This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
  1. KudoZ™ Top
  2. Italian to English
  3. Law: Contract(s)

configurare una distrazione dell’attivo

English translation: constitute misappropriation of assets

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:configurare una distrazione dell’attivo
English translation:constitute misappropriation of assets
Entered by: Michael Meskers

17:44 Aug 17, 2017
Italian to English translations [Non-PRO]
Bus/Financial - Law: Contract(s)
Italian term or phrase: configurare una distrazione dell’attivo
Hi all -

In translating a legal document concerning corporate bankruptcy and what ultimately happens to the assets of the bankrupt company, I am not sure how to best translate this phrase:
configurare una distrazione dell’attivo

Here's the context (I capitalized the phrase here - it isn't in the original.)
Una spiegazione ulteriore di quanto ho appena descritto può essere rintracciata nel fatto che la revoca di una cessione o di una licenza di marchio o di brevetto può produrre effetti dirompenti sull’organizzazione del cessionario o del licenziatario, senza giovare al fallimento, che non può sfruttare direttamente il bene (salvo l’esercizio provvisorio) e può aver difficoltà a reperire un altro interessato all’acquisto dello stesso. Si deve considerare la circostanza che le tecnologie brevettate e perfino i marchi possono essere sfruttati più efficacemente da chi li conosce bene e che il primo interessato al loro acquisto e chi li usa da un tempo sufficiente per essersi familiarizzato con loro (in materia si v. FORMIGGINI, 1114-1115).

Può comunque accadere che, in certe situazioni, si possa CONFIGURARE UNA DISTRAZIONE DELL’ATTIVO, di rilevanza penale. La cosa merita una specifica menzione perchè il valore dei beni immateriali non è facilmente determinabile in modo obiettivo (FORMIGGINI, 1114).

Thanks for any help you can offer!
Michael Meskers
United States
Local time: 02:55
constitute misappropriation of assets
Explanation:
... which is a criminal offence.

I think Alison is on the right lines, but it could be expressed better.
Selected response from:

philgoddard
United States
Grading comment
Thanks Phil!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1constitute misappropriation of assets
philgoddard
4fall under/correspond to the crime/felony of asset misappropriation fraud
Alison Kennedy


  

Answers


22 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
fall under/correspond to the crime/felony of asset misappropriation fraud


Explanation:
Alison

--------------------------------------------------
Note added at 31 mins (2017-08-17 18:16:33 GMT)
--------------------------------------------------

Sorry - I'm tired - should have read the full text ... "one can possibly identify asset misappropriation fraud of penal/criminal relevance"

Alison Kennedy
Italy
Local time: 08:55
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 320
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
constitute misappropriation of assets


Explanation:
... which is a criminal offence.

I think Alison is on the right lines, but it could be expressed better.

philgoddard
United States
Native speaker of: English
PRO pts in category: 252
Grading comment
Thanks Phil!

Peer comments on this answer (and responses from the answerer)
agree  James (Jim) Davis
10 hrs
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

Return to KudoZ list

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:
ProZ.com term search
Search millions of term translations
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search