This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
Insolvenzplanverfahren
Schenken Sie sich die Steuer
Mar 17, 2011 14:20
13 yrs ago
1 viewer *
German term

Quotenausschüttung

German to English Bus/Financial Finance (general) Insolvency
Die flüssigen Mittel beinhalten unter anderem das Anderkonto „Quotenausschüttung“ in Höhe von xx Mio. Euro.
This is from an annual report, but there is no further relevant context.

I believe this is the share of the insolvency mass to be paid out to creditors, but I am wondering if there is a precise term in English.
Proposed translations (English)
1 insolvency payouts to creditors
3 +1 dividends
3 distributions/payouts to unsecured creditors
References
Verteilung der Insolvenzmasse (Quotenausschüttung) an die Gläubiger

Proposed translations

9 hrs
Selected

insolvency payouts to creditors

Liquid assets include, among others, the trust account "insolvency payouts to creditors" for a total sum of €.xx.million

sources:

Insolvency law in East Asia -
Roman Tomasic - 2006 - 563 pages
Future payouts to creditors will also depend on recovering from debtors in Indonesia (where PFIL's exposure was estimated at US$1.1 billion) and Thailand ...
books.google.com/books?isbn=0754621251

NSW - AussieLegal - Free Australian legal information, useful DIY ...
It is fundamental to insolvency law that creditors share equally in the property ... The company may in reaction to such pressure pay out that creditor in ...
www.aussielegal.com.au/informationout... -

Insolvency News - Lehman creditors offered faster cash
16 Jun 2010 ... However in exchange for fast-track payouts, the proposals require creditors in exchange to lower their expectations of how much they think ...
www.insolvencynews.com/article/show/L... -

Bath Junkie garnishment execution lien preference insolvent fifth ...
10 Jun 2010 ... insolvent debtor's debts exceed its assets, it is not possible for all creditors to receive a distribution equaling a 100% payout. ...
www.arb.uscourts.gov/orders-rules-opi... -

SME's are the last to receive insolvency payouts - Lloyds TSB ...
7 Jun 2010... the insolvency process, unsecured creditors such as customers, ... of the hierarchy for payouts for things such as trade receivables, ...
www.ltsbcf.co.uk/news/2010/July/smes-... -

White & Case LLP - News - Creditors Seek Early Pay-out in Greater ...
7 Dec 2004 ... Creditors Seek Early Pay-out in Greater Southeast Hospital Bankruptcy ... White & Case's Global Financial Restructuring and Insolvency ...
www.whitecase.com/News/Detail.aspx?... -
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you. This was closest to the phrasing I ultimately chose."
13 hrs

distributions/payouts to unsecured creditors

after paying costs of administration and priority (i.e. secured) claims

Currently, the Trust is retaining approximately $17 million in liquidity, exclusive of potential future collections, to fund its remaining administrative obligations and make additional distributions to unsecured creditors.
http://www.businesswire.com/news/home/20100513006114/en/Bear...

http://www.insolvency.gov.uk/faq/faqeactc.htm (Q 14)

http://www.ch13edky.com/Chapter 13 Form Plan with Instructio... (IV. Unsecured Claims)
Something went wrong...
+1
20 hrs

dividends

"If full repayment of claims is not possible, payments are made to creditors by way of a dividend in proportion to the value of each claim. If a dividend is to be paid, all creditors whose addresses are known will be notified. If you have not already submitted a proof of debt, this may be your last chance to do so. If you submit your proof of debt after the dividend has been declared, you may lose your right to share in the money available at that time."
See http://www.insolvency.gov.uk/guidanceleaflets/guideforcredit...

"Dividend
Any sum distributed to unsecured creditors in an insolvency."
See http://www.thepandapartnership.com/dividend-insolvency.html

Also see http://www.proz.com/kudoz/german_to_english/law_general/4278...
Peer comment(s):
agree Raghunathan Rajagopalan : "proportional dividends" as it also captures quoten
17 hrs
Something went wrong...

Reference comments

9 hrs
Reference:

Verteilung der Insolvenzmasse (Quotenausschüttung) an die Gläubiger

Forderungsanmeldung im Insolvenzverfahren
... und zur Verteilung der Insolvenzmasse (Quotenausschüttung) an die Gläubiger finden Sie ... Insolvenz-Anwalt Soweit Sie Fragen zum Insolvenzrecht haben, ...
www.insolvenzberatung.de/page73/page7... -
Something went wrong...
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search