ILX owes Textron $29 million in loans. If the plan is approved, ILX will sell the majority of its assets to Diamond Resorts Corporation. The parties expect to file with the bankruptcy court the joint plan of reorganization containing the details of the proposed transaction in the near future.
In the ecclesiastical courts, adultery was any act of sexual intercourse by a married person with someone not his or her spouse. The act was considered wrongful regardless of whether the other person was married. At Common Law, adultery was wrongful intercourse between a married woman and any man other than her husband.
Adultery is extramarital sex that is considered objectionable on social, religious, moral, or legal grounds. Though what sexual activities constitute adultery varies, as well as the social, religious, and legal consequences, the concept exists in many cultures and is similar in Christianity, Islam, and Judaism. A single act of sexual intercourse is generally sufficient to constitute adultery, and a more long-term sexual relationship is sometimes referred to as an affair. Historically, many cultu