Translation of "Drohender zahlungsunfähigkeit" in English

On 29 November 2011, FC Grün-Weiß Wolfen presented at the Dessau District Court their request to open insolvency proceedings due to imminent insolvency.

Vacation logic was also used to maximize bargaining power in recent cases of default or threatened default.

Italians have long been hostile to the EU’s “bail-in” directive – which calls for creditors to take a loss in the case of bank failures – because the ownership of Italy’s banks, which emerged from the country’s historic city-states, is heavily localized.

On 29 November 2011, FC Grün-Weiß Wolfen presented at the Dessau District Court their request to open insolvency proceedings due to imminent insolvency.

In case the purchaser fails to pay on the due date or in case of imminent insolvency or other essential deterioration of the purchaser’s financial situation, the seller may, after setting a grace period of 12 days for deliveries that are still outstanding arising from any contract in force, cancel the payment period and demand cash before delivery or rescind the contract or claim damages.

The customer is at an early stage to inform the seller in writing of an impending insolvency.

Until today, six contracts of debt rescheduling have been made with creditors to avert the imminent insolvency.

An ad hoc mechanism was set up on 2 May 2010 to face the imminent threat of Greek insolvency.

In addition, the spreads on the bond market narrowed after the month of June 2002 and France Télécom was able to stagger its debt maturities and face up to the liquidity wall.

These advantages had the effect inter alia of moving the liquidity wall further away, that is to say, of increasing the amount of financing available for meeting debt repayments and of permitting an actual and potential postponement of payments and actual and potential cost savings.

Concluding on this point, Bouygues Telecom maintains that the advantage gained by France Télécom amounts to more than EUR 40 billion (EUR 3 billion in respect of all the support measures taken by the French State on France Télécom's behalf and EUR 36,7 billion in respect of the State's participation in the Company's recapitalisation), which amount takes no account of the considerable latitude granted to France Télécom as a result of the removal of all financial concerns, the liquidity wall being shifted by almost EUR 43 billion.

These declarations, which seek to reassure the financial markets about France Télécom's situation, have contributed directly to the improvement in France Télécom's credit rating in the markets and have helped the Company to face up to the liquidity wall with which it was confronted.

The idea behind this proposal is the argument that the International Monetary Fund (IMF) is not experienced in dealing with the threat of a sovereign debt default in a member of a monetary union and that the EU would have much stronger enforcement mechanisms if an EMF were in operation.

The idea behind this proposal is the argument that the International Monetary Fund (IMF) is not geared up to deal with the threat of a sovereign debt default in a member of a monetary union and that the EU would have much stronger enforcement mechanisms if an EMF were in operation.

In particular, the eligibility of an undertaking is based on the notions of insolvency, risk of insolvency and over-indebtedness, which are defined in the InsO and which provide grounds for the opening of insolvency procedures.

None of the companies met the conditions for a reduction of the fine under paragraph 35 of the Commission's 2006 Guidelines on Fines (inability-to-pay claims).

After all, in the last decade or so, Russia, Argentina, and Ecuador defaulted on their public debts, while Pakistan, Ukraine, and Uruguay coercively restructured their public debt under the threat of default.

As had already occurred during Kohl's visit to Dresden two months earlier, Modrow was denied the immediate financial support to avoid the threat of insolvency (although a prospective currency union had already been on offer for several days).

Greece’s pending insolvency and the resulting concomitant aid measures go beyond the scope of imagination of many people and have resulted in quite controversial discussions both in Europe and worldwide.

If just reason is given, in particular, delay in payment, cessation of payment, commencement of insolvency proceedings, bill protest, or founded grounds for an over indebtedness or imminent insolvency of the Customer, DW shall be entitled to revoke OP's right to collect.

Then came March 2010, the sovereign debt crisis reached its first climax with the threat of Greek insolvency, the so-called EU rescue mechanism came into play, and austerity plans were designed to help the heavily indebted countries of at the periphery of the Eurozone save their way back to economic recovery.

As announced in the Company"s ad-hoc notification dated 8 October 2018, the Company has entered into negotiations with major creditors of the convertible bonds against the background of the termination option provided for in the terms and conditions of the convertible bonds 2016/2024 and 2017/2025, in order to avoid an immediate maturity of both convertible bonds in the total amount of approximately EUR6.6 million and the resulting potential threat of insolvency of the Company.

In the event of good cause, in particular default in payment, cessation of payments, opening of insolvency proceedings, bill protest or justified indications of over-indebtedness or impending insolvency of the customer, the Contractor is entitled to revoke the collection authority of the customer.

In the event of late payment, cessation of payment, opening of insolvency proceedings, exchange protest or justified indications for an over-indebtedness, imminent insolvency of the Customer or similar events ("Justified Events"), we are entitled to revoke the Customer's right to collect any receivables.

While Honecker continues to extol the GDR as a bastion of economic stability to the outside world, the chairman of the State Planning Commission, Gerhard Schürer, is so concerned by the high Western debt of the GDR and its imminent insolvency that he proposes a drastic change of course in economic policy.

Supplier is entitled to withdraw Purchaser's permission to collect funds for good reason, including, but not limited to delayed payment, suspension of payments, start of insolvency proceedings, protest or justified indications for overindebtedness or pending insolvency of Purchaser. In addition, Supplier may, upon expiry of an adequate period of notice disclose the assignment, realize the claims assigned and demand that Purchaser informs its customer of the assignment.

In every corporate insolvency, the public prosecutor must examine whether or not the insolvency was reported in a timely manner, since often there is an (imminent) – and pre-existing - inability to pay or an over-indebtedness which ought to have resulted in an urgent application for insolvency.

While Honecker continues to extol the GDR as a bastion of economic stability to the outside world, the chairman of the State Planning Commission, Gerhard SchÃ1?4rer, is so concerned by the high Western debt of the GDR and its imminent insolvency that he proposes a drastic change of course in economic policy. more The SchÃ1?4rer/Mittag dispute in the SED Politburo, 4 May 1988 (in German)

The supplier is entitled to revoke the buyer’s right to collect assigned book accounts if important reasons exist on the part of the buyer, particularly delays of payment, cessation of payment, opening of insolvency proceedings, protest of a bill or reasonable indication of an indebtedness or threatened impossibility to pay.