Translation of "Beschränkung der haftung" in English

A limitation on auditor liability would reduce this risk.

Such limitation of liability includes:

The curator may not waive the limitation of the liability of the heir.

The restriction of the adhesion on the corporate assets is not possible.

The restriction of liability obviously apply to our sub-contractors, agents or other subsidiaries in delivery.

Let me just say a few words on the question of limiting auditor liability.

The CLNI limits third-party liability for inland waterway vessels.

Some jurisdictions may not allow the exclusion or limitation of liability for consequential or incidental damages.

Penalties for discharges of polluting substances from ships are not related to the civil liability of the parties concerned and are thus not subject to any rules relating to the limitation or channelling of civil liabilities, nor do they limit the efficient compensation of victims of pollution incidents.

As your report emphasises, the Commission has already adopted the recommendation on quality assurance and the recommendation on the limitation on the civil liability of statutory auditors.

The recommendation on the limitation on the civil liability of statutory auditors is part of a strategy to reduce the concentration in the auditing market.

The European Parliament is asking the Commission to assess the national laws transposing the directive and to inform it of the effects of the measures taken by the Member States in the wake of the recommendation on the limitation on the civil liability of auditors.

This Convention does not modify the rights or duties of the carrier provided for in international conventions or national law relating to the limitation of liability of owners of inland navigation or maritime vessels.

As Mrs van den Burg said, and I believe that Mr Wurtz also highlighted the point in his criticism of the proposal, the European private company statute, as conceived in the Commission proposal and as approved within the Committee on Legal Affairs, is an instrument for the creation of undertakings which may be large and which have certain characteristics, such as limitation of the liability of the partners and the prohibition on trading in these undertakings on public markets.

This minimum corresponds to the standards of the Convention on Limitation of Liability for Maritime Claims (in its 1996 version), standards that are, I might add, sufficient in most cases.

We can see this in the right-wing amendments submitted, which seriously limit liability.

The second reason why we will be voting in favour is that this House will be able to get the Commission to examine to what extent limited liability, as provided for in international conventions, is at present possible when goods are transported by sea.

Nothing in this Convention affects the application of any international convention or national law regulating the global limitation of liability of vessel owners.

If the carrier and shipper expressly agreed that the goods would be carried under deck, the carrier is not entitled to the benefit of the limitation of liability for any loss of, damage to or delay in the delivery of the goods to the extent that such loss, damage, or delay resulted from their carriage on deck.

In that context, the minimum characteristics of contests should be laid down, in particular the arrangements for paying the prize to the winners after its award, and the appropriate means of publication It is also necessary to establish a clearly defined award procedure, from submission of the applications to the provision of information to applicants and notification of the winning applicant, which mirrors the grant award procedure.

The EESC recommends that the Commission take all necessary steps to ensure that the existing IMO Conventions are ratified promptly by all EU Member States, particularly the 1996 Convention on Limitation of Liability for Marine Claims (LLMC).

The organiser may not invoke unavoidable and extraordinary circumstances to limit the liability under paragraph 7 of this Article if the relevant transport provider may not rely on such circumstances under applicable Union legislation.

Examples mention the full responsibility of suppliers for hidden defects (vices cachés) under French case law, and the mandatory impossibility, under Czech law, of restricting contractual liability for future damages.

The Commission proposes that under a revision of the CLC the pecuniary liability of the shipowner shall be unlimited, if it is proved that the pollution damage resulted from gross negligence in his part.

The Commission proposes that all Member States ratify the 1996 Convention on the Limitation of Liability for Maritime Claims as soon as possible and in any case before the end of the transposition period for this Directive.

This represents an important increase compared to the previous applicable limit of EUR 53 665 (46 666 SDR) in the Athens Convention 1974 and EUR 201 250 (175 000 SDR) laid down both in a subsequent revision of the Athens convention (1990 Protocol to the Athens Convention) and in the 1996 Protocol to the Convention on Limitation of Liability for Maritime Claims (LLMC).

For the other types of pollution and damage to third parties, there is a general system established by the 1976 Convention on Limitation of Liability for Maritime Claims, as amended by the 1996 Protocol (the “1996 Convention”).

In the maritime context, the 1990 Protocol to the Athens Convention, increased the limit substantially up to 175.000 SDR (€ 250.000), which corresponds to the overall limit laid down for passenger ships in the 1996 Protocol to the Convention on Limitation of Liability for Maritime Claims (LLMC).