in geval van samenloop

21:19 Aug 22, 2017 

"(c) an insolvency shall be deemed to include a gerechtelijke reorganisatie / réorganisation judiciaire, faillissement / faillite and any other concurrence between creditors (samenloop van schuldeisers / concours des créanciers);"

(http://investors.albemarle.com/mobile.view?c=117031&v=202&d=... )

21:19 Aug 22, 2017 

In geval van opening van een insolventieprocedure (Zoals onder
andere faillissement, gerechtelijke reorganisatie of vereffening), van
een beslag of enig ander geval van samenloop, heeft
schuldvergelijking van rechtswege plaats tussen de wederzijdse
schuldvorderingen van partijen - niettegenstaande elke overdracht van
deze rechten - zonder voorafgaande ingebrekestelling of gerechtelijke
beslissing.

=

In case of the opening of insolvency proceedings (such as bankruptcy,
judicial reorganization or settlement), seizure or any other case of
concurrence, mutual debts between parties are set off automatically –
notwithstanding any transfer of such rights - without preliminary formal
notice or judicial decision.

(http://www.ferromatrix.be/public/uploads/files/General condi... )

21:15 Aug 22, 2017 

"Concursus debiti et crediti - Concourse or concurrence of debt and credit: a prerequisite of a plea of compensation, which can be founded only where each party is debtor and creditor, each in his own right, at the same time. See ‘Compensation’ and ‘Set-off’."

(http://www.govanlc.com/debtdictionary.htm )

+

Le Docte:

samenloop van schuldeisers
FR: concours (m) de créanciers
EN: concurrence of creditors
DE: Gläubigerkonkurrenz f

beding van samenloop van schuldvorderingen
FR: réserve (f) de concurrence entre créanciers; clause (f) de concours entre créanciers; clause (f) de concours de créances
EN: clause of concurrence of debt
DE: Pro rata sharing-Klausel f; Teilungsklausel f

samenloop (2) de [burgerlijk recht, strafrecht]
FR: concours m
EN: concurrence
DE: Zusammentreffen n; Konkurrenz f

20:05 Aug 22, 2017 

Eerder dan het daadwerkelijk tegelijk optreden van meerdere schuldeisers (wat de letterlijke betekenis is van samenloop van schuldeisers, concursus creditorum), is samenloop dus elke situatie waarin een, meer of alle activa van een schuldenaar aan een collectieve realisatie worden onderworpen, anders gezegd met een collectief recht van de schuldeisers worden bezwaard, zodat hun onderlinge rechten op die activa gefixeerd zijn, en daartoe onder bewind worden gesteld.
https://www.law.kuleuven.be/personal/mstorme/vermogensrecht2...

20:01 Aug 22, 2017 

2. Definitie van samenloop

Traditioneel wordt samenloop gedefinieerd als de situatie waarin meerdere schuldeisers verhaal nemen op dezelfde activa. Iets scherper gesteld is het echter de situatie waarin de realisatie van schuldvorderingen - het zakelijk recht dat een schuldeiser verkrijgt op activa van de schuldenaar - een collectief karakter heeft omdat alle schuldeisers, ongeacht of zij bij de handeling die een realisatie uitlokt betrokken zijn of niet, geacht worden gelijktijdig te realiseren. De activa worden onder bewind gesteld, precies om de schuldeisers de kans te geven deel te nemen aan de collectieve realisatie en dus in gelijke datum te komen als de andere schuldeisers. Het aandeel van elke schuldeisers op de opbrengst van die activa wordt daarom reeds op die datum in abstracto gefixeerd (...).
https://www.law.kuleuven.be/personal/mstorme/vermogensrecht2...

17:13 Aug 22, 2017 

I specialize in Belgian / EU legal translations and largely operate in the Flemish language market through our local Embassy. Much of my work in this domain is cross referenced with our US counterpart Louisana, as you may have witnessed on several posts in the past. This, largely due to the borrowings from French law that are modeled after and reflected in Belgian law and US law respectively, and the fact that I also work in French pro re nata. That said, I am primarily viewing this from the perspective of someone with a Flemish/French/English vocabulary set and gave little regard to terms that may be used in practice in The Netherlands. Nonetheless, skill in these areas gives me the footing to find useful anecdotes rooted in familiar terminology/legalese in English language markets rather easily, although I woefully cannot speak for the UK. Hence, my remark "Here [in the US] we call it concursus".

Additionally, this question was posed about 5 years ago, and I gave the same response to "samenloop" and multiple others agreed. I have expounded upon that with considerable authoritative material below. I always appreciate your contributions, however, these are dangerous assumptions.

15:58 Aug 22, 2017 

Let's agree to disagree. We're talking Belgian law here (which you seem to be overlooking). I'm almost 100% certain that the source text quoted is about situations where the client is either manifestly insolvent (cf. kennelijk onvermogen) or financially distressed (cf. samenloop/concours, a concept from Belgian insolvency & secured transactions law that is usually compared to 'concursus creditorum' and that implies, among other things, that the relevant encumbered assets have been 'onder bewind gesteld').

I think I have provided enough references with relevant explanations/definitions and/or similar examples in support of this interpretation so I'll leave at it this.

15:29 Aug 22, 2017 

It could be concursus actionem, concursus realis, concursus idealis, concursus creditorum, concursus delictorum.... a number of types of concursus situations. For example, if a client is entangled in lawsuits or convicted of a crime, does that absolve them of their debts? Could it be grounds for ending the business relationship or contract termination? These are the questions I am asking, but for some reason the focus seems to be too narrow on the "creditorum" aspect. I'm just focusing on "samenloop"

15:19 Aug 22, 2017 

But continue.

15:08 Aug 22, 2017 

It says 'samenloop of kennelijk onvermogen van de klant' which basically means so much as 'samenloop (aan de zijde van de klant) of kennelijk onvermogen aan de zijde van de klant'.

And indeed, no specific reference is being made to 'schuldeisers' but I have very little doubt that 'samenloop' is used here with the meaning 'concursus creditorum', for the reasons already mentioned in my earlier entry (and backed up by the various examples in my reference comment).

So 'concursus', or more fully 'concursus creditorum', might indeed be a good option if you want to avoid using an English term for a typically Belgian notion that has no exact counterpart in the other European jurisdictions. I personally would also include the original term in the translation (in italics and between brackets).

See f.i. the various references to samenloop, concours and concursus creditorum in https://tinyurl.com/ybh3ppeg.

14:38 Aug 22, 2017 

(or implies, rather) samenloop van de klant

I don't see any mention of schuldeisers (i.e. "samenloop van schuldeisers"). That said, I am hard pressed to see how is that implied or intrinsic to the term "samenloop". "Samenloop" serves on its own standing and "kennelijk onvermogen" does as well, from what I am reading. The "of" does not serve to provide an alternative explanation of the previous term. If that were the case, would it not use "ofwel" or "dan wel"? Consider that in your parsing of the term, Richard.

Here - we call it a concursus.

14:24 Aug 22, 2017 

In combinatie met 'kennelijk onvermogen' (insolvency) denk ik hier bij 'samenloop' toch eerder aan 'concurrence' of 'composition with creditors' dan aan de betekenis die deze term heeft in het aansprakelijkheidsrecht (zie jouw eerste bijdrage in de D-box).

Zie ook de definitie van 'samenloop' die ik aan mijn reference comment heb toegevoegd.

12:52 Aug 22, 2017 

https://en.wikipedia.org/wiki/Composition_with_creditors

Composition with Creditors

A contract made by an insolvent or financially pressed debtor with two or more creditors in which the creditors agree to accept one specific partial payment of the total amount of their claims, which is to be divided pro rata among them in full satisfaction of their claims.

A composition with creditors is an agreement not only between the debtor and the creditors but also between the creditors themselves to accept less than what each is owed. It is a contract and such an arrangement is largely governed by contract law. There must be a meeting of the minds or mutual assent between the debtor and the creditors before a composition is created. A debtor must accept an offer by the creditors to accept partial payment of the amounts outstanding in order for the composition to be binding. The creditors themselves must also agree to the amount they will accept in satisfaction of their claims. They rely on mutual concessions of their rights to full payment in order to further the common purpose of securing their claims.

12:49 Aug 22, 2017 

so I suppose that makes it 'in breach of non-contractual obligations'

12:47 Aug 22, 2017 

so,

samenloop Fr.: concours : aansprakelijkheidsrecht - situatie waarbij een tekortkoming van één partij aan zijn contractuele verplichtingen tevens een inbreuk vormt op de algemene zorgvuldigheidsplicht (buitencontractuele aansprakelijkheid), d.i. ~ van contractuele en buitencontractuele aansprakelijkheid Zie ook: onderdeel aansprakelijkheid onderdeel buitencontractuele aansprakelijkheid/quasi-delictuele aansprakelijkheid tegenstelling coëxistentie

17:45 Aug 21, 2017 

or is it NL this time?