Glossary entry (derived from question below)
Spanish term or phrase:
acuerdo privado de reorganización
English translation:
Private restructuring agreement
Added to glossary by
Maria S.
Mar 23, 2018 22:02
6 yrs ago
5 viewers *
Spanish term
acuerdo privado de reorganización
Spanish to English
Law/Patents
Finance (general)
Uruguayan Law
Hi, I would appreciate your help with this term:
Context:
- Antes de la declaración judicial de concurso el deudor podrá suscribir un acuerdo privado de reorganización con acreedores representativos del 75% (setenta y cinco por ciento) del pasivo quirografario con derecho a voto.
- El Acuerdo Privado de Reorganización es un mecanismo preventivo del concurso donde el deudor acuerda con sus acreedores forma de pagos de sus deudas.
- Se puede pedir igualmente la declaración del concurso a posteriori y luego presentar el acuerdo
- Se debe diferenciar si no hubo oposición por parte de los acreedores el tramite es extrajudicial totalmente si lo hubo se debe llevar a la orbita judicial y lo resuelve el juez.-
Thanks!
Context:
- Antes de la declaración judicial de concurso el deudor podrá suscribir un acuerdo privado de reorganización con acreedores representativos del 75% (setenta y cinco por ciento) del pasivo quirografario con derecho a voto.
- El Acuerdo Privado de Reorganización es un mecanismo preventivo del concurso donde el deudor acuerda con sus acreedores forma de pagos de sus deudas.
- Se puede pedir igualmente la declaración del concurso a posteriori y luego presentar el acuerdo
- Se debe diferenciar si no hubo oposición por parte de los acreedores el tramite es extrajudicial totalmente si lo hubo se debe llevar a la orbita judicial y lo resuelve el juez.-
Thanks!
Proposed translations
(English)
| 4 +5 | Private restructuring agreement |
Meridy Lippoldt
|
| 4 | out-of-court restructuring agreement |
bigedsenior
|
References
| Refs. |
Taña Dalglish
|
Proposed translations
+5
19 mins
Meridy Lippoldt
United States
United States
Native in English
Specializes in field
United States
MSL Translation Services
Native in: English 
Works in: French to English, Spanish to English, Italian to English, and 1 more.
Related KudoZ points
:
45
Selected
Private restructuring agreement
private restructuring agreement: past experience translating the concept leads me to believe this is a valid translation.
4 KudoZ points awarded for this answer.
Comment: "Meridy, this was really helpful. Thank you so much for your help."
1 day 19 hrs
out-of-court restructuring agreement
This is usually done for Chapter 11, Reorganization bankruptcies.
Restructuring Debts In and Out of Court - Financial Restructuring ...
www.mondaq.com/.../x/...Bankruptcy/Restructuring Debts In a...
Aug 3, 2010 - An out-of-court restructuring or "workout" is a nonjudicial process through which a financially troubled company and its significant creditors reach an ... in bankruptcy that is not in the ordinary course of business or any settlement by a company with its creditors must be approved by the bankruptcy court, after ...
Out-of-Court Settlements – Bankruptcy
https://bankruptcy.uslegal.com/out-of-court-settlements/
Sometimes, the creditors may prefer to rehabilitate the debtor through out-of-court settlements. Generally, this occurs when the procedure of restoration is impossible. An out-of-court settlement includes the resolution of an argument prior to the key decision by the bankruptcy judge. To resolve arguments between debtors ...
Fight or Flight: Restructuring vs. Bankruptcy? - Business Capital
bizcap.com/fight-or-flight-restructuring-vs-bankruptcy/
Settling out of court has benefits… There are bankruptcy alternatives. A voluntary business debt restructuring program addresses both: reducing debt and thereby making a company more qualified for recapitalization. An out of court, commercial debt restructuring can be much faster and more cost effective than filing for ...
Restructuring Debts In and Out of Court - Financial Restructuring ...
www.mondaq.com/.../x/...Bankruptcy/Restructuring Debts In a...
Aug 3, 2010 - An out-of-court restructuring or "workout" is a nonjudicial process through which a financially troubled company and its significant creditors reach an ... in bankruptcy that is not in the ordinary course of business or any settlement by a company with its creditors must be approved by the bankruptcy court, after ...
Out-of-Court Settlements – Bankruptcy
https://bankruptcy.uslegal.com/out-of-court-settlements/
Sometimes, the creditors may prefer to rehabilitate the debtor through out-of-court settlements. Generally, this occurs when the procedure of restoration is impossible. An out-of-court settlement includes the resolution of an argument prior to the key decision by the bankruptcy judge. To resolve arguments between debtors ...
Fight or Flight: Restructuring vs. Bankruptcy? - Business Capital
bizcap.com/fight-or-flight-restructuring-vs-bankruptcy/
Settling out of court has benefits… There are bankruptcy alternatives. A voluntary business debt restructuring program addresses both: reducing debt and thereby making a company more qualified for recapitalization. An out of court, commercial debt restructuring can be much faster and more cost effective than filing for ...
Reference comments
27 mins
Taña Dalglish
Jamaica
Jamaica
Native in English
Works in field
Jamaica
Translating the Ideas Behind the Words
Native in: English (Variant: British)
Works in: Spanish to English, English to Spanish, French to English, and 2 more.
Related KudoZ points
:
258
Reference:
Refs.
http://derechoconcursaluruguayo.weebly.com/acuerdo-privado-d...
Acuerdo privado de reorganización con homologación judicial
Private restructuring agreement with judicial approval
http://revistas.javeriana.edu.co/index.php/vnijuri/article/v...
UDICIAL VALIDATION OF PRIVATE RESTRUCTURING AGREEMENTS. AN EXAMPLE OF “PRIVATIZATION” OF THE INSOLVENCY LAW IN COLOMBIA
Diana Lucía Talero Castro, Rafael E. Wilches Durán
Abstract
Article 84 of Law 1116 of 2006 (Colombian insolvency regime) created in Colombian law the possibility to turn into mandatory for all the creditors of an insolvent debtor the private agreement made between the majority of those creditors and the debtor. This is a completely new institution in Colombian law and turns into an example of what has been called the “privatization” of insolvency law. This article studies the institution of judicial recognition of private agreements in Colombia, in order to comprehend its implications for Colombian insolvency law.
2015 Insolvency and Corporate Reorganisation Report: Argentina ...
www.iflr.com/.../2015-Insolvency-and-Corporate-Reorganisati...
Jun 1, 2015 - An out-of-court restructuring agreement (similar to the US pre-package agreement) which consists of a private restructuring agreement with the .... and, except for residents of Bolivia, Brazil, Colombia, Chile, Paraguay, Peru and Uruguay (parties with Argentina to the Conventions of Montevideo of 1889 on ...
Acuerdo privado de reorganización con homologación judicial
Private restructuring agreement with judicial approval
http://revistas.javeriana.edu.co/index.php/vnijuri/article/v...
UDICIAL VALIDATION OF PRIVATE RESTRUCTURING AGREEMENTS. AN EXAMPLE OF “PRIVATIZATION” OF THE INSOLVENCY LAW IN COLOMBIA
Diana Lucía Talero Castro, Rafael E. Wilches Durán
Abstract
Article 84 of Law 1116 of 2006 (Colombian insolvency regime) created in Colombian law the possibility to turn into mandatory for all the creditors of an insolvent debtor the private agreement made between the majority of those creditors and the debtor. This is a completely new institution in Colombian law and turns into an example of what has been called the “privatization” of insolvency law. This article studies the institution of judicial recognition of private agreements in Colombia, in order to comprehend its implications for Colombian insolvency law.
2015 Insolvency and Corporate Reorganisation Report: Argentina ...
www.iflr.com/.../2015-Insolvency-and-Corporate-Reorganisati...
Jun 1, 2015 - An out-of-court restructuring agreement (similar to the US pre-package agreement) which consists of a private restructuring agreement with the .... and, except for residents of Bolivia, Brazil, Colombia, Chile, Paraguay, Peru and Uruguay (parties with Argentina to the Conventions of Montevideo of 1889 on ...
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