GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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19:00 Aug 31, 2006 |
Italian to English translations [PRO] Law/Patents - Law (general) / ricorso | |||||||
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| Selected response from: Jean Martin Local time: 23:53 | ||||||
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prior striking out of the share capital = liquidation of company Explanation: I think escussione is "extinction" of company's equity. Hope it helps |
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exhaust the property/assets of the company Explanation: This means that the creditor must first claim against the company assets before enforcing a claim against the sole shareholder. |
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