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Special Report on

Unfair preference by companies

unfair preference by companies special research report Photo by www.aveleo.com
Re Centaur Mining & Exploration Ltd (in liq) (receivers and managers appointed) v Minister administering the Mining Act 1978 (WA) (2008) 68 ACSR 249, the Victorian Supreme Court confirmed that, despite reforms to the unfair preference provisions in the Corporations Act 2001 (Cth) ( Act ), rent and royalty payments might not be unfair preferences. Background Prior to 1992, in order to be an unfair preference, the payment had to be subjectively unfair. The court had regard to the ultimate effect of the transaction on the other creditors (ie the ultimate effect principle). For example, where the payment was rent, the landlord ...
The law on unfair preferences varies from country to country, but characteristically, to set a transaction or payment aside as an unfair preference, the liquidator will need to show that: the person or company was insolvent at the time the payment was made (either on the cash-flow test, or on the balance sheet test - it varies from country to country) the person or company then went into bankruptcy within a specified time thereafter, usually referred to as the vulnerability period the payment had the effect of putting the creditor in a better position than other unsecured creditors in some jurisdictions, it is also necessary to ...
REVIEWS AND OPINIONS
USDA proposes antitrust rules to redress power between farmers and ...
— The Obama administration on Friday proposed new antitrust rules for meat companies that reflect a willingness by the USDA to shift the balance of power between farmers and processors and to regulate an industry long dominated by a handful of corporate giants. The rules would place the sharpest limits on meat companies since the Great Depression, drastically lowering the bar that farmers and ranchers must meet to sue companies whom they accuse of demanding unfairly low prices. The rules would dictate how meatpackers buy cattle on the open market, and prohibit them from showing preference to big feedlots by offering them ... market research, surveys and trends
Commentary: The Fed drops the ball on consumer protection | McClatchy
The Federal Reserve Board has been under fire for what some see as its complicity in the financial system's meltdown. Critics argue that it is too cozy with the banking industry and too aloof to realize how ordinary people are being abused by the financial services industry. House and Senate negotiators are hammering out a final version of the financial regulatory bills passed by each chamber. Each bill would establish a new agency devoted to protect consumers from predatory practices. The Senate version places the agency under the Fed's aegis; the House version mandates a stand-alone agency with more independence. ... market research, surveys and trends

SURVEY RESULTS FOR
UNFAIR PREFERENCE BY COMPANIES

Stimulus Contracts Go to Companies Under Criminal Investigation ...
The Department of Defense awarded nearly $30 million in stimulus contracts to six companies while they were under federal criminal investigation on suspicion of defrauding the government. According to Air Force documents, the companies claimed to be small, minority-owned businesses, which allowed them to gain special preference in bidding for government contracts. But investigators found that they were all part of a larger minority-owned enterprise in Southern California, making them ineligible for the contracts. The Air Force and the Army awarded the companies 112 stimulus projects at U.S. military bases, federal contracting ... industry trends, business articles and survey research
Geithner Says China Yuan Policy Is `Impediment' to Global Economic ...
Imagine the global shock should a freely-floating yuan plummet in value against the U.S. dollar. The People’s Bank of China has emphasized that yuan reform doesn’t mean the currency will necessarily appreciate, even though the vast majority of people, including market consensus as shown by forwards, believe so. After the initial surge post yuan-reform announcement, [...] about 1 hour ago - No comments Kris Hundley of the St-Petersburg Times reports, Florida rolls the dice with chunk of pension funds: Chasing bigger investment returns, the agency that manages Florida’s $113.8 billion public pension fund wants to ... industry trends, business articles and survey research
RELATED NEWS
The Fed drops the ball on consumer protection
The Federal Reserve Board has been under fire for what some see as its complicity in the financial system's meltdown. Critics argue that it is too cozy with the banking industry and too aloof to realize how ordinary people are being abused by the financial services industry. House and Senate negotiators are hammering out a final version of the financial regulatory bills passed by each chamber. Each bill would establish a new agency devoted to protect consumers from predatory practices. The Senate version places the agency under the Fed's aegis; the House version mandates a stand-alone agency with more independence. ... market trends, news research and surveys resources
USDA touts tighter meat industry antitrust rules
ST. LOUIS — The Obama administration on Friday proposed new antitrust rules for meat companies that reflect a willingness by the USDA to shift the balance of power between farmers and processors and to regulate an industry long dominated by a handful of corporate giants. The rules would place the sharpest limits on meat companies since the Great Depression, drastically lowering the bar that farmers and ranchers must meet to sue companies whom they accuse of demanding unfairly low prices. The rules would dictate how meatpackers buy cattle on the open market, and prohibit them from showing preference to big feedlots rather ... market trends, news research and surveys resources

INFORMATION RESOURCES

Insolvency Law Reforms Report on Hong Kong, China
Compulsory and Creditors' Voluntary Winding Ups - The Companies Ordinance .... unfair preference by a debtor to an associate (other than by reason only of ... technology research, surveys study and trend statistics
Attorney Fees - Minnesota Legislature - Office of the Revisor of ...
technology research, surveys study and trend statistics
KUMC Equal Opportunity Office: Affirmative Action
Racial/ethnic minorities and women have experienced legal and social exclusion during most of the United States' history. They were segregated into low wage jobs, forbidden by law from owning land, prevented from engaging in certain occupations or applying for many jobs, prohibited from voting, or restricted in their access to public accommodations. Whole industries and categories of employment were, in effect, all white, male. In higher education, most African Americans attended predominantly black colleges, many established by states as segregated institutions. Asian and Hispanic Americans were legally barred from ...
REAL TIME
UNFAIR PREFERENCE BY COMPANIES
QUESTIONS AND ANSWERS
Employment Law: discrimination/unfair treatment after reporting ...
QUESTION: I work in Ohio at a so called "Christian Company" that is privately owned witch is an "at will company" last year around Oct. our sales manager quite so the head trainer and myself had to do her work plus ours, in march of this year the head trainer went on maternity leave so i was doing my work, her work and the managers work... in the mean time the owners made me a step up head trainer. I was doing all of this for $13.91 Hr. i have been there for 3 yr. the owner started to hire people in at $14.00 hr and myself and the other trainers (4) had to train people that make more than us. So when the head ...
What does bias mean and give an example? - Yahoo! Answers
BIAS (preference) of several companies to name their product. In Europe BIAS stands for "Brass Instruments Analysis System" developed at the Music University in Vienna (see www.bias.at/mb and miq-Europe.org). Prof. Dr. Matthias Bertsch and Amelie von Herzberg. Bias means that someone is more in favour of something. At the interview, the interviewer was biased towards the applicant as they both supported the same football team. As in Jews want Jews to get the job first type of thing, use any denomination,race etc...thats bias..or a preconceived notion or opinion about someone.. Being lopside is bias,that if you are beliving what ...