Glossary entry (derived from question below)
Catalan term or phrase:
concurs de creditors
English translation:
creditors' meeting
Added to glossary by
Ryszard Matuszewski
Jan 11, 2008 12:51
16 yrs ago
2 viewers *
Catalan term
concurs de creditors
Catalan to English
Law/Patents
Law: Contract(s)
concurs de creditors DR MERC Reunió de creditors davant el jutge, en mans del qual el deutor ha de fer cessió dels béns per a pagar a cadascú segons el grau del seu crèdit.
Proposed translations
(English)
5 +1 | creditors' meeting | Ross Andrew Parker |
4 +1 | composition (see explanation) | Etienne Muylle Wallace |
3 | (corporate) committee of inspection | Adrian MM. (X) |
Proposed translations
+1
4 mins
Selected
creditors' meeting
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Note added at 6 mins (2008-01-11 12:58:12 GMT)
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Creditors Meeting
A meeting held at which creditors can put forward their views and vote on resolutions put before them.
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Note added at 7 mins (2008-01-11 12:59:08 GMT)
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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 -
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Note added at 8 mins (2008-01-11 13:00:49 GMT)
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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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Note added at 6 mins (2008-01-11 12:58:12 GMT)
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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 -
4 KudoZ points awarded for this answer.
Comment: "ThanKs!"
+1
3 hrs
composition (see 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.
LeDocte also mentions 'bankrupt's certificate' and 'discharge in bankruptcy'. COMPOSITION seems to mee the correct expression.
Peer comment(s):
agree |
Heathcliff
: "composition of creditors" (the formal business English term) would also work.
6 days
|
1 day 4 hrs
(corporate) committee of inspection
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.
Unclear if DR MERC is a priv. individ. or a corp. - in which in the UK a committee of inspection is rare.
Example sentence:
Are companies required to commence insolvency proceedings in particular ... The creditors may also elect a committee of inspection of between three and five ...
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