Feb 4, 2009 21:57
15 yrs ago
18 viewers *
Italian term
United Kingdom
scissione mediante costituzione della nuova societa
Italian to English
Bus/Financial
Business/Commerce (general)
Operazioni straordinarie
I have translated this as:
Demerger by incorporation of a new company
Progetto di scissione mediante costituzione della nuova societa
- (name of company)
Data atto: ...
Scissione mediante costituzione di nuova societa:
- (name of company)
Data delibera: ....
Scissione mediante trasferimento del patrimonio nella/e societa:
- (name of co.)
Am I on the right track, or is it 'forming' instead of 'incorporation'?
Many thanks.
Demerger by incorporation of a new company
Progetto di scissione mediante costituzione della nuova societa
- (name of company)
Data atto: ...
Scissione mediante costituzione di nuova societa:
- (name of company)
Data delibera: ....
Scissione mediante trasferimento del patrimonio nella/e societa:
- (name of co.)
Am I on the right track, or is it 'forming' instead of 'incorporation'?
Many thanks.
Proposed translations
1 hr
Stefania Bertolini
United States
United States
Native in Italian
Works in field
United States
when accuracy matters
Native in: Italian (Variant: Standard-Italy) 
Works in: English to Italian, French to Italian, Italian to English
Related KudoZ points
:
4
demerger by establishing (or forming) a new company
I wouldn't use "incorporation". "demerger" sounds well to me!
5 hrs
Spin-off by incorporating a new company
Another alternative.
Peer comment(s):
| agree |
James (Jim) Davis
4 hrs
|
| disagree |
Michael Korovkin
: a splinter company is not an Inc. but an Ltd. so, at leat in Italian context you can't incorporate an Ltd. , that is Srl.
8 hrs
|
10 hrs
emanuela.v
Italy
Italy
Native in Italian
Works in field
Italy
Legal translations
Native in: Italian 
Works in: English to Italian, French to Italian, Italian to English, and 1 more.
dissolution and incorporation
a- when a company "ends" but immediately "begins" under a new form and name, it means that the company DISSOLVES and afterwards it establishes a new company, completely different from the old one.
b- this is different from incorporation: INCORPORATION means that there is another company that "receives" the old one. the companies were two, in the beginning, one dissolves and is incorporated by the other one.
You must use these expressions according to the text you are translating. I hope this explaination helps you.
b- this is different from incorporation: INCORPORATION means that there is another company that "receives" the old one. the companies were two, in the beginning, one dissolves and is incorporated by the other one.
You must use these expressions according to the text you are translating. I hope this explaination helps you.
49 mins
Michael Korovkin
Italy
Italy
Native in English
Works in field
Italy
Native in: English , Russian
Works in: Russian to English, English to Russian, Italian to Russian, and 2 more.
Related KudoZ points
:
105
Splitting the company by establishing a new business entity
If you are ABSOLUTELY sure that we are talking about an S.p.A. and not Srl, then you can use a business-slangier version: "Splitting the company by incorporating a new one".
Don't use "demerger": how do you know that the pre-split company was a result of the merger, or, even if so, that what splits now is what has been absorbed previously?
Cheers
--------------------------------------------------
Note added at 14 hrs (2009-02-05 12:18:55 GMT)
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dear Amy, if the new entity is a srl, than absolutely not "incorporating" (see my note of dissent to Peter). just use "setting up" or "establisjing" or "forming" - same difference. the problem with Peter's "spin-off" is not that the term is unfitting - rather! - but it'll lengthen the prase because you courn't really use it as a verb : "spinning off by forming another company" sounds, to me..., too colloquial in this context.
and, repeat, don't use the (very attractive) "demerger": youd've 2 demo a previous merger. Auguri!
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Note added at 16 hrs (2009-02-05 14:04:47 GMT)
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So, an inc splintered off an srl. That's abundantly clear.
So my answer holds. You absolutely can't use "incorporating".
Use "splitting the company by forming a spin-off enterprise" That'll be a hybrind between mine and Peter's answers... vive le transpollination!
Don't use "demerger": how do you know that the pre-split company was a result of the merger, or, even if so, that what splits now is what has been absorbed previously?
Cheers
--------------------------------------------------
Note added at 14 hrs (2009-02-05 12:18:55 GMT)
--------------------------------------------------
dear Amy, if the new entity is a srl, than absolutely not "incorporating" (see my note of dissent to Peter). just use "setting up" or "establisjing" or "forming" - same difference. the problem with Peter's "spin-off" is not that the term is unfitting - rather! - but it'll lengthen the prase because you courn't really use it as a verb : "spinning off by forming another company" sounds, to me..., too colloquial in this context.
and, repeat, don't use the (very attractive) "demerger": youd've 2 demo a previous merger. Auguri!
--------------------------------------------------
Note added at 16 hrs (2009-02-05 14:04:47 GMT)
--------------------------------------------------
So, an inc splintered off an srl. That's abundantly clear.
So my answer holds. You absolutely can't use "incorporating".
Use "splitting the company by forming a spin-off enterprise" That'll be a hybrind between mine and Peter's answers... vive le transpollination!
Note from asker:
| Hello Michael, re. your note, the document is a 'certificazione di iscrizione nella sezione ordinaria' from the Chamber of Commerce and gives the details of an SpA. Within these details is the section I haved typed up above which comes under the heading 'Operazioni Straordinaria'. The name of the company that I omitted from the above shows it is an Srl. So does this mean that the Srl has spun off/demerged/split from the SpA? |
| There are Articles of Association for the SpA in question, beginning with: E costituita una Societa per Azioni denominata xxx SpA. Does this help? |
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