second lien lenders
Italian translation: creditori pignoratizi di secondo grado
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| 10:40 Apr 5, 2007 |
| English to Italian translations [PRO] Bus/Financial - Finance (general) / Bankruptcy | |||||||
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|  Selected response from: Armando Tavano Dominican Republic Local time: 03:31 | ||||||
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| 4 +1 | creditori pignoratizi di secondo grado |
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| 3 | creditori di secondo grado |
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Answers
1 hr confidence: 
creditori di secondo grado Explanation: credo corrispondano ai "junior creditors". Nell'articolo di cui al link che ti segnalo, se ti interessa c'è una lunga disquisizione sull'argomento. Reference: http://www.gibbonslaw.com/news_publications/articles.php?act... |
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23 hrs confidence: peer agreement (net): +1
peer agreement (net): +1creditori pignoratizi di secondo grado Explanation: Sembra di essere in presenza di un procedimento concorsuale. Dai riscontri si deduce che "first lien loan" è un credito assistito da garanzia reale di primo grado e "second lien loan" un credito assistito da garanzia reale di secondo grado: A second-lien loan is a loan that is secured by a lien on a borrower's assets that is second in priority to a lien granted to another lender. In 1894, the Supreme Court of Missouri warned, "One who takes so perilous a form of security as a second mortgage must ever be on the alert, lest by his want of diligence he may suffer the loss of his debt thereby secured." Hardwicke v. Hamilton, 26 S.W. 342, 345 (Mo. 1894). Second-lien loans remain popular and the new breed of lenders willing to make them attempt to comply with the Missouri court's guidance by diligently negotiating rights to protect their secured positions. http://www.abanet.org/buslaw/blt/2005-01-02/hamm.shtml |
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