creditor's meeting

简明释义

债权人大会

英英释义

A creditor's meeting is a formal gathering of a company's creditors to discuss the financial status of the company, review its debt obligations, and make decisions regarding its restructuring or liquidation.

债权人会议是公司债权人的正式聚会,旨在讨论公司的财务状况、审查其债务义务,并就公司的重组或清算做出决策。

例句

1.The company called for a creditor's meeting to discuss the restructuring plan.

公司召开了一个债权人会议以讨论重组计划。

2.The creditor's meeting was held to negotiate better terms for the outstanding debts.

召开了债权人会议以协商未偿债务的更好条款。

3.Investors were invited to the creditor's meeting to review the financial statements.

投资者被邀请参加债权人会议以审查财务报表。

4.During the creditor's meeting, several creditors expressed their concerns about the repayment schedule.

债权人会议期间,几位债权人表达了对还款计划的担忧。

5.At the creditor's meeting, the management presented their plan to improve cash flow.

债权人会议上,管理层展示了改善现金流的计划。

作文

In the world of finance and business, understanding various terms and processes is crucial for success. One such term that often arises during financial distress is the creditor's meeting. A creditor's meeting (债权人会议) is a formal gathering of a company's creditors, convened to discuss the financial status of the company that owes them money. This meeting typically occurs when a company is facing bankruptcy or insolvency, and it serves several important purposes.Firstly, a creditor's meeting allows creditors to come together and share information about the debtor's financial situation. Each creditor may have different insights or pieces of information regarding the company's assets and liabilities. By pooling their knowledge, creditors can gain a clearer picture of the overall financial health of the company. This collective understanding is essential for making informed decisions about how to proceed, whether that means restructuring the debt, negotiating payment plans, or pursuing legal action.Secondly, the creditor's meeting provides a platform for creditors to voice their concerns and opinions. During the meeting, creditors may express their preferences regarding how the company should handle its debts. For example, some creditors may advocate for liquidation, while others may prefer a reorganization plan that allows the company to continue operating. The discussions held during a creditor's meeting can significantly influence the direction of the company's recovery efforts.Additionally, the creditor's meeting plays a vital role in ensuring transparency and accountability. Creditors have a right to know how their money is being managed and what steps are being taken to address the company's financial issues. By attending the meeting, they can hold the company's management accountable for their actions and decisions. This transparency helps build trust between the creditors and the company, which is essential for any potential recovery plan.Moreover, a creditor's meeting often leads to the appointment of a trustee or administrator. In cases of bankruptcy, a court may appoint an individual or organization to oversee the company's assets and ensure that creditors are treated fairly. The trustee's role is to manage the distribution of assets and make decisions that align with the best interests of all creditors. The creditor's meeting is an opportunity for creditors to discuss and agree upon the appointment of such individuals.In conclusion, a creditor's meeting (债权人会议) is a critical event in the lifecycle of a financially distressed company. It facilitates communication among creditors, allows for the expression of concerns and preferences, ensures transparency and accountability, and can lead to the appointment of trustees for asset management. Understanding the significance of a creditor's meeting is essential for anyone involved in finance or business, as it can greatly impact the outcomes for both creditors and the company in question. Being well-informed about these meetings can empower creditors to make better decisions and advocate for their interests effectively.