - strengthens creditor remedies, introduces recognizance procedure for merchant debts
ID: 2281
1327
ID: 2282
First recorded cessio bonorum in Italian city-states - debtor surrenders all assets to creditors in exchange for discharge, prototype of bankruptcy
ID: 2282
1340
ID: 2283
Edward III defaults on loans from Peruzzi and Bardi banks - sovereign default causes collapse of major Italian banking houses
ID: 2283
1375
ID: 2285
Florence establishes specialized bankruptcy court - Mercanzia handles insolvency cases with summary procedure
ID: 2285
1394
ID: 2286
Barcelona creates first comprehensive bankruptcy statute - distinguishing honest from fraudulent bankruptcy, allowing composition with creditors
ID: 2286
1494
ID: 2289
Augsburg Fugger bank pioneers double-entry bookkeeping for bankruptcy proceedings - systematic accounting of assets and liabilities
ID: 2289
1531
ID: 2290
Antwerp develops bankruptcy certificate system - discharged debtors receive certificate allowing return to trade
ID: 2290
1536
ID: 2291
Spain establishes quiebra (bankruptcy) procedures - automatic stay on creditor actions, elected syndics manage estate
ID: 2291
1542
ID: 2292
First English bankruptcy statute under Henry VIII - only applies to traders, allows commissioners to seize and sell assets, no discharge
ID: 2292
1556
ID: 2293
Philip II of Spain defaults - largest sovereign bankruptcy in history, German and Italian bankers ruined
ID: 2293
1570
ID: 2294
English statute makes fraudulent bankruptcy a capital crime - concealing assets from creditors punishable by death
ID: 2294
1596
ID: 2296
Spanish Netherlands bankruptcy ordinance - first to allow voluntary bankruptcy petition by debtor, not just creditor-initiated
ID: 2296
1604
ID: 2297
English bankruptcy law adds discharge provision - commissioners can grant certificate of conformity releasing cooperative debtor from debts
ID: 2297
1623
ID: 2299
English statute requires creditor consent for bankruptcy discharge - 4/5ths in number and value must agree to certificate
ID: 2299
1649
ID: 2300
Hanseatic League cities develop konkursordnung - priority rules for creditor payment, secured creditors first, then wages, then general creditors
ID: 2300
1673
ID: 2303
French Ordinance of Commerce (Code Savary) - comprehensive commercial code including bankruptcy and partnership rules, model for Europe
ID: 2303
1692
ID: 2305
Daniel Defoe imprisoned for bankruptcy - owes £17,000, writes Essay on Projects proposing bankruptcy reform while in Fleet Prison
ID: 2305
1697
ID: 2306
First bankruptcy commissioners' manual published in England - standardizing procedures for asset collection and distribution
ID: 2306
1703
ID: 2307
Scottish bankruptcy law allows discharge after 5 years - more liberal than English law, reflecting Roman cessio bonorum tradition
ID: 2307
1705
ID: 2308
English statute makes bankruptcy discharge permanent - previously could be revoked if debtor acquired new property
ID: 2308
1732
ID: 2312
English Bankruptcy Act reforms - Lord Chancellor gains supervisory power over commissioners, beginning of judicial control
ID: 2312
1744
ID: 2314
Prussian bankruptcy code allows rehabilitation after 10 years - bankrupt can return to full civil rights, influenced by Enlightenment
ID: 2314
1764
ID: 2318
Amsterdam creates eerste kamer (first chamber) for bankruptcy - specialized commercial court with merchant judges
ID: 2318
1771
ID: 2319
English Bankruptcy Act allows trading debtor to petition for own bankruptcy - previously only creditors could initiate
ID: 2319
1777
ID: 2321
French establish juridiction consulaire - merchant courts for bankruptcy with elected merchant judges
ID: 2321
1788
ID: 628
French judicial revolt - Parlements refuse royal edicts, Louis XVI announces Estates-General for 1789
ID: 628
1794
ID: 2326
Jay Treaty includes bankruptcy provisions - reciprocal recognition of bankruptcy proceedings between Britain and United States
ID: 2326
1797
ID: 2327
Robert Morris imprisoned for debt - financier of American Revolution spends 3 years in debtors' prison, sparking bankruptcy law debate
ID: 2327
1800
ID: 2328
First U.S. Bankruptcy Act passed - applies only to merchants and traders, allows voluntary and involuntary bankruptcy, discharge available
ID: 2328
1803
ID: 2329
U.S. Bankruptcy Act repealed - Federalist law seen as favoring merchants over farmers, states resume control
ID: 2329
1807
ID: 2330
French Commercial Code (Code de Commerce) - Napoleon systematizes bankruptcy and partnership law, influence spreads across Europe
ID: 2330
1813
ID: 2332
English Insolvent Debtors Act - allows non-traders to obtain release from debtors' prison after surrendering property
ID: 2332
1819
ID: 2334
Sturges v. Crowninshield - U.S. Supreme Court upholds state bankruptcy laws in absence of federal law
ID: 2334
1825
ID: 2335
English Bankruptcy Consolidation Act - comprehensive reform, codifies 11 previous statutes, creates modern bankruptcy framework
ID: 2335
1827
ID: 2336
Ogden v. Saunders - Supreme Court rules state bankruptcy laws cannot impair contracts made before enactment
ID: 2336
1831
ID: 2337
English Bankruptcy Court established - specialized court with dedicated judges replaces commissioner system
ID: 2337
1849
ID: 2343
English Insolvent Debtors Act extended - all persons can petition for insolvency, not just traders
ID: 2343
1861
ID: 2346
English Bankruptcy Act - abolishes debtors' prisons except for fraud, bankruptcy becomes economic not moral issue
ID: 2346
1867
ID: 2349
Second U.S. Bankruptcy Act - passed after Civil War, applies to all persons not just traders, involuntary and voluntary
ID: 2349
1869
ID: 2350
Debtors Act abolishes imprisonment for debt in England - except for deliberate refusal to pay when able
ID: 2350
1874
ID: 2351
U.S. Bankruptcy Act amended - allows compositions with creditors, 50% can bind all if court approves
ID: 2351
1878
ID: 2352
U.S. Bankruptcy Act repealed again - opposition from agrarian interests, states resume control
ID: 2352
1883
ID: 2353
English Bankruptcy Act - Official Receiver created, public official supervises all bankruptcies
ID: 2353
1898
ID: 2359
U.S. Bankruptcy Act (Nelson Act) - permanent federal bankruptcy law, creates referee system, allows voluntary bankruptcy
ID: 2359
1901
ID: 2360
Australian Bankruptcy Act - federal law for new Commonwealth, combines English and American features
ID: 2360
1919
ID: 2365
German Bankruptcy Code reform - allows discharge without creditor consent, social view of bankruptcy
ID: 2365
1926
ID: 2366
English Bankruptcy Act - consolidates Victorian reforms, official receiver system mature, discharge liberalized
ID: 2366
1934
ID: 2368
Corporate bankruptcy reorganization in U.S. - Section 77B allows companies to restructure not just liquidate
ID: 2368
1938
ID: 2369
Chandler Act reforms U.S. bankruptcy - creates Chapter X (corporate reorganization) and Chapter XI (arrangements)
ID: 2369