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  3. Law: Contract(s)

\"consideración de litigiosos\"

English translation: that are the subject of litigation

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:consideración de litigiosos
English translation:that are the subject of litigation
Entered by: Robert Carter

21:33 Sep 27, 2018
Spanish to English translations [PRO]
Bus/Financial - Law: Contract(s) / loan agreements
Spanish term or phrase: \"consideración de litigiosos\"
Ningún Deudor extinguirá su Crédito mediante el ejercicio...del derecho que se le confiere en virtud del artículo...con respecto a los Créditos que tienen la consideración de litigiosos.
guillen
United States
Local time: 02:29
that are the subject of litigation
Explanation:
Crédito litigioso

Es el derecho de crédito que, por no haber sido satisfactoriamente cumplido, es reclamado judicialmente por el acreedor, habiendo el deudor contestado ya la demanda.El hecho de que se prevea el incumplimiento del obligado, y aun cuando el acreedor haya decidido interponer la demanda, o incluso haya requerido notarialmente al deudor a tal fin, no es suficiente para considerar el crédito litigioso. De la misma forma, una vez sea firme la sentencia dictada en el pleito promovido por el incumplimiento, el crédito ya no es litigioso.
http://www.enciclopedia-juridica.biz14.com/d/crédito-litigio...

Depending on the context, for "créditos" you might use either "debts" or "credit claims".

What is the overall definition of a credit claim?
According to the new Financial Collateral Directive (FCD) definition in Art. 1(o), "credit claims' means pecuniary claims arising out of an agreement whereby a credit institution, as defined in Article 4(1) of Directive 2006/48/EC, including the institutions listed in Article 2 of that Directive, grants credit in the form of a loan”.
https://www.ecb.europa.eu/paym/groups/pdf/outline_report_ban...
Selected response from:

Robert Carter
Mexico
Local time: 02:29
Grading comment
Thank you for your assistance - I'm sorry to take so long to answer.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1that are the subject of litigation
Robert Carter
3deemed/considered to be in dispute
AllegroTrans


  

Answers


23 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
que tienen consideración de litigiosos
that are the subject of litigation


Explanation:
Crédito litigioso

Es el derecho de crédito que, por no haber sido satisfactoriamente cumplido, es reclamado judicialmente por el acreedor, habiendo el deudor contestado ya la demanda.El hecho de que se prevea el incumplimiento del obligado, y aun cuando el acreedor haya decidido interponer la demanda, o incluso haya requerido notarialmente al deudor a tal fin, no es suficiente para considerar el crédito litigioso. De la misma forma, una vez sea firme la sentencia dictada en el pleito promovido por el incumplimiento, el crédito ya no es litigioso.
http://www.enciclopedia-juridica.biz14.com/d/crédito-litigio...

Depending on the context, for "créditos" you might use either "debts" or "credit claims".

What is the overall definition of a credit claim?
According to the new Financial Collateral Directive (FCD) definition in Art. 1(o), "credit claims' means pecuniary claims arising out of an agreement whereby a credit institution, as defined in Article 4(1) of Directive 2006/48/EC, including the institutions listed in Article 2 of that Directive, grants credit in the form of a loan”.
https://www.ecb.europa.eu/paym/groups/pdf/outline_report_ban...

Robert Carter
Mexico
Local time: 02:29
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 558
Grading comment
Thank you for your assistance - I'm sorry to take so long to answer.

Peer comments on this answer (and responses from the answerer)
agree  David Hollywood: sounds good to me Robert
2 hrs
  -> Thanks, David.
neutral  AllegroTrans: litigioso often simply means dispute; I don't think we can definitively say from this short snippet that it is referring to litigation (i.e. that it has gone to Court)
10 hrs
  -> Thanks, Chris. While that may be so, from the wording here, I presume this is from Spain and so we have the reference above that reads "derecho de crédito que, por no haber sido satisfactoriamente cumplido, es reclamado judicialmente por el acreedor".
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11 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
tienen la consideración de litigiosos
deemed/considered to be in dispute


Explanation:
tienen la consideración de = deemed/considered to be

Litigation can be something of a false friend here. It does of course mean that a dispute has escalated to court poceedings. In my experience, unless the text explicitly says there are proceedings, it very often simply refers to a dispute.



AllegroTrans
United Kingdom
Local time: 09:29
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 577

Peer comments on this answer (and responses from the answerer)
neutral  Robert Carter: Hi Chris, as with your own objection to my interpretation, I don't think we can assume this simply means "in dispute", unless you have any references to support that idea.
5 hrs
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