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company voluntary arrangement (CVA)

Polish translation: dobrowolny układ (spółki z wierzycielami)

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	company voluntary arrangement (CVA)
Polish translation:	dobrowolny układ (spółki z wierzycielami)
Entered by:	Krzysztof Bandurski

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09:41 Oct 10, 2005

English to Polish translations [PRO]
Law/Patents - Accounting / obowi�zki ksi�gowych

English term or phrase: company voluntary arrangement (CVA)

definicja angielska:
"It is a deal between the insolvent company and its creditors; this contract allows the company to repay some or all of its debts from future profits."

albo:

"The Company Voluntary Arrangement procedure aids business by enabling a company in financial difficulty to come to a binding agreement with its creditors."

dobrowolne porozumienie? czy jest jaki¶ szczególny odpowiednik?