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(with creditors)

См. также в других словарях:

  • composition with creditors — A contract made by an insolvent or financially pressed debtor with two or more creditors in which the creditors agree to accept one specific partial payment of the total amount of their claims, which is to be divided pro rata among them in full… …   Law dictionary

  • arrangement with creditors — A plan of a debtor for the settlement, satisfaction, or extension of the time of payment of his debts. Chapter 11 of the federal Bankruptcy Code provides for a device whereby, under the protection and supervision of the court, a financially… …   Black's law dictionary

  • arrangement with creditors — A plan of a debtor for the settlement, satisfaction, or extension of the time of payment of his debts. Chapter 11 of the federal Bankruptcy Code provides for a device whereby, under the protection and supervision of the court, a financially… …   Black's law dictionary

  • Composition with creditors — A Composition with Creditors is an agreement among several creditors of a debtor, usually a business. Usually, the agreement involves paying a lessened amount over a period of time. See also Company Voluntary Arrangement Individual Voluntary… …   Wikipedia

  • composition with creditors — An agreement between an insolvent or embarrassed debtor and two or more of his creditors whereby the creditors, for some consideration, such as an immediate payment, agree to the discharge of their respective claims on the receipt of payment… …   Ballentine's law dictionary

  • Creditors (play) — Creditors Written by August Strindberg Characters Tekla a writer Adolf, her husband, a painter Gustav, her former husband, a teacher Two Ladies A Porter Date premiered 9 March 1889 ( …   Wikipedia

  • creditors' committee — England, Wales After a company has been placed into administration, a meeting of the company s creditors (usually convened by an administrator shortly after his appointment) can resolve to establish a creditors committee under Part 2, Section B,… …   Law dictionary

  • creditors' committees — can play a major role in chapter 11 cases. The United States trustee, a federal employee to be distinguished from a private case trustee or panel trustee, appoints the committee, which ordinarily consists of unsecured creditors who hold the seven …   Glossary of Bankruptcy

  • creditors' committee — A group representing firms that have claims on a company facing bankruptcy or extreme financial difficulty. Bloomberg Financial Dictionary * * * creditors committee creditors committee ➔ committee * * * creditors committee UK US noun [C] US LAW ► …   Financial and business terms

  • creditors' committee — In bankruptcy, a committee of representative creditors elected (in Chapter 7) or appointed (in Chapter 11) to consult with the bankruptcy trustee or United States Trustee, and to perform other services in the interest of the represented creditors …   Black's law dictionary

  • creditors' committee — In bankruptcy, a committee of representative creditors elected (in Chapter 7) or appointed (in Chapter 11) to consult with the bankruptcy trustee or United States Trustee, and to perform other services in the interest of the represented creditors …   Black's law dictionary

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