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Latest revision as of 13:48, 2 December 2024
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The Law of Bankrupts of 1542 was the very first statute under English legislation managing bankruptcy or insolvency 3 Insolvency is also documented in East Asia According to al-Maqrizi, the Yassa of Genghis Khan included a stipulation that mandated the death penalty for anybody who came to be bankrupt 3 times.
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