When a corporation is in the case of insolvency, the relative seniority of debt and managerial compensation has important implications for the design of remuneration contracts.
对于负债公司,债务索取与薪酬索取的不同优先权对合理设计经理激励契约有重要的意义。
At present, in the course of dealing with assets, China's assets Management corporation has applied debt to equity swap as a major pattern.
当前,我国资产管理公司在处置资产的过程中,已经将债转股作为一种主要的资产处置方式。
If a subscriber defaults in payment of money or property under a subscription agreement entered into before incorporation, the corporation may collect the amount owed as any other debt.
如果一个认股人没有履行依据公司成立前的认股协议所规定的支付义务,那么,公司可以像对待其他债务一样收取认股人所欠的全部金额。
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