Glossary entry

English term or phrase:

administration (company collapsed into administration)

Hungarian translation:

csődgondnokság

Added to glossary by juvera
Jul 27, 2005 08:44
18 yrs ago
3 viewers *
English term

administration

Homework / test English to Hungarian Law/Patents Law (general)
a property group collapsed into administration
Proposed translations (Hungarian)
5 +1 csődgondnokság

Proposed translations

+1
1 hr
Selected

csődgondnokság

Magyarul itt találhatsz információt: elib.kkf.hu/2003_2_06_ASZODI.pdf

Administration
Principally designed as a procedure for rescuing the company or getting a better outcome for creditors than could be achieved in a winding-up. An administrator has to act in the interests of the creditors as a whole.
europa.eu.int/comm/justice_home/ejn/bankruptcy/bankruptcy_eng_en.htm
Peer comment(s):

agree Istvan Nagy
2 hrs
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4 KudoZ points awarded for this answer.
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