reclamación de aviso o rechazo

English translation: Notice of rejection or claim

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:reclamación de aviso o rechazo
English translation:Notice of rejection or claim
Entered by: Maria Luisa Duarte

16:46 Aug 10, 2002
Spanish to English translations [PRO]
Law/Patents
Spanish term or phrase: reclamación de aviso o rechazo
Los elementos faltantes o defectuosos que se detecten en esta inspección se registrarán en el Acta de Recibo de elementos, la cual servirá de base para iniciar los trámites de reposición, reclamación de aviso o de rechazo, según el caso.
Maria Eugenia Roca Rodriguez
Argentina
Local time: 04:12
Notice of rejection or claim
Explanation:
+

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Note added at 2002-08-10 16:59:42 (GMT)
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That the cable companies may have substantial claims upon rejection does not mean that rejection is not in the best interest of the estate. This is so primarily because the rejection claims will be paid cents on the dollar as general unsecured claims. If the value added to the estate is any substantial portion of the rejection claim (say 50%), and the dividend to unsecured creditors remains less than that percentage, rejection will increase the dividend to general unsecured creditors, even while it causes an increase in the total amount of allowed claims. Indeed, it is this calculus that provides the value of the rejection power.

http://www.canb.uscourts.gov/canb/Documents.nsf/b31bae3c378e...
Selected response from:

Maria Luisa Duarte
Spain
Local time: 08:12
Grading comment
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Summary of answers provided
5 +8Notice of rejection or claim
Maria Luisa Duarte


  

Answers


12 mins   confidence: Answerer confidence 5/5 peer agreement (net): +8
Notice of rejection or claim


Explanation:
+

--------------------------------------------------
Note added at 2002-08-10 16:59:42 (GMT)
--------------------------------------------------

That the cable companies may have substantial claims upon rejection does not mean that rejection is not in the best interest of the estate. This is so primarily because the rejection claims will be paid cents on the dollar as general unsecured claims. If the value added to the estate is any substantial portion of the rejection claim (say 50%), and the dividend to unsecured creditors remains less than that percentage, rejection will increase the dividend to general unsecured creditors, even while it causes an increase in the total amount of allowed claims. Indeed, it is this calculus that provides the value of the rejection power.

http://www.canb.uscourts.gov/canb/Documents.nsf/b31bae3c378e...

Maria Luisa Duarte
Spain
Local time: 08:12
Native speaker of: Native in EnglishEnglish, Native in PortuguesePortuguese
PRO pts in pair: 3168
Grading comment
Graded automatically based on peer agreement. KudoZ.

Peer comments on this answer (and responses from the answerer)
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