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23:41 Feb 17, 2007
English to Russian translations [PRO] Bus/Financial - Finance (general)
English term or phrase:cross contamination
Readers of this report should be informed that with regard to third parties, and in particular towards each Portfolio’s creditors, the Fund may be considered as one single legal entity. Despite the fact that legislation has been introduced in Luxemburg which the Fund has availed itself of, which is intended to eliminate the risk of cross contamination between the Portfolios, until this legislation has been tested in the competent forums, investors should consider the Fund as a whole may be responsible for all obligations, whichever Portfolio such liabilities are attributable to, except in cases where other terms have been agreed upon with specific creditors.