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Sicherungsrechte

English translation: security interests

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Sicherungsrechte
English translation:security interests
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09:07 Nov 18, 2000
German to English translations [PRO]
Law/Patents
German term or phrase: Sicherungsrechte
From a law suit dealing with a company backing out of a takeover bid: Schliesslich stellten im Hinblick auf die Sicherungsrechte Dritter an Produktionsmitteln die einem Erwerber unbelastet zu uebereignenden Gegenstaende keine ausreichende Basis fuer die betriebliche Organisation des Unternehmens dar. Can anyone tame this beast?
Kim Metzger
Mexico
Local time: 10:13
security rights, rights to protection from risks
Explanation:
>>After all, in view of the security rights of third parties attached to the production equipment, the items [of which title/ownership is] to be transferred unencumbered to the acquirer/acquiring party do not represent a sufficient basis for operational organization of the company/business.<<

Source: Romain, W. der Rechts- und Wirtsschaftssprache ISBN 3 406 35836 5

For this beast, I tried something new (to me): color-coding the main clause to facilitate a logical translation.

n.b.: I am NOT a legal translator.
Selected response from:

Tom Funke
Local time: 11:13
Grading comment
Thanks for tackling that beast or monster.
4 KudoZ points were awarded for this answer

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Summary of answers provided
naSecurity interestprofile removed
nasecurity rights, rights to protection from risks
Tom Funke
naFinally, third parties' RIGHTS TO PROTECTION .... must be
Parrot


  

Answers


13 mins
Finally, third parties' RIGHTS TO PROTECTION .... must be


Explanation:
considered.


    Collins
Parrot
Spain
Local time: 17:13
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 315

Peer comments on this answer (and responses from the answerer)
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2 hrs
security rights, rights to protection from risks


Explanation:
>>After all, in view of the security rights of third parties attached to the production equipment, the items [of which title/ownership is] to be transferred unencumbered to the acquirer/acquiring party do not represent a sufficient basis for operational organization of the company/business.<<

Source: Romain, W. der Rechts- und Wirtsschaftssprache ISBN 3 406 35836 5

For this beast, I tried something new (to me): color-coding the main clause to facilitate a logical translation.

n.b.: I am NOT a legal translator.



    see above
Tom Funke
Local time: 11:13
Native speaker of: English
PRO pts in pair: 2419
Grading comment
Thanks for tackling that beast or monster.

Peer comments on this answer (and responses from the answerer)
profile removed
Login to enter a peer comment (or grade)

2 hrs
Security interest


Explanation:
I have just had a long legal translation dealing with these things, and the English term used for "Sicherungsrecht" is security interest.

profile removed
PRO pts in pair: 98
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