pre- (post-) petition

Russian translation: Инвойс, выставленый до/после подачи заяления о признании банкротом

04:18 Feb 21, 2020
English to Russian translations [PRO]
Law/Patents - Law: Contract(s) / invoice
English term or phrase: pre- (post-) petition
We confirm that the invoices under Purchase Order for Fire Water Booster Pump Package will be treated as post-petition invoices. The determining factor to establish if an invoice is pre-petition or post-petition is the transfer of title of the GOODS. As there has been no title transfer prior to January 21, 2020, all invoices related to Purchase Order shall be treated as post-petition invoices.
YaroslavShvayko
Russian translation:Инвойс, выставленый до/после подачи заяления о признании банкротом
Explanation:
Prepetition liability is a term used to refer to obligations that arise before a company’s filing for bankruptcy. A company has to petition for bankruptcy protection; once this is done, liabilities fall into two categories: pre-petition, or those that arise prior to petition, and post-petition, those that arise after petition. These two types of liabilities are often shown on the balance sheets of companies in bankruptcy protection.
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Nataliya Trembach
Ukraine
Local time: 21:02
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Summary of answers provided
3Инвойс, выставленый до/после подачи заяления о признании банкротом
Nataliya Trembach


  

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1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
Инвойс, выставленый до/после подачи заяления о признании банкротом


Explanation:
Prepetition liability is a term used to refer to obligations that arise before a company’s filing for bankruptcy. A company has to petition for bankruptcy protection; once this is done, liabilities fall into two categories: pre-petition, or those that arise prior to petition, and post-petition, those that arise after petition. These two types of liabilities are often shown on the balance sheets of companies in bankruptcy protection.


    https://www.investopedia.com/terms/p/prepetition.asp
Nataliya Trembach
Ukraine
Local time: 21:02
Specializes in field
Native speaker of: Native in UkrainianUkrainian, Native in RussianRussian
PRO pts in category: 8
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