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|German to English translations [PRO]|
|German term or phrase: Vergleichabschluss & other insurance terms|
|From the same legal insurance case:|
"Sie haetten keinen Vergleich abgeschlossen, indem sie sich zur Bezahlung verpflichteten." I know that Vergleich is settlement, but not sure what a V.abschluss is. Is this also 'settlement'?
Another term I'm not sure about is 'Verantwortlichkeitsanspruch/V.prozess' - is accountability the right English term?
And this whole sentence has confused me - a translation please:
'Die Beklagte scheint sich nun aufgrund des Umstandes, dass X [company name] im Aussenverhaeltniss die Vergleichsleistung erfuellt hat, darauf berufen zu wollen, die eingeklagten Organpersonen haetten gar keine Schaden erlitten.'
Within this, can 'Organen' of a company be translated as 'directors + officers', or is it more vague, i.e. 'agents' of a company?
Many thanks in advance for your help.
|English translation:see below|
They did not reach a settlement agreement . . . =jur. einen Vergleich
Explanation of 2. sentence:
The defendant's defense is that the
plaintiffs suffered no damages, because
the settlement arrangements were made
out of court by company X. Thus, it
was never proven through court proceedings that there were actual
Translation: The Defendant now, due to the circumstance, that X performed the settlement disbursement out of Court, seems to
plead the fact that the prosecuted Parties didn't suffer any damages.
Selected response from:
Local time: 02:32
|Now your answer has made me realise that they reached an out of court settlement, the rest of the text makes a whole lot more sense - thank you!|
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