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separatistrett

English translation: right of secured creditor

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Norwegian term or phrase:	separatistrett
English translation:	right of secured creditor
Entered by:	Leif Henriksen

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21:25 Apr 19, 2011

Norwegian to English translations [PRO]
Bus/Financial - Accounting / Bankruptcy

Norwegian term or phrase: separatistrett

The term appears in the following sentence: "XXX... vurderer disse midlene som... et reelt ubetinget krav i kraft av YYY's påberopte separatistrett overfor boet"

Any suggestions would be appreciated. The target language is US English.
aj

WTSTranslations KudoZ activity Questions: 110 (9 open) (6 without valid answers) (12 closed without grading) Answers: 452 United States
Local time: 18:33

right of secured creditor

Explanation:
Fra Wikipedia:
Separatistrett innebærer:
1.Særrett til et bestemt formuesgode i konkursbo på grunnlag av eiendomsrett til dette formuesgodet.
2.Det å ha en vernet rettighet som i utgangspunktet står seg selv om debitor går konkurs.
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Tilsvarende vil en kreditor som har slike spesielle rettigheter i USA kalles 'secured creditor'.

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Note added at 1 hr (2011-04-19 22:42:18 GMT)
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hmmm - kanskje heller 'rights of secured creditor'