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07:49 Mar 6, 2002
English to German translations [PRO]
Bus/Financial / agency agreement b/w banks
English term or phrase: Phrase
If any direct owner is majority-owned by another person,>>> or a chain of majority-owned persons
Pegmoe
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Summary of answers provided
4Mehrheits-SchachtelbeteiligungenTradutore
2Attempt...
Ralf Lemster
1Note to potential answerers
Ralf Lemster


Discussion entries: 1





  

Answers


2 hrs   confidence: Answerer confidence 1/5Answerer confidence 1/5
Note to potential answerers


Explanation:
The asker had technical problems in adding a note, and has contacted me privately. Here's the additional info:

"Person is defined as legal entity, yes: any individual, bank, corporation, partnership, limited liability company or any other legal entity."



Ralf Lemster
Germany
Local time: 02:16
Native speaker of: German
PRO pts in pair: 4899
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2 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5
Attempt...


Explanation:
Here's how I would approach this - obviously, given the lack of context, I might be missing out something vital; I therefore strongly suggest to get this checked by a competent lawyer.

"Im Falle eines Direkteigentümers, der sich im Mehrheitsbesitz einer anderen juristischen Person befindet (dies gilt auch bei mehrfach verschachtelten Mehrheits-Besitzverhältnissen), gilt jede juristische Person, die direkt oder indirekt am Direkteigentümer beteiligt ist, sich selbst jedoch nicht im Mehrheitsbesitz einer anderen juristischen Person befindet, als indirekter Eigentümer."

Ralf Lemster
Germany
Local time: 02:16
Native speaker of: German
PRO pts in pair: 4899

Peer comments on this answer (and responses from the answerer)
neutral  wrtransco: more info needed, such as what come before, what follows, what kind of industry etc.
7 hrs
  -> ...exactly. Hence my comment...
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2 days2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
Mehrheits-Schachtelbeteiligungen


Explanation:
"chain of majority owned persons" can only refer to legal entities and corresponds to "Mehrheits-Schachtelbeteiligung".

Tradutore
Switzerland
Local time: 02:16
PRO pts in pair: 4
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