konkursordenen

English translation: the order of creditors in a liquidation

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Danish term or phrase:konkursordenen
English translation:the order of creditors in a liquidation
Entered by: Sven Petersson

06:39 Sep 30, 2018
Danish to English translations [PRO]
Law/Patents - Law (general)
Danish term or phrase: konkursordenen
related to bankruptcy law.

Maybe “the order of priority of creditors”.
Char
the order of creditors in a liquidation
Explanation:
From http://www.smithknudsen.dk/nyheder/dictionary/konkursorden/

Konkursorden
I det omfang en fallents midler rækker betales kreditorerne i en bestemt orden. Først boomkostningerne (massekrav), så sekundære massekrav (krav fra forsøg på at afværge konkurs med en samlet ordning), så betales privilegerede krav, først lønmodtagerkrav, og derpå afgifter, der opkræves på Statens vegne, så simple krav (almindelige kreditorer) og ved 100 % dividende evt. efterstillede krav (renter af kravene fra konkursdekretet o.lign.).
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Sven Petersson
Sweden
Local time: 20:11
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Summary of answers provided
4 +1the order of creditors in a liquidation
Sven Petersson


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Answers


3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
the order of creditors in a liquidation


Explanation:
From http://www.smithknudsen.dk/nyheder/dictionary/konkursorden/

Konkursorden
I det omfang en fallents midler rækker betales kreditorerne i en bestemt orden. Først boomkostningerne (massekrav), så sekundære massekrav (krav fra forsøg på at afværge konkurs med en samlet ordning), så betales privilegerede krav, først lønmodtagerkrav, og derpå afgifter, der opkræves på Statens vegne, så simple krav (almindelige kreditorer) og ved 100 % dividende evt. efterstillede krav (renter af kravene fra konkursdekretet o.lign.).

Sven Petersson
Sweden
Local time: 20:11
Native speaker of: Native in SwedishSwedish, Native in EnglishEnglish
PRO pts in category: 58

Peer comments on this answer (and responses from the answerer)
agree  Christine Andersen
13 hrs
  -> Thank you very much!
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