Glossary entry (derived from question below)
Italian term or phrase:
XYZ S.p.A. in amministrazione straordinaria
English translation:
XYZ S.p.A. in extraordinary administration
Added to glossary by
Peter Cox
Jun 27, 2006 11:08
17 yrs ago
11 viewers *
Italian term
XYZ S.p.A. in amministrazione straordinaria
Italian to English
Bus/Financial
Finance (general)
Bond Issue
public limited company in special session?
thanks in advance
thanks in advance
Proposed translations
(English)
5 +1 | XYZ S.p.A. in extraordinary administration |
Peter Cox
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5 | XYZ S.p.A. in extraordinary administration |
Gail Patricia Bulla - nee Charrion
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5 | in receivership |
DCypher (X)
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Proposed translations
+1
24 mins
Selected
XYZ S.p.A. in extraordinary administration
This is a stage in which normally the company (in financial difficulties) is managed by a committee of creditors, instead of the directors
4 KudoZ points awarded for this answer.
Comment: "thanks for the explanation!"
23 mins
XYZ S.p.A. in extraordinary administration
See web links (you'll find lots re Parmalat!)
Reference:
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/06-02-2006/0004373099&EDATE=
3 hrs
in receivership
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