German: InsolvenzmasseEnglish translation: ...fund assets are not available for distribution to the creditors 
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| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | | German term or phrase: | ...darf das Fondsvermögen nicht der Insolvenzmasse zugeschlagen werden | | English translation: | ...fund assets are not available for distribution to the creditors | | Entered by: | Johanna Timm, PhD |
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German to English translations [PRO]
Bus/Financial - Finance (general) | | German term or phrase: Insolvenzmasse | | Im Insolvenzfall....darf das Fondsvermögen nicht der Insolvenzmasse zugeschlagen werden. |
| | | are not available for distribution to the creditors | Explanation:
This is presumably because the assets in the fund are protected as a proprietary interest, i.e. held on trust for the investors.
Creditors who have personal contractual claims against the company could not claim the assets in the fund because they are the property of the investors.
In a personal bankruptcy this is known as the bankrupt's estate. |
| Selected response from:
Anne Gillard-Groddeck
Germany
| Note from asker to answerer| 4 KudoZ points were awarded for this answer |
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5 mins confidence:   |
17 mins confidence: |
| debtor's assets under supervision
Explanation:
...in administration (in the UK, I believe)
Mr. Barrister, please confirm
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Note added at 2004-02-09 12:11:57 (GMT)
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or ...under court supervision
|  gangels
United States
Specializes in field
Native speaker of:  English, German
PRO pts in category: 168
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26 mins confidence: |
28 mins confidence: peer agreement (net): +1 |
| are not available for distribution to the creditors
Explanation:
This is presumably because the assets in the fund are protected as a proprietary interest, i.e. held on trust for the investors.
Creditors who have personal contractual claims against the company could not claim the assets in the fund because they are the property of the investors.
In a personal bankruptcy this is known as the bankrupt's estate.
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1 hr confidence: |
| insolvency assets
Explanation:
Since there is a term for German "Konkursmasse" -> bankruptcy assets (ref: LEO) I would choose the simliar term for the case of insolvency.
| Tatjana Dujmic
Germany
Specializes in field
Native speaker of:  German
PRO pts in category: 7
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6 hrs confidence: |
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The translation workplace 
