Glossary entry

French term or phrase:

plan de cession totale

English translation:

total alienation/disposal/transfer plan of the company

Added to glossary by Felipe Vallejo
May 10, 2004 13:29
20 yrs ago
21 viewers *
French term

plan de cession totale

French to English Bus/Financial Law (general) articles of incorporation
In the bylaws of an investment partnership:

"Article 11 - Interdiction, incapacité, règlement judiciaire, liquidation de biens d'un associé

Le redressement judiciaire, le jugement arrêtant un plan de cession totale de l'entrepise, ou la liquidation de biens, frappant un associé, n'entraînent pas la dissolution de la Société."

Proposed translations

22 mins
Selected

total alienation/disposal/transfer plan of the company

hope this helps
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4 KudoZ points awarded for this answer. Comment: "Thanks... 'assignment' works too, as in "A court-ordered settlement, court order for assignment of the entire company, or liquidation of assets affecting a partner shall not entail dissolution of the Company.""
+1
39 mins

if the company is sold off as a whole / as a unit

Maybe not the correct legal language, but that is the jist of it.

"Cession" is another way of saying sale / disposal / transfer, means "to pass on to" basically.
Peer comment(s):

agree Marina Kutsnashvili (X)
16 mins
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