Glossary entry (derived from question below)
Spanish term or phrase:
Concurso culpable
English translation:
negligent bankruptcy
Added to glossary by
Chiara Torres
Jun 29, 2014 16:32
10 yrs ago
16 viewers *
Spanish term
Concurso culpable
Spanish to English
Law/Patents
Law (general)
commercial law
Hi would you translate concurso culpable as fraudulent bankruptcy?
Thank you in advance
Thank you in advance
Proposed translations
(English)
| 4 | negligent bankruptcy |
Edward Tully
|
| 5 | culpable insolvency |
Billh
|
| 3 | AmE culpable insolvency<> BrE wrongful trading |
Adrian MM. (X)
|
Proposed translations
26 mins
Edward Tully
Native in English
Specializes in field
Because your words matter
Native in: English (Variants: UK, US) 
Works in: Spanish to English
Related KudoZ points
:
1666
Selected
negligent bankruptcy
http://www.proz.com/kudoz/spanish_to_english/law_general/324...
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Note added at 28 mins (2014-06-29 17:00:28 GMT)
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negligences - Word Magic Software
www.wordmagicsoft.com/diccionario/en-es/negligences.php
negligent bankruptcy · negligent homicide · negligent misrepresentation · negligent person ... culpable negligence · damage to property due to negligence
bankruptcy - Dictionare
dictionare.4rev.net/?SearchBox=bankruptcy&Dictionary...
quiebra culpable; quiebra culposa, insolvencia culpable, quiebra culpable ... bancarrota debida a negligencia, quiebra culpable ... negligent bankruptcy.
TCTerms - الإفلاس التقصيري (Spanish)
www.translatorscafe.com/tcTerms/es-ES/thQuestion.aspx?id=11...
9/11/2012 - I do see that تقصير can refer to culpability in a general way, but I'm ... into three sections; liquidation bankruptcy, negligent bankruptcy and ...
The Handbook of Comparative Criminal Law
books.google.es/books?isbn=0804777292 - Traducir esta página
Kevin Heller, Markus Dubber - 2010 - Law
... uses the term “willful” ('amdan) to express the most culpable degree of mens rea ... crime of “criminally negligent bankruptcy” (tafalus bi taqsir) (Arts. 330-333), ...
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Note added at 28 mins (2014-06-29 17:00:28 GMT)
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negligences - Word Magic Software
www.wordmagicsoft.com/diccionario/en-es/negligences.php
negligent bankruptcy · negligent homicide · negligent misrepresentation · negligent person ... culpable negligence · damage to property due to negligence
bankruptcy - Dictionare
dictionare.4rev.net/?SearchBox=bankruptcy&Dictionary...
quiebra culpable; quiebra culposa, insolvencia culpable, quiebra culpable ... bancarrota debida a negligencia, quiebra culpable ... negligent bankruptcy.
TCTerms - الإفلاس التقصيري (Spanish)
www.translatorscafe.com/tcTerms/es-ES/thQuestion.aspx?id=11...
9/11/2012 - I do see that تقصير can refer to culpability in a general way, but I'm ... into three sections; liquidation bankruptcy, negligent bankruptcy and ...
The Handbook of Comparative Criminal Law
books.google.es/books?isbn=0804777292 - Traducir esta página
Kevin Heller, Markus Dubber - 2010 - Law
... uses the term “willful” ('amdan) to express the most culpable degree of mens rea ... crime of “criminally negligent bankruptcy” (tafalus bi taqsir) (Arts. 330-333), ...
Note from asker:
| Thank you Edward. Very helpful! |
4 KudoZ points awarded for this answer.
Comment: "Thanks again Edward. I liked your translation better than the rest. "
7 hrs
AmE culpable insolvency<> BrE wrongful trading
Good idea to clarify the target jurisdiction as we may find that fraudulent bankruptcy may draw a blank in England & Wales and that bankruptcy does not exist in Scotland where it called sequestration.
It may be either fraudulent or wrongful / I put my money on the latter./
Butterworth~s ES/EN dictionary> bankruptcy proceeding in which the debtor is proven to have been negligent.
It may be either fraudulent or wrongful / I put my money on the latter./
Butterworth~s ES/EN dictionary> bankruptcy proceeding in which the debtor is proven to have been negligent.
Example sentence:
wrongful trading> allowing a firm to continue trading in a situation where a reasonably diligent person would realize that the firm's insolvency is inevitable. Read more: http://www.businessdictionary.com/d
Culpable insolvency or fraudulent insolvency is a crime committed by any person who shall abscond with his property to the prejudice of his creditors
Note from asker:
| Hi Tom. Thanks for your answer. I think it is more negligent or wrongful than culpable. No target jurisdiction just have to explain the Spanish jurisdiction in English for non native Spanish speakers of English who are not English either. |
17 hrs
culpable insolvency
This is the term used by the EU in English for Spanish "concurso culpable".
The classification is based on the reasons for the insolvency. It may be classified as fortuitous or culpable. An insolvency is fortuitous when it is not culpable. It is classified as culpable if it was brought about or aggravated by wilful misconduct or serious negligence on the part of the debtor and, in the case of legal persons, on the part of the debtor’s de facto and de jure directors or administrators.
http://ec.europa.eu/civiljustice/bankruptcy/bankruptcy_spa_e...
It is more than just 'negligent'
CONCURSO CULPABLE
- Requisito Fundamental: Dolo o Culpa grave del Deudor (Representantes)
- Aspecto Importante: La conducta reprochable no consiste únicamente en dar origen al estado de insolvencia, sino también al agravamiento del mismo, por lo que el supuesto de culpabilidad se extiende no sólo en el ámbito temporal sino también conceptual, al contemplar el supuesto de agravamiento doloso o culposo de una situación de insolvencia ya existente.
http://www.legorburoconsultores.es/responsabilidad-administr...
I'm not sure what the precise equivalent would be under US law.
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Note added at 17 hrs (2014-06-30 09:36:28 GMT)
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In British English therefore the term is "culpable insolvency" and I think this may be OK for US English.
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Note added at 17 hrs (2014-06-30 09:37:49 GMT)
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[PDF]
LSE COPY - London School of Economics and Political ...
www.lse.ac.uk/collections/.../WPS2014-06_Gerner-Beuerle-Sch...
by C Gerner-Beuerle - Related articles
Papers at: www.lse.ac.uk/collections/law/wps/wps.htm and the Social ...... insolvency proceedings.195 In the case of a culpable insolvency, the court may, in.
The classification is based on the reasons for the insolvency. It may be classified as fortuitous or culpable. An insolvency is fortuitous when it is not culpable. It is classified as culpable if it was brought about or aggravated by wilful misconduct or serious negligence on the part of the debtor and, in the case of legal persons, on the part of the debtor’s de facto and de jure directors or administrators.
http://ec.europa.eu/civiljustice/bankruptcy/bankruptcy_spa_e...
It is more than just 'negligent'
CONCURSO CULPABLE
- Requisito Fundamental: Dolo o Culpa grave del Deudor (Representantes)
- Aspecto Importante: La conducta reprochable no consiste únicamente en dar origen al estado de insolvencia, sino también al agravamiento del mismo, por lo que el supuesto de culpabilidad se extiende no sólo en el ámbito temporal sino también conceptual, al contemplar el supuesto de agravamiento doloso o culposo de una situación de insolvencia ya existente.
http://www.legorburoconsultores.es/responsabilidad-administr...
I'm not sure what the precise equivalent would be under US law.
--------------------------------------------------
Note added at 17 hrs (2014-06-30 09:36:28 GMT)
--------------------------------------------------
In British English therefore the term is "culpable insolvency" and I think this may be OK for US English.
--------------------------------------------------
Note added at 17 hrs (2014-06-30 09:37:49 GMT)
--------------------------------------------------
[PDF]
LSE COPY - London School of Economics and Political ...
www.lse.ac.uk/collections/.../WPS2014-06_Gerner-Beuerle-Sch...
by C Gerner-Beuerle - Related articles
Papers at: www.lse.ac.uk/collections/law/wps/wps.htm and the Social ...... insolvency proceedings.195 In the case of a culpable insolvency, the court may, in.
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