Under the pwio , employees who are owed wages , wages in lieu of notice and severance payments by their insolvent employers may apply for ex gratia payments from the fund 根据《破欠条例》的规定，遭无力偿债雇主拖欠工资、代通知金和遣散费的雇员可向基金申请特惠款项。
Liquidation ： in the case of an insolvent company , the process of selling off its assets , paying off its debts , and distributing the remaining cash to owners / shareholders ( to liquidate a company ) 清算；变现：指无力偿债的公司变卖资产偿债，并把余下的现金分配给拥有人股东的过程。
It has frequently taken place in developed countries that a bank withdrawn from its market , which could n ' t pay off or became insolvent because of operation failure or emergencies 银行机构因经营失败或受突发事件的冲击,出现清偿力不足、资不抵债而最终退出市场的现象,在经济发达国家是较为常见的。
According to the government , the issue of insolvent trading in sections 273 and 275 of the companies ordinance is currently being reviewed together with the insolvent trading provisions in the companies ( corporate rescue ) bill 条例草案下有关在无力偿债情况下营商的条文一并检讨。该条例草案的审议工作自
Bankruptcy recall right system also helps to guarantee the accuracy and reasonableness of the ambit of the insolvent property , which endures great significance and necessity in bankruptcy law 破产取回权制度维护了取回权人的合法权益，同时确保破产财产法定范围的精确性和合理性，在破产法上具有很大的意义和必要性。
Under the protection of wages on insolvency ordinance , ex - gratia payment could be made from the fund to employees who had been owed wages , wages in lieu of notice or severance payment by their insolvent employers 根据破产欠薪保障条例，雇员如遭无力清偿债务的雇主拖欠工资代通知金或遣散费，可向基金申请特惠款项。
The german manufacturer of world cup mascot " goleo " has declared itself insolvent . german media reports said sluggish demand for the cuddly toy lion was partly responsible for the firm ' s problems 据路透社5月16日报道， 2006年德国世界杯的吉祥物狮子格列奥自面世后就不太受大众欢迎，市场需求很少，这成为其生产商nici玩具公司破产的原因之一。
A debtor that , upon voluntary petition or one invoked by the debtor ' s creditors , is judged legally insolvent . the debtor ' s remaining property is then administered for the creditors or is distributed among them 破产者经自愿请求或被债务人的债权人所请求，在法律上被判定为无偿债能力的债务人。该债务人的剩余财产交由债权人管理或在债权人之间分配
The wage security division of the labour department assists employees who are owed wages , wages in lieu of notice and severance payment by insolvent employers to apply for ex gratia payment from the protection of wages on insolvency fund 劳工处薪酬保障科协助因雇主无力偿债而遭拖欠工资、代通知金和遣散费的雇员，向破产欠薪保障基金申请特惠款项。
