Glossary entry

Norwegian term or phrase:

karantenebetingende forhold

English translation:

voidability (avoidance-period transaction) factors

Added to glossary by dmesnier
Oct 7, 2023 19:49
7 mos ago
10 viewers *
Norwegian term

karantenebetingende forhold

Norwegian to English Bus/Financial Law (general) Bankruptcy
Hi - I'm trying to verify the EN translation for this. It appears in a bankruptcy estate report as follows:

Arbeidet har også søkt å avdekke om det er utvist straffbare og/eller karantenebetingende forhold, samt nærmere å klarlegge konkursårsaker og insolvenstidspunkt.

Thanks for your help!

Discussion

dmesnier (asker) Oct 10, 2023:
Thanks - so you are equating karantenebetingende forhold with omstøtelige forhold? The latter is used frequently in the document which I've been translating as "voidable" How about "disqualifying factors"?

Proposed translations

3 hrs
Selected

voidability (avoidance-period transaction) factors

straffbare forhold: criminal factors or circumstances.

konkurskarantene - limitation on the right to set up new limited companies, ordinary / general or limited partnerships or accept company directorships etc, including a lengthy exposition in Juridisk leksikon, Egil Gulbransen.

karantene: 1. quarantine 2. suspension (of company directors), NOR/ENG, Juridisk Ordbok, Patrick Chaffey. My own glossary: bankruptcy restriction, moratorium or freeze period.

Bankruptcy estate may work in AmE but if a 'konkursbo', it is likelier in E&W to be a receivership / corporate administration / US AmE Chapter... Bankruptcy or (Scots law) sequestration.

It's a long time (40 years) since I last came across 'quarantine' in this context - without the joker-suffix of'forhold', but I can't see a literal translation used Transatlantically or Down Under in Oz or NZ.
Example sentence:

Various regimes provide for a general restriction of the 2-year avoidance period + Bankruptcy 101: Voidable Tr The 2 key factors here are timing and consideration. The transfer must have occurred 5 years before the period of bankruptcy. Section 120(1)

Det vil bli igangsatt en gransking for å se om det foreligger straffbare- og karantenebetingende forhold, omstøtelige forhold ('voidable' dispositons, dealings or transactions, usually conducted within a certain time pre-bankruptcy)

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4 KudoZ points awarded for this answer. Comment: "thanks for your help!"
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