English-German translations for insolvency

  • InsolvenzdieEs gab ja ganz andere Vorschläge, z. B. war von einer geordneten Insolvenz die Rede. There were other proposals on the table, such as a structured insolvency. Die Kommission untersucht derzeit das Problem der Insolvenz von Fluggesellschaften. The Commission is at present studying the issue of airline insolvency. Zweitens ist es völlig unfair, dass Hersteller so ihre Insolvenz erklären können. Second, it is totally unfair that manufacturers can declare insolvency in this way.
  • ZahlungsunfähigkeitdieSchutz der Arbeitnehmer bei Zahlungsunfähigkeit des Arbeitgebers Protection of employees in the event of the insolvency of their employer Er soll vor einer möglichen Zahlungsunfähigkeit seiner Versicherung geschützt werden. They are to be protected in the event of the insolvency of their insurance company. Das Ziel der Richtlinie ist es, im Falle der Zahlungsunfähigkeit einen Mindestschutz zu gewähren. A directive such as this aims to give a minimum level of protection in the event of insolvency.

Definition of insolvency

  • The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay his debts as they fall due, or in the usual course of trade and business
  • Insufficiency to discharge all debts of the owner
  • The condition of having more debts than assets

Examples

  • The company faces insolvency
  • the insolvency of an estate

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