zánik majetkové účasti

English translation: termination (cessation) of ownership interest(s)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Czech term or phrase:zánik majetkové účasti
English translation:termination (cessation) of ownership interest(s)
Entered by: Hanka_Kot

17:45 Oct 2, 2013
Czech to English translations [PRO]
Law/Patents - Law (general)
Czech term or phrase: zánik majetkové účasti
Rozhodnutí o zániku majetkové účasti v důsledku úplatného převodu akcií.
Hanka_Kot
Local time: 20:02
termination (cessation) of ownership interest(s)
Explanation:
http://www.boe.ca.gov/proptaxes/leopinterest.htm

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Note added at 48 mins (2013-10-02 18:34:11 GMT)
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The sales price for the 25.1 % ownership interest is EUR 42.3 million
(equivalent to approx. DKK 315 million). The transaction is expected to result
in a gain before tax of DKK 176 million. The gain will not have any impact on
EBITDA.
www.finanznachrichten.de/nachrichten-2013-07/27382601-dgap-...


The Company also announced that MGS has acquired the Company’s 100% ownership interest in MGI Luxury Group UK Limited, a UK corporation (“Luxury”), and that Luxury will transfer its business, including all of Luxury’s assets and liabilities, to MGS in the first quarter of fiscal 2014.
http://www.businesswire.com/news/home/20130204005181/en/Mova...


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Note added at 13 hrs (2013-10-03 07:43:25 GMT)
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Shareholder vs. Ownership Interest

With corporations, it is relatively easy to sell your ownership interest compared to other business forms. With publicly traded corporations, you can execute a trade online or with your broker and sell your shares almost immediately. With private companies it takes more effort. A shareholder's agreement may exist that limits who you can sell to or when you can sell. In addition, because information is not publicly or readily available, it takes more effort to find interested buyers and provide them with the information they need to decide they want to buy.

http://yourbusiness.azcentral.com/difference-between-shareho...
Selected response from:

Hannah Geiger (X)
United States
Local time: 14:02
Grading comment
Děkuji!
4 KudoZ points were awarded for this answer



Summary of answers provided
4termination (cessation) of ownership interest(s)
Hannah Geiger (X)
3termination of a shareholder's interest
Stuart Hoskins


  

Answers


12 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
termination of a shareholder's interest


Explanation:
This term is used in US federal law.

“Termination of shareholder's interest.”
http://www.law.cornell.edu/cfr/text/26/1.302-4

“such transfer results in the complete termination of a Shareholder's interest” (An Estate Planner's Guide to Buy-sell Agreements for the Closely Held Business by Louis A. Mezzullo)

“termination of a shareholder's interest”
http://scholarship.law.wm.edu/cgi/viewcontent.cgi?article=13...





Stuart Hoskins
Local time: 20:02
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 255
Login to enter a peer comment (or grade)

32 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
termination (cessation) of ownership interest(s)


Explanation:
http://www.boe.ca.gov/proptaxes/leopinterest.htm

--------------------------------------------------
Note added at 48 mins (2013-10-02 18:34:11 GMT)
--------------------------------------------------

The sales price for the 25.1 % ownership interest is EUR 42.3 million
(equivalent to approx. DKK 315 million). The transaction is expected to result
in a gain before tax of DKK 176 million. The gain will not have any impact on
EBITDA.
www.finanznachrichten.de/nachrichten-2013-07/27382601-dgap-...


The Company also announced that MGS has acquired the Company’s 100% ownership interest in MGI Luxury Group UK Limited, a UK corporation (“Luxury”), and that Luxury will transfer its business, including all of Luxury’s assets and liabilities, to MGS in the first quarter of fiscal 2014.
http://www.businesswire.com/news/home/20130204005181/en/Mova...


--------------------------------------------------
Note added at 13 hrs (2013-10-03 07:43:25 GMT)
--------------------------------------------------

Shareholder vs. Ownership Interest

With corporations, it is relatively easy to sell your ownership interest compared to other business forms. With publicly traded corporations, you can execute a trade online or with your broker and sell your shares almost immediately. With private companies it takes more effort. A shareholder's agreement may exist that limits who you can sell to or when you can sell. In addition, because information is not publicly or readily available, it takes more effort to find interested buyers and provide them with the information they need to decide they want to buy.

http://yourbusiness.azcentral.com/difference-between-shareho...

Hannah Geiger (X)
United States
Local time: 14:02
Specializes in field
Native speaker of: Native in CzechCzech, Native in EnglishEnglish
PRO pts in category: 91
Grading comment
Děkuji!
Login to enter a peer comment (or grade)



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