Glossary entry (derived from question below)
Spanish term or phrase:
reconocer un crédito a alguien
English translation:
recognise a claim in favour of somebody
- The asker opted for community grading. The question was closed on 2018-12-03 20:54:07 based on peer agreement (or, if there were too few peer comments, asker preference.)
Nov 30, 2018 12:50
5 yrs ago
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Spanish term
Luxembourg
Spanish, French to engaging English
Native in: English
Works in: Spanish to English, French to English, English
reconocer un crédito a alguien
Spanish to English
Law/Patents
Law (general)
This is from some bankruptcy proceedings in Spain.
se solicita que se reconozca a la entidad bancaria un crédito por importe de €x.
de reconocerse algún crédito a la entidad actora
I see that the EU translates it as "to register a recovery claim" but I'm not sure if that applies here. Also, if that were the correct translation, I am having trouble fitting in the 'a'.
Could the first sentence be translated as something like "the bank wishes to register a recovery claim for €x"?
se solicita que se reconozca a la entidad bancaria un crédito por importe de €x.
de reconocerse algún crédito a la entidad actora
I see that the EU translates it as "to register a recovery claim" but I'm not sure if that applies here. Also, if that were the correct translation, I am having trouble fitting in the 'a'.
Could the first sentence be translated as something like "the bank wishes to register a recovery claim for €x"?
Proposed translations
(English)
| 4 +2 | recognise a claim in favour of somebody |
A. & S. Witte
|
Proposed translations
+2
3 hrs
A. & S. Witte
Germany
Germany
Native in English
Specializes in field
Germany
Expertise in IP/legal/accounting/finance
Native in: English (Variant: UK) 
, German 
Works in: German to English, English to German, Spanish to German, and 5 more.
Related KudoZ points
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4
Selected
recognise a claim in favour of somebody
Hi,
The sentence could be translated as
"It is requested that a claim in the amount of € x be recognised in favour of the bank."
That's how insolvency proceedings work. You, being one of the creditors, file your claim against the debtor and it is either recognised by the insolvency administrator (provided that there are sufficient insolvency funds in the kitty from the liquidation of the insolvent's assets to settle your claim and the regulations under applicable law are fulfilled and you have filed the claim properly) or you are out of luck.
Cheers,
A. & S. Witte PartG
Note from asker:
| That's very informative and helpful, it's crystal clear now, thank you :) |
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
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