arrangement with creditorsglossary / ARRANGEMENT WITH CREDITORS arrangement with creditors. Bankruptcy. A debtor’s agreement with creditors for the settlement, satisfaction, or extension of time for payment of debts. See BANKRUPTCY PLAN. [Cases: Bankruptcy 3661.100–3661.115.] 词条贡献者 法律翻译Carl,知名法学院法律英语专业,专注翻译各类与复杂商业纠纷有关的法律文件。
arrangement with creditors ARRANGEMENT WITH CREDITORS, 与债权人和解 arrangement with creditors (破产法)与债权人和解 指债务人与债权人就债务的和解〔settlement〕、清偿〔satisfaction〕或延期偿付〔extension〕达成协议。如美国联邦《破产法典》〔Bankruptcy Code〕第11章规定,在法院的保护和监督下,经济陷入困境的企业可以根据重整计划与债权人达成协议,允许其继续营业,而不是马上破产。