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Northern Irish Legislation

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IRISH BANKRUPT AND INSOLVENT ACT 1857 - SECT 279

Assignees may institute or defend suits, and compound for debts or submit disputes to arbitration.

279. The assignees, ..., may commence, prosecute, or defend any suit which the
bankrupt ... might have commenced and prosecuted or defended, and in such case
the costs to which they may be put shall be allowed out of the estate; and,
..., the assignees may take such reasonable part of any debts due to the
bankrupt's ... estate as may by composition be gotten or may give time, or
take security for the payment of such debts, and may submit to arbitration any
difference or dispute between the assignees and any other person for or on
account or by reason of anything relating to the estate and effects of the
bankrupt ....


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© 1857 Crown Copyright

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