Glossary entry (derived from question below)
English term or phrase:
company voluntary arrangement (or company voluntary arrangement moratorium)
Polish translation:
dobrowolny układ spółki z wierzycielami (lub moratorium [na długi] przed zawarciem układu z wierzycielami)
Added to glossary by
mike23
Nov 13, 2020 16:37
3 yrs ago
171 viewers *
English term
United Kingdom
EN>PL translator, MCIL DipTrans(IoLET)
Native in: Polish 
Works in: English to Polish, Polish to English
company voluntary arrangement (or company voluntary arrangement moratorium)
English to Polish
Law/Patents
Business/Commerce (general)
As far as the Registrar is aware, the company is not currently subject to one or more of the following: liquidation, company voluntary arrangement (or company voluntary arrangement moratorium), administration, moratorium or has a receiver or manager appointed.
Proposed translations
(Polish)
| 2 +2 | dobrowolny układ spółki z wierzycielami (lub moratorium na długi przed zawarciem układu spółki z wie |
mike23
|
| 3 +1 | dobrowolne porozumienie firmy (ang. CVA) |
Frank Szmulowicz, Ph. D.
|
Change log
Apr 18, 2021 07:40: mike23 Created KOG entry
Proposed translations
+2
1 day 21 hrs
Selected
dobrowolny układ spółki z wierzycielami (lub moratorium na długi przed zawarciem układu spółki z wie
dobrowolny układ spółki z wierzycielami - company voluntary arrangement
(lub moratorium [na długi] przed zawarciem/w oczekiwaniu zawarcia przez spółkę układu z wierzycielami) - (or company voluntary arrangement moratorium)
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The Reforms of the Act
Optional Moratorium
Under the reforms introduced by the Act, an eligible company wishing to propose a Company Voluntary Arrangement will be able to benefit from a 28 day moratorium, while it puts together the CVA. Many of the features of the moratorium are similar to those which apply while a company is in administration. With creditor consent the moratorium can be extended by up to two more months.
Eligible Companies
The moratorium is only available to small companies as defined by section 247(3) of the Companies Act.
Section 247(3) defines a small company as a company which satisfies two or more of the following criteria:
turnover of not more than £2.8m;
balance sheet asset total of not more than £1.4m; or
not more than 50 employees.
Note that the definition looks at the company’s historic accounts. It may be that a newly formed company with no previous accounts may constitute a small company.
https://www.gibsonhewitt.co.uk/moratorium-guidelines/
https://library.croneri.co.uk/cch_uk/col/ca85-co-s-247
Company Voluntary Arrangement Moratorium
A CVA moratorium protects companies from any legal action being taken against them by creditors. This allows the company’s director’s time to prepare a CVA proposal and hold a creditor’s meeting so that creditors can vote to accept or decline the rescue plan.
A moratorium will only be granted if the company can prove that it has a realistic expectation of being able to put a CVA or other rescue package in place. The moratorium is intended to provide breathing space so the company can implement the rescue plan. This process is rarely used.
https://www.wilsonfield.co.uk/glossary/
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Note added at 1 day 22 hrs (2020-11-15 14:38:00 GMT)
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Druga część pytania: (or company voluntary arrangement moratorium)
(lub moratorium [na długi] przed zawarciem/w oczekiwaniu zawarcia przez spółkę układu z wierzycielami)
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Note added at 148 days (2021-04-11 14:10:21 GMT)
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Układ w upadłości/restrukturyzacji
http://www.adwokat-swiader.pl/restrukturyzacja-prawnik/uklad...
http://doradcarestrukturyzacyjny.info/uklad-w-upadlosci/
https://sip.lex.pl/akty-prawne/dzu-dziennik-ustaw/prawo-rest...
https://sip.lex.pl/akty-prawne/dzu-dziennik-ustaw/prawo-upad...
(lub moratorium [na długi] przed zawarciem/w oczekiwaniu zawarcia przez spółkę układu z wierzycielami) - (or company voluntary arrangement moratorium)
---
The Reforms of the Act
Optional Moratorium
Under the reforms introduced by the Act, an eligible company wishing to propose a Company Voluntary Arrangement will be able to benefit from a 28 day moratorium, while it puts together the CVA. Many of the features of the moratorium are similar to those which apply while a company is in administration. With creditor consent the moratorium can be extended by up to two more months.
Eligible Companies
The moratorium is only available to small companies as defined by section 247(3) of the Companies Act.
Section 247(3) defines a small company as a company which satisfies two or more of the following criteria:
turnover of not more than £2.8m;
balance sheet asset total of not more than £1.4m; or
not more than 50 employees.
Note that the definition looks at the company’s historic accounts. It may be that a newly formed company with no previous accounts may constitute a small company.
https://www.gibsonhewitt.co.uk/moratorium-guidelines/
https://library.croneri.co.uk/cch_uk/col/ca85-co-s-247
Company Voluntary Arrangement Moratorium
A CVA moratorium protects companies from any legal action being taken against them by creditors. This allows the company’s director’s time to prepare a CVA proposal and hold a creditor’s meeting so that creditors can vote to accept or decline the rescue plan.
A moratorium will only be granted if the company can prove that it has a realistic expectation of being able to put a CVA or other rescue package in place. The moratorium is intended to provide breathing space so the company can implement the rescue plan. This process is rarely used.
https://www.wilsonfield.co.uk/glossary/
--------------------------------------------------
Note added at 1 day 22 hrs (2020-11-15 14:38:00 GMT)
--------------------------------------------------
Druga część pytania: (or company voluntary arrangement moratorium)
(lub moratorium [na długi] przed zawarciem/w oczekiwaniu zawarcia przez spółkę układu z wierzycielami)
--------------------------------------------------
Note added at 148 days (2021-04-11 14:10:21 GMT)
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Układ w upadłości/restrukturyzacji
http://www.adwokat-swiader.pl/restrukturyzacja-prawnik/uklad...
http://doradcarestrukturyzacyjny.info/uklad-w-upadlosci/
https://sip.lex.pl/akty-prawne/dzu-dziennik-ustaw/prawo-rest...
https://sip.lex.pl/akty-prawne/dzu-dziennik-ustaw/prawo-upad...
Peer comment(s):
| agree |
Frank Szmulowicz, Ph. D.
: Dobra robota.
8 mins
|
|
Dziękuję Frank. Pozdrawiam.
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| agree |
KORNELIA ZWIÓR-HOŁENKO
: układ (na stronach sądów i portalach prawniczych jest układ, choć w guglu ilościowo lekko przeważa porozumienie)
146 days
|
|
W przepisach np. prawo restrukturyzacyjne czy prawo upadłościowe, mówią o układzie, który można zawarzeć. Dziękuję za wsparcie.
|
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
+1
2 hrs
Frank Szmulowicz, Ph. D.
United States
United States
Native in English
&
Polish
Specializes in field
United States
On time, on target, on budget.
Native in: English 
, Polish
Works in: Polish to English, English to Polish, Russian to Polish, and 1 more.
Related KudoZ points
:
958
dobrowolne porozumienie firmy (ang. CVA)
CVA (dobrowolne porozumienie firmy) jest to procedura, która pozwala firmie na uregulowanie długów poprzez spłatę tylko części kwoty, którą jest winien wierzycielom. CVA jest prawnie wiążącą umową między firmą a jej wierzycielami regulowana prawem z roku 1986.
Peer comment(s):
| agree |
mike23
: Jasne. To co w nawiasie właściwie powinno być w innym pytaniu.
1 day 19 hrs
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Dziękuję Michale. Tak, to powinno być osobnym pytaniem.
|
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| neutral |
KORNELIA ZWIÓR-HOŁENKO
: "spółki", nie "firmy"
148 days
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Dziękuję Kornelio. Masz rację.
|
Discussion
A CVA moratorium protects companies from any legal action being taken against them by creditors. This allows the company’s director’s time to prepare a CVA proposal and hold a creditor’s meeting so that creditors can vote to accept or decline the rescue plan.
A moratorium will only be granted if the company can prove that it has a realistic expectation of being able to put a CVA or other rescue package in place. The moratorium is intended to provide breathing space so the company can implement the rescue plan. This process is rarely used.
https://www.wilsonfield.co.uk/glossary/
https://www.legislation.gov.uk/ukpga/2000/39/schedule/1
...
Wsparcie to może przyjąć postać moratorium jak w prawie angielskim , które stanowi skuteczną ochronę przed wierzycielami i pozwala „stanąć na nogi” zadłużonej spółce.
http://www.pte.pl/pliki/2/1/analiza.docx
https://www.investopedia.com/terms/m/moratorium.asp
Sąd w przypadku, gdy strony nie są w stanie dojść do porozumienia, pełni rolę rozjemczą.
https://www.proz.com/kudoz/english-to-polish/law-general/589...
https://www.proz.com/kudoz/english-to-polish/finance-general...
Company Voluntary Arrangement: Moratorium
The legislation makes it easier for a small company in financial difficulty to make a voluntary arrangement with its creditors by protecting the company from its creditors, by way of a short moratorium, to give the firm's directors time to put a rescue plan to creditors.
The directors may obtain a moratorium for the company where they intend to propose a Company Voluntary Arrangement ("CVA") to the company's creditors. The moratorium is not available otherwise.
https://www.goreco.com/company-voluntary-arrangement-morator...
https://www.gibsonhewitt.co.uk/moratorium-guidelines/