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Sonderrechtsnachfolge

English translation: special succession

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21:30 Jan 9, 2008
German to English translations [PRO]
Law/Patents - Finance (general)
German term or phrase: Sonderrechtsnachfolge
Currency conversion: Nach Erhöhung der Einlage im Wege der Sonderrechtsnachfolge um EUR XXX geändert...
Veronika McLaren
Local time: 01:38
English translation:special succession
Explanation:
Willy Paul Albrecht and Petra Albrecht-Arnold hereby transfer their
interests in W. Albrecht GmbH u. Co KG and all of their partners' loans and accounts with W. Albrecht GmbH u. Co. KG to Buyer by way of special succession (Sonderrechtsnachfolge), who accepts such transfer. Internally, such transfer shall become effective as of the Takeover Date, externally, the transfer shall become effective only upon entry of the Buyer as a limited partner by way of special succession (im Wege der
Sonderrechtsnachfolge) in the Commercial Register. Sellers shall fully
cooperate with Buyer in any filing with the Commercial Register to be
effected only after Closing.

http://www.secinfo.com/dsvrt.925h.d.htm

By way of singular succession
http://www.proz.com/kudoz/1083628
Selected response from:

Kim Metzger
Mexico
Local time: 00:38
Grading comment
Thank you very much, K.M. to the rescue, as so often!
4 KudoZ points were awarded for this answer

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Summary of answers provided
3special succession
Kim Metzger


  

Answers


6 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
special succession


Explanation:
Willy Paul Albrecht and Petra Albrecht-Arnold hereby transfer their
interests in W. Albrecht GmbH u. Co KG and all of their partners' loans and accounts with W. Albrecht GmbH u. Co. KG to Buyer by way of special succession (Sonderrechtsnachfolge), who accepts such transfer. Internally, such transfer shall become effective as of the Takeover Date, externally, the transfer shall become effective only upon entry of the Buyer as a limited partner by way of special succession (im Wege der
Sonderrechtsnachfolge) in the Commercial Register. Sellers shall fully
cooperate with Buyer in any filing with the Commercial Register to be
effected only after Closing.

http://www.secinfo.com/dsvrt.925h.d.htm

By way of singular succession
http://www.proz.com/kudoz/1083628


Kim Metzger
Mexico
Local time: 00:38
Native speaker of: Native in EnglishEnglish
PRO pts in category: 438
Grading comment
Thank you very much, K.M. to the rescue, as so often!
Login to enter a peer comment (or grade)




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Changes made by editors
Jan 10, 2008 - Changes made by Steffen Walter:
FieldBus/Financial » Law/Patents


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