GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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19:20 May 20, 2003 |
French to English translations [PRO] Law/Patents | |||||||
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| Selected response from: Lanna Castellano Local time: 01:07 | ||||||
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Summary of answers provided | ||||
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4 | body of creditors under a scheme of composition |
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3 | liquidation by arrangement |
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liquidation by arrangement Explanation: according to Eurodicautom. I assume one could also go for "liquidation by agreement" |
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body of creditors under a scheme of composition Explanation: a dispute between the body of creditors under a scheme of composition with A., a S.A. in liquidation, B's former employer, with the B's estate. When a composition is reached with a company's creditors as a group (masse), they take over its assets and liabilities, and here the liabilities include the claim against the company being made by its former employee |
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