Apr 28, 2023 16:23
1 yr ago
38 viewers *
French term

les décisions écrites [...] sont réservées.

French to English Law/Patents Law (general) Articles of Association (S.A.)
En cas de décision par voie électronique, aucune signature n’est nécessaire ; les décisions écrites divergentes du conseil d’administration sont réservées.

Discussion

Conor McAuley Apr 30, 2023:
I haven't read all the entries here, so i don't know if somebody else spotted this, but surely "specify" in

"unless the board of directors specify"

should be "specifies", since the board is an entity and thus singular.

In the UK they've started doing something weird where a Board would be considered to be a group of people or parties and not an entity and thus "they", terrible, but anyway...
Myriam Seers Apr 30, 2023:
“Resolution” vs “decision” Per the comment that “resolution” applies to shareholders rather than the board, this is not the case in my experience. In corporate law, we speak of board “resolutions” pretty much universally. They are the manifestation of the board’s “decisions”, and so IMO is the correct translation of “décision” as used in the excerpt, at least the earlier instances (the solution selected leads to two different usages of “décision” in the excerpt in my view, which is contrary to the presumption of consistent expression, but doesn’t necessarily make it wrong, especially not in a French document).

For example:

https://www.investopedia.com/terms/c/corporateresolution.asp

https://www.lawinsider.com/clause/resolutions-of-the-board-o...

https://www.contractscounsel.com/t/us/corporate-resolution

https://www.sec.gov/Archives/edgar/data/77476/00011931251016...

https://www.sec.gov/Archives/edgar/data/92230/00011931250401...

SafeTex Apr 30, 2023:
@Allegro yes, written decisions by the directors, which is why I think Phil's suggestion risked being understood wrongly and the other suggestions were closer to what is meant
AllegroTrans (asker) Apr 30, 2023:
So ...in other words: written decisions always prevail over electronic decisions? Is that it?
SafeTex Apr 30, 2023:
@ AllegroTrans and all Hello

Bearing in mind what i said this morning, and based on your interpretation

""without prejudice to any decisions of the Board of Directors that diverge from decisions reached by means of the aforementioned provisions"

Do you see what I'm trying to get at? The Board are not going to oppose the electronic means (the provisions) but may well oppose decisions reached by such a system

Regards
AllegroTrans (asker) Apr 30, 2023:
I think it's something like "without prejudice to any decisions of the Board of Directors that diverge from the above provisions"
Anyone like to comment on this interpretation?
SafeTex Apr 30, 2023:
@ Phil and all Hello

I've disagreed with Phil's popular answer and if I'm wrong, I can retract but I believe that if appended to the phrase before, it will give a wrong result, namely

En cas de décision par voie électronique, aucune signature n’est nécessaire, unless the board of directors decides otherwise in writing

which is not what the French text means. All the other suggestions have a sense closer to the French.

Regards
SafeTex

Conor McAuley Apr 28, 2023:
The translator into English worked a miracle, if the translation was from the French!

Maybe the German is more straightforward and the translation was done from the German?
Bourth Apr 28, 2023:
The Swiss themselves appear to have issues with this turn of phrase.

"La teneur en eau des produits de la minoterie ne doit pas dépasser 16 % masse. L'al. 3 est réservé.
Formule plus élégante :
La teneur en eau des produits de la minoterie ne doit pas dépasser 16 % masse, sous réserve de l'al. 3."
https://www.bk.admin.ch/bk/fr/home/documentation/langues/aid...
philgoddard Apr 28, 2023:
Samuël You're too modest, but suit yourself...
Samuël Buysschaert Apr 28, 2023:
Yes my bad, i should have mentioned this bit anyway feel free to do what you want with this piece of information, it was just to shed some light or confirm what colleagues might have thought, i'm not gonna post as there are far more competent and qualified people here in this domain to post an appriopate answer or tweak this formulation as it needs be ;) !
Conor McAuley Apr 28, 2023:
Wow, that's some convoluted writing by a Swiss bureaucrat-lawyer in the French!

That said, the Swiss are kind enough to provide English translations.

BUT they come with this rider, which could be used as a footnote:

"English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force."
philgoddard Apr 28, 2023:
Samuël That's the correct translation in my opinion, and you should put it as an answer.

"Otherwise" would be better than "a different requirement" - it's more concise, and avoids the repetition of "required/requirement".
Samuël Buysschaert Apr 28, 2023:
HTH/Fwiw Not my field but might be helpful,
translated as this on the site, Art. 713
"[...], aucune signature n’est nécessaire; les décisions écrites divergentes du conseil d’administration sont réservées."

"[...], no signature is required, unless the board of directors specify a different requirement in writing"

https://www.fedlex.admin.ch/eli/cc/27/317_321_377/fr
https://www.fedlex.admin.ch/eli/cc/27/317_321_377/en //
Myriam Seers Apr 28, 2023:
No, this is different from a réserve légale, which is funds (also a reserve in English).
This is “réservé” in the sense of creating an exception.
Here is an explanation of this acception:

DR. Clause restrictive ajoutée à un acte pour se soustraire à une éventuelle obligation. Émettre, faire des réserves. Dans ce contrat, il a fait plusieurs réserves (Ac.).Le créancier qui a déchargé le débiteur par qui a été faite la délégation, n'a point de recours contre ce débiteur, si le délégué devient insolvable, à moins que l'acte n'en contienne une réserve expresse (Code civil, 1804, art. 1276, p. 230).La Convention eut beau voter une réserve et dire qu'elle ne préjugeait pas si elle jugeait Louis XIV ou si elle prononçait une mesure de sûreté (Camus,Homme rév., 1951, p. 152).

https://www.cnrtl.fr/definition/réserve

Myriam Seers Apr 28, 2023:
Actually, on reflection, it’s simplest to just use “except”.

… except in the case of written resolutions …
Myriam Seers Apr 28, 2023:
Quite sure it’s an exception but I would render it using one of the formulations I suggested, which are common to introduce exceptions. Let me pull up what Ken Adams recommends as exception-introducing language in a Manual of Style for Contract Drafting. Give me a few minutes.
AllegroTrans (asker) Apr 28, 2023:
Text before this Conor raised this, so here is the paragraph preceding and including this:

Le conseil d’administration peut prendre ses décisions:
- dans le cadre d’une séance avec lieu de réunion;
- sous une forme électronique par analogie avec les art. 701c à 701e du Code des obligations;
- par écrit sur papier ou sous forme électronique, à moins qu’une discussion ne soit requise par l’un des membres du conseil d’administration. En cas de décision par voie électronique, aucune signature n’est nécessaire ; les décisions écrites divergentes du conseil d’administration sont réservées.
Myriam Seers Apr 28, 2023:
I believe the second clause is a derogation from the first, such that board resolutions that are not unanimous must be signed.
You could render it with any of the expressions introducing an exception. “Without limiting A, B”, “Despite/notwithstanding A, then B”, etc.

Does this make sense in the broader context of the Articles?

Proposed translations

+1
4 hrs
Selected

decisions in writing that diverge [...] shall prevail

The Swiss themselves appear to have issues with this turn of phrase.

"La teneur en eau des produits de la minoterie ne doit pas dépasser 16 % masse. L'al. 3 est réservé.
Formule plus élégante :
La teneur en eau des produits de la minoterie ne doit pas dépasser 16 % masse, sous réserve de l'al. 3."
https://www.bk.admin.ch/bk/fr/home/documentation/langues/aid...

I don't think it's about the board's decision re. the validity of electronic voting without signature, as some answers and indeed the English translation on the Swiss site suggest, but rather about the (non-)validity of such a decision if the board has a written decision that differs from the electronic decision.

People more familiar with legal lingo than I will be able to turn my sow's ear below into a silk purse.

No signature is necessary in the case of a decision being made by electronic means; decisions by the board in writing that diverge therefrom shall take precedence and shall prevail.
Peer comment(s):

agree Daryo : that's the idea
1 day 12 hrs
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4 KudoZ points awarded for this answer. Comment: "thanks!!"
17 mins

the written decisions [...] are unaffected

See FHS Bridge, réservé => unaffected

I'm not quite as sure as usual, though.

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Note added at 20 mins (2023-04-28 16:44:24 GMT)
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Yes, I'm a little unsure, but at any rate, you should take a look at "réservé" and "réserver" in Bridge, you should find something that fits the context, which seems a little complex, on reflection – there's something going on with "divergentes".

Diverging from what, is the key question, I think.
Note from asker:
Thanks Conor I think this is the basic meaning
Something went wrong...
+1
2 hrs

unless the board of directors decides otherwise in writing

Decisions made electronically need not be signed, unless the board decides otherwise in writing.

"Divergentes" means "differing from what we just said", ie that they need not be signed. "Réservés" means "are an exception to this requirement".

Thanks to Samuël in the discussion box for putting me on what I believe to be the right track.
Note from asker:
Thanks Phil, but I somehow think this puts the wrong slant on it
Peer comment(s):

agree Andrew Bramhall : Yes. that's the upshot;
33 mins
agree Jennifer Levey
38 mins
disagree SafeTex : sorry to be a fly in the ointment but I fhink this gives a wrong result if appended to the sentence before. See discussion
1 day 14 hrs
Something went wrong...
4 hrs
French term (edited): les décisions écrites divergentes sont réservées.

this is subject to the Board of Directors resolving differently in writing

Thanks to Samuël B. for the lead.

I think, though, that Board of Directors should be written with initial caps and that this is not a subordinate clause, starting '... unless...' but a main clause, so kicks off with '..this is subject to...', a tzpi9cal notarial formula.

I also agree with Miriam's resolutions, except that connotes a shareholders' resolution on a written poll or ballot - points taking us down a different avenue and requiring at least consideration, let alone informed debate.

Low confidence level. symmetrically, in descending order of 4-3-2 and flavo(u)r of the month.
Example sentence:

Unless otherwise resolved at the meeting, the Chairman cannot announce adjournment of the meeting before all the discussion items (including special motions) ...

Note from asker:
Thanks Adrian
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35 mins

[…] except in the case of written resolutions […]

See discussion.

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Note added at 1 day 22 hrs (2023-04-30 15:01:34 GMT) Post-grading
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@AllegroTrans: in corporate law, we speak of board “resolutions” pretty much universally. They are the manifestation of the board’s “decisions”, and so IMO is the correct translation of “décision” as used in your excerpt, at least the earlier instances (the solution you selected leads to two different usages of “décision” in the excerpt in my view, which is contrary to the presumption of consistent expression, but doesn’t necessarily make it wrong, especially not in a French document).

For example:

https://www.investopedia.com/terms/c/corporateresolution.asp

https://www.lawinsider.com/clause/resolutions-of-the-board-o...

https://www.contractscounsel.com/t/us/corporate-resolution

https://www.sec.gov/Archives/edgar/data/77476/00011931251016...

https://www.sec.gov/Archives/edgar/data/92230/00011931250401...



Note from asker:
Thanks Myriam but I always associate "resolution" with shareholders rather than directors
Something went wrong...
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