GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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12:51 Jan 11, 2008 |
Catalan to English translations [PRO] Law/Patents - Law: Contract(s) | |||||||
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| Selected response from: Ross Andrew Parker Local time: 07:44 | ||||||
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Summary of answers provided | ||||
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5 +1 | creditors' meeting |
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4 +1 | composition (see explanation) |
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3 | (corporate) committee of inspection |
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creditors' meeting Explanation: * -------------------------------------------------- Note added at 6 mins (2008-01-11 12:58:12 GMT) -------------------------------------------------- Creditors Meeting A meeting held at which creditors can put forward their views and vote on resolutions put before them. -------------------------------------------------- Note added at 7 mins (2008-01-11 12:59:08 GMT) -------------------------------------------------- InsolvencyThe normal purpose of a creditors' meeting is to inform the creditors of the financial position of the insolvent individual or company, and report on the ... www.securetransact.net/infosheets/business/creditors_meetin... - 8k - -------------------------------------------------- Note added at 8 mins (2008-01-11 13:00:49 GMT) -------------------------------------------------- European Commission - European Judicial Network - Bankruptcy - SpainThis insolvency proceeding is called “concurso de acreedores” (“creditors’ meeting”). A debtor is in a situation of insolvency if he cannot meet his ... ec.europa.eu/civiljustice/bankruptcy/bankruptcy_spa_en.htm - 69k - |
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composition (see explanation) Explanation: This is the equivalent of the French "concordat" where the creditors come to an agreement in order to avoid the bankruptcy. LeDocte also mentions 'bankrupt's certificate' and 'discharge in bankruptcy'. COMPOSITION seems to mee the correct expression. |
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(corporate) committee of inspection Explanation: Reunió de creditors surely is the creditors' committee. Unclear if DR MERC is a priv. individ. or a corp. - in which in the UK a committee of inspection is rare. Example sentence(s):
Reference: http://www.mondaq.com/article.asp?articleid=46858 |
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