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05:46 Nov 18, 2020 |
Italian to English translations [PRO] Law/Patents - Law (general) / Insolvency matters | |||||||
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| Selected response from: Rosanna Palermo Local time: 22:51 | ||||||
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UK: Insolvency Scheme vs. Admin. Petitioner Explanation: Hi, Ella - Conas tá tú ? New poster often means 'check the KudoZ glossaries first' - pls. see the weblinked answer of Bankruptcy Petitioner. As a 'semi-insolvency practitioner' - accountants to come in here, I would make the following points on the E&W Solicitors' Finals syllabus that - like Bar Finals & vs. postgrad degree options or 'electives' - does not deal very well with the subject: 1. receiver is for a receivership of individuals & corps. - the receiver, literally receiving income & rents - may also double as receiver & special manager to manage, so run the company that - as opposed to a liquidation - may *survive and continue trading*. 2. Trustee-in-bankruptcy : curator in Scots law > is routinely used in the UK for private indviduals > in Scotland, called 'sequestration > and in London Chancery practice is called a 'Scheme Trustee' cf. IVA an individual voluntary arrangement / Personal deed of Arrangement, and allied to which point: 3. and as opposed to the US e.g. with Chapter 11 etc. bankruptcies, cos. in the UK idiomatically or journalistically go 'bust' or bankrupt, but legalistically are 'wound up on the ground of insolvency' cf. CVA: a company voluntary arrangement / Corporate Scheme of Arrangement of old. 4. Contradictory it may sound, but the *Bankruptcy* Court of the Royal Courts of Justice on the Strand in London hears company winding-up petitions, often handled by fledgling Barristers. 5. The receiver, / sindico? liquidator or *Insolvency Adminsitrator* may indeed sue as a Petitioner so an Applicant or 'Supplicant' : Scots > Pursuer: on behalf of the company 'in liqudation', for instance for debt collection or to be relieved of onerous leases. All clear?'- it shouldn't be.. 'I am better acquainted with the Spanish equivalents - like suspension of payments / vol. receivership ...' Example sentence(s):
Reference: http://www.proz.com/kudoz/italian-to-english/law-general/153... Reference: http://www.proz.com/kudoz/italian-to-english/law-general/153... |
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Bankruptcy "XYZ" acting as a Plaintiff (US)/Applicant (EU)/Claimant (UK) Explanation: The term "Fallimento attore" appears very often in an action in the context of insolvency to set a transaction aside (in italian "Azione revocatoria"). The above translation is more tilted towards the source language (italian) while, for example in the U.S. (see below link), you could simply translate with "Plaintiff". Applicant is used in the EU context, while Claimant in the UK. Example sentence(s):
Reference: http://www.ilfallimento.it/giurisprudenza/95.htm Reference: http://www.kccllc.net/kodak/document/12102021403030000000000... |
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Bankruptcy petitioner Explanation: Attore del fallimento, means the person/entity who filed the bankruptcy petition with the Court. "...which the bankruptcy petitioner" 5 Common Types of Adversary Proceedings in Bankruptcy ...www.daveburnslaw.com › bankruptcy › 2019/08/01 Aug 1, 2019 — In most cases, the process consists of the bankruptcy petitioner presenting documentation and information to a bankruptcy trustee through a ... The Problem With Preferential Transfers in Bankruptcywww.hopelawfirm.com › blog › november › the-probl... Nov 26, 2019 — ... creditors may not start a legal action to collect on any debts the bankruptcy petitioner owes them until bankruptcy proceedings are complete. |
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