Translation of "to administer one's main interests " (English → French) :

This Regulation enables the main insolvency proceedings to be opened in the Member State where the debtor has the centre of its main interests.

In the event that the court seised of the request to open insolvency proceedings finds that the centre of main interests is not located on its territory, it should not open main insolvency proceedings.

except where it is reasonable to conclude that one of the main reasons for the acquisition of one or more properties by the partnership, or for the acquisition of one or more interests in the partnership by limited partners, is to avoid the application of this subsection, or

We knew it would not win us any popularity contests, but we felt in all conscience that when one has a country to administer, one must do so objectively, and with the conviction that the best interest of the country is being served.

The centre of the main interests of a debtor company is presumed to be the place of the registered office where the debtor regularly administers its interests.

This right would make it possible for a manufacturer to prevent the non-authorized extraction and/or the re-utilization of the whole or a substantial part of the contents of a database - without prejudice, however, to application of the rules of competition (especially as regards the abuse of dominant positions and abusive practices. The protection granted by this right would apply for fifteen years after the completion of a database. The Member States would have the option of providing for certain exceptions to the sui generis right, in particular as regards extractions for private purposes or illustration in teaching. Under the common position, the sui generis right could be extended to databases manufactured in third countries, on the ba ...[+++]sis of reciprocal agreements. The Member States should transpose the Directive into their national legislation before 1 January 1998. CONVENTION ON INSOLVENCY PROCEEDINGS The Council - noted the agreement of fourteen delegations on the current draft text of the Convention; - instructed the Permanent Representatives Committee to continue its proceedings and seek bases for rapprochement such that unanimous agreement could be reached and to prepare the explanatory report awaited for final approval by the Council. The draft Convention is based on the principle of attenuated universality, i.e. on an approach based on main insolvency proceedings opened in the Contracting State in which a debtor has the centre of his main interests and the possibility of opening secondary or territorial proceedings wherever he is established. The main proceedings would produce effects in all the Contracting States and the territorial and secondary proceedings would produce effects restricted to the territory of the Contracting State where they were opened. This approach represents a compromise which endeavours to take into account the various legal traditions in the Member States.