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Investment / Securities

agissant ensemble, sans solidarité

13:45 Sep 15, 2017

This question was closed without grading. Reason: Other

French to English translations [PRO]
Bus/Financial - Investment / Securities / Shareholders\' agreement

French term or phrase: agissant ensemble, sans solidarité

In a shareholders' agreement
after listing the parties, its says agissant ensemble sans solidarité

I want to say 'acting together severally but not jointly'
the non legalese version of jointly is together, so it won't work..

Jackie Doble KudoZ activity Questions: 36 (none open) (9 closed without grading) Answers: 31 France
Local time: 18:24

Summary of answers provided

3 -1

acting together with no joint liability

Francois Boye

Discussion entries: 7

Jackie Doble

France

ASKER

Answer: Severally but not jointly

16:41 Sep 21, 2017

To IanDhu, my understanding of jointly, is that everyone is liable together (or must make decisions together, whereas if they are jointly and severally liable, they may either be liable as a group or be individually liable... So the reverse of what you are saying. I agree with Rob Grayson, and that is the answer I used, but as Rob did not submit an answer, I can do no more than close the question without grading. Thanks for all your input

IanDhu

France

Jointly but not severally

15:59 Sep 21, 2017

i.e. each individual debtor is not liable for the whole amount, but each is liable for the portion of the debt or obligation that concerns itself, [i]pace[/i] Rob Grayson.

Nikki Scott-Despaigne

14:34 Sep 15, 2017

Just a word to say that as it stands, "sans qu'il puisse exister entre eux une quelconque solidarité" does not suggest any possibility of choice, but rather an indication that it is a condition. I am not sure that "do not accept any joint liability" puts quite the right tone on this.

Jackie Doble

France

ASKER

14:16 Sep 15, 2017

Fair enough!

Rob Grayson

United Kingdom

But…

14:01 Sep 15, 2017

…it IS legalese, so I don't think it's helpful to try to take it out of legalese. "Severally but not jointly" is a perfectly acceptable legal description.

Jackie Doble

France

ASKER

13:59 Sep 15, 2017

Well if you take it out of legalese, and say 'acting separately but together, it sounds stupid!
I have just discovered another sentence, 'sans qu'il puisse exister entre eux une quelconque solidarité'
which I have translated: ..do not accept any joint liability...
maybe adding liability makes it clearer, so for the transition of the phrase, that would make it : acting separately without joint liability

Rob Grayson

United Kingdom

Question

13:50 Sep 15, 2017

To asker: is there a good reason why you wouldn't just say "severally but not jointly" (i.e. simply drop "together" from your own suggested translation)?

Automatic update in 00:

Answers

2 hrs confidence:

peer agreement (net): -1

acting together with no joint liability

Explanation:
My take

Francois Boye
United States
Local time: 12:24
Native speaker of:

French
PRO pts in category: 33

Peer comments on this answer (and responses from the answerer)

disagree

IanDhu: jointly, but not severally - i.e. each debtor is liable for only the portion of the debt or obligation that conerns it.

6 days

-> I don't understand your objection!

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