Glossary entry (derived from question below)
Spanish term or phrase:
Patrimonios autónomos de remanentes
English translation:
Stand-Alone Residual Funds
Spanish term
Patrimonios autónomos de remanentes
"Liquidaciones y Patrimonios Autónomos de Remanentes del Sector de Telecomunicaciones y Postal"
La hoja de vida no provee mayor contexto por lo que no he podido encontrar una traducción que se ajuste.
Gracias por su colaboración.
Jan 13, 2021 21:54: Adrian MM. Created KOG entry
Proposed translations
Stand-Alone Residual /Pool/ Funds
Patrimonios autónomos > 'autonomous assets' : West.
This question rings bells from the problem of how to deal with surplus funds on the dissolution of unincoporated associations, albeit in the English law of equity and trusts - see Steve H's answer and the ref. to a Trust Deed in the second example sentence.
If the rules contain an express term determining how surplus is to be divided on dissolution, this term is binding on the association members.
Residual Fund means all *monies* or Shares directed to be held as part of the Residual Fund or for which no specific provision is made (other than under Clause 14 of the Trust Deed)
http://www.proz.com/kudoz/spanish-to-english/bus-financial/703688-patrimonios-autónomos.html
http://digestiblenotes.com/law/trusts/unincorporated_associations.php
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philgoddard
: This looks more like it, but because of your punctuation I'm not clear what your answer is. And it shouldn't have initial capitals - it's not a proper noun.
18 hrs
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Then see the glossary entry for the answer picked. It should have all initial caps as that's the way the Spanish title is quoted, primarily to show that the Funds are not a cash stream but a pool, as highlighted by the punctuation.
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Francois Boye
: I have just found it:Patrimonios Autónomos = wealth under management; remanentes = undistributed profits in Spanish accounting
22 hrs
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independent assets/equity of remaining funds
residuary trusts
Settlements and residuary trusts from the Telecommunications and Postal sectors.
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philgoddard
: I associate this with estate law rather than insolvency.
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Adrian MM.
: Thanks for the idea of ... held on residuary trust > which is a scheme an Anglo-Am. court would certainly be asked about by Counsel on dissolution of an unincorporated association. Phil G. may have meant law of trusts rather than estate management law.
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Thanks Adrian. My pleasure! — Yes, that's what I think too.
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Discussion
http://www.issliquidado.com.co/quienes-somos/acerca-del-p-r-...