Glossary entry

Polish term or phrase:

zarząd komisaryczny a przymusowy

English translation:

receivership vs compulsory administration

Added to glossary by Zdzisław Dudek
Feb 18, 2012 13:18
12 yrs ago
52 viewers *
Polish term

zarząd komisaryczny a przymusowy

Polish to English Bus/Financial Law: Contract(s)
jak to sensownie rozróżnić w EN?
Change log

Feb 23, 2012 08:25: Zdzisław Dudek Created KOG entry

Proposed translations

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receivership vs compulsory administration

Powtarza się w różnych słownikach (PWN, Beck, megasłownik).
Definicje:
receivership
A form of bankruptcy in which a company can avoid liquidation by reorganizing with the help of a court-appointed trustee. (investorwords)
Since 1985, name given to the procedure that must be followed for any enterprise which becomes insolvent. It entered the terminology when the aims and techniques of the procedure were altered (see bankruptcy ). The procedure now always begins with an observation phase, which leads either to a rescue plan (see business plan ) or to compulsory liquidation . (eurofound)




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Note added at   1 godz. (2012-02-18 14:36:09 GMT)
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Ta druga definicja powyżej zaczynająca się od słów "Since 1985.." dotyczy "compulsory administration", źle wkleiłem , przepraszam.
Example sentence:

On 29 August, top management at Alitalia asked the Tribunal of Rome for permission to introduce the procedure of compulsory administration.

The cooperative that owns the milk depot, went into receivership after it lost a supermarket contract.

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4 KudoZ points awarded for this answer.
29 mins

judge commissioner vs. bankruptcy estate administrator

Tak wynika z moich notatek ze szkolenia TEPISu nt. Bankruptcy Law. Judge Commissioner (sędzia-komisarz) nadzoruje całą procedurą i może wyznaczyć / odwołać zarządcę przymusowego. Zależnie od kontekstu można też operować hasłami: Judge Commissioner's supervision vs. bankruptcy estate administration.
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