Concept selected: Bankruptcy proceedings
Definition
This is the situation dictated by a judge, and at which a company arrives when it is unable to pay its debts, whether temporarily or irreversibly. In these proceedings, the objective is to satisfy the company debts to the creditors thereof, in an orderly and fair way.
Source
Surveys Mercantile Companies and Bankruptcy Proceedings
Topic
Statistical operations
(enlaces al Inventario de Operaciones Estadísticas)
Concepts associated