Русско-англо-русский юридический словарь

This is probably the first judicial decision in Japan that provides an analysis of the legal nature of bitcoins and the status of a bitcoin depositor in insolvency proceedings. (coindesk.com)

In Sweden, bankruptcy (Swedish: konkurs) is a formal process that may involve a company or individual. It is not the same as insolvency, which is inability to pay debts that should have been paid. A creditor or the company itself can apply for bankruptcy. An external bankruptcy manager will take over the company or the assets of the person, trying to sell as much as possible. A person or a company in bankruptcy can not access its assets (with some exceptions). (Wikipedia)

A creditors meeting is a standard part of the insolvency process during which the administrator lays out what steps have been taken so far and presents proposals for the future conduct of the administration. (BBC News)

Foreign proceeding means “a collective judicial or administrative proceeding in a foreign country, including an interim proceeding, under a law relating to insolvency or adjustment of debt in which proceeding the assets and affairs of the debtor are subject to control or supervision by a foreign court, for the purpose of reorganization or liquidation.” (USLegal)