placed under legal composition

Italian translation: sottoposta a concordato preventivo

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:placed under legal composition
Italian translation:sottoposta a concordato preventivo
Entered by: eliper

08:27 Nov 10, 2017
English to Italian translations [PRO]
Bus/Financial - Law: Taxation & Customs
English term or phrase: placed under legal composition
We are talking about a company, which was declared bankrupt. It merges with another group and "is placed under legal composition".

I think it is something like "concordato". But "concordato preventivo", "fallimentare"?
Lorena Croci
Italy
Local time: 08:58
concordato preventivo
Explanation:
il De Franchis traduce composition in bankruptcy con 'concordato prefallimentare', che in Italia chiamiamo concordato preventivo (entrambi servono ad evitare il fallimento)

Il concordato preventivo è uno strumento che la legge mette a disposizione dell'imprenditore, in crisi o in stato di insolvenza, per evitare la dichiarazione di fallimento attraverso un accordo destinato a portare ad una soddisfazione anche parziale delle ragioni creditorie.
//www.studiocataldi.it/guide_legali/fallimento/concordato-pre...
Selected response from:

eliper
Switzerland
Local time: 08:58
Grading comment
Grazie mille ;)
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2concordato preventivo
eliper


  

Answers


18 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
concordato preventivo


Explanation:
il De Franchis traduce composition in bankruptcy con 'concordato prefallimentare', che in Italia chiamiamo concordato preventivo (entrambi servono ad evitare il fallimento)

Il concordato preventivo è uno strumento che la legge mette a disposizione dell'imprenditore, in crisi o in stato di insolvenza, per evitare la dichiarazione di fallimento attraverso un accordo destinato a portare ad una soddisfazione anche parziale delle ragioni creditorie.
//www.studiocataldi.it/guide_legali/fallimento/concordato-pre...

eliper
Switzerland
Local time: 08:58
Specializes in field
Native speaker of: Native in ItalianItalian
PRO pts in category: 4
Grading comment
Grazie mille ;)

Peer comments on this answer (and responses from the answerer)
agree  R. R.
10 hrs
  -> grazie:-)

agree  Florentina Constantin
4 days
  -> Grazie
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