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debt composition

Dutch translation: schuldakkoord / schuldregeling

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13:00 Dec 9, 2004
English to Dutch translations [PRO]
Bus/Financial - Law: Contract(s)
English term or phrase: debt composition
I am translating an amendment to the financial aspects of a licence agreement. It reads here that "insolvency means the commencement of a case, by or against Licensee, under Title 11 of the United States Code (or any similar proceeding for the arrangement, adjustment or composition of debts under any state, federeal or foreign law providing for the relief of debtors).
Titia Dijkstra
Local time: 04:19
Dutch translation:schuldakkoord / schuldregeling
Explanation:
Volgens mij gaat het hier om een regeling of akkoord met schuldeisers.
Selected response from:

Joost Simons
Local time: 04:19
Grading comment
Bedankt! Titia.
4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +2schuldakkoord / schuldregeling
Joost Simons


  

Answers


40 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
schuldakkoord / schuldregeling


Explanation:
Volgens mij gaat het hier om een regeling of akkoord met schuldeisers.

Joost Simons
Local time: 04:19
Native speaker of: Native in DutchDutch
PRO pts in category: 4
Grading comment
Bedankt! Titia.

Peer comments on this answer (and responses from the answerer)
agree  Richenel Ansano: Voluntary arrangement to restructure a firm`s debt, under which payment is reduced. zie: http://www.marketvolume.com/glossary/c0327.asp
6 hrs
  -> Thanks

agree  Egmont
12 hrs
  -> Thanks
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