Mar 22, 2016 01:10
8 yrs ago
6 viewers *
Portuguese term
concorram pelo menos “pari passu”
Portuguese to English
Law/Patents
Law: Contract(s)
Garantir que as obrigações do EMITENTE decorrentes do presente instrumento concorram pelo menos “pari passu” com todas as demais dívidas do EMITENTE que tenham garantias da mesma natureza.
Proposed translations
(English)
| 4 | are at least on a (level) par/pari passu with |
David Hollywood
|
| 4 | (do) rank at least pari passu with |
Adrian MM. (X)
|
Proposed translations
32 mins
David Hollywood
Native in English
worked for int. orgs (IMF, OAS, IDB)
Native in: English
Works in: Spanish to English, German to English
Related KudoZ points
:
96
Selected
are at least on a (level) par/pari passu with
that's the meaning
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Note added at 33 mins (2016-03-22 01:44:19 GMT)
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the concept of "pari passu" means that everyone/everything should be treated equally
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Note added at 35 mins (2016-03-22 01:46:10 GMT)
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or: are at least on an equal footing with
What is 'Pari-passu'
Pari-passu is a Latin phrase meaning "equal footing" that describes situations where two or more assets, securities, creditors or obligations are equally managed without any display of preference. An example of pari-passu occurs during bankruptcy proceedings when a verdict is reached, all creditors can be regarded equally, and will be repaid at the same time and at the same fractional amount as all other creditors. Treating all parties the same means they are pari-passu.
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Note added at 37 mins (2016-03-22 01:47:50 GMT)
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this is an important aspect of the Argentine vulture fund (fondos buitres) dilemma
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Note added at 1 hr (2016-03-22 02:11:07 GMT)
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you might also say: are treated/seen as at least on a (level) par with
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Note added at 33 mins (2016-03-22 01:44:19 GMT)
--------------------------------------------------
the concept of "pari passu" means that everyone/everything should be treated equally
--------------------------------------------------
Note added at 35 mins (2016-03-22 01:46:10 GMT)
--------------------------------------------------
or: are at least on an equal footing with
What is 'Pari-passu'
Pari-passu is a Latin phrase meaning "equal footing" that describes situations where two or more assets, securities, creditors or obligations are equally managed without any display of preference. An example of pari-passu occurs during bankruptcy proceedings when a verdict is reached, all creditors can be regarded equally, and will be repaid at the same time and at the same fractional amount as all other creditors. Treating all parties the same means they are pari-passu.
--------------------------------------------------
Note added at 37 mins (2016-03-22 01:47:50 GMT)
--------------------------------------------------
this is an important aspect of the Argentine vulture fund (fondos buitres) dilemma
--------------------------------------------------
Note added at 1 hr (2016-03-22 02:11:07 GMT)
--------------------------------------------------
you might also say: are treated/seen as at least on a (level) par with
3 KudoZ points awarded for this answer.
9 hrs
Portuguese term (edited):
concorram pelo menos “pari passu” com
(do) rank at least pari passu with
Pari passu: italicised, but unhyphenated and no inverted commas, as well known in the law of (personal) bankruptcy & (corporate) insolvency throughout the EN-speaking world.
Example sentence:
In addition, secondary issues of shares that have equal rights with existing shares rank pari-passu. Wills and trusts can assign an in pari-passu distribution
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