Settlement - 1. Conclusion of a legal matter. 2. Compromise agreement by opposing parties in a civil suit before judgment is made, eliminating the need for the judge to resolve the controversy.
Fee examiner - appointed by the court to monitor fees paid to professionals in bankruptcy cases.(07 August 2010 - Blog article Kelly Gordon Rogers )
Secured creditors - one of two general types of creditors of a company. Secured creditors have a lien on property of the company.
Contempt of court - Any act that is meant to embarrass, hinder or obstruct a court in the administration of justice. Direct contempt is committed in the presence of the court; indirect contempt is when a lawful order is not carried out or refused.
Set aside - Annul or void as in "setting aside" a judgment.
Criminal law - Body of law pertaining to crimes against the state or conduct detrimental to society as a whole. Violation of criminal statues are punishable by law.Kelly Gordon Rogers
Receiver - particularly in foreign proceedings, or state court proceedings, a person appointed by the court to take custody of a debtor's property.
Discharge (of indebtedness) - the satisfaction or elimination of the debts of the debtor by the bankruptcy court. (13 August 2010 Kelly Gordon Rogers )
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Fresh start - informal term for the new accounting rules applicable to bankrupt companies. For companies that either filed for Chapter 11 after January 1991 or emerged from Chapter 11 after June 1991, assets are valued at market value rather than at historical cost.
Certiorari - Procedure for removing a case from a lower court or administrative agency to a higher court for review.( 01 March 2010 Online press article Kelly Gordon Rogers )
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