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    • Join Date: Jul 2005
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    #1

    correct vocabulary?

    Hello,

    is it possible to say "mutual set-off of claims" (or without "mutual"?) and "the company X has claims against the company Y"?

    Thank you in advance

    Hanka

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    #2

    Re: correct vocabulary?

    The first is OK, but without more context, I can't say whether you can omit mutual. With the second, what is the company doing? Is it suing?


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    #3

    Re: correct vocabulary?

    The second case also refers to the set-off of claims. It just says that a company X has claims against company Y and that these claims will be set-off against the claims of company Y against company X and, as a result, company X will have no liabilities against company Y.

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    #4

    Re: correct vocabulary?

    I'd say something like 'company X is making a claim/claims against company Y, which will be set off against company Y's claims against company X, cancelling each other out'.


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    #5

    Re: correct vocabulary?

    OK, thank you very much

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