Glossary entry

Swedish term or phrase:

vidaredrift

English translation:

continued operation

Added to glossary by Rosica Dimitrova
Feb 4, 2020 16:20
4 yrs ago
13 viewers *
Swedish term

vidaredrift

Swedish to English Law/Patents Law (general)
En vidaredrift i konkursboets egen regi bevarar i de flesta fall värdena i konkursboet bäst och av den anledningen har advokatbyrån särskilt byggt juridiska och administrativa rutiner för att hantera vidaredrifter.
Proposed translations (English)
4 +4 continued operation

Proposed translations

+4
1 hr
Selected

continued operation

Fairly sure this is how your term is talked about in many contexts.

Many jurisdictions have come to the realisation that employing rescue strategies to tackle insolvency requires finding a way of funding the business of the company until a favourable outcome can be achieved.7 UNCITRAL recognized this fact when it stated that new finance is a vital requirement needed to ensure the continued operation of the business while its future is being determined."
at https://pdfs.semanticscholar.org/6c19/8193fec65f850df11cfba4...

Otherwise, search "continued operation" + "insolvency" to see what you find.
Peer comment(s):

agree Adrian MM. : a neat answer to a conundrum of continuing ops. or continuous trading, if indeed a trading entity.
21 mins
Thanks, Adrian! The variability of the English language!
agree Agneta Pallinder
16 hrs
Thanks, Agneta!
agree Norskpro
16 hrs
Thanks!
agree Charlesp
1 day 17 hrs
Thanks, Charles!
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4 KudoZ points awarded for this answer.
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