Glossary entry

English term or phrase:

trustee in bankruptcy

Serbo-Croat translation:

stečajni upravnik

Added to glossary by Bogdan Petrovic
Oct 9, 2008 07:37
15 yrs ago
20 viewers *
English term

trustee in bankruptcy

English to Serbo-Croat Law/Patents Law (general)
This Agreement is personal to the Agency and accordingly, no assignee for the benefit of the Agency's creditors, receiver, debtor-in-possession, trustee in bankruptcy, or any other officer, court or governmental authority charged with taking over custody of the Agency's assets or business shall have any right to continued performance of this Agreement.
Proposed translations (Serbo-Croat)
5 +2 stečajni upravnik

Proposed translations

+2
1 hr
Selected

stečajni upravnik

Definition

Court-appointed trustee who will administer the affairs of a bankrupt company or individual. A trustee in bankruptcy will act on behalf of the debtor to ensure that both the creditor's and debtor's interests are maintained in accordance with the rule of law, and often acts as a negotiator between the two.
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Peer comment(s):

agree Natasa Djurovic
0 min
Hvala, Nataša.
agree Larisa Djuvelek-Ruggiero (X) : da, stecajni upravitelj; likvidator
1 day 14 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Hvala!"
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