Glossary entry

Italian term or phrase:

fase concordataria

English translation:

creditors\' arrangement phase

Added to glossary by Rory Andrew Gale
Dec 19, 2019 16:24
4 yrs ago
2 viewers *
Italian term

fase concordataria

Italian to English Law/Patents Law (general)
It's part of an insolvency procedure for company whose bank stopped it from being able to use its operating account.

al fine di consentire l’utilizzo per gestire l’operatività aziendale sia nella fase
transitoria che avrebbe preceduto il deposito della nuova domanda di concordato preventivo sia nel
corso della successiva fase concordataria
Change log

Dec 19, 2019 16:24: changed "Kudoz queue" from "In queue" to "Public"

Proposed translations

+3
4 mins
Selected

creditors arrangement phase

I thing this is the meaning

--------------------------------------------------
Note added at 11 mins (2019-12-19 16:35:05 GMT)
--------------------------------------------------

"creditors arrangement regime" would also work. See second paragraph of https://en.wikipedia.org/wiki/Companies'_Creditors_Arrangeme...
Peer comment(s):

agree Irene (Renata) Liapis
8 mins
agree writeaway : clear and concise
7 hrs
agree Silvia Marinucci
17 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Surely needs an apostrophe though?"
1 hr
Italian term (edited): successiva fase concordataria

subsequent scheme of arrangement stage

I'm not going to switch 'at this stage' to composition, but a concordato preventivo is, arguably, a preliminary scheme plan to forestall an adjudication of insolvency.
Example sentence:

... Generally speaking, effecting a scheme of arrangement is a three stage process.

Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search