06:21 May 19, 2002 |
German to English translations [PRO] Law/Patents - Law: Contract(s) | |||||||
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| Selected response from: Beate Lutzebaeck New Zealand Local time: 21:00 | ||||||
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Summary of answers provided | ||||
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4 | See suggested translation: |
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2 | Concession |
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Concession Explanation: "Bindung" of course suggests binding, or obligation. But here it is a question of "determination of facts". In English legal language you "concede" a fact, and I think that the meaning here is that whatever happpens in the arbitration, the company has not conceded any facts. |
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See suggested translation: Explanation: ... that the arbitrators shall be neutral, the arbitration shall not result in the parties being bound to the finding of facts, and that recourse to the court of ordinary jurisdiction agreed upon as legal venue in the present contract shall be available without prior performance of arbitration proceedings being necessary. It would have been helpful to see the entire sentence - I'm assuming that this arbitration clause starts with s.th. along the lines of "Die Parteien vereinbaren, dass" = The parties agree that ... I'm also assuming that this clause does not refer to employment law conflicts, in which case Schlichtung would have to be translated as "conciliation" or "mediation". Background: The parties are reserving the right to seek recourse to an ordinary court of law, whether or not they first went through arbitation. In case they had gone through arbitration before applying to a court of law, they want to make sure that they are not bound by whatever findings of fact the arbitrators came up with. Of course, a court of law would not be bound by the findings of arbitrators, but the arbitrators' findings of fact may be introduced as evidence, such as admissions / concessions made by one party during the arbitration proceedings. Evidently, the parties don't want to be bound by any such admissions / concessions and therefore exclude any binding effect of the facts established in arbitration. Dietl/Lorenz, Legal dico |
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