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Creditors' Voluntary Agreement (UK)

Romanian translation: concordat

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Creditors' Voluntary Agreement (UK)
Romanian translation:concordat
Entered by: Rose Marie Matei
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07:12 Sep 5, 2008
English to Romanian translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: Creditors' Voluntary Agreement (UK)
....the company is subject to Creditors' Voluntary Agreement...
Rose Marie Matei
Local time: 05:59
concordat
Explanation:
Acesta ar fi, cred, cel mai apropiat termen, deşi nu mi-este clar dacă "creditors' voluntary agreement" este încheiat în faţa justiţiei. Poate că varianta cea mai sigură ar fi totuşi "acord voluntar cu creditorii".

"Put simply a Creditors Voluntary Agreement is a means of reducing the amount owed to creditors by agreeing a reduced figure within the stricken companies means."
http://www.bigsoccer.com/forum/showthread.php?p=14605018

"Conventie incheiata intre creditori si un comerciant insolvabil, in fata instantei, prin care se acorda comerciantului micsorarea sau amanarea platii datoriilor, permitandu-i sa-si continue activitatea"
http://www.euroavocatura.ro/dictionar/1324/Concordat
Selected response from:

xxxMihai Badea
Luxembourg
Grading comment
Multumesc mult !
4 KudoZ points were awarded for this answer

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Summary of answers provided
3concordatxxxMihai Badea
Summary of reference entries provided
Cristina Bolohan

  

Answers


9 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
creditors' voluntary agreement (uk)
concordat


Explanation:
Acesta ar fi, cred, cel mai apropiat termen, deşi nu mi-este clar dacă "creditors' voluntary agreement" este încheiat în faţa justiţiei. Poate că varianta cea mai sigură ar fi totuşi "acord voluntar cu creditorii".

"Put simply a Creditors Voluntary Agreement is a means of reducing the amount owed to creditors by agreeing a reduced figure within the stricken companies means."
http://www.bigsoccer.com/forum/showthread.php?p=14605018

"Conventie incheiata intre creditori si un comerciant insolvabil, in fata instantei, prin care se acorda comerciantului micsorarea sau amanarea platii datoriilor, permitandu-i sa-si continue activitatea"
http://www.euroavocatura.ro/dictionar/1324/Concordat

xxxMihai Badea
Luxembourg
Native speaker of: Native in RomanianRomanian
PRO pts in category: 584
2 corroborated select projects
in this pair and field What is ProZ.com Project History(SM)?
Grading comment
Multumesc mult !
Notes to answerer
Asker: Este pur si simplu o fraza in cadrul unui partaj de divort, unde societatea sotului (britanic) este subject to....

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Reference comments


1 hr
Reference

Reference information:
concordat preventiv
At a meeting on Friday a creditors' voluntary agreement (CVA) was reached..
www.guardian.co.uk/education/2004/aug/02/highereducation.uk

A CVA is a deal between the company and its creditors; unsecured, trade and tax, to repay them from future profits or a deal may be written to sell assets and pay back creditors from the proceeds.
www.companyrescue.co.uk/company-rescue/options/company-volu...

Company Voluntary Arrangement (CVA)
An insolvency procedure for financially troubled companies
www.insolvencyhelpline.co.uk-CVA

Solutia pentru evitarea falimentului este concordatul preventiv
Pentru a se redresa din punct de vedere financiar, societatile comerciale care au datorii ar putea incheia o intelegere cu creditorii.
www.financiarul.com

""Concordatul preventiv e un contract incheiat intre debitorul care simte ca se indreapta catre prapastie si majoritatea creditorilor, prin care partile ajung la un compromis"", spune avocatul Arin Stanescu. Debitorul se obliga sa puna ordine in intreprindere, sa schimbe managementul, stilul de marketing, sa caute noi piete de desfacere, chiar sa schimbe productia. Creditorii au sansa sa-si recupereze integral banii daca intreprinderea se redreseaza financiar. Companiile vor putea lua credite de la banci pentru a se finanta.
www.9am.ro/stiri-revista-presei/2005-08-09/gura-de-aer-de-l...


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Note added at 3 hrs (2008-09-05 10:26:16 GMT)
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concordat/acord/aranjament amiabil cu creditorii
În Marea Britanie,legea prevede şi două măsuri preventive ce urmăresc evitarea lichidării -
concordatul amiabil (voluntarry arrangement) şi administrarea sub autoritatea justiţiei.
www.biblioteca.ase.ro/downres.php?tc=2771
www.ecb.eu/ecb/legal/pdf/l_23720070908ro00010070.pdf

Cristina Bolohan
Romania
Native speaker of: Native in RomanianRomanian
PRO pts in category: 24
Note to reference poster
Asker: Multumesc.

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