natgillin/translations-raw huggingface dataset:
Dekret nr. 68-369 af 16. april 1968 om fusion mellem kulindustrierne i Centre og Midi: »Samtlige formuegoder, rettigheder og forpligtelser for kulmineselskaberne, som således nedlægges, overføres automatisk til Houillères du bassin du centre et du midi«.
Decree No 68-369 of 16 April 1968, merging the Houillères du bassin du centre et du midi: ‘all the assets, rights and obligations of the abolished Houillères du bassin shall be transferred ipso jure to the Houillères du bassin du centre et du midi’.
Dekret nr. 69-69 af 24. januar 1969 om overførsel af ORTF: »Fra den 1. januar 1969 overføres løsøre og fast ejendom tilhørende office de coopération radiophonique samt virksomhedens rettigheder og forpligtelser til ORTF«.
Decree No 69-69 of 24 January 1969 relating to the transfer of the ORTF: ‘as from 1 January 1969, the movable and immovable assets, rights and obligations of the Office de coopération radiophonique shall be transferred to the ORTF’.
Dekret nr. 93-1176 af 13. oktober 1993 om opløsning af den offentlige virksomhed Opéra de la.Bastille, art. 2 »Den offentlige virksomhed Opéra de la Bastilles formuegoder, rettigheder og forpligtelser overføres til den offentlige virksomhed Etablissement public du parc de La Villette«.
Article 2 of Decree No 93-1176 of 13 October 1993, winding up the publicly owned establishment of l’Opéra de la Bastille: ‘the assets, rights and obligations of the Etablissement public de l’Opéra de la Bastille shall be transferred to the Etablissement public du parc de La Villette’.
Dekret nr. 2000-1294 af 26. december 2000 om opløsning af den offentlige virksomhed med ansvar for byplanlægning af den nye by Evry og overførsel af dens rettigheder og forpligtelser til Agence foncière et technique de la région parisienne, art. 2: »Aktiver og passiver for den offentlige virksomhed med ansvar for byplanlægning i den nye by Evry overføres på denne dato til Agence foncière et technique de la région parisienne« (…) »det påtager sig samtlige rettigheder og forpligtelser i forbindelse med den aktivitet, den offentlige virksomhed udøvede«.
Article 2 of Decree No 2000-1294 of 26 December 2000, winding up the Etablissement public chargé de l’aménagement de la ville nouvelle d’Evry and transferring its rights and obligations to the Agence foncière et technique de la région parisienne: ‘the assets and liabilities of the Etablissement public chargé de l’aménagement de la ville nouvelle d’Evry shall be transferred on this date to the Agence foncière et technique de la région parisienne’ […] . ‘it shall take over all the rights and obligations relating to the activity carried on by the Etablissement public’.
Dekret nr. 2004-186 af 26. februar 2004 om oprettelse af universitetet for organisations- og beslutningsvidenskab Paris-Dauphine »overføres universitetet Paris IX's formuegoder, rettigheder og forpligtelser til universitetet Paris-Dauphine«.
Decree No 2004-186 of 26 February 2004, creating the Université en sciences des organisations and bringing about the decision of Paris-Dauphine:‘the assets, rights and obligations of Université Paris IX shall be transferred to Université Paris-Dauphine’.
Lov nr. 80-495 af 2. juli 1980 om ændring af status for tobaks- og tændstiksindustrivirksomheden: art. 2: »Formuen tilhørende den offentlige erhvervsvirksomhed ved navn «service d’exploitation industriel des tabacs et allumettes » indskydes i det selskab, der oprettes i henhold til nærværende lov, på de nærmere betingelser, som fastsættes af den kompetente myndighed«.
Article 2 of Law No 80-495 of 2 July 1980, amending the legal form of the Service d’exploitation industrielle des tabacs et allumettes: ‘the assets of the EPIC known as Service d’exploitation industriel des tabacs et allumettes shall be transferred to the company created by this law, in accordance with the procedures laid down by the competent authority’.
Jf. ligeledes dekret nr. 80-1025 af 19. december 1980 vedrørende tilførsel af formuegoder, rettigheder og forpligtelser fra statens nationale markedskasse, offentlige myndigheder og virksomheder til selskabet ved navn CEPME.Lov nr. 88-50 af 18. januar 1988 om deling af den nationale landbrugskreditkasse, Caisse nationale de crédit agricole, art. 1: »Den nationale landbrugskasses formue og den fælles garantifonds formue overføres til selskabet, jf. ovennævnte stk. 1, som er indehaver af samtlige den nationale kasses og den fælles garantifonds rettigheder og forpligtelser med de garantier og sikkerhedsstillelser, der er knyttet hertil«.
See also Decree No 80-1025 of 19 December 1980 relating to the transfers of assets, rights and obligations from the Caisse nationale des marchés de l’Etat, des collectivités et établissements publics to the company known as CEPME.Article 1 of Law No 88-50 of 18 January 1988 relating to the mutualisation of the Caisse nationale de crédit agricole: ‘The assets of the Caisse nationale de crédit agricole and those of the Fonds commun de garantie shall be transferred to the company specified in paragraph 1, above — holder of all of the rights and obligations of the Caisse nationale and of the Fonds commun de garantie, together with the guarantees and sureties attached to them’.
Dekret af 19. april 1989, hvori Centre d’études des systèmes d’information des administrations bemyndiges til at indskyde samtlige sine formuegoder, rettigheder og forpligtelser i et aktieselskab ved navn Cesia og om opløsning af denne virksomhed.Lov nr. 92-665 af 16. juli 1992 om tilpasning af den gældende lovgivning om forsikring og kredit til det indre marked: indskud af samtlige den offentlige erhvervsvirksomhed Caisse nationale de prévoyance's formuegoder, rettigheder og forpligtelser i et aktieselskab.Dekret nr. 2001-1213 af 19. december 2001 om bemyndigelse af den offentlige statsvirksomhed ved navn »Agence pour la diffusion de l’information technologique« til at indskyde sin formue i et aktieselskab med samme navn og om opløsning af denne offentlige virksomhed og bemyndigelse af, at dette selskab overføres til den private sektor.
Decree of 19 April 1989, authorising the Centre d’études des systèmes d’information des administrations to transfer all of its assets, rights and obligations to the limited company Cesia and winding up this establishment.Law No 92-665 of 16 July 1992, adapting the legislation applicable to insurance and banking to the single European market: transfer to a limited company of all the assets, rights and obligations of the EPIC Caisse nationale de prévoyance.Decree No 2001-1213 of 19 December 2001, authorising the publicly owned State establishment Agence pour la diffusion de l’information technologique to transfer its assets to a limited company with the same name, winding up this public establishment and authorising the transfer of this company to the private sector.
Der kan henvises til eksemplet om nedlæggelsen af den nationale kasse for statsmarkeder, lokale myndigheder og offentlige virksomheder, Caisse nationale des marchés de l’Etat, des collectivités et établissements publics: Det hedder i dekret nr. 80-1025 af 19. december 1980, at den offentlige virksomheds formuegoder, rettigheder og forpligtelser indskydes i et aktieselskab (CEPME), og den offentlige virksomhed modtager aktier til gengæld.
The example may be referred to of the abolition of the Caisse nationale des marchés de l’Etat, des collectivités et établissements publics: Decree No 80-1025 of 19 December 1980 provides that the assets, rights and obligations of the publicly owned establishment shall be transferred to a public limited company (CEPME) and that the publicly owned establishment shall receive shares in exchange.
Herefter nedlægges den offentlige virksomhed ved dekret nr. 80-1076 af 23. december 1980, og dens formue overgår til staten.
Then, by Decree No 80-1076 of 23 December 1980, the publicly owned establishment shall be abolished and its assets transferred to the State.
Den samme mekanisme iværksættes ved nedlæggelsen af Agence pour la diffusion de l’information technologique (D nr. 2001-1213 af 19.12.2001).
The same mechanism shall be put in place for abolishing the Agence pour la diffusion de l’information technologique (Decree No 2001-1213 of 19 December 2001).
»Etablissements publics«, J-cl. admi. fasc.
‘Publicly owned establishments’, J-cl. admi. fasc.
F.eks. lov nr. 80-495 af 2. juli 1980 om omdannelse af tobaks- og tændstiksindustrivirksomheden til et nationalt selskab og lov nr. 96-660 af 26. juli 1996 om den nationale virksomhed France Télécom, art. 1: »Den i artikel 1 nævnte offentligretlige juridiske person France Télécom omdannes fra 31. december 1996 til en national virksomhed ved navn France Télécom, som staten direkte ejer over halvdelen af kapitalen i«. »Den offentligretlige juridiske person France Télécom's formuegoder, rettigheder og forpligtelser overføres automatisk pr. 31. december 1996 til den nationale virksomhed France Télécom«.
For example, Law No 80-495 of 2 July 1980 relating to the conversion of the Service d’exploitation des tabacs et allumettes into a national company; Article 1 of Law No 96-660 of 26 July 1996 relating to the national undertaking France Télécom: ‘The legal entity governed by ordinary law France Télécom, referred to in Article 1, shall be converted as from 31 December 1996 into a national undertaking to be known as France Télécom, more than half of whose share capital shall be held directly by the State’; ‘The assets, rights and obligations of the publicly owned legal entity France Télécom shall be transferred ipso jure, as per 31 December 1996, to the national undertaking France Télécom’.
Denne procedure er naturligvis den eneste mulige, når det er en statslig tjeneste med et tillægsbudget, der »omdannes« til et privatretligt selskab.
This procedure is obviously the only conceivable one when the service concerned is a state service that is supplied with an additional budget and that is ‘converted’ into a company governed by private law.
Lov nr. 93-1419 af 31. december 1993 om det nationale trykkeri, art. 1: »Alle statens rettigheder,« formuegoder og forpligtelser i forbindelse med serviceopgaver under tillægsbudgettet for det nationale trykkeri indskydes i et nationalt selskab ved navn »Imprimerie nationale« og senere art. 78 i den ændrede finanslov for 2001, nr. 2001-1276 af 28. december 2001, om omdannelse af tjenesten med national kompetence DCN til aktieselskab og tilførsel hertil af statens rettigheder, formuegoder og forpligtelser.
Article 1 of Law No 93-1419 of 31 December 1993 relating to the Imprimerie nationale: ‘All of the rights, assets and obligations of the State relating to the tasks of the departments concerned with the additional budget of the Imprimerie nationale shall be transferred to a national company to be known as Imprimerie nationale’; more recently, Article 78 of the amending Finance Law for 2001, No 2001-1276 of 28 December 2001, converting the DCN national service into a public limited company and transferring to it the rights, assets and obligations of the State that relate to the service.
Fremgangsmåden er den samme for ADP ved lov nr. 2005-357 af 20. april 2005 om lufthavne, art. 1: »Den offentlige virksomhed, Paris' lufthavne, Etablissement public Aéroports de Paris, omdannes til aktieselskab.
The same procedure was used for Aéroports de Paris (ADP) through Article 1 of Law No 2005-357 of 20 April 2005 relating to airports: ‘The publicly owned establishment Aéroports de Paris shall be converted into a public limited company.
Denne omdannelse medfører ikke oprettelse af en ny juridisk person og har heller ingen følger for de retsregler, medarbejderne er underlagt«.
This conversion entails neither the creation of a new legal entity, nor consequences for the legal arrangements to which the staff are subject’.
Jf. S. Carpi-Petit, Les successions en droit administratif, nævnt ovenfor, p. 207.
See S. Carpi-Petit, Les successions en droit administratif, cited above, p. 207.
Se fodnote 61.
See footnote 61.
Rettens dom i sagen EPAC mod Kommissionen, forenede sager T-204/97 og T-270/97, 2000, Sml. II, s. 2267, præmis 80 og 81.
Joined Cases T-204/97 and T-270/97 EPAC v Commission [2000] ECR II-2267, paragraphs 80 and 81.
Kreditvurdering er obligatorisk for virksomhedernes finansiering på kapitalmarkederne og bruges desuden stadig mere som reference for banklån.
The financial rating is a required step for obtaining funding for undertakings on the capital markets; in addition, it is increasingly used as a benchmark for bank lending.
Jf. i den forbindelse fodnoten s. 46 i beslutningen om indledning af proceduren.
In this regard, see footnote 46 to the opening decision.
Der er tale om Standard & Poor's og Fitch, som er to af verdens største kreditvurderingsbureauer.
Standard & Poor's and Fitch, two of the leading global rating agencies.
Uddrag af »Ratings direct« om La Poste, S & P, 3. april 2007: »In 1991, LP — previously part of the government bureaucracy- became an independent publicly owned entity with EP status, which ensures LP an ultimate state guarantee on its obligations, but not a timely and explicit guarantee as reflected by the rating differentiation between LP and the Republic of France.«
Extract from ‘Ratings direct’ on La Poste, S & P, 3 April 2007. Original in English.
Jf. pkt. 1.2, andet og fjerde led, i meddelelsen om garantier.
Second and fourth indents of Point 1.2 of the 2008 Guarantees Notice.
Jf. artiklen »Fitch confirme la note »AA« attribuée à La Poste «, Fitch Ratings, Paris/London, den 4. september 2009.
See article ‘Fitch confirme la note “AA” attribuée à La Poste ’, Fitch Ratings, Paris/London, 4 September 2009.
Jf. betragtning 2 i denne afgørelse.
See recital 2 of this Decision.
Uddrag af »International Postal Entities: Influence of government support on ratings«.
Extract from ‘International Postal Entities: Influence of government support on ratings’.
Standard and Poor ' s, 22. november 2004: »Category 2: notching down with respect to the state owner’s ratings.
Standard & Poor ' s, 22 November 2004: ‘Category 2: notching down with respect to the state owner's rating.
La Poste and Poste Italiane currently fall within this category«.
La Poste and Poste Italiane currently fall within this category’.
Standard and Poor ' s, 22. november 2004: »Unlike the credit quality of companies that operate in a commercial manner at arm's length from the government, like SingPost, Deutsche Post or TPG, a major factor underpinning La Postes robust credit quality is its extremely strong State support.
Standard & Poor’s, 22 November 2004: ‘Unlike the credit quality of companies that operate in a commercial manner at arm’s length from the government, like SingPost, Deutsche Post or TPG, a major factor underpinning La Poste’s robust credit quality is its extremely strong state support.
La Postes legal status confers the ultimate statutory guarantee of the Republic of France (AAAA/Stable/A-1+) on its obligations«.
La Poste’s legal status confers the ultimate statutory guarantee of the Republic of France (AAAA/Stable/A–1+) on its obligations’.
Den sidste nedskrivning af La Postes kreditvurdering blev foretaget den 21. januar 2009, kort tid efter at præsidenten for Den Franske Republik bebudede, at La Poste ville blive omdannet til aktieselskab. Vurderingen af La Poste blev sænket til A+, hvilket endnu en gang bekræfter, at La Postes status af offentligretlig virksomhed alt andet lige ganske rigtigt har stor indflydelse på vurderingen.
The most recent downgrade of La Poste’s rating took place on 21 January 2009, shortly after the President of the French Republic had announced the conversion of La Poste into a public limited company: La Poste’s rating was downgraded to A+, which once again confirms that La Poste’s status as a public entity does indeed have an important influence on the rating, ceteris paribus.
Uddrag af »Ratings direct« om La Poste, S & P, 3. april 2007: »S & P continues to follow a top-down rating methodology for La Poste — which allows for a government supported entity to be rated by up to two categories below the sovereign- as we expect the French state to remain La Postes 100 % shareholder in the medium term.
Extract from ‘Ratings direct’ on La Poste, S & P, 3 April 2007: ‘S & P continues to follow a top-down rating methodology for La Poste — which allows for a governement supported entity to be rated by up to two categories below the sovereign — as we expect the French state to remain La Poste’s 100 % shareholder in the medium term.
The ratings nevertheless already factor in the long-term likelihood of a change in the group's capital structure, which would require a change in its current »établissement public« legal status and result in the loss of the state ' s ultimate guarantee on LP ' s financial obligations, the elimination of which was recently recommended by the European Commission «.
The ratings nevertheless already factor in the long-term likelihood of a change in the group’s capital structure, which would require a change in its current ‘établissement public’ legal status and result in the loss of the state’s ultimate guarantee on LP’s financial obligations, the elimination of which was recently recommended by the European Commission ’.
Uddrag af »Ratings direct« om La Poste, S & P, 3. april 2007: »The EC recently recommended that the French government end this guarantee by year-end 2008, which they believe provides La Poste with more favorable financing conditions than its competitors in a market in the process of being liberalized.
Extract from ‘Ratings Direct’ on La Poste, S & P, 3 April 2007: ‘The EC recently recommended that the French government end this guarantee by year-end 2008, which they believe provides LP with more favorable financing conditions than its competitors in a market in the process of being liberalized.
The ratings on La Poste were unaffected by this recommendation since we consider that a change in La Postes status would not necessarily reflect a decrease in the strong state support that underpins La Postes ratings and that has been reaffirmed by recent government decisions«.
Original in English’.
Uddrag af »ADP news« af 21. januar 2009: »S & P lowers ratings on La Poste with negative outlook«… »The announced legal status and ownership change will give the company a greater autonomy from the government, which is why its rating has a four-notch differential with the rating on the Republic of France, rated AAA/A-1 + with a »stable« outlook.
Extract from ADP news dated 21 January 2009: ‘S & P lowers ratings on La Poste with negative outlook’ […] ‘The announced legal status and ownership change will give the company a greater autonomy from the government, which is why its rating has a four-notch differential with the rating on the Republic of France, rated AAA/A–1+ with a “stable” outlook.
S & P ' s »negative« outlook reflects concerns that the changes in the company ' s legal status and ownership, likely to take place in the next two years as part of a capital hike, could pressure the ratings.
S & P’s “negative” outlook reflects concerns that the changes in the company’s legal status and ownership, likely to take place in the next two years as part of a capital hike, could pressure the ratings.
These initiatives could limit the government ' s ability to provide the postal operator with exceptional support without improving its standalone profile in the short term, as the capital hike should not decrease La Postes debt relative to its cash generation «.
These initiatives could limit the government’s ability to provide the postal operator with exceptional support without improving its standalone profile in the short term, as the capital hike should not decrease La Poste’s debt relative to its cash generation ’.
Jf. afsnit 197 i de bemærkninger, Frankrig fremsendte den 23. januar 2008.
See point 197 of the observations submitted by France on 23 January 2008.
»Rating Government-Related Entities: A Primer«.
‘Rating Government-Related Entities: A Primer’.
Standard and Poor ' s, 14. juni 2006.
Standard & Poor’s, 14 June 2006.
Jf. ligeledes »Ratings direct« om La Poste, S & P, 3. april 2007: »The entities' credit standing is linked to that of the government, but ratings can be notched down from those on the State by up to two categories as the financial links between these companies and the state may be increasingly subject to change in the medium or long term« (…) (Virksomhedernes kreditstandard er knyttet til statens, men kreditvurderingerne kan nedskrives med to kategorier, såfremt de finansielle forbindelser mellem den pågældende virksomhed og staten kan udvikle sig på mellemlang eller lang sigt).
See also ‘Ratings Direct’ on La Poste, S & P, 3 April 2007: ‘The entities’ credit standing is linked to that of the government, but ratings can be notched down from those on the State by up to two categories as the financial links between these companies and the state may be increasingly subject to change in the medium or long term’.
Uddrag af »Ratings direct« om La Poste, S & P, 3. april 2007: »In 1991, La Poste became an independent publicly owned entity with Etablissement Public status, which ensures La Poste an ultimate State guarantee on its obligations, but not a timely and explicit guarantee as reflected by the rating differentiation between La Poste and the Republic of France«.
Extract from ‘Ratings Direct’ on La Poste, S & P, 3 April 2007: Original in English.
Uddrag af »Ratings direct« om La Poste, S & P, 3. april 2007: »The EC recently recommended that the French government end this guarantee by year-end 2008, which they believe provides La Poste with more favorable financing conditions than its competitors in a market in the process of being liberalized.
Extract from ‘Ratings Direct’ on La Poste, S & P, 3 April 2007. ‘The EC recently recommended that the French government end this guarantee by year-end 2008, which they believe provides LP with more favorable financing conditions than its competitors in a market in the process of being liberalized.
The ratings on La Poste were unaffected by this recommendation since we consider that a change in La Postes status would not necessarily reflect a decrease in the strong state support that underpins La Postes ratings and that has been reaffirmed by recent government decisions«.
The ratings on La Poste were unaffected by this recommendation since we consider that a change in La Poste’s status would not necessarily reflect a decrease in the strong state support that underpins La Poste’s ratings and that has been reaffirmed by recent government decisions’.
Uddrag af »Ratings direct« om La Poste, S & P, 3. april 2007: »A change in the group's ownership structure would lead Standard and Poor's to shift to a bottom-up rating approach, focusing more on La Postes stand-alone business and financial profiles. This rating approach may not necessarily translate into rating changes given the expected improvement in La Postes stand-alone situation in the coming years« (En ændring i koncernens ejerskabsstruktur vil få Standard and Poor ' s til at gå over til en bottom-up-kreditvurderingsmetode, der i højere grad fokuserer på La Postes egne kommercielle og finansielle profiler.
Extract from ‘Ratings Direct’ on La Poste, S & P, 3 April 2007: ‘A change in the group’s ownership structure would lead Standard & Poor’s to shift to a bottom-up rating approach, focusing more on LP’s stand-alone business and financial profiles.
Denne vurderingsmetode vil ikke nødvendigvis give sig udslag i en ændring af kreditvurderingen på grund af den forventede forbedring i La Postes egen situation i de kommende år).
This rating approach may not necessarily translate into rating changes given the expected improvement in La Poste’s stand-alone situation in the coming years’.
Uddrag af »Ratings direct« om La Poste, S & P, 3. april 2007: »The ratings on La Poste could be downgraded, however, if state backing for the company were to weaken« (kreditvurderingen for La Poste kunne imidlertid blive nedskrevet, hvis statens støtte til virksomheden blev svækket).
Extract from ‘Ratings Direct’ on La Poste, S & P, 3 April 2007: ‘The ratings on La Poste could be downgraded, however, if state backing for the company were to weaken’.