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with authority to so determine

Spanish translation: facultado para tal fin

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

English term or phrase:	with authority to so determine
Spanish translation:	facultado para tal fin
Entered by:	Martha CF

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09:55 Feb 10, 2012

English to Spanish translations [PRO]
Bus/Financial - Law: Contract(s) / Licence Agreement

English term or phrase: with authority to so determine

if the other party has a winding up petition presented or enters into liquidation whether compulsorily or voluntarily (otherwise than for the purposes of amalgamation or reconstruction without insolvency) or makes an arrangement with its creditors or petitions for an administration order or has a receiver, administrator or manager appointed over any of its assets, or a court or arbiter with authority to so determine, determines that the debtor is unable to pay its debts or any other similar process in any relevant jurisdiction which has a similar or analogous effect; or (d) if the other party fails to make payment when it falls due

Martha CF KudoZ activity Questions: 137 (2 open) (3 without valid answers) (8 closed without grading) Answers: 150
Local time: 11:58

facultado para tal fin

Explanation:
Se refiere a la facultad del tribunal o del árbitro de determinar que el deudor es incapaz de pagar sus deudas. Con un poco más de contexto, la traducción sería:

...o un tribunal o árbitro, facultado para tal fin, determina que el deudor es incapaz de pagar sus deudas...