involuntary bankruptcy

A bankruptcy case commenced by the debtor’s creditors (usu. three or more), or, if the debtor is a partnership, by fewer than all the general partners. 11 USCA § 303(b).

— Also termed involuntary proceeding. [Cases: Bankruptcy 2281. C.J.S. Bankruptcy § 56.]

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词条贡献者

译者Henry，毕业于世界顶级翻译学院，擅长翻译各种与企业管治相关的法律文件。