pagamento previsto in prededuzione

English translation: which will be paid before distribution

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:pagamento previsto in prededuzione
English translation:which will be paid before distribution
Entered by: Cristina Giannetti

21:29 Sep 2, 2011
Italian to English translations [PRO]
Bus/Financial - Economics / concordato preventivo
Italian term or phrase: pagamento previsto in prededuzione
sono previsti alcuni flussi di cassa negativi per gli oneri di procedura, le spese correnti previste nel piano di concordato e per la vendita di beni (il cui pagamento è previsto in prededuzione)

in un concordato preventivo
il significato è: sono dedotte in anticipo, non alla fine del riparto delle somme disponibili per soddisfare i creditori.
come posso renderlo in inglese?

ho trovato administrative claims
perché le spese prededucibili hanno priorità su tutti i creditori.
Cristina Giannetti
Local time: 23:03
which will be paid before distribution
Explanation:
I dont thnk there is such a specific term as prededuzione/prededotto

see previous kudoz
http://www.proz.com/kudoz/italian_to_english/accounting/3802...
Selected response from:

CristianaC
United Kingdom
Local time: 22:03
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4which must be paid in advance
eccotraduttrice
3which will be paid before distribution
CristianaC
3amounts immediately payable
Lucrezia Amedeo


  

Answers


8 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
which will be paid before distribution


Explanation:
I dont thnk there is such a specific term as prededuzione/prededotto

see previous kudoz
http://www.proz.com/kudoz/italian_to_english/accounting/3802...

CristianaC
United Kingdom
Local time: 22:03
Specializes in field
Native speaker of: Native in ItalianItalian, Native in EnglishEnglish
PRO pts in category: 16
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11 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
which must be paid in advance


Explanation:
This is what it seems to be saying.

eccotraduttrice
United States
Local time: 14:03
Native speaker of: English
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1 day 1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
amounts immediately payable


Explanation:
secondo un consolidato orientamento dottrinale [1] e giurisprudenziale [2], la prededuzione deve essere considerata come una deroga eccezionale al principio della par condicio creditorum in quanto, a differenza dei crediti concorsuali – si allude a quei crediti sorti in seguito ad atti compiuti dal fallito precedentemente alla dichiarazione di fallimento e inevitabilmente sottoposti alla cosiddetta ^falcidia fallimentare^, tipica del concorso – i crediti in prededuzione, e cioè i cosiddetti ^crediti della massa^, si caratterizzano per essere funzionalmente collegati all’attività di amministrazione e di liquidazione del patrimonio del fallito, poiché sorti a seguito di atti compiuti dal curatore dopo la dichiarazione di fallimento e, proprio alla luce delle nominate caratteristiche, sono adempiuti in ^prededuzione^, quindi con precedenza rispetto a tutti i crediti concorsuali e in modo almeno tendenzialmente pieno.



Secured creditors are those whose debt is secured by a pledge, mortgage or lien. They have a right of pre-emption over the proceeds of sale of the goods charged in their favour covering the capital, interest and costs.

The unsecured creditors only participate in the distribution of assets on which no debts are secured, in proportion to their debt and on a par with the secured creditors for the remainder of their debts not satisfied by the security.

A distinction must be made between bankruptcy creditors and creditors of the bankrupt?s estate; the latter are those who become creditors of the bankrupt after the bankruptcy order is made, as a result of acts legally performed by the bodies involved in the bankruptcy proceedings, and consequently must be paid in full before the debts of the bankruptcy creditors are paid.

http://www.auctionportal.it/index.php?option=content&task=vi...



Lucrezia Amedeo
Italy
Local time: 23:03
Native speaker of: Native in ItalianItalian
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