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163 months ago

Kate (a guest user) asked this question:

Language pair:

French > English

Subject:

Law / Certificates

Level of diffculty:

Easy / medium

Word or term in question:

vale reconnaissance de

Context:

Qu'en considération de l'impossibilité pour [compagnie] de faire face au paiement

Keywords:

.... de cette somme, [banque] a consenti, dans une transaction, à céder sa créance à l'associé unique de [compagnie], pour un montant représentant #% de la valeur faciale de ladite créance sans pour autant que cet accord ne vale reconnaissance d'une quelconque responsabilité de part et d'autre dans la situation critique de [compagnie]; -- not sure if this is better classified as financial or legal...so legal, i guess. thx

 

 

The answer of   See profile was rated best

without this agreement constituting acknowledgment of

My comment:

TYPO: vale
SHOULD BE: vaille.
So the debt was sold to a partner but it does not constitute acknowledgment of any liability whatsoever by either party

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