Examples of English Scheme in a sentence
The Australian and English Scheme Administrators co-operate fully.
The effect of the hotchpot clause is to prevent a creditor who has already been paid a distribution under one of the schemes, from receiving further payments under the other scheme until such time as all other creditors with similarly ranked claims have received an equal proportionate distribution.4.2 Distribution PrioritiesThe English Scheme is designed to complement the Australian Scheme.
Contact details for the Australian Scheme Administrators, the English Scheme Administrators, and the Australian and English Run-Off Managers are set out on the HIH website, www.hih.com.au.
Journal of Nervous and Mental Disease (1993) 181:157-65.HAGSTROM, R.
This will determine whether funds held by the English Scheme Administrators should be remitted to Australia for distribution by the Australian Scheme Administrators under Australian Corporations Act and Insurance Act priorities.
The English Scheme therefore applies the distribution priorities of the English statutory regime to the English Assets, subject to the comments below in relation to the House of Lords appeal.5.3 Appeal to the House of LordsThe Australian Liquidators and two Australian creditors (the James Hardie Trusts) unsuccessfully appealed the initial court directions obtained by the English Provisional Liquidators, and have now appealed that decision further to the House of Lords.
Following receipt of the House of Lords judgement the English Scheme will adopt all of the provisions of the Australian Scheme, including the Australian distribution priorities, which will now apply to the English Assets.
Following receipt of the House of Lords judgement the English Scheme has adopted all of the provisions of the Australian Scheme, including the Australian distribution priorities, which now apply to the English Assets.
The English Scheme Administrators of FAIG are John Wardrop and Tom Riddell, partner and senior advisor respectively of KPMG LLP, based in London.
The effect of the hotchpot clause is to prevent a creditor who has already been paid a distribution under one of the Schemes, from receiving further payments under the other scheme until such time as all other creditors with similarly ranked claims have received an equal proportionate distribution.4.2 Distribution PrioritiesThe English Scheme is designed to complement the Australian Scheme.