Übersetzung für "Insolvenzschutz" in Englisch

If it is lost and there is no insolvency guarantee, a major part of private provision is lost.

However, this kind of guarantee is less critical for non-life insurance.

Protection in the Event of Insolvency – revenue accounts are safe in case of insolvency of a world distributor or producer.

In April 1999, Sportsco International LP bought the stadium out of bankruptcy protection for $80 million.

On March 31, 2009, the company filed for bankruptcy protection under Chapter 11 of the United States Code.

Comply with the insolvency protection obligation set out in the European Package Travel Directive, at a cost starting from €7.75 per booking.

There is an insolvency protection under the Investor Compensation Fund, compensating clients up to €20,000.

The current directive will extend insolvency protection to part-time and fixed-term contract workers, but what about temporary agency workers?

Given the liquidity problems of the carriers and organisers, you could consider to choose a voucher if the conditions are attractive (insolvency protection, reimbursable after a certain period of time or other features)

That Communication concerns the purchase of an individual component, namely air travel services, and does not therefore address insolvency protection for packages and for linked travel arrangements.

While retaining discretion as to the way in which insolvency protection is to be arranged, Member States should ensure that the protection is effective.

Whereas the necessary cover may be calculated on the basis of the most recent business data, for instance the turnover achieved in the last business year, organisers should be obliged to adapt the insolvency protection in the event of increased risks, including a significant increase in the sale of packages.

However, effective insolvency protection should not have to take into account highly remote risks, for instance the simultaneous insolvency of several of the largest organisers, where to do so would disproportionately affect the cost of the protection, thus hampering its effectiveness.

Given the differences in national law and practice regarding the parties to a package travel contract and the receipt of payments made by or on behalf of travellers, Member States should be allowed to require retailers to take out insolvency protection as well.

In line with Directive 2006/123/EC, it is appropriate to lay down rules so as to prevent insolvency protection obligations from acting as an obstacle to the free movement of services and the freedom of establishment.

In order to facilitate the administrative cooperation and supervision of organisers and, where applicable, retailers which are operating in different Member States with regard to insolvency protection, Member States should be obliged to designate central contact points.

Traders facilitating linked travel arrangements should, in addition, be obliged to provide insolvency protection for the refund of payments they receive and, insofar as they are responsible for the carriage of passengers, for the travellers' repatriation, and should inform travellers accordingly.

It should be clarified that the regulatory requirements of this Directive on insolvency protection and information in relation to linked travel arrangements should also apply to traders not established in a Member State which by any means direct their activities within the meaning of Regulation (EC) No 593/2008 and Regulation (EU) No 1215/2012 of the European Parliament and of the Council [14] to one or more Member States.

Certain clarifications of the rules on contractual liability and remedies for lack of conformity in the performance of the contract will increase consumer protection, whereas the detailed criteria for insolvency protection regimes should ensure that the actual protection granted under the rules of the Member States will become more comparable, thereby strengthening the basis for mutual recognition.

This Directive should not affect any arrangements for insolvency guarantee or compensation arrangements which are not part of a supplementary pension scheme linked to an employment relationship and which aim to protect the pension rights of workers in the event of insolvency of the undertaking or the pension scheme.

These provisions do not take into account the fact that such service providers are entitled to provide services in other Member States and are already subject to insolvency protection requirements in their Member State of establishment, according to the Package Travel Directive.

By end-September, the HRE group faced a liquidity shortage due to its short-term refinancing strategy as the crisis of confidence among banks worsened following Lehman Brothers Holdings filing for bankruptcy protection.

Under the EU rules on package travel, operators must have insolvency protection, in order to guarantee that consumers will receive a refund of their payments and will be brought back home in case the organiser of the holiday goes bankrupt.

Alongside tougher regulation reducing the chances of a bank becoming distressed, a credible regime is needed to re-instil market discipline associated with the threat of failure and to reduce moral hazard – the implicit protection from failure that those in the banking sector currently enjoy.

However, the bankruptcy protection and tax benefits result from the public status of the company and are not limited in time.

Not included in the Act was the originally envisaged provision pursuant to which insolvency protection only becomes effective once the agreed period in which the accrued time credit has to be worked off exceeds 27 calendar months after the first crediting.