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Nachbesserung / Nachbesserungsrechte

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03:55 Nov 3, 2013
This question was closed without grading. Reason: Answer found elsewhere

German to English translations [PRO]
Bus/Financial - Investment / Securities / Investment
German term or phrase: Nachbesserung / Nachbesserungsrechte
I'm working on a document for an investment company and the term 'Nachbesserung' comes up many times in different formulations. I understand it relates to payments to minority shareholders in the event of a corporate action connected to appraisal rights proceedings (Spruchverfahren).

Can anyone provide an equivalent English term for 'Nachbesserung'?

Some examples:

"sukzessive nennenswerte Volumina an Nachbesserungsrechten (Abfindungsergänzungsansprüche) entstehen"
"Daraus ergibt sich eine Nachbesserung von 15% auf das angediente Volumen."
"Nachbesserungsportfolio"
"der Nachbesserungsbetrag kann voll als Ertrag gebucht werden."

Any ideas are very welcome. Thanks
alexbaker
United Kingdom
Local time: 02:28
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Summary of answers provided
3amendment/right to amendment
Brent Sørensen


Discussion entries: 1





  

Answers


10 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
amendment/right to amendment


Explanation:
One translation of 'Nachbesserung' is 'amendment'.

I have also seen 'right to amendment' translated as 'Recht auf Nachbesserung'

Brent Sørensen
Germany
Local time: 03:28
Native speaker of: Native in EnglishEnglish
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