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mangels kostendeckenden Vermögens

English translation: for lack of sufficient assets to cover the costs of insolvency proceedings

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08:06 Dec 18, 2011

German to English translations [PRO]
Bus/Financial - Finance (general)

German term or phrase: mangels kostendeckenden Vermögens

Nachweis, dass gegen das Unternehmen kein Insolvenzverfahren eingeleitet oder nicht die Eröffnung eines Insolvenzverfahrens mangels kostendeckenden Vermögens abgewiesen wurde,

Tjasa Kuerpick KudoZ activity Questions: 243 (6 open) (5 without valid answers) (15 closed without grading) Answers: 444 Slovenia
Local time: 00:49

English translation:for lack of sufficient assets to cover the costs of insolvency proceedings

Explanation:
proof that no insolvency proceedings have been opened over the company's assets or any petition for insolvency rejected ... (siehe oben)

Selected response from:

Michael Kucharski
Local time: 00:49

Grading comment

Danke
4 KudoZ points were awarded for this answer

Summary of answers provided

4 +1

for lack of sufficient assets to cover the costs of insolvency proceedings

Michael Kucharski

due to insufficient collateral

Nicole Schnell

due to lack of costcovering property

Emily Weidmann

due to lack of assets / insufficient assets

EdithK

Answers

31 mins confidence:

mangels kostendeckenden vermögens due to lack of assets / insufficient assets

Explanation:
to cover costs

not really enough context to be sure ....

I would not say things like "cost-covering"

EdithK
Local time: 00:49
Native speaker of:

German,

English
PRO pts in category: 185

Notes to answerer

Asker: Es geht lediglich um eine von vielen geforderten Bescheinigungen bei einer Ausschreibung eines österreichischen Unternehmens. Mehr Kontext dazu gibt es nicht.

49 mins confidence:

peer agreement (net): +1

mangels kostendeckenden vermögens

for lack of sufficient assets to cover the costs of insolvency proceedings

Explanation:
proof that no insolvency proceedings have been opened over the company's assets or any petition for insolvency rejected ... (siehe oben)

Michael Kucharski
Local time: 00:49
Specializes in field
Native speaker of:

German
PRO pts in category: 16

Grading comment

Danke

9 hrs confidence:

due to lack of costcovering property

Explanation:
property that doesn't cover the cost

Example sentence(s):

Due to the lack of costcovering property they had to sell the house.

Reference: http://www.linguee.com

Emily Weidmann
Specializes in field
Native speaker of:

German

21 hrs confidence:

due to insufficient collateral

Explanation:
As in:
"A common trend among the firms is that credit applications are rejected mostly due to insufficient collateral, i.e. unacceptable or unsuitable collateral."
http://rru.worldbank.org/Toolkits/Collateral/

Nicole Schnell
United States
Local time: 15:49
Native speaker of:

German
PRO pts in category: 40

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Changes made by editors

Dec 18, 2011 - Changes made by Steffen Walter:
Field (specific)	Business/Commerce (general) => Finance (general)
Dec 18, 2011 - Changes made by writeaway:
Language pair	English to German => German to English

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mangels kostendeckenden Vermögens

English translation: for lack of sufficient assets to cover the costs of insolvency proceedings

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mangels kostendeckenden Vermögens

English translation: for lack of sufficient assets to cover the costs of insolvency proceedings

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KudoZ™ translation helpThe KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

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The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.