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  3. Law: Contract(s)

Alleingesellschafter

English translation: sole partner / associate / shareholder or stockholder s.u.

08:06 Feb 19, 2007
German to English translations [PRO]
Law/Patents - Law: Contract(s)
German term or phrase: Alleingesellschafter
Der vorliegende Vertrag wird gemäß dem Beschluss des Alleingesellschafters vom DATUM und der Satzung der Gesellschaft unbeschränkt abgeschlossen.
martina1974
Austria
Local time: 22:17
English translation:sole partner / associate / shareholder or stockholder s.u.
Explanation:
In the case of a PERSONENGESELLSCHAFT it is a *partner*
if in the sense of a TEILHABER - it is an *associate* and if in the sense of a KAPITALGESELLSCHAFT - it is a *shareholder* (British) and *stockholder* (US).

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Note added at 58 mins (2007-02-19 09:04:07 GMT)
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The LLC is treated as a "partnership" according to Dietl. It is a legal person whereby the liability of the shareholders is restricted to the company's assets. In this case *sole partner* would apply - in my opinion. Please ask Steffen to confirm this.
Selected response from:

Camilla Seifert
South Africa
Local time: 22:17
Grading comment
Thanks a lot!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3sole partner / associate / shareholder or stockholder s.u.
Camilla Seifert


Discussion entries: 5





  

Answers


15 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
sole partner / associate / shareholder or stockholder s.u.


Explanation:
In the case of a PERSONENGESELLSCHAFT it is a *partner*
if in the sense of a TEILHABER - it is an *associate* and if in the sense of a KAPITALGESELLSCHAFT - it is a *shareholder* (British) and *stockholder* (US).

--------------------------------------------------
Note added at 58 mins (2007-02-19 09:04:07 GMT)
--------------------------------------------------

The LLC is treated as a "partnership" according to Dietl. It is a legal person whereby the liability of the shareholders is restricted to the company's assets. In this case *sole partner* would apply - in my opinion. Please ask Steffen to confirm this.

Camilla Seifert
South Africa
Local time: 22:17
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 86
Grading comment
Thanks a lot!

Peer comments on this answer (and responses from the answerer)
agree  Steffen Walter: Yes, useful distinction. Asker should provide legal form of co. / If the "LLC" is in fact a German/Austrian? GmbH, both "shareholder" and "partner" may be used. In the published translation of the German "GmbH-Gesetz", the term "shareholder(s)" is used.
24 mins
agree  Alison Schwitzgebel
43 mins
neutral  Sebastian Witte: The "GmbH" is a Kapitalgesellschaft. A partnership is definitely a Personengesellschaft. The Gesellschafter of a Kapitalgesellschaft is called shareholder (according to Zahn). "Sole shareholder" is the correct translation.
1 hr
agree  conny: sole shareholder
5 hrs
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