Glossary entry (derived from question below)
Spanish term or phrase:
formalización judicial
English translation:
judicial confirmation (formalis(z)ation of the submission)
Spanish term
formalización judicial
estoy traduciendo unos estatutos y en su artículo 5 "Sumisión de los socios" dice lo siguiente:
Con salvedad de los casos en los que las leyes establecen un procedimiento especial de obligatoria observancia, las diferencias que puedan surgir entre los accionistas como tales, o entre estos y la Sociedad, o sus Administradores, seran dirimidas par tres arbitros en equidad, nombrados de conformidad con la Ley de 5 de diciembre de 1988.Para la ******formalización Judicial****** del compromiso, los socios con renuncia de su fuero propio si fuese otros, se someten a la jurisdicción de los Juzgados y tribunales de la Ciudad del domicilio social, siendo todos los gastos que la misma ocasione y los danos y perjuicios.
No tengo claro a qué se refiere "formalización" en este contexto: formalization/execution...
¿Alguna idea?
Mil gracias de antemano
3 +2 | judicial confirmation (formalis(z)ation of the submission) | Taña Dalglish |
3 +2 | judicial ratification; court putting its seal on .. | Adrian MM. |
Ref. | Taña Dalglish |
Oct 31, 2021 05:14: Taña Dalglish changed "Edited KOG entry" from "<a href="/profile/609894">Taña Dalglish's</a> old entry - "formalización judicial"" to ""judicial confirmation (formalis(z)ation of the submission) ""
Oct 31, 2021 05:14: Taña Dalglish Created KOG entry
Proposed translations
judicial confirmation (formalis(z)ation of the submission)
Spain and Commercial Arbitration.
Pls. see reference below to avoid repetition. "Formalización judicial del compromiso".
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Note added at 13 days (2021-10-31 05:13:57 GMT) Post-grading
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Thank you.
agree |
AllegroTrans
3 hrs
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Thanks.
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agree |
Yvonne Gallagher
6 hrs
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Thank you Yvonne. Hope all is well?
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judicial ratification; court putting its seal on ..
Taña D. beat me to the 'draw'.
A recent Dubai Court of First Instance (“Dubai CFI”) determined a ratification request in respect of an arbitration award issued by Dubai International .
In order to ratify an arbitral award, an application must simply be filed with the Chief Justice of the Court of Appeal.
Muchas gracias |
agree |
philgoddard
3 hrs
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Thanks Phil, for the 'sympacthy' vote.
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neutral |
Andrew Bramhall
: Downgrade to neutral, but far from he best options, and yours only a sympathy agree Phil;
6 hrs
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It's the 'better option' rather than the 'he best options' and, again, you as a non-lawyer, have learned something.
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agree |
AllegroTrans
6 hrs
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Thanks, Chris.
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Reference comments
Ref.
Spain and Commercial Arbitration https://repository.law.miami.edu/cgi/viewcontent.cgi?referer...
by FL Antón · 1989 — December 5, 1988 established a new era for commercial arbitra- ... judicial confirmation of the arbitration agreement, the contractual.
See page 7 onwards
2. Judicial Confirmation of the Submission
In contrast to a submission, a preliminary arbitration contract is not a prerequisite for the existence of arbitration. It is up to the parties to conclude an arbitral clause. If they do, the Law of 1953 acknowledges the binding force of this preliminary contract. If one of the parties refuses to execute the submission, or does not agree to the terms provided for in the preliminary contract, the other party may petition the judge to enforce the agreement to arbitrate. (19)
This judicial enforcement is known as the **judicial confirmation of the submission (formalización judicial del compromiso)**, a special procedure regulated by Article 10 of the Law of 1953. (20)
If a preliminary arbitration contract exists and one of the parties fails to execute a submission, or refuses to enter into a submission, and neither party requests judicial confirmation of the submission, then the preliminary arbitration contract is terminated.
F. The Submission
1. Requirements
A submission presupposes the existence of a dispute. Article 15 provides that "if a dispute does not exist, either because it never arose or because it has been settled by a judgment or has been extinguished by any other act, the submission shall be null and void" (principio de conservaci6n de las acciones procesales). For a submission to be valid, the subject matter of the agreement, the legal capacity of the parties, and the form of the submission must meet certain requirements.
19. In such a case, the judge before whom the preliminary arbitration contract is confirmed will indicate the issues to be settled by arbitration. Judgment of the Spanish Supreme Court, March 4, 1985.
20. If, as a result of such procedure, the judge refuses to confirm the agreement, the party entitled to request the judicial confirmation may reinstate his claim in ordinary proceedings (juicio ordinario). Even if the judge proceeds to confirm the preliminary arbitration agreement, the other party may still challenge the validity of such preliminary contract by filing appeals against the award rendered as a result of the agreement.
Not sure if this will shed any light regarding your query!
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Note added at 1 hr (2021-10-17 15:35:51 GMT)
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Also page 4 of the same link above.
B. Concept, Nature and Features of Arbitration
Article 2 of the Law of 1953 defines arbitration as "the institution by which one or more persons settle a dispute raised by others who had previously agreed to accept the decision."8 This concept embodies the approach that arbitration is an institution of a jurisdictional nature, as opposed to an institution of a contractual nature. Whereas the jurisdictional approach emphasizes the need for ***judicial confirmation of the arbitration agreement***, the contractual approach underscores the prominent role of the will of the parties to submit a dispute to arbitration.
Thank you, Taña, it makes good sense. Great references! |
agree |
Adrian MM.
: and with Phil G.'s subsequent noble sentiment. // Howbeit, you do mention arbitration agreement at the end of your popular ref.
4 mins
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Thank you. However, I see where you have posted your own "ratification" (by the Court), but I think it is part of the prior proceedings (a submission), so I am not entirely sure I agree with ratification. Thanks anyway.
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agree |
philgoddard
: Or formalization. You often post reference entries that should be answers!
10 mins
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Thank you, but I was still researching (see additional info now posted). I believe it is my choice however I chose to post as my focus clearly is quite distinct from yours.
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agree |
AllegroTrans
: would make a good answer
38 mins
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Thanks. The ref. is good enough for me! Asker's decision.
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agree |
Andrew Bramhall
: Yes, 'formalisation', 'clearance, etc;
2 hrs
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Thanks.
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Discussion
Es el mecanismo procesal previsto para que se constituya definitivamente la base convencional que permita el juicio arbitral cuando las partes no estén de acuerdo con la designación de los árbitros. Se procederá a instancia de parte y será competente el Juez de Primera Instancia del lugar donde deba dictarse el laudo. El actor se dirigirá por escrito al Juzgado, indicando las circunstancias concretas de la falta de acuerdo y acompañándolo de los documentos oportunos. El juez procederá conforme a las formalidades previstas para el juicio verbal. Caso de no haber acuerdo entre las partes, el juez designará a los árbitros mediante sorteo.