- corporate, debtor
- débiteur(trice)qui est une personne morale, personne f morale débitrice
English-French legislative terms. 2015.
English-French legislative terms. 2015.
insider of corporate debtor — a director, officer or person in control of the debtor or a partnership in which the debtor is a general partner; a general partner of the debtor or a relative of a general partner, director, officer or person in control of the debtor (Glossary… … Glossary of Bankruptcy
insider of a corporate debtor — Includes (1) a director, officer, or person in control of the debtor; (2) a partnership in which the debtor is a general partner; (3) a general partner of the debtor; or (4) a relative of a general partner, director, officer, or person in control … Glossary of Bankruptcy
Debtor-in-possession financing — or DIP financing is a special form of financing provided for companies in financial distress or under Chapter 11 bankruptcy process. Usually, this security is more senior than debt, equity, and any other securities issued by a company. It gives a … Wikipedia
claim in corporate reorganization — A claim of whatever character against a debtor or its property, except stock, whether or not such claim is provable in an ordinary bankruptcy proceeding and whether secured or unsecured, liquidated or unliquidated, fixed or contingent. Bankr Act… … Ballentine's law dictionary
Security interest — A security interest is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation, usually the payment of a debt.[1] It gives the beneficiary of the security interest certain… … Wikipedia
absolute priority rule — In a Chapter 11 Plan, the debtor in possession must completely satisfy the claims of a higher, dissenting class before the claims of classes lower in priority can participate in the reorganization. Thus, a corporate debtor s shareholders cannot… … Glossary of Bankruptcy
Thailand — /tuy land , leuhnd/, n. 1. Formerly, Siam. a kingdom in SE Asia: official name of Siam 1939 45 and since 1949. 59,450,818; 198,242 sq. mi. (513,445 sq. km). Cap.: Bangkok. 2. Gulf of. Also called Gulf of Siam. an arm of the South China Sea, S of… … Universalium
centre of main interests — (COMI) European Union, International A term that describes the jurisdiction with which a person or company is most closely associated for the purposes of cross border insolvency proceedings. The term centre of main interests (COMI) is used in the … Law dictionary
COMI — centre of main interests (COMI) European Union, International A term that describes the jurisdiction with which a person or company is most closely associated for the purposes of cross border insolvency proceedings. The term centre of main… … Law dictionary
provisional liquidator — On a compulsory liquidation, a liquidator, appointed by the court, in respect of a corporate debtor s affairs at any time before the hearing of the winding up petition. The primary reason for appointing a provisional liquidator is normally to… … Law dictionary
Bankruptcy — Notice of closure attached to the door of a computer store the day after its parent company declared bankruptcy (strictly, put into administration see text) in the United Kingdom. Bankruptcy is a legal status of an insolvent person or an… … Wikipedia