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Law: Contract(s) | | English term or phrase: retains jurisdiction | a court takes and retains for a period of at least sixty (60) days, jurisdiction of the other party and its assets pursuant to Proceedings under the provision of any reorganization act, or
24.1.3 the other is adjudged insolvent, or
24.1.4 a receiver of the other’s assets is appointed on account of insolvency and is not discharged within a period of sixty (60) days thereafter, or |
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Davy-Libermann
Local time: 19:04
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