Insolvency estate (active)
All assets, rights and actions of the debtor at the date of insolvency declaration, plus those acquired until the proceedings close. The insolvency administrator manages and realises the active estate to pay creditors.
Related resources
Other Commercial law terms
Universal judicial proceeding to resolve a debtor's insolvency, balancing the interests of all creditors. May end in a payment agreement or asset liquidation.
Commercial corporate form where capital is divided into shares and partners' liability is limited to contributed capital. Most common form in Spain for SMEs.
Commercial corporate form with capital divided into freely transferable shares. Minimum capital: EUR 60,000, at least 25% paid up. Mandatory for listed companies, banks and insurers.
Distinctive sign identifying products or services in the market. Registered with OEPM (Spain) or EUIPO (EU). Protection for 10 renewable years. Grants exclusive use rights and infringement prosecution.
Lexiel searches case law on this term and drafts documents with verified citations.
Try free