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  3. Law: Contract(s)

administrador solidario

English translation: director with authority to represent the company acting alone

02:57 Jul 9, 2017
Spanish to English translations [PRO]
Law/Patents - Law: Contract(s)
Spanish term or phrase: administrador solidario
Im am translating a legal text and the expression " administrator solidario" appears several times.

A company with multiple shareholders want to constitute a new company and one of the shareholders claims to be appointed the sole administrator.

What is the exact equivalence in English?

Thanks in advance

Maryana M.
Mirjana Malignon
English translation:director with authority to represent the company acting alone
Explanation:
West - Law and Business Dictionary
Selected response from:

Michael Powers (PhD)
United States
Local time: 08:30
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2director with authority to represent the company acting alone
Michael Powers (PhD)
2 +1[below] ...
Taña Dalglish


Discussion entries: 1





  

Answers


5 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
director with authority to represent the company acting alone


Explanation:
West - Law and Business Dictionary

Michael Powers (PhD)
United States
Local time: 08:30
Specializes in field
Native speaker of: English
PRO pts in category: 980
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Jean Shearer
10 hrs
neutral  philgoddard: It means alone or with other directors.
1 day 12 hrs
neutral  AllegroTrans: I think Phil is right and West doesn't always give translations within context
1 day 17 hrs
agree  Álvaro Espantaleón Moreno: Solidario doesn't mean "alone or with". It means he can act alone. In Spanish: puede obligar a la empresa frente a terceros por sí solo. That is, he doesn't need the other directors at all. That's precisely the point: to act alone.
6 days
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11 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +1
[below] ...


Explanation:
http://www.proz.com/kudoz/spanish_to_english/finance_general...
GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase: Administrador solidario vs administrador conjunto
English translation: joint and several administrator (or sole administrator) vs joint administrator

Explanation:
Administrador solidario: Joint and several administrator (may act independently)

Glosario mercantil breve.pdf - mastersdeluniverso
https://mastersdeluniverso.wikispaces.com/.../Glosario merca...
Administrador Solidario Joint and Several Director / Administrator (may act independently)


Joint and Several Administrator - Spain - Dato Capital
https://en.datocapital.com/es/position/joint-and-several-adm...
Solid, Admin.solida, Administrador Solidario, Admtor.Soli. View Recent Joint and Several Administrators from Spain. 615,208 appointments of Joint and Several ...

Taña Dalglish
Jamaica
Local time: 07:30
Specializes in field
Native speaker of: English
PRO pts in category: 242

Peer comments on this answer (and responses from the answerer)
agree  Gabriela Alvarez
20 hrs
  -> Gracias Gabriela.
neutral  philgoddard: In my opinion, the wrong answer was chosen the last time this question was asked. As Rebecca Jowers pointed out in her excellent contribution, it means "joint and several director".
1 day 12 hrs
  -> It is a reference only and you have based your "neutral" solely on the ProZ link I provided. I further added a second link which states "Director". In any event, what is important is the "joint and several" which I have! It is meant to guide the Asker!
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