orden, división y excusión
English translation: order, division and excussion
| 04:43 Nov 5, 2001 |
| Spanish to English translations [PRO] Bus/Financial | |||||||
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|  Selected response from: Irene Cudich Local time: 18:14 | ||||||
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| Summary of answers provided | ||||
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| 5 +1 | Benefiit of priority / Right of surety / Right of division |
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| 5 | order, division and excussion |
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| 4 | benefits of priority, division and discussion |
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| 2 | distribution and excussion |
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Answers
24 mins confidence: 
distribution and excussion Explanation: According to Cabanellas & Hoague: división = division, distribution, partition excusión = excussio; right to require a creditor to exhaust all remedies against a debtor before proceeding against the guarantor. So you could try something like this: "... stipulating therein that the former shareholders ... surrender their rights to distribution and excussion" However, a note of caution: the OED defines excussion as: Seizure of goods for debt, etc., which is not exactly the same, as far as I can tell! Cabanellas & Hoague: Diccionario jur�dico espa�ol ingl�s; pub. Butterworths |
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58 mins confidence:
order, division and excussion Explanation: Según mis diccionarios legales. Suerte!! Mu�iz Castro Dict. |
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1 hr confidence: peer agreement (net): +1
peer agreement (net): +1Benefiit of priority / Right of surety / Right of division Explanation: Beneficio de orden - benefit of priority Beneficio de excusión - right of surety (to force a creditor to make use of legal remedies against the principal debtor before having recourse against surety) Beneficio de división - RIGHT OF DIVISION, Scottish law. The right which each of several cautioners (sureties) has to refuse to answer for more than his own share of the debt. To entitle the cautioner to this right, the other cautioners must be solvent, and there must be no words in the bond to exclude it. 1 Bell's Com. 347, 5th ed. Resources: Diccionario de Términos Jurídicos and http://www.jusbelli.com/bouvier/bouvier1856r/bouvier1856_rig... |
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1 hr confidence:
benefits of priority, division and discussion Explanation: beneficio de orden = benefit of priority (Alcaraz Law Dic) beneficio de división = benefit of division - not in dics, but found references beneficio de excusión = benefit of discussion from the Proz glossary!! + found references A. The surety is liable without benefit of discussion or division. http://www.kwik-net.com/law-la.htm Reference: http://www.proz.com/?sp=h&eid_c=21787&id=26508&keyword=excus... |
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