See Also: Bankruptcy financing(finance)
bankruptcy(dictionary)
bankruptcy(encyclopedia)
bankruptcy(dictionary)
Bankruptcy(money)
Bankruptcy(law)
bankruptcy(medicine)
Bankruptcy(finance)
Legal bankruptcy(finance)
Technical bankruptcy(finance)

CORRESPONDENCE (law) and Bankruptcy financing (finance)


CORRESPONDENCE (law)


CORRESPONDENCE. The letters written by one to another, and the answers thereto, make what is called the correspondence of the parties. thereto, make what is called the correspondence of the parties. 2. In General, the correspondence of the parties contains the best 2. In General, the correspondence of the parties contains the best evidence of the facts to which it relates. See Letter, contracts; Proposal. evidence of the facts to which it relates. See Letter, contracts; Proposal. 3. When an offer to contract is made by letter, it must be accepted 3. When an offer to contract is made by letter, it must be accepted unconditionally for if the precise terms are changed, even in the slightest unconditionally for if the precise terms are changed, even in the slightest degree, there is no contract. 1 Bouv. Inst. n. 904. See, as to the power of degree, there is no contract. 1 Bouv. Inst. n. 904. See, as to the power of revoking an offer made by letter, 1 Bouv. Inst. n. 933. revoking an offer made by letter, 1 Bouv. Inst. n. 933.

Bankruptcy financing (finance)


Financing arranged by a company while under the chapter 11 bankruptcy process. Such financing is extremely high risk and is done at a relatively high interest rate.