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proceso de ejecución de bienes del concursado

English translation: process of seizure and sale of property of a bankrupt person or entity

06:26 Dec 31, 2019
Spanish to English translations [PRO]
Law/Patents - Law (general)
Spanish term or phrase: proceso de ejecución de bienes del concursado
en un caso de contrato de compra venta.
bankrupt??
iaribram
Argentina
Local time: 04:20
English translation:process of seizure and sale of property of a bankrupt person or entity
Explanation:
Alternative 1: process of liquidation of property of a bankrupt individual, partnership, or corporation or other entity.
Alternative 2: process of liquidation of property of the bankrupt estate.
Alternative 3: process of liquidation of [the] assets of the bankrupt estate.
Alternative 4 (more vague): process of execution against [the] assets of the bankrupt party.
Note: "Bankrupt" means the party is not just insolvent or in composition of indebtedness but has been adjudicated as bankrupt.


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Note added at 51 mins (2019-12-31 07:18:33 GMT)
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Alternative: where it says "a bankrupt" one may substitute the more literal "the bankrupt".
However, care must be taken to be in accord with the broader context, which the Asker did not provide here.
Selected response from:

TechLawDC
United States
Local time: 03:20
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2process of seizure and sale of property of a bankrupt person or entity
TechLawDC
3 +1process of levy of execution against the insolvent's/bankrupt's assets
Adrian MM.


  

Answers


49 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
process of seizure and sale of property of a bankrupt person or entity


Explanation:
Alternative 1: process of liquidation of property of a bankrupt individual, partnership, or corporation or other entity.
Alternative 2: process of liquidation of property of the bankrupt estate.
Alternative 3: process of liquidation of [the] assets of the bankrupt estate.
Alternative 4 (more vague): process of execution against [the] assets of the bankrupt party.
Note: "Bankrupt" means the party is not just insolvent or in composition of indebtedness but has been adjudicated as bankrupt.


--------------------------------------------------
Note added at 51 mins (2019-12-31 07:18:33 GMT)
--------------------------------------------------

Alternative: where it says "a bankrupt" one may substitute the more literal "the bankrupt".
However, care must be taken to be in accord with the broader context, which the Asker did not provide here.

TechLawDC
United States
Local time: 03:20
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 138

Peer comments on this answer (and responses from the answerer)
agree  philgoddard: This is basically the same as Adrian's answer, but two hours earlier and without the legal mumbo jumbo.
6 hrs
agree  Patricia Fierro, M. Sc.
1 day 19 hrs
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3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
process of levy of execution against the insolvent's/bankrupt's assets


Explanation:
Not as US-savvy as the first answer or Rebecca J's weblink, but it ought to be noted that - in the US Fed. State of Delaware - the individual bankrupt can be appointed receiver, 'special interim manager' and liquidator ('turning the poacher into game-keeper'), hence the number of US corporate bankruptcies channel(l)ed through such courts (UK: windings-up on the ground of insolvency) US ref. [(Courting Failure : How Competition for Big Cases is Corrupting the Bankruptcy Courts)] [By (author) Lynn M. LoPucki] published on (December, 2006) | Lynn M. LoPucki





Example sentence(s):
  • [(Courting Failure : How Competition for Big Cases is Corrupting the Bankruptcy Courts)]
  • Execution and Levy Execution can refer to any method of enforcing a money judgment.

    Reference: http://www.proz.com/kudoz/spanish-to-english/law-general/450...
    Reference: http://thismatter.com/money/credit/debt/execution-levy.htm
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 574

Peer comments on this answer (and responses from the answerer)
agree  AllegroTrans
46 mins
  -> Thanks - levy plus the preposition of 'against' usually does the translation trick into English
neutral  philgoddard: Delaware?
3 hrs
  -> Yes. You are on the spot in the US so will know this, namely a debtor may, oddly, be the same person as a company receiver or liquidator. I usually recommend Courting Failure as set US reading for translators who cannot understand the 'mumbo jumbo'.
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