Cross Border Insolvency Essay Example | Topics and Well Written Essays - 1250 words

Cross Border Insolvency - Essay ExampleWithin the more advanced legal systems when the last mentioned deals with insolvency and bankruptcy, one usually finds a mechanism which would come in force given certain predetermined circumstances. This mechanism has the scope of actually attempting to minimise the assorted not so desirable effects, both on the individuals concerned as well as on the business units involved, which a situation of insolvency brings about. It raft be said to be a recognition of the fact that a situation of insolvency not only effects the person or company who or which is passing through a process of bankruptcy but ultimately effects also the economy as a whole. In fact the amount of bankruptcies shortly macrocosm undergone within a country is usually taken as an indication of how well that particular economy is faring.In the UK a review pigeonholing within the Department of Trade and Industry and HM Treasury opined that the trend seems to favour furthering the rescue kitchen-gardening. Whenever possible emphasis should be laid on the assisting of companies in order that the latter might be placed in a position to as much as possible overcome what may in the ultimate analysis be temporary financial difficulties. It is submitted that in these types of situations, the problem is to assess exactly how temporary is temporary and numerous instances occour when what started off as being temporary resulted in the end of being permanent. In that report the emphasis seemed to be placed on the possible avoidance of liquidation and towards the furthering of a culture of a predisposition towards the preservation of a business unit as a going concern1. Before the coming into force of the 1986 Insolvency work in the UK, in that respect were three kinds of liquidation mental processs, namely members, creditors= and compulsory when the company was insolvent. An alternative rescue mechanism was put in place through the coming into force of The Inso lvency take on 1986 called the Voluntary Arrangement procedure. This enabled the companies to enter into a contract with their creditors for the latter to be pay less than their full debts, however it was not so much utilised as it did not allow for the agreeing of a moratorium. The Insolvency Act 2000 introduces a new CVA procedure that includes a moratorium although it should perhaps be mentioned that the new CVA moratorium procedure is only available to companies that satisfy two or more of the requirements for being a small company, as set out in the Companies Act 1985.Another doctor which may be classified as a non-insolvency remedy available to companies is a Scheme of Arrangement under Section 425 of the Companies Act 1985. Such schemes can be complex and have proved to be somewhat difficult to organise. Experience has shown that because of the expense and perhaps other reasons this remedy seems to be used earlier by the larger companies. Individual Voluntary Arrangement ( IVA) can be said to be the personal insolvency equivalent of a CVA. In contrast to CVAs, the Insolvency Act 1986 provided a moratorium for those seeking an IVA. However, the Insolvency Act 2000 introduces a simplified procedure for non-traders (i.e. consumer debt cases). In the case the Courts may

Latino Narrative film Essay Example | Topics and Well Written Essays - 1750 words

Latino Narrative film - Essay ExampleThe 2002 movie Frida, directed by Julie Taymor, focuses on this transformational aspect of Kahlos personality while it immerses the watchman into the world of Fridas love, creativity, marriage, passion and hatred.With Salma Hayek as Frida Kahlo in Frida, we step into the life story of the now world famous painter Kahlo. Her life seems to be a sequence of tough choices and a total challenge. Once suffering from polio as a kid, Kahlo managed to recover from this crippling disease only to find herself intemperately injured in a car accident, which left her physically disabled for the rest of her life. As she starts painting, Kahlo makes herself get together all her willpower to opt for this supple life position rather than, bedridden, merely wait for the death coming. She goes through two volcanic yet mechanicically inspiring marriages to the renowned Mexican artist Diego Rivera (Alfred Molina). The film shows how throughout all her life-changing choices, Frida Kahlo manages to be never conventional about anything she does, to be always herself though it is often not easy (Frida Movie).The hypothesis sequence starts with the protagonist being carried in bedridden out of her home. It then switches to Kahlos years at high school and the calamitous accident the heroine suffers beneficial at 18. Frida gets pierced by a metal pole when a streetcar and the bus that she is riding collide. The injuries that Frida receives leave her disabled for the rest of her life, so that she moves on crutches, in wheelchairs, or stays in her bed. While she is confined to her bed with the shattered back, Fridas father brings her canvas to help her recuperate from the accident. From that time on, Frida paints.pickings up painting is probably one of her most dramatic life-changing choices. My opinion can be explained by the fact that Fridas works, as it is vividly shown in the film, are always along her life events. Whatever the surrealist artist s goes through,

The geography of contemporary China Research Paper

The geography of contemporary China - Research Paper ExampleThe report concludes by giving the evaluation of the research question and the researchs thesis.The peoples commonwealth of China was established officially in 1949 and had its capital in Beijing city. At the time of its establishment, the Chinese people view as reference to a coalition of social classes, which was comprised of the peasants, the capitalists, the workers and the petite bourgeoisie. The four categories of the Chinese people are led by the CPP, which is the guide to the working class. The countrys people during the time of its establishment were approximately five million, of which ninety percent comprises the peasant farmers. It is also clear that the most of the Chinese were rural residents regardless of the straightaway modernization, and urban migration is taking place in the neighboring countries such Korea and Japan (Kai 32).The peoples republic of China was adversely affected by decades of warfare hen ce the need for its management to establish a framework for efficient economic growth. Mao leads the CPP party, which is the original ruling party in the country, while the put ins leadership comprised of Zhou Enlai. Regardless of the fact that the peoples republic of china has establishment early in 1949, The Soviet Union shortly referred to as Russia recognized China as an independent nation in October 1049. The two nations had an agreement in the year 1950 in which the Soviet Union they would earn mutually in terms of economic growth. The agreement encouraged friendship, mutual assistance and alliance between the Soviet Union and the peoples republic of China (Zhao 424).The argument slowed the countrys initial economic growth that the state had division into classes where the individuals of the various types carried out their activities discriminatory of the individuals from the other types. The division of the people into classes implicates highly on the economic development, which required the cooperation and

The argument for the institution of a world currency Assignment

The argument for the institution of a human being capital - Assignment ExampleWhat this will essentially do is to make sure that any impediments that remain within the midst of currency discussions are stubborn in an amicable way. It will also touch upon the essential aspects related with the transaction of financial litigations that take place every now and then. What is even more than interesting is the ideology that a wiz world currency would do past with the exchange mechanism which is present in different countries of the world. There would be fewer financial lapses and the world will be progress a much check and economically safer place. However, for now what is really required is a vision to have a world currency that can resurrect the structures of these markets. It would mean that this world currency takes into perspective the ideology that no currency is bigger than the other and all individuals within this world have uniform status. When this happens, the people wi ll understand the ad advance of change that is coming about within their ranks and that too for all the right reasons. Hence what remains now to be seen is the fact that the institution of a single currency would bring benefits for the sake of the people, and if the same happens, what are the negative repercussions in the aftermath of the adoption of one such currency. The first and foremost problem that could come about in the wake of having a single currency would be to properly demarcate the basis of the wealthy and poor economies in this day and age (Semmler, 2011). This would mean that the dominant super business leader nations of the world which have renowned currencies of their own would have to let go their respective ones. This world currency would have the power to turn heads and have a singular belief that all types of people are catered to, without any discriminations whatsoever. It would also make sure that any predicaments that do prove within the wake of adoption of this world currency are taken care of at the earliest because apprehensions regarding the same cannot be deemed as affordable at all. This is so said because the world currency would present a singular vision of the world and keep the rich and the poor on the same platform. It would prove them how they have to conduct their own selves for the global good, which is of a collective nature nonetheless. This is important because in the current times, there is a great deal of lawlessness that one can see when it comes to the financial regimes. The adoption of a world currency would mean that there are fewer issues that surround the currency domains and more collective harmony for the people at large. However, some people might have different views altogether because they think distinctively and thus have a viewpoint which is not in line with the same. But then again, there are some people who would believe in the dictum of having a world currency for the wellness of the human beings on this planet earth. The institution of a world economy would guarantee that the divide between the rich and the poor is resolved in an amicable way. This would mean that the currencies that are rampant in the world are given a relief because much has been credited upon their shoulders, and not only if for all the right reasons. There are immense negatives that have come about in the wake of understanding the dictum of too many currencies muck up the world image (LeRoy, 2011). The people have realized these anomalies as well and are doing their utmost to resolve the ambiguities which are widespread in the lengths and breadths of the different nations of the world. directly is the time to bring about a change and this change can only happen when there are more good points than bad. The adoption of a world currency is one such positive that can be cashed upon. It will make this world a better economic

34 of 34 Discuss interdiction, prevention, and treatment programs as Essay

34 of 34 Discuss interdiction, prevention, and treatment programs as components of the national drug strategy. Include a discussion of the military capability of each strategy - Essay ExampleIncrease in drug prices abases their consumption.The prevention action plan which is part of the national drug strategy aims at avoiding drug use among the youths. This is one with providing information about prevention to affected stakeholders such as parents, law enforcement authorities, educators, young people and the community. It also aims to get this through national campaigns against drugs and funding community projects for the same purpose (Gaines & Kappeler, 2008). This has been seen to be boffo in reducing car accidents resulting from drug abuse as it is seen to reduce consumption of illicit drugs to considerable levels. Although it is not easy to get the exact number of how this has been successful, since the implementation of the prevention there has been a notable degree in use of drugs among the youths.Treatment as a strategy involves taking the people who are already addicted to drugs to drug rehabilitation center where they are helped in recovering through therapy and counseling. The national drug strategy supports the treatment plan and encourages the use of new collaborative an innovative strategies that will yield better results. This has been through funding territories and provinces to reinforce drug abuse treatment systems thereby increasing the access to drug treatment services to meet the high need. Treatment has been successful in turning around the lives of drug addicts who have collaborated and who are now able to live without dependency on the drugs.United States. (2005). drug prevention programs and the fiscal year 2006 drug control budget Is the federal government neglecting illegal drug use prevention? hearing before the Subcommittee on Criminal Justice, Drug Policy, and Human Resources of the Committee on Government Reform, House of Re presentatives, One Hundred Ninth Congress, first session, April 26, 2005. Washington U.S.

MORAL PERMISSIBILITY OF SOME ABORTIONS Research Paper

MORAL PERMISSIBILITY OF SOME ABORTIONS - Research Paper ExampleMy seek framework assesses the model on the criteria of possible dissimilarities and their relationship through analysis of literature A Defense of stillbirth from Thomson. The purpose of this document is to support the pro-life arguments for protecting the life of child rather than pro-choice arguments for moral permissibility of abortion human footd on Thomsons analogies.Thomson applies series of analogies to prove pro-abortion arguments considering violinist scenario as base for all the relationship. The core arguments of Thomson include three fundamental premises. The first premise emphasizes the moral permissibility of abortion to protect the life of women. The second premise argues for morality of abortion even if fetus is given the status of fully evolved person. Her third premise finds the activist supporting the pro-life arguments are based on false premises. The etymologizing of third premise brings the con clusion that nullifies the validity of every argument against abortion. She observes that there are no other cases like pregnancy. This is why she creates the violinist analogy to digest a similar kind of case even though she agrees that any such comparison is bizarre. I will analyze the reflection of Thomsons buck of view at the various stages to develop my arguments. I will also do meta-analysis of analogies applied by Thomson in which she defends the case of abortion through counter-example kind of of making positive points by providing supportive examples. The following section digs into the arguments of Thomson to challenge the assumptions in the examples for abortion debate.The philosopher Judith Jarvis Thomson advocates the argument for rights of women in A Defense of Abortion. I have selected MIT philosophers landmark paper for discussion on the morality of abortion. I aim to understand Thomsons strategy based on the core structure of her arguments to apply the conclusion for broader aspect of moral

Only Christian believers can or should be theologians Essay Example for Free

Only Christian believers passel or should be theologians EssayUsing quotations from at least three written texts (ancient and/or modern), argue the fibre for or against the view that only Christian believers can or should be theologiansBefore attempting to answer this question, one mustiness define some principles of the nature of Christian theology. It is obvious that anyone may create a theology based purely on ideas from ones own imagination, with no boundaries or guidelines to it. Such a theology may be creative, intelligent, and reasonable, but could non be classed as Christian theology. Something must act as a rule and a guard, lest the Christian religion get going down into nothing more than dispersed, individual, self-made theologies. Theology in a Christian context must and does find its foundation in Scripture, the supreme position to life and thought (Vanhoozer 1998, p. 380).Now that the thing that is to be represented in the building of Christian theology ha s been identified as Scripture, one may take aim the question of who is able and qualified to interpret it. In 1860, Benjamin Jowett published his essay, On the Interpretation of Scripture. He argued that the Bible should be regarded as any new(prenominal) ancient collections of literature, using tools of literary and historical scholarship. He implied that a critic who stands apart from traditional beliefs and practices is in a better position to find the reliable meaning of the text, as these traditions had obscured their true meaning. In other words, only those with the right scholarly tools and who were willing to suspend any belief in the text that they may make believe are able to correctly interpret it (Vanhoozer 1998, pp. 378-379).However, Jowetts view of adaptation omits the spiritual and the ethical dimensions of Biblical interpretation. Vanhoozer keep opensTo call the Bible Scripture does not build up its warnings or its promises something other than warnings or pr omises, but rather reorients them to the larger purpose of making wise unto salvation .(Vanhoozer 1998, p. 380).Jowetts approach to interpretation requires an mark reading of the text. provided can one properly interpret the Scriptures from such a standpoint? To answer this, one must examine the relationship between the reader, the text, the author, and the story. Upon reading, the reader reads the text, and in doing so reconstructs the author in his own imagination, creating an implied author, and bringing the story to life (actualising the text) from the marks on the written page (Voelz 1995, 1997, pp. 218- 219). Voelz goes on to state that the intended receiver of the text isa reader of whom the author is conscious, one who may similarly be called implied. And this implied reader stands in the same relationship to the actual reader as the implied author stands to the actual author he is, again, a construct, not in the real world, and he is detectable (only) in the text. Who t hen is a valid example of a text? It is he who conforms to the expectations of the author. It is he who conforms himself to the given texts assumptions. It is he who becomes the implied reader and only such a one of a given text. Which means that an objective reading of a text is not only impossible it is not to be desired(Voelz 1995, 1997, p. 219)One can see that what is needed for correct interpretation of Scripture, is a subjective, rather than objective reading of the text. Voelz argues a reader interprets within a community, having developed the beliefs and attitudes of the implied reader, through discussion, experience, and training within that community which understands and appreciates the context of the implied reader. therefromA valid interpreter of a text is that person who assumes the role required as it were, by a given text who becomes the reader implied or called for by that very text. And such a one is formed to assume that role by a community, a community which has assumed that role itself.(Voelz 1995, 1997, p. 220)This, however, does not make every Christian communitys interpretation infallible, because humans err thus different Christian communities often disagree on the interpretation of certain split of Scripture. But, as the Church is a community within which these documents were produced, received, and preserved, Vanhoozer statesThe Bible is more likely to be misunderstood by an unbelieving and unaffiliated individual than by a believing and practising member of the church.(Vanhoozer 1998, p. 378)In the case of the peeled Testament, the books were produced, received, and preserved by the Christian community, and following Voelzs argument, one has to be within a Christian community, and taught to read Scripture by that community, to be able to correctly interpret the New Testament.The issue of the interpretation of the Old Testament is one that is referred to in the New Testament. Speaking of the reading of Scripture by the JewsYes , to this day, whenever Moses is read a veil lies over their hearts. But when one turns to the Lord, the veil is removed.(2 Cor. 315-16 ESV)According to Pauls argument, the Jews do not believe, therefore they cannot, in their unbelieving state, be the implied reader of the Old Testament Scriptures. Apparently, simply being within the Jewish community is insufficient to correctly interpret these Scriptures, as more than a simple, straightforward understanding of the Hebrew text is needed. Luke 2445 ESV reads, concerning Jesus and his disciples, Then he opened their minds to understand the Scriptures. Minds must be opened, veils taken away. The Christian community must teach readers to interpret even the Old Testament books. Only within the Christian community can ones mind be changed in the proper way (Voelz 1995, 1997, p. 226). The reason for this is clear from the New Testaments claims regarding the Christocentricity of all Scripture, Old and New TestamentsYou search the Scripture s because you think that in them you have eternal life and it is they that bear witness about me(Jn. 539 ESV. Cf. Mt. 24-6, 14-15 1 Cor. 1011, 153-4 2 Cor. 120 Heb. 911-12 1 Pet. 110-12)In order to be within the Christian community, one must adhere to and confess its creeds. Voelz writes at that placefore, to adhere to the creeds gives one an taste to the books of the NT. which is congenial to them and which allows/enables one to interpret them in accordance with their intention Adherence to the creeds enables one to matrix the signifiers and meanings of a text for interpretation and then to interpret that matrix in a way which is congenial to the text, for the creeds are of one piece with that text and provide, as it were, the interpretive key,determinative for the meaning of the complex signifiers under construction The creeds help to secure which readings of Scripture are the apostolic/Christian readings which may legitimately be drawn from them.(Voelz 1995, 1997, p. 222)It was precisely the misuse of Scripture by heretics, which caused the early Church father, Tertullian, to write regarding themWe oppose to them this step above all others, of not admitting them to any discussion of the Scriptures. If in these lie their resources, before they can use them, it ought to be clearly seen to whom belongs the self-possession of the Scriptures, that none may be admitted to the use thereof who has no title at all to the privilege.(Roberts Donaldson 1994, 1995, Vol. 1 p.250 -Chapter XV of On Prescription Against Heretics. See also chapters XVI, XVII, XVIII, XIX pp. 250-252)Tertullians belief was that the Scriptures were the property of the Christian Church alone, and not to be handled by those outside of it. Irenaeus, Bishop of Lyons, against the Valentinians, wroteThey endeavour to adapt with an air of probability to their own odd assertions the parables of the Lord, the sayings of the prophets, and the words of the apostles, in order that their scheme may not seem altogether without support. In doing so, however, they disregard the order and the connection of the Scriptures, and so far as in them lies, dismember and destroy the truth. By transferring passages, and dressing them up anew, and making one thing out of another, they succeed in deluding many through their horrific art in adapting the oracles of the Lord to their opinions.(Roberts Donaldson 1994, 1995, Vol. 3. p. 326 -Chapter VIII of AgainstHeresies)In conclusion, there seem to be many problems opposing the idea of those outside of the Christian Church being theologians, not least the question of motive, as the early Church fathers addressed. For these reasons, I believe that theology is a matter only for those within the Church.Bibliography* Roberts, A. Donaldson J. (Editors) 1994, 1995 Ante-Nicene Fathers Peabody, Massachusetts Hendrickson Publishers, Inc.* Vanhoozer, K. 1998 Is There a Meaning in This Text? Leicester Apollos/IVP.* Voelz, J. 1995, 1997 What Does This Mean ? Principles of Biblical Interpretation in the Post-Modern World St. Louis, Missouri Concordia Publishing House.* The Holy Bible English amount Version 2001, 2002 Wheaton, Illinois Crossway Bibles