Arrestierung
English translation: seizure/arrest
| 16:50 Jul 22, 2019 |
| German to English translations [PRO] Bus/Financial - Law: Contract(s) / Vollstreckung | |||||||
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|  Selected response from: Kim Metzger Mexico Local time: 12:37 | ||||||
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| Summary of answers provided | ||||
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| 3 +3 | seizure/arrest |
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| 5 | attachment |
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| 5 | seizure |
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| 3 | sequestration; arrest (of ship) |
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| Summary of reference entries provided | |||
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| Originalquelle bei den Gerichten in Zürich |
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| Discussion entries: 3 | |
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Answers
39 mins confidence: 
peer agreement (net): +3
peer agreement (net): +3seizure/arrest Explanation: I'm not sure if there is a difference between seizing and 'arresting" assets. Creditors may request the courts to take certain measures to secure the debtor's assets in order to make them available for eventual liquidation. The most important of these measures are the arrest of assets (Arrest / séquestre) and the challenge of unfair preferences (Anfechtung / révocation). Debt collection by seizure of assets (Betreibung auf Pfändung / poursuite par voie de saisie): If the debt is not secured, and if the debtor is not a registered commercial entity but a private individual, all his assets can be seized and sold at auction. Arrest Creditors may request a court to order an arrest to be laid on certain assets belonging to the debtor. The arrest has the effect of a provisional seizure of these assets.[32] An arrest may only be ordered if the creditor can establish the prima facie validity of his claim as well as one of several statutory prerequisites for an arrest. An arrest may notably be imposed if the debtor holds a certificate of unpaid debts against the debtor, if the debtor attempts to hide or dispose of his assets, or if the debtor is not resident in Switzerland. The arrest of the assets of foreign debtors also establishes a venue in Switzerland under Swiss private international law in which the debtor may be sued by the creditor, except if the Lugano Convention is applicable.[33] https://en.wikipedia.org/wiki/Insolvency_law_of_Switzerland -------------------------------------------------- Note added at 40 mins (2019-07-22 17:31:33 GMT) -------------------------------------------------- Arrest von Vermögenswerten (Art. 271 ff. SchKG). Mit dem Arrestgesuch kann der Gläubiger dafür sorgen, dass ein bestimmter, von ihm bezeichneter Vermögenswert der Schuldnerin auf Befehl des Arrestrichters überfallartig beschlagnahmt wird. http://www.schuldeninfo.ch/files/_documents/stichwoerter/arr... -------------------------------------------------- Note added at 41 mins (2019-07-22 17:32:02 GMT) -------------------------------------------------- arrestieren – beschlagnahmen, pfänden https://fwb-online.de/lemma/arrestieren.s.3v |
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