Novel dispersing resins, their preparation and their use for the dispersion of solids

The invention relates to dispersing resins for solid, obtainable by the partial or complete conversion of A) one or more amino-functional polymers with B) one or more polyesters of the general formulas (I) / (Ia) RC (O) - [OAC (O)] R and C) one or more polyethers of the general formula (II) / (IIa) R R and their use and their production of binder-containing or binder-free pigment pastes, coating materials, printing inks and / or print varnishes.