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English translation: remedial estate
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| 18:41 Feb 18, 2022 |
| Polish to English translations [PRO] Law/Patents - Law (general) / upadłość | |||||||
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|  Selected response from: Frank Szmulowicz, Ph. D. United States Local time: 01:38 | ||||||
Grading comment
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| Summary of answers provided | ||||
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| 3 +1 | remedial estate |
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| 4 | restructuring assets |
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| 2 | restructuring-based receivership |
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| Discussion entries: 2 | |
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Answers
12 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1remedial estate Explanation: Specific issues regarding the course of proceedings After the initiation of proceedings, the debtor’s estate becomes a “remedial estate” (“masa sanacyjna”) and the debtor is, in principle, deprived of its managerial powers. Even if the court decides that the debtor should retain the power to manage its assets, the debtor is only entitled to do so within the scope of day-to-day management (ordinary management). https://cms.law/en/int/expert-guides/cms-expert-guide-to-res... |
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Grading comment
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6 hrs confidence:
restructuring-based receivership Explanation: I am afraid I have no idea what 'remedial (sanation) proceedings' in the second weblink are, but this looks to me something like an involuntary receivership vs. a plain 'asset restructuring'. Note, in that web ref., 'Protection of the (AmE) bankruptcy estate' might - in England & Wales - be called 'safeguarding of the assets of the company or partnership business in liquidation'. Example sentence(s):
Reference: http://www.investopedia.com/terms/r/receivership.asp Reference: http://www.iflr.com/article/b1trzrj79yv56s/corporate-insolve... |
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1 day 11 hrs confidence:
restructuring assets Explanation: tak Example sentence(s):
https://www.sciencedirect.com/science/article/pii/S0970389617302549 https://executiveeducation.wharton.upenn.edu/for-individuals/all-programs/distressed-asset-investing-and-corporate-restructuring/ |
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