initiates an arrangement for composition

Croatian translation: započne dogovor o restrukturiranju duga

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:initiates an arrangement for composition
Croatian translation:započne dogovor o restrukturiranju duga
Entered by: Dinap

08:45 Oct 23, 2017
English to Croatian translations [PRO]
Bus/Financial - Law: Contract(s) / economy
English term or phrase: initiates an arrangement for composition
should the other Party be declared bankrupt, initiates an arrangement for composition (or other proceedings for custodian of supplier’s assets), goes into liquidation, suspends its payments or otherwise may be deemed to be insolvent.
Dinap
Croatia
Local time: 15:26
započne dogovor o restrukturiranju duga
Explanation:
započeti dogovor o restrukturiranju duga

Composition is an arrangement to restructure a firm's debt, under which payment is reduced.
Selected response from:

milena beba
United Kingdom
Local time: 14:26
Grading comment
HVALA!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1započne dogovor o restrukturiranju duga
milena beba


  

Answers


2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
započne dogovor o restrukturiranju duga


Explanation:
započeti dogovor o restrukturiranju duga

Composition is an arrangement to restructure a firm's debt, under which payment is reduced.


milena beba
United Kingdom
Local time: 14:26
Specializes in field
Native speaker of: Native in SerbianSerbian, Native in Serbo-CroatSerbo-Croat
PRO pts in category: 20
Grading comment
HVALA!

Peer comments on this answer (and responses from the answerer)
agree  gavrilo: yessss - ДА :)
11 hrs
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