vollstreckt

English translation: (if a writ of execution) is issued

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:vollstreckt
English translation:(if a writ of execution) is issued
Entered by: Gavin O'Leary

12:05 Sep 1, 2019
German to English translations [PRO]
Law/Patents - Law (general)
German term or phrase: vollstreckt
Hi guys,

I need a little help with the following sentence with regard to "vollstreckt" in particular:

Ein solcher wichtiger Grund liegt insbesondere vor, wenn:

wenn in den Geschäftsanteil des Gesellschafters oder in dessen Auseinandersetzungsanspruch vollstreckt wird und die Vollstreckungsmaßnahme nicht binnen zwei Monaten aufgehoben wird.

Any help much appreciated.

Thanks,

Gavin
Gavin O'Leary
Ireland
Local time: 10:12
(if a writ of execution) is issued
Explanation:
If a writ of execution is issued /granted against the business partner's/shareholder's share in of the company ....


https://www.investopedia.com/terms/w/writ-of-execution.asp
If a court issues a writ of execution, usually a local sheriff is charged with taking possession of property owed to the plaintiff.
Selected response from:

Bernhard Sulzer
United States
Local time: 05:12
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1excution is levied against...
Adrian MM.
4 +1(if a writ of execution) is issued
Bernhard Sulzer
5 -1awarded
Cillie Swart


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
in .... vollstreckt
excution is levied against...


Explanation:
suggestion: 'if execution is levied /e.g. by an (IrE) well (UK) charging order/ against the member's (shareholder's or partner's) ordinary share or against the latter's entitlement to any (partnership leaving?) balance due and the levy of execution is not set aside within 2 months.'

NB execution in Scots law would be called 'carrying out of diligence'!

--------------------------------------------------
Note added at 1 hr (2019-09-01 13:21:47 GMT)
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execution is levied....

Example sentence(s):
  • IrE: Well Charging Order > This is a request from the creditor to the court to recognise that their judgment mortgage is well charged on the property and to be granted an order for sale of the property.
  • UK & US > Charging Orders *over* Shares Published: 1 J ul y 2014 Judgment creditors can enforce judgment by charging the shareholdings of a judgment debtor.

    Reference: http://www.proz.com/kudoz/german-to-english/law-patents/1777...
    Reference: http://businessandlegal.ie/tag/well-charging-order
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 119

Peer comments on this answer (and responses from the answerer)
agree  AllegroTrans: /// many legal translations are not "obvious" but I will "warrant" that this works
1 day 7 hrs
  -> Thanks. Mine is obviously not an 'obvious' translation...
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8 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
(if a writ of execution) is issued


Explanation:
If a writ of execution is issued /granted against the business partner's/shareholder's share in of the company ....


https://www.investopedia.com/terms/w/writ-of-execution.asp
If a court issues a writ of execution, usually a local sheriff is charged with taking possession of property owed to the plaintiff.


Bernhard Sulzer
United States
Local time: 05:12
Specializes in field
Native speaker of: German
PRO pts in category: 80

Peer comments on this answer (and responses from the answerer)
agree  AllegroTrans: I think you could better say "if execution is issued" and leave out "writ" which is a term specific to cerrain countries and isn't really necessary
1 day 16 hrs
  -> Thank you! Had considered it!
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22 hrs   confidence: Answerer confidence 5/5 peer agreement (net): -1
awarded


Explanation:
claim is awarded


    https://www.linguee.com/english-german/search?source=auto&query=vollstreckt
Cillie Swart
South Africa
Local time: 11:12
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 39

Peer comments on this answer (and responses from the answerer)
disagree  AllegroTrans: No, it's about enforcement
10 hrs
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