Glossary entry

Dutch term or phrase:

machtsrecht

English translation:

priority/preferential rights

Added to glossary by Dave Calderhead
Jun 27, 2006 17:07
17 yrs ago
1 viewer *
Dutch term

machtsrecht

Dutch to English Bus/Financial Law (general) Dutch notarial instrument
"Als aan de vruchtgebruiker het stemrecht toekomt worden daaronder ook begrepen alle bijzondere aan de aandelen verbonden **machtsrechten**, tenzij bij de vestiging van het vruchtgebruik anders werd bepaald."

This term appears in a Dutch notarial instrument relating to the incorporation of a company. We have come up with an accurate explanation of the term above, but I'm curious to know whether there's an equivalent, concise term in English. RSVP. TIA for your assistance. Cheers, R.
Proposed translations (English)
4 priority/preferential rights

Proposed translations

22 mins
Selected

priority/preferential rights

such as special rights associated with preference or priority shares - e.g. the famous golden share rights when state owned companies are privatised

see Dutch references:

Zibb Forum... prioriteitsaandelen - deze aandelen zijn bedoeld om bijzonder machtsrechten binnen de vennootschap aan bijzondere aandeelhouders toe te kennen. ...
forum.zibb.nl/index.php?board=15;action=display;threadid=6917

Zibb ForumMet dergelijk aandelen kun je aan bijzondere aandeelhouders binnen de vennootschap bijzonder machtsrechten verstrekken. Denk daarbij bijvoorbeeld aan de ...
forum.zibb.nl/index.php?board=47; action=display;threadid=9701

Klassiek BeleggenPrioriteitsaandeel : Aandelen op naam waaraan bijzondere machtsrechten zijn verbonden. Pro forma statements: Projected financial statements ...
www.klassiekbeleggen.nl/Glossary.htm - 124k -



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Note added at 28 mins (2006-06-27 17:36:48 GMT)
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Seems preferential rights may be favourite:

[PDF] Current Order of PriorityBestandsformaat: PDF/Adobe Acrobat - HTML-versie
The order of priority is regulated by the Priority Rights of Creditors Act (1970:979). A. distinction is made between general preferential rights and ...
www.iiiglobal.org/country/sweden/insol_trends.pdf

Registrar of the Commercial Court of Paris - Preferential rights ...Formalities for the registers of preferential rights and pledges ... It gives to the seller or the lender the right to have priority over the other ...
www.greffe-tc-paris.fr/anglais/preferential_rights_pledges/...

Corporate Governance: Election CommitteeShares not subscribed for on the basis of primary preferential rights shall be offered ... the order of priority among them shall be determined by lottery. ...
www.sectra.se/corporate/investor/corporate_governance/artic...


Notice of Annual General MeetingThe authorisation includes a right to disregard the preferential rights of the ... With disapplication of the shareholders' preferential rights, ...
www.sectra.se/global/news/press_releases/ corporate/2006-2007/2006-05-29.html
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4 KudoZ points awarded for this answer. Comment: "Thanks, Dave."
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