No. 7,505 in German
gläubigerausschuss
A "gläubigerausschuss" is a creditors' committee in insolvency proceedings.
In a sentence
Der Gläubigerausschuss berät über die weitere Vorgehensweise im Insolvenzverfahren.
The creditors' committee is consulting on the further course of action in the insolvency proceedings.
Used as a noun referring to the group formed for consultation in bankruptcy processes.
Im Handelsrecht spielt der Gläubigerausschuss eine wichtige Rolle.
In commercial law, the creditors' committee plays an important role.
Used as a key entity associated with legal procedures in business contexts.
Das Regierungsdokument schlägt neue Richtlinien für Gläubigerausschüsse vor.
The government document proposes new guidelines for creditors' committees.
Used to denote multiple committees in a general context, demonstrating the plural form.
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