Domain ID
LGL_PRCDNG_STTS
Definition
Variables defined on the domain
Members
| Member ID | Name | Definition |
|---|---|---|
| 0 | Not applicable | |
| 1 | No legal actions taken | Legal actions have not been taken concerning the solvency or indebtedness of a counterparty. |
| 2 | Under judicial administration, receivership or similar measures | Any proceeding involving the intervention of a judicial body or similar aimed at reaching a refinancing agreement among the creditors, with the exception of any bankruptcy or insolvency proceedings. |
| 3 | Bankruptcy / insolvency | Collective and binding bankruptcy or insolvency proceedings under judicial control, which entail the partial or total divestment of a counterparty and the appointment of a liquidator. |
| 4 | Other legal measures | Legal measures other than those already specified including bilateral legal measures between the reporting agent and the counterparty. |