TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 DEF

Risk that results from an event occurring outside a country or from a decision by foreign officials which prevents or delays the transfer of funds to a local bank by a debtor.  2, record 1, English, - transfer%20risk

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 DEF

Risque qui résulte d'un événement survenu à l'extérieur du pays ou d'une décision des autorités étrangères empêchant ou retardant le transfert des fonds versés par le débiteur dans une banque locale.  2, record 1, French, - risque%20de%20non%2Dtransfert

Record number: 1, Textual support number: 1 OBS

risque de transfert : Fonds monétaire international.  2, record 1, French, - risque%20de%20non%2Dtransfert

Record 1,  Textual support,  Spanish

Record number: 1, Textual support number: 1 DEF

Riesgo que resulta de un acontecimiento acaecido en el extranjero o de una decisión de las autoridades extranjeras que impiden o retardan la transferencia de fondos entregados por la parte deudora en un banco local.  1, record 1, Spanish, - riesgo%20de%20no%20transferencia

Record number: 1, Textual support number: 1 OBS

riesgo de transferencia: Fondo Monetario Internacional.  1, record 1, Spanish, - riesgo%20de%20no%20transferencia

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 OBS

Adopted by UNCITRAL [United Nations Commission on International Trade Law] on 30 May 1997, the Model Law is designed to assist States to equip their insolvency laws with a modern, harmonized and fair framework to address more effectively instances of cross-border insolvency. Those instances include cases where the insolvent debtor has assets in more than one State or where some of the creditors of the debtor are not from the State where the insolvency proceeding is taking place. The Model Law respects the differences among national procedural laws and does not attempt a substantive unification of insolvency law. It offers solutions that help in several significant ways, including :foreign assistance for an insolvency proceeding taking place in the enacting State; foreign representative's access to courts of the enacting State; recognition of foreign proceedings; cross-border cooperation; and coordination of concurrent proceedings.  2, record 2, English, - UNCITRAL%20Model%20Law%20on%20Cross%2DBorder%20Insolvency

Record number: 2, Textual support number: 2 OBS

UNCITRAL: United Nations Commission on International Trade Law.  3, record 2, English, - UNCITRAL%20Model%20Law%20on%20Cross%2DBorder%20Insolvency

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 OBS

Adoptée par la CNUDCI [Commission des Nations Unies pour le droit commercial international] le 30 mai 1997, la Loi type a pour objectif d'aider les États à donner à leur législation sur l'insolvabilité un cadre moderne, harmonisé et équitable, en vue de traiter plus efficacement les cas d'insolvabilité internationale, c'est-à-dire les cas où le débiteur insolvable dispose de biens dans plus d'un État ou lorsque certains des créanciers du débiteur ne sont pas de l'État où la procédure d'insolvabilité a été ouverte. La Loi type respecte les différences entre les règles de procédure nationales et ne tente pas d'unifier quant au fond les législations sur l'insolvabilité. Elle offre des solutions qui peuvent être utiles à plusieurs titres importants : assistance étrangère pour les procédures d'insolvabilité ouvertes dans l'État adoptant; accès du représentant étranger aux tribunaux de l'État adoptant; reconnaissance des procédures étrangères; coopération internationale et coordination des procédures concurrentes.  2, record 2, French, - Loi%20type%20de%20la%20CNUDCI%20sur%20l%27insolvabilit%C3%A9%20internationale

Record number: 2, Textual support number: 2 OBS

CNUDCI : Commission des Nations Unies pour le droit commercial international.  3, record 2, French, - Loi%20type%20de%20la%20CNUDCI%20sur%20l%27insolvabilit%C3%A9%20internationale

Record 2,  Textual support,  Spanish

Record number: 2, Textual support number: 1 OBS

Fecha de aprobación: 30 de mayo de 1997. [...] La Ley Modelo tiene por objeto ayudar a los Estados a dotar a sus respectivos regímenes de la insolvencia de un marco legislativo moderno para resolver con mayor eficacia los casos de insolvencia transfronteriza en que el deudor se encuentre en una situación financiera muy precaria o sea insolvente. Su principal función es autorizar y alentar la cooperación y la coordinación entre jurisdicciones en lugar de promover la unificación del derecho sustantivo en materia de insolvencia, y respeta las diferencias entre los diferentes derechos procesales de cada país.  1, record 2, Spanish, - Ley%20Modelo%20de%20la%20CNUDMI%20sobre%20la%20Insolvencia%20Transfronteriza

Record number: 2, Textual support number: 2 OBS

CNUDMI: Comisión de las Naciones Unidas para el Derecho Mercantil Internacional.  2, record 2, Spanish, - Ley%20Modelo%20de%20la%20CNUDMI%20sobre%20la%20Insolvencia%20Transfronteriza

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 DEF

An operation whereby, when a domestic debtor repays a foreign debt, the funds are relent by the foreign creditor to a second debtor within the same country.  1, record 3, English, - relending

Record 3,  Textual support,  French

Record 3,  Textual support,  Spanish

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 DEF

Repurchase by a debtor country of all or a portion of its foreign debt at a discount.  2, record 4, English, - debt%20buyback

Record number: 4, Textual support number: 1 CONT

One drawback of both debt buyback and collateralized bonds is that the debtor country must have funds or reserves available ... Debt buybacks also require a waiver of some conditions under loan agreements and warrant careful consideration of how to avoid the moral hazard problem.  3, record 4, English, - debt%20buyback

Record 4,  Textual support,  French

Record 4,  Textual support,  Spanish