GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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16:12 Feb 21, 2013 |
Serbo-Croat to English translations [PRO] Law/Patents - Law (general) | |||||||
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| Selected response from: LogosART Croatia Local time: 12:08 | ||||||
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Summary of answers provided | ||||
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4 | Settlement Council |
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Settlement Council Explanation: Pre-bankruptcy settlement procedure is initiated by debtor only. The procedure is conducted by Settlement Council of the competent regional FINA office according to the debtor’s seat. The procedure should be completed within 120 days. Creditors decide on the financial restructuring plan by voting. http://www.deloitte.com/view/en_HR/hr/press/rss-news-feeds/8... |
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