The court's dicta caused worries that corporate directors who try unsuccessfully to resuscitate troubled corporations could face deepening
insolvency claims, despite their best intentions and efforts.
of the Delaware River to 45 feet will modernize the existing federal navigation channel and allow the Port of Philadelphia to maintain its competitiveness and attract new cargoes.
The A$250-million deepening
project, Fremantle Ports biggest infrastructure project for decades, is being conducted under stringent environmental conditions.
Peoples may have closed the door to imposing on directors duties to creditors, but the American doctrine of deepening
insolvency, if adopted in Canada, has the potential to do an end run around Peoples by indirectly providing protection for creditors when the corporation is facing insolvency.
The core of the deepening
insolvency theory is that an insolvent corporation and/or its creditors are harmed when a defendant fraudulently or negligently plays a role in increasing a corporation's debt and exposure to creditors, or in depleting its assets by artificially prolonging the corporation's life.
is a key part of the SPP's comprehensive agenda for deepening
North American integration.
of the winze could increase its depth another 400 m.
The structure would protect the streambed from eroding and deepening
as water flows through it into the lowered reservoir floor.
Then they slowly regain balance by pulling their hips forward over their arches while maintaining the curve in their spine and deepening
their demi plie.
It's meant to communicate the deepening
, thickening, growing life of faith that we experience as God's gathered people.
Even this institutional crisis, Weigel contents, can be transformed into an opportunity for renewal and deepening
When the Port of Houston Authority asked the companies to relocate their pipelines, the companies fully cooperated in moving the pipe in order that the deepening
and widening project could proceed.