Glossary entry (derived from question below)
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 | Deane Goltermann |
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.
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.
4 KudoZ points awarded for this answer.
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