Glossary entry

Deutsch term or phrase:

Verwaltungs- und Veräußerungstreuhänder

Englisch translation:

monitoring and divestiture trustee

Added to glossary by Bernhard Sulzer
Nov 3, 2007 17:49
16 yrs ago
1 viewer *
Deutsch term

Verwaltungs- und Veräußerungstreuhänder

Deutsch > Englisch Rechts- und Patentwesen Immobilien/Grundstücke trusteeship
"Die Liegenschaft XXX wurde beschlagnahmt und Herr YYY wurde als *Verwaltungs- und Veräußerungstreuhänder* vom Oberlandesgerichtspräsidium bestellt."

Place and Time: Austria/Germany, 1940.
Personal letter explaining the seizure of the property, the institution of the administrative trustee and the purchase of the property, from the appointed trustee, by the person writing the letter.

My suggestion:...was appointed as receiver by way of equitable execution//... trustee for the administration and conveyance of the property?!

Thank you!

Discussion

Bernhard Sulzer (asker) Nov 14, 2007:
two more possibilities: "administrative receiver":http://www.businesslink.gov.uk/bdotg/action/detail?type=RESO...
"trustee with the power of management and sale/disposal": http://www.kentuckylaw.com/pdfs/article_rmiller01.pdf
Assem Mazloum Nov 4, 2007:
yes, why not? that's what the text means:

Administrative and sale trustee
2 functions for one person, like:" pizza and pasta dal furno baker"
Bernhard Sulzer (asker) Nov 4, 2007:
more suggestions: Verwaltungstreuhänder: only has administrative (holding) function: http://www.lcg-liechtenstein.li/Legal-forms-of-company.336 M...
Veräußerungstreuhänder: supervises the sale (handles the negotiations concerning the sale/divestiture of the property with the prospective purchaser): divestiture trustee (see 53-55:) http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:...
for German, replace EN with DE; but in my context, this is a real person and there are two functions; holding- and sale/divestiture. Trustee responsible for (separate) holding and divestiture of property?

Proposed translations

1 Tag 23 Stunden
Selected

monitoring and divestiture trustee

Would this work?

monitoring and divestiture trustee
http://ec.europa.eu/comm/competition/mergers/legislation/tru...

File Format: PDF/Adobe AcrobatThese divestiture. risks can be overcome, at least in part, by adopting protective measures such as. appointment of monitoring and divestiture trustees and ...www.mmc.gov.uk/rep_pub/rules_and_guide/pdf/divestiture_reme...
Note from asker:
Danke vielmals, Johanna!
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4 KudoZ points awarded for this answer. Comment: "this conveys best both duties: that of monitoring/administering and that of selling. And it works grammatically."
29 Min.

Administrative and sale trustee

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Note added at 30 mins (2007-11-03 18:19:48 GMT)
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property Administrative and sale trustee



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Note added at 2 days7 hrs (2007-11-06 01:12:14 GMT)
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For sales of business property, the Panel Trustee will usually appoint an auctioneer to handle the administration and sale of property. ...

www.nabt.com/FAQ.html - 25k -

Note from asker:
Hi there. Important to me here is the terminology as it is actually used. Also, the combination of adjective (administrative) and noun (sale) as part of the modified "trustee" is not very likely usage in English. References showing the use of the suggested phrase would be helpful.
A phrasing like "auctioneer/trustee to handle/who handles the administration and sale of property" is much better (although long) than anything with "sale trustee" - that combination is simply not used. The word "sale" combined with another noun generally becomes "sale*s*" - as in sales agent. But even that is not used in connection with trustee. Thanks for your efforts.
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