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ceder su posición contractual

English translation: To assign rights and duties

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:ceder su posición contractual
English translation:To assign rights and duties
Entered by: lbotto

22:57 Jul 18, 2020
Spanish to English translations [PRO]
Law/Patents - Mining & Minerals / Gems / Agreemets
Spanish term or phrase: ceder su posición contractual
Queda expresamente pactado que las Partes podrán libremente transferir total o parcialmente sus derechos u obligaciones derivadas de este contrato, así como ceder su posición contractual en el mismo, bastará con una comunicación previa y por escrito a la otra parte.
lbotto
Local time: 08:23
To assign rights and duties
Explanation:
An assignment is the transfer of contractual rights to third parties. A delegation is the transfer of contractual duties to third parties. However, you can simply use "assignment of rights and duties" instead of, for instance, "to assing rights and to delegate duties"
These definitions were taken from the West's Business Law 12 ed.
Selected response from:

Aldana Vivas Lucic
Argentina
Local time: 12:23
Grading comment
Muchas gracias Aldana
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +2To assign rights and duties
Aldana Vivas Lucic
4Cede their right to ownership pursuant to the deal
Gabriel Ferrero
4assign their involvement/participation
David Hollywood
3contract out of /their privity in/ the same
Adrian MM.


  

Answers


34 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
Cede their right to ownership pursuant to the deal


Explanation:
Liability and profitability implied

Gabriel Ferrero
France
Local time: 17:23
Native speaker of: Native in EnglishEnglish
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3 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +2
To assign rights and duties


Explanation:
An assignment is the transfer of contractual rights to third parties. A delegation is the transfer of contractual duties to third parties. However, you can simply use "assignment of rights and duties" instead of, for instance, "to assing rights and to delegate duties"
These definitions were taken from the West's Business Law 12 ed.

Aldana Vivas Lucic
Argentina
Local time: 12:23
Native speaker of: Native in SpanishSpanish
PRO pts in category: 4
Grading comment
Muchas gracias Aldana

Peer comments on this answer (and responses from the answerer)
agree  Andy Watkinson
11 hrs
  -> Thank you!
neutral  philgoddard: I agree with this, but the problem is the Spanish says it twice.
1 day 4 hrs
agree  Yvonne Gallagher: but yes, saying the same thing twice
1 day 8 hrs
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3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
assign their involvement/participation


Explanation:
in said contract to other parties

David Hollywood
Local time: 12:23
Native speaker of: English
PRO pts in category: 76
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22 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
ceder su posición contractual en el mismo
contract out of /their privity in/ the same


Explanation:
One of the meanings of contracting out is assignment, the other being opting out.

Often a scenario of novation or altered privity of contract, either of which doctrines non-pro voters may care to elaborate on.

Example sentence(s):
  • The purpose ... of....assignment of contract rights is to change the contractual relationship, or privity, between two parties by replacing one party with a new party.
  • Novation The substitution of a new contract for an old one. The new agreement extinguishes the rights and obligations that were in effect under the old agreement.

    Reference: http://www.netlawman.co.uk/ia/novation-assignment
    Reference: http://www.proz.com/kudoz/spanish-to-english/law-patents/498...
Adrian MM.
Austria
Native speaker of: Native in EnglishEnglish
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