filing for a plan of arrangement

English translation: fling for a financial restructuring plan of arrarrangement

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:filing for a plan of arrangement
Selected answer:fling for a financial restructuring plan of arrarrangement
Entered by: Dave Calderhead

07:41 Nov 7, 2006
English language (monolingual) [PRO]
Law/Patents - Law: Contract(s)
English term or phrase: filing for a plan of arrangement
Context: XXX may terminate this Agreement....[...] in the event of insolvency, bankruptcy, assignement for the benefit of creditors, ***filing for plan of arrangement***, a material change in the ownership... etc...

Can anyone explain me what does it mean (what is this reason for termination of a contract)?
Prims-Grup
Romania
Local time: 13:01
fling for a financial restructuring plan of arrarrangement
Explanation:
under the "Companies' Creditors Arrangement Act (commonly referred to as the "CCAA" or the "CC, double A") is a Federal Act that allows financially troubled corporations the opportunity to restructure their affairs."

see refs:

What is CCAA? -- PricewaterhouseCoopers Canada... through a formal Plan of Arrangement, the CCAA presents an opportunity for the ... and assist with the filing and voting on the Plan of Arrangement. ...
www.pwc.com/ca/eng/about/svcs/brs/whatis-ccaa.html

Eagle Plains Shareholders Approve Plan of Arrangement: Financial ...Eagle Plains also announces it has filed the Plan of Arrangement documents with ... Distributed by Filing Services Canada and retransmitted by Market Wire ...
biz.yahoo.com/iw/060612/0135225.html

US CODE: Title 11,CHAPTER 11—REORGANIZATIONThereafter, Colwell confirmed its plan of arrangement 41 days after filing its chapter XI petition. This result would have been impossible under the Senate ...
www4.law.cornell.edu/uscode/html/uscode11/usc_sup_01_11_10_11notes.html

[PDF] CINEGROUPE Monitor 7th report Sept 29,2005 _Final_.docBestandsformaat: PDF/Adobe Acrobat
The present report covers the CCAA proceedings following the filing of the Plan of Arrangement. (July 28, 2005) until the filing of the motion to approve ...
www.ey.com/global/download.nsf/Canada/Cinegroupe_7thMonitor...$file/Cinegroupe_7thMonitorsReport.pdf




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Note added at 3 hrs (2006-11-07 10:59:40 GMT)
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A very interesting note from asker, I a sure, if I could only understand a word of it!
Selected response from:

Dave Calderhead
Netherlands
Local time: 12:01
Grading comment
Thanks a lot!
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +3fling for a financial restructuring plan of arrarrangement
Dave Calderhead


  

Answers


40 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
fling for a financial restructuring plan of arrarrangement


Explanation:
under the "Companies' Creditors Arrangement Act (commonly referred to as the "CCAA" or the "CC, double A") is a Federal Act that allows financially troubled corporations the opportunity to restructure their affairs."

see refs:

What is CCAA? -- PricewaterhouseCoopers Canada... through a formal Plan of Arrangement, the CCAA presents an opportunity for the ... and assist with the filing and voting on the Plan of Arrangement. ...
www.pwc.com/ca/eng/about/svcs/brs/whatis-ccaa.html

Eagle Plains Shareholders Approve Plan of Arrangement: Financial ...Eagle Plains also announces it has filed the Plan of Arrangement documents with ... Distributed by Filing Services Canada and retransmitted by Market Wire ...
biz.yahoo.com/iw/060612/0135225.html

US CODE: Title 11,CHAPTER 11—REORGANIZATIONThereafter, Colwell confirmed its plan of arrangement 41 days after filing its chapter XI petition. This result would have been impossible under the Senate ...
www4.law.cornell.edu/uscode/html/uscode11/usc_sup_01_11_10_11notes.html

[PDF] CINEGROUPE Monitor 7th report Sept 29,2005 _Final_.docBestandsformaat: PDF/Adobe Acrobat
The present report covers the CCAA proceedings following the filing of the Plan of Arrangement. (July 28, 2005) until the filing of the motion to approve ...
www.ey.com/global/download.nsf/Canada/Cinegroupe_7thMonitor...$file/Cinegroupe_7thMonitorsReport.pdf




--------------------------------------------------
Note added at 3 hrs (2006-11-07 10:59:40 GMT)
--------------------------------------------------

A very interesting note from asker, I a sure, if I could only understand a word of it!

Dave Calderhead
Netherlands
Local time: 12:01
Works in field
Native speaker of: English
PRO pts in category: 26
Grading comment
Thanks a lot!

Peer comments on this answer (and responses from the answerer)
agree  ErichEko ⟹⭐: But affterr somme typos cleaned... :)
31 mins
  -> Thanks, Erich (:-{)> Yes, fingers went out on a fling of their own - breakfast is called for!

agree  juvera: More mystery: The asker intended to answer to the asker. :-)
3 hrs

agree  Alfa Trans (X)
1 day 3 hrs
  -> Thanks, Marju (:-{)>
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