creditors' agreement

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• creditors` composition — agreement prioritizing debt repayment to creditors by a bankrupt company …   English contemporary dictionary

• agreement — a|gree|ment W1S1 [əˈgri:mənt] n 1.) an arrangement or promise to do something, made by two or more people, companies, organizations etc ▪ a trade agreement agreement with ▪ Does your employer have an agreement with a union? agreement on ▪ an… …   Dictionary of contemporary English

• Companies' Creditors Arrangement Act — Citation RSC 1985, c. C 36[1] Enacted by Parliament of Canada …   Wikipedia

• composition with creditors — An agreement between an insolvent or embarrassed debtor and two or more of his creditors whereby the creditors, for some consideration, such as an immediate payment, agree to the discharge of their respective claims on the receipt of payment… …   Ballentine's law dictionary

• debt agreement — UK US noun [C] ► FINANCE a legal agreement between a debtor (= person, company, etc. that owes money) and their creditors, which includes a new plan for paying back the debt: »In Australia a Part IX debt agreement is a legally binding agreement… …   Financial and business terms

• security agreement — An agreement between one or more debtors and one or more creditors in which the debtor grants the creditor an interest in the debtor s personal property as collateral for the debt. (Alternatively or in addition, the collateral may be property… …   Financial and business terms

• Composition of creditors — A Composiition of Creditors is an agreement among several creditors of a debtor, usually a business. Usually, the agreement involves paying a lessened amount over a period of time …   Wikipedia

• Composition with creditors — A Composition with Creditors is an agreement among several creditors of a debtor, usually a business. Usually, the agreement involves paying a lessened amount over a period of time. See also Company Voluntary Arrangement Individual Voluntary… …   Wikipedia

• standstill agreement — stand·still agreement / stand ˌstil / n: an agreement providing for the preservation of the status quo for a specified or indefinite period: as a: an agreement under which litigation is forestalled between two parties b: an agreement under which… …   Law dictionary

• arrangement with creditors — A plan of a debtor for the settlement, satisfaction, or extension of the time of payment of his debts. Chapter 11 of the federal Bankruptcy Code provides for a device whereby, under the protection and supervision of the court, a financially… …   Black's law dictionary

• arrangement with creditors — A plan of a debtor for the settlement, satisfaction, or extension of the time of payment of his debts. Chapter 11 of the federal Bankruptcy Code provides for a device whereby, under the protection and supervision of the court, a financially… …   Black's law dictionary