redressement judiciaire receivership
| Creator: | |
| Language pair: | Da Francese a Inglese |
| Definition / notes: | when a firm becomes insolvent, a receiver is appointed by the court to manage its affairs pending any decision as to whether it can carry on business. I am inclined to translate this "receivership or other court-ordered administration of the undertaking's affairs" to cover, e.g. the North American legal context. |
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