composition with creditors

简明释义

债务人与债权人和解

英英释义

例句

1.After months of negotiation, the firm finally reached a composition with creditors that satisfied all parties involved.

经过几个月的谈判，该公司终于达成了一项与债权人的和解协议，使所有相关方都满意。

2.A composition with creditors can help businesses avoid bankruptcy by restructuring their debts.

通过重组债务，与债权人的和解协议可以帮助企业避免破产。

3.During the financial crisis, many companies opted for a composition with creditors instead of filing for bankruptcy.

在金融危机期间，许多公司选择了与债权人的和解协议，而不是申请破产。

4.The company entered into a composition with creditors to settle its debts more efficiently.

该公司与债权人达成了与债权人的和解协议，以更高效地解决其债务。

5.The court approved the composition with creditors after reviewing the proposed payment plan.

法院在审查了提议的还款计划后批准了与债权人的和解协议。

作文

In the world of finance and business, companies often face challenges that can lead them to seek various forms of relief from their creditors. One such method is known as a composition with creditors, which is a formal agreement between a debtor and its creditors to settle debts under specific terms. This process can be crucial for businesses experiencing financial distress, allowing them to reorganize their debts and continue operations without the immediate threat of bankruptcy.A composition with creditors typically involves negotiations where the debtor proposes a plan to pay off a portion of their debts over time, often at a reduced amount. Creditors may agree to this arrangement because it allows them to recover some of the money owed rather than risking a total loss if the debtor goes bankrupt. The terms of such an agreement can vary widely, depending on the financial situation of the debtor and the willingness of the creditors to negotiate.The benefits of a composition with creditors are manifold. For the debtor, it offers a lifeline, allowing them to avoid the lengthy and often costly process of bankruptcy. It also provides a structured way to manage debts, which can lead to improved cash flow and business stability. For creditors, while they may not recover the full amount owed, they gain certainty and can avoid the uncertainty and delays associated with bankruptcy proceedings.However, entering into a composition with creditors is not without its challenges. The process requires transparency and good faith negotiations. Debtors must provide a clear picture of their financial situation, including assets, liabilities, and the reasons for their inability to pay in full. This level of disclosure is essential to build trust with creditors and facilitate a successful negotiation.Moreover, the success of a composition with creditors hinges on the willingness of creditors to cooperate. Some creditors may hold out for full payment or may be unwilling to accept a reduced settlement. In such cases, the debtor may find themselves in a difficult position, needing to balance the demands of multiple creditors while trying to formulate a viable repayment plan.Legal considerations also play a significant role in a composition with creditors. Depending on the jurisdiction, there may be specific laws governing how these agreements are structured and enforced. It’s advisable for debtors to seek legal counsel to ensure that any agreement reached is compliant with local regulations and protects their interests.In conclusion, a composition with creditors can be a valuable tool for businesses in financial distress, providing a pathway to recovery while avoiding the pitfalls of bankruptcy. By fostering open communication and negotiation between debtors and creditors, it creates an opportunity for both parties to reach a mutually beneficial arrangement. Ultimately, understanding the implications and processes involved in a composition with creditors is essential for any business facing financial difficulties, as it can significantly impact their future viability and success.

在金融和商业领域，公司常常面临挑战，这可能导致它们寻求各种形式的债权人救济。其中一种方法被称为与债权人的和解，这是债务人与其债权人之间达成的一项正式协议，以特定条款解决债务。这个过程对于经历财务困境的企业至关重要，使他们能够重组债务并继续运营，而不必面临破产的直接威胁。与债权人的和解通常涉及谈判，债务人提出计划，在一段时间内偿还部分债务，通常以减少的金额进行。债权人可能会同意这一安排，因为这使他们能够收回部分欠款，而不是冒着债务人破产导致完全损失的风险。这种协议的条款可能因债务人的财务状况和债权人谈判的意愿而大相径庭。与债权人的和解的好处是多方面的。对于债务人来说，它提供了一条生命线，使他们能够避免漫长且通常费用高昂的破产程序。它还提供了一种结构化的方式来管理债务，这可以改善现金流和企业稳定性。对于债权人来说，虽然他们可能无法收回全额，但他们获得了确定性，并可以避免与破产程序相关的不确定性和延误。然而，进入与债权人的和解并非没有挑战。该过程需要透明度和诚信的谈判。债务人必须提供清晰的财务状况，包括资产、负债以及未能全额支付的原因。这种程度的披露对于建立与债权人的信任并促进成功的谈判至关重要。此外，与债权人的和解的成功取决于债权人合作的意愿。某些债权人可能会坚持要求全额付款，或者可能不愿意接受减少的和解。在这种情况下，债务人可能会发现自己处于困难境地，需要在多个债权人的要求之间取得平衡，同时努力制定可行的还款计划。法律考虑因素在与债权人的和解中也发挥着重要作用。根据管辖权的不同，可能会有特定的法律规定这些协议的结构和执行方式。建议债务人寻求法律顾问的帮助，以确保达成的任何协议符合当地法规，并保护他们的利益。总之，与债权人的和解可以成为财务困境中的企业的宝贵工具，为恢复提供了一条途径，同时避免破产的陷阱。通过促进债务人与债权人之间的开放沟通和谈判，它为双方创造了达成互利安排的机会。最终，理解与债权人的和解涉及的影响和过程对于任何面临财务困难的企业都是至关重要的，因为这可能会显著影响他们未来的生存能力和成功。