GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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16:20 Feb 4, 2020 |
Swedish to English translations [PRO] Law/Patents - Law (general) | |||||||
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| Selected response from: Deane Goltermann Sweden Local time: 19:24 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +4 | continued operation |
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continued operation Explanation: 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. |
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