English translation of "vale reconnaissance de" - "without this agreement constituting acknowledgment of"

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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

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Complete list of answers and comments

163 months ago

wrote:

without this agreement (may) be considered as the acknowledgement of any liability whatsoever (of whatever liability)

163 months ago

wrote:

"CONSTITUTING RECOGNITION"

My comment:

... without however this agreement CONSTITUTING any RECOGNITION of whatever responsability by either party ....

163 months ago

wrote:

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

Comments by other colleagues on this answer:

163 months ago

WILHELMINA TWENEBOA-KODUA wrote:

I agree with the answer but I don't think there a typo. vale reconnaissance = constituting recognition or acknowledgment

163 months ago

WILHELMINA TWENEBOA-KODUA wrote:

Wilhelmina, the verb valoir is vaut in the 3rd person present indicative. It isn't supposed to be vaille would be subjunctive. That was an error by me going too fast.

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