Translation of "Gläubiger und schuldner" in English

Secondly, this is, of course, a balance of interests between the creditors and the debtors.

The rights of creditor and debtor must be subject to safeguards in this case too.

It exactly describes the creditors, the debtors as well as any enforceable payments.

We offer a professional and objective mediation between the debtor and the creditor.

Creditors, the trader affected and the trustee take part.

This is the term for the legal relation between creditor and debtor.

Legal proceedings between creditor and debtor are frequently avoided.

It is all the more important that all creditors and debtors live up to their responsibility.

The “Financial Times” may describe us as creditors and debtors.

The subclass may be defined by a reference to maturity and/or by a reference to the institutional units holding or issuing currency and deposits.

Within the framework of our activity the conflict exists regularly between the and the debtor.

The warrant for arrest is to designate the creditor, the debtor, and the grounds for the arrest.

As regards late payment of amounts payable for use of the network, the Portuguese authorities claim that the rescheduling of debt by Portugal Telecom was a common strategy in commercial relations between creditor and debtor and did not result from intervention by the State.

I am thinking of certain points of family law, such as inheritance among people of different nationalities, or the execution of orders for payment where the creditor is from one country and the debtor from another: in civil law, too, we can find solutions that improve or resolve certain problems in people’s everyday lives.

Furthermore, most of them have a history of colonial exploitation, which makes them creditors rather than debtors of the industrialised countries.

Member countries are now divided into two classes – creditors and debtors – with the creditors in charge.

A banking crisis that could have been resolved through a fair and decisive restructuring of unsustainable debts has ballooned into a much greater economic and political crisis that pits creditors against debtors, both within and among countries.

We believe a critical opportunity was missed when the balance of the burden of adjustment was tilted heavily in favor of creditors relative to debtors in the response to the crisis and that this contributed to the prolonged stagnation that followed the crisis.

The crisis in Europe is just the latest example of the high costs – for creditors and debtors alike – entailed by the absence of an international rule of law for resolving sovereign-debt crises.

But, if financing were to become easier, it would be unclear how both creditors and debtors would perceive the risk of excessive imbalances.

The resulting impediments to access to efficient justice in cross-border cases and the distortion of competition within the internal market due to the disequilibrium with regard to the functioning of the procedural means afforded to creditors in different Member States entail the need for Community legislation which guarantees a level playing field for creditors and debtors throughout the European Union.

This section is not to be filled in if the information in section 2 was already given both for the creditor and the debtor where a joint application is made on the ground that they agreed to settle the claim.

Not to be filled in if the information in section 4 was already given both for the creditor and the debtor where a joint application for a remedy was made on the grounds that they agreed to settle the claim.

The terms of the loan agreement, i.e. interest rates and security, were favourable to the CBI.

They may also be prevented from bringing an action because of a conflict of interest, for example when the organisation has as members both the creditors and the debtor.

Where the court determines pursuant to Article 9(2) that an oral hearing of the creditor and, as the case may be, his witness(es) is necessary, the court shall hold the hearing without delay and shall issue its decision by the end of the fifth working day after the hearing has taken place.

The changes should bring savings to businesses which use these procedures by reducing the formalities involved and keeping the financial cost to a minimum, in particular for cases where the debtor and creditor are in different Member States.

The relationship of the German State towards its taxpayers is argued to be comparable with the relationship between a private creditor and a debtor, which are linked by a long-term contract, such as a rent contract or an employment contract.