the meeting of creditors

the meeting of creditors
• die Gläubigerversammlung

English-German correspondence dictionary. 2014.

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  • meeting of creditors — meet·ing of creditors: a hearing held pursuant to section 341 of the Bankruptcy Code at which a bankrupt debtor is required to submit to examination under oath by creditors who may also elect a trustee if one has not already been appointed… …   Law dictionary

  • meeting of creditors — The debtor must appear at a meeting with the trustee to be examined under oath about assets and liabilities. Creditors are invited but seldom attend. The meeting is sometimes called the 341 meeting, after the section of the Bankruptcy Code that… …   Glossary of Bankruptcy

  • meeting of Creditors — See Section 341(a) Meeting (SA Bankruptcy.com) United Glossary of Bankruptcy Terms 2012. meeting of creditors Also known as the section 341 meeting or first meeting of creditors. This is an opportunity for the trustee and the creditors to… …   Glossary of Bankruptcy

  • first meeting of creditors — USA Section 341 meeting. Also known as meeting of creditors, creditors meeting, and first meeting of creditors. The first meeting of creditors required by Section 341 of the Bankruptcy Code at which an executive officer of the debtor is… …   Law dictionary

  • first meeting of creditors — a mandatory meeting between creditors and the debtor. It is usually held within a month of the filing of bankruptcy but often occurs later when the debtor has filed its schedules of financial information (Glossary of Common Bankruptcy Terms) The… …   Glossary of Bankruptcy

  • first meeting of creditors — In bankruptcy, the initial meeting called by the court for the examination of the bankrupt (i.e. debtor). Bankruptcy Code, No. 341 …   Black's law dictionary

  • first meeting of creditors — In bankruptcy, the initial meeting called by the court for the examination of the bankrupt (i.e. debtor). Bankruptcy Code, No. 341 …   Black's law dictionary

  • creditors' voluntary liquidation — CVL The winding up of a company by special resolution of the members when it is insolvent. A meeting of creditors must be held within 14 days of such a resolution and the creditors must be given seven days notice of the meeting. The creditors… …   Accounting dictionary

  • creditors' voluntary liquidation — CVL The winding up of a company by special resolution of the members when it is insolvent. A meeting of creditors must be held within 14 days of such a resolution and the creditors must be given seven days notice of the meeting. The creditors… …   Big dictionary of business and management

  • meeting — meet‧ing [ˈmiːtɪŋ] noun [countable] an event at which people meet to talk and decide things: • We had a meeting yesterday to discuss progress. • It was decided to hold a shareholders meeting later this month. • Two of the directors refused to… …   Financial and business terms

  • creditors' meeting — USA Section 341 meeting. Also known as meeting of creditors, creditors meeting, and first meeting of creditors. The first meeting of creditors required by Section 341 of the Bankruptcy Code at which an executive officer of the debtor is… …   Law dictionary

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