hubiese subordinado

si WAK no hubiese subordinado y condonado sus deudas y los pagos de intereses, GfW tendría que haber solicitado la insolvencia y habría sido liquidada.
If WAK had not subordinated and waived its claims and interest payments GfW would have had to apply for insolvency and GfW would have been wound up.
Asimismo, se convino en que WAK renunciaría a un importe idéntico al de las deudas que hubiese subordinado, en caso de ser necesario posteriormente para evitar el procedimiento de insolvencia.
It was also agreed that WAK would, if it would prove necessary at a later stage to avoid insolvency proceedings, waive the same amount of claims as it had subordinated.
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