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conservatoir beslag op aandelen

English translation: prejudgment attachment of shares

11:10 Nov 22, 2017
Dutch to English translations [PRO]
Law/Patents - Law (general) / aandelen
Dutch term or phrase: conservatoir beslag op aandelen
Betreft: Conservatoir beslag op aandelen [naam bedrijf]
Olga Prisekina-Olrichs
Netherlands
Local time: 10:57
English translation:prejudgment attachment of shares
Explanation:
Seems OK to me.

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Note added at 18 mins (2017-11-22 11:28:03 GMT)
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see e.g.:

"Enforcement of judgements - Netherlands

[…]

Legal consequences of attachment of shares, securities and other assets

There are no specific legal consequences.

For the duration of the attachment, the voting right remains with the person against whom attachment is levied."

(http://ec.europa.eu/civiljustice/enforce_judgement/enforce_j... )

--------------------------------------------------
Note added at 20 mins (2017-11-22 11:30:12 GMT)
--------------------------------------------------

"Freeze!" Obtaining pre-judgment attachments

[…]

Pre-judgment attachments

Pre-judgment attachments are usually made to ensure recourse for claims once an enforceable judgment has been obtained by the creditor; however, they can also serve to put pressure on a debtor to enter into a settlement agreement. Pre-judgment attachments may be obtained on a wide variety of assets, including bank balances, receivables, shares, moveable goods and real estate.

In order to secure a pre-judgment attachment of assets, the creditor must obtain permission from a preliminary relief judge. This procedure is relatively simple, fast and inexpensive, and typically does not involve hearing the debtor (which would defeat the purpose, since it would give the debtor an opportunity to dispose of the assets that are to be attached)."

(https://www.akd.nl/Downloads/PublicatiesPDF-NL/24-11-2015_IL... )
Selected response from:

Michael Beijer
United Kingdom
Local time: 09:57
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2prejudgment attachment of shares
Michael Beijer
Summary of reference entries provided
aandelen are shares (any dico) and for rest:
writeaway

Discussion entries: 1





  

Answers


13 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
prejudgment attachment of shares


Explanation:
Seems OK to me.

--------------------------------------------------
Note added at 18 mins (2017-11-22 11:28:03 GMT)
--------------------------------------------------

see e.g.:

"Enforcement of judgements - Netherlands

[…]

Legal consequences of attachment of shares, securities and other assets

There are no specific legal consequences.

For the duration of the attachment, the voting right remains with the person against whom attachment is levied."

(http://ec.europa.eu/civiljustice/enforce_judgement/enforce_j... )

--------------------------------------------------
Note added at 20 mins (2017-11-22 11:30:12 GMT)
--------------------------------------------------

"Freeze!" Obtaining pre-judgment attachments

[…]

Pre-judgment attachments

Pre-judgment attachments are usually made to ensure recourse for claims once an enforceable judgment has been obtained by the creditor; however, they can also serve to put pressure on a debtor to enter into a settlement agreement. Pre-judgment attachments may be obtained on a wide variety of assets, including bank balances, receivables, shares, moveable goods and real estate.

In order to secure a pre-judgment attachment of assets, the creditor must obtain permission from a preliminary relief judge. This procedure is relatively simple, fast and inexpensive, and typically does not involve hearing the debtor (which would defeat the purpose, since it would give the debtor an opportunity to dispose of the assets that are to be attached)."

(https://www.akd.nl/Downloads/PublicatiesPDF-NL/24-11-2015_IL... )

Michael Beijer
United Kingdom
Local time: 09:57
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 133
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Textpertise: I was just about to post this answer, albeit with fewer examples.
8 mins
  -> Thanks!

agree  Kitty Brussaard
27 mins
  -> Thanks!
Login to enter a peer comment (or grade)




Reference comments


15 mins peer agreement (net): +4
Reference: aandelen are shares (any dico) and for rest:

Reference information:
Good ol' Jurlex
conservatoir beslag
prejudgment attachment
prejudgment seizure
attachment before judgment
seizure before judgment
precautionary seizure

Good ol' Fel
conservatoir beslag [conservatoire maatregel]
prejudgment attachment/seizure
attachment/seizure before judgment
protective seizure
seizure pending [or pursuant to] judicial execution
interlocutory attachment order

writeaway
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 189

Peer comments on this reference comment (and responses from the reference poster)
agree  Michael Beijer: Jazeker, mevrouw de apotheker.
6 mins
agree  Textpertise
7 mins
agree  Kitty Brussaard
31 mins
agree  Tina Vonhof
3 days 3 hrs
Login to enter a peer comment (or grade)



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