Hungarian - English

Chapter 11 szerinti reorganizációs eljárás

C1 Hungarian
reorganization
NOUN C1 TECHNICAL
1
Usage pattern:
Chapter 11 szerinti reorganizációs eljárást kezdeményez; ilyen eljárás alatt áll
No example pairs yet.
Meaning
legal restructuring under bankruptcy law
Themes
bankruptcy |law |finance |debt |court_procedure |business
Definition

A formal legal process, especially under bankruptcy law, in which a company or individual restructures debts and operations under court supervision instead of being liquidated.

Grammar

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Expressions

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