Glossary entry

Norwegian term or phrase:

nyde utlegg

English translation:

to enjoy a lien

Added to glossary by dmesnier
Jun 17, 2023 11:53
11 mos ago
12 viewers *
Norwegian term

nyde utlegg

Norwegian to English Law/Patents Finance (general) bankruptcy
Hi - I'm trying to find the English translation for this which appears in an explanatory text regarding bankruptcy and debt negotiation. It cites a legal gazette issue from 1895, thus the spelling is archaic.


Se fra praksis Rt. 1895.86, der den annen parts krav om å bli kjent «berettiget til som uprioriteret Kreditor at nyde Udlægg i [[boet]», ble forkastet

Thanks for your help!
Proposed translations (English)
4 to enjoy a lien

Proposed translations

1 hr
Selected

to enjoy a lien

It is the right of a creditor to have a priority claim on assets that are included in the estate of a debtor who has filed for bankruptcy.

So the translation of the segment will be
"Refer to the case law in Rt. 1895.86, where the opposing party's claim to be recognized as being 'entitled, as an unsecured creditor, to enjoy a lien in the estate' was rejected."
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks for your help!"
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search