6 hrs confidence:   peer agreement (net): -1 forfeiture to cover compensation claims (the victim's 'equivalent' claims)
Explanation:
The term seems to parse: séquestre > en garantie de créances compensatrices and not séquestre (en garantie) de créances compensatrices (cf. Art. 12 Cst. et art. 268 CPP; séquestre en couverture des frais)
la requête de confiscation, respectivement de séquestre en garantie de créances compensatrices, des avoirs provisoirement bloqués en France
the (often: ex parte = without notice) for confiscation (used in the UK for the proceeds of crime), alternatively / in the alternative / for forfeiture as a way of securing the victim's compensation claims, of credit balances (on bank accounts and) provisionally frozen in France.
web ref. 71.5 créance compensatrice > 'equivalent claims'
I had to go through a Swiss-German website that refers to Einziehung = forfeiture and Erstazforderungen = créances compensatrices, though there are others that equate the latter to set-off claims on divorce for equalising or balancing payments between the spouses: entscheide.weblaw.ch/cache.php?link=12.03.2018_6B_783-2017&sel_lang=de
séquestre : also a receivership or interpleader (not an impleader) process - see also Daryo's ref. and the second example sentence.
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Note added at 6 hrs (2019-08-08 21:53:12 GMT)
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the (often: ex parte = without notice) *application* for confiscation....
Example sentence(s):- Comme c’est le cas du séquestre *conservatoire* (interim), l’autorité qui statue en matière de séquestre en garantie d’une créance compensatrice doit pouvoir statuer rapidement, ce qui exclut qu’elle s’arrête sur des questions juridiques c
- Le séquestre (droit) est la procédure par laquelle un tribunal décide de placer un bien ou une somme d'argent sous la garde de la justice, rendant le bien séquestré momentanément indisponible pour son propriétaire jusqu'au jugement qui y mettra fin
Reference: http://www.droit-bilingue.ch/rs/lex/1937/00/19370083-index-f...
Reference: http://www.lawinside.ch/73/
| Adrian MM.
Austria
Specializes in field
Native speaker of:  English
PRO pts in category: 81
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5 hrs confidence: peer agreement (net): -1 | séquestre [en garantie de créances compensatrices] des avoirs provisoirement bloqués en France sequestration of the provisionally frozen assets ..., as collateral for the compensation due.
Explanation:
séquestre [en garantie de créances compensatrices] des avoirs provisoirement bloqués en France
=
séquestrer les avoirs provisoirement bloqués en France [en vue de garantir les (/le paiement des ...) créances compensatrices]
=>
sequestration of the provisionally frozen assets in France, [that are to used] as collateral for the payment of compensation due.
créances compensatrices = "créances" what is owed by this person + "compensatrices" = the "debt" in question is the obligation to pay compensation to victims of his/her financial crimes.
https://fr.wikipedia.org/wiki/Séquestre_(droit)
https://en.wikipedia.org/wiki/Sequestration_(law)
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Note added at 1 day 6 hrs (2019-08-09 21:03:47 GMT)
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[that are to be used]
| Daryo
United Kingdom
Local time: 14:11
Specializes in field
Native speaker of: Serbian, French
PRO pts in category: 195
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1 day 2 hrs confidence: peer agreement (net): +4 [request for] assets to be frozen as collateral for the compensation claims
Explanation:
There are two legal terms here: (1) séquestre, and (2) créances compensatrices.
Séquestre does NOT mean seizure or forfeiture. Those terms are used for the legal process of taking assets and/or title in them away from the owner. In contrast, séquestre means taking away control of the assets but not title in (ownership of) them. The asset still technically belongs to the current owner but she can't do anything with it (can't spend the money, sell the goods, use the bank account, etc.).
"La 'mise sous séquestre' est la mesure conservatoire à caractère provisoire permettant de mettre " sous main du justice" une somme d'argent, un bien meuble ou un bien immeuble pour le rendre momentanément indisponible" until the court makes a final decision.
https://www.dictionnaire-juridique.com/definition/sequestre....
That's called freezing an asset in English: https://thelawdictionary.org/frozen-asset/
A créance compensatrice is a claim for compensation: you're telling the court that the defendant owes you money, e.g. because they stole or destroyed some asset belonging to you and since you can't get that asset back (or in case you can't get that asset back), you want money to compensate you for the loss.
"Le but de la créance compensatrice est d'éviter que celui qui a disposé des objets ou valeurs à confisquer soit privilégié par rapport à celui qui les a conservés.... vise à empêcher que l'auteur d'une infraction demeure en possession d'avantages qu'il s'est procurés au moyen de ses agissements délictueux." https://entscheidsuche.ch/kantone/ne_trican/NE-trican-ARMP-2...
The term has been translated here before as "compensation claim," which works in the current example too: https://www.proz.com/kudoz/french-to-english/finance-general...
Without more context I can't be sure but it sounds like the plaintiff is asking the court to either seize (confisquer) X asset and/or freeze (séquestrer) Y asset in order to turn them over to the plaintiff (or sell them and turn the proceeds over) if the plaintiff wins the underlying case.
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Note added at 2 days 15 hrs (2019-08-11 06:14:39 GMT)
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PS to Daryo: "sequestration" has a lot of different meanings in legal English, whereas "freezing"/"frozen" doesn't. "Sequester" is also not as commonly used, and as you note, in the sense used here, they're synonyms so either one works.
https://legal-dictionary.thefreedictionary.com/sequestration
| Eliza Hall
United States
Local time: 09:11
Works in field
Native speaker of: English
PRO pts in category: 12
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