Gastos Constitución Aval Concursal

12:45 Sep 3, 2013
Spanish to English translations [PRO]
Bus/Financial - Insurance / D&O liability insurance
Spanish term or phrase: Gastos Constitución Aval Concursal
I previously posted regarding a Directors and Officers Liability Insurance policy I'm working on.

This sublimit appears in the text like so:

Gastos Constitución Aval Concursal - X euros


I think I understand what this means. I'm just not sure if I have the idiomatic way of saying it in English.


This is what I have for the first:
Initial Expenses Bankruptcy Warranty

Any and all help is appreciated.
Jason Schrier
United States
Local time: 04:12


Summary of answers provided
2 +1Expenses for Estabilshing the Insolvency Guarantee
Neil Ashby
3(AmE) Bankruptcy Bond Expenses
Adrian MM. (X)
Summary of reference entries provided
Refs. only
Taña Dalglish

  

Answers


20 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +1
Expenses for Estabilshing the Insolvency Guarantee


Explanation:
.

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Note added at 23 mins (2013-09-03 13:09:15 GMT)
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Tan~a has covered the "insolvency guarantee expenses" with her ref. (thanks Tan~a) - I think "constitución" here simply refers to the costs which derive from 'preparing' or establishing the guarantee (administrative costs).

Neil Ashby
Spain
Local time: 13:12
Native speaker of: English
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  Taña Dalglish: Yep! I think so; I didn't post the "incorporación" part as I was looking as another reference where "incorporación" referred to "capitalization". //No, no, I was not suggesting capitalization; I think "establishing" is fine//not my field either. Saludos
9 mins
  -> Thanks Tan~a - I'm far from sure, not my field really, but it was just how I read it....
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8 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
(AmE) Bankruptcy Bond Expenses


Explanation:
I doubt there is a need to reflect the constitution or creation part.


A compter glitch means I can't post any Brunswick bail biond refs.

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Note added at 9 hrs (2013-09-03 22:16:20 GMT)
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Here's the ref. 'everyone' has been waiting for, lest a London High Court Bankruptcy judge accuses me again of the 'blind leading the blind':

www.brunswickcompanies.com/sb-court-bonds.html

Brunswick Companies offers great rates on Court Surety Bonds ... categories of court bonds, fiduciary bonds (including bankruptcy bonds) and judicial bonds.

Adrian MM. (X)
Local time: 13:12
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 77
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Reference comments


19 mins
Reference: Refs. only

Reference information:
I had posted these links before, but the question was removed:

See these links:
https://www.bancsabadell.com/cs/Satellite/SabAtl/Directors_a...
Insolvency guarantee expenses
https://www.bancsabadell.com/cs/Satellite/SabAtl/Directors_a...
Gastos de aval concursal

However, I am not sure about "constitución". As a starting point.

Taña Dalglish
Jamaica
Works in field
Native speaker of: English
PRO pts in category: 48
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