18:46 Nov 26, 2019 |
Spanish to English translations [PRO] Bus/Financial - Business/Commerce (general) / Spanish shareholders | |||||||
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| Selected response from: Patricia Fierro, M. Sc. Ecuador Local time: 06:59 | ||||||
Grading comment
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Summary of answers provided | ||||
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5 +1 | grace period |
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4 | pre-insolvency proceedings |
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3 | voluntary scheme (of arrangement/US: Chapter 11) stage |
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Discussion entries: 1 | |
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grace period Explanation: Comencemos por explicar lo fundamental: ¿Qué es un preconcurso de acreedores? En realidad, no más que una prórroga o periodo de gracia que la ley concede a las empresas que están a punto de entrar en concurso para que tengan una última oportunidad de reconducir su situación antes de la intervención judicial. https://www.leanabogados.com/concursal/preconcurso-de-acreed... Or extension |
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pre-insolvency proceedings Explanation: I think this gives a clear idea of what is being referred to. A guide to pre-insolvency and insolvency proceedings across ... https://www2.deloitte.com › global › pages › legal › articles › europe-insol... The Deloitte Legal Guide to Pre-insolvency & Insolvency Proceedings details the functioning of European insolvency law, the objectives of harmonization at the ... The Characterization of Pre-Insolvency Proceedings ... - SSRN https://www.ssrn.com › ... by I Mevorach - 2019 Sep 14, 2019 - This article argues, however, that we should be slow to exclude pre-insolvency proceedings from cross-border insolvency law: these ... Mediation in pre-insolvency proceedings - Revista de Mediación https://revistademediacion.com › articulos › mediation-in-pre-insolvency-p... Mediation in pre-insolvency proceedings. Abridged version in English of the original. By Lorenzo Prats Albentosa; Published in Revista de Mediación Volume 7 |
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voluntary scheme (of arrangement/US: Chapter 11) stage Explanation: Not sure what the target-readership might be, but the USA/ Can. would be different to the UK and Oz/NZ - hence medium confidence level. Next for a company in the UK would come the creditors' appointment of a 'Committee of Inspection' - that I didn't post as reportedly no sign of a corporate insolvency/ AmE-only corporate bankruptcy. Corporate: Scheme/CVA > Company Voluntary Arrangement Personal: Deed of Arrangement | IVA > Individual Voluntary Arrangement. Example sentence(s):
Reference: http://glosbe.com/es/en/preconcurso%20de%20acreedores Reference: http://https://uk.practicallaw.thomsonreuters.com/6-107-3974... |
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