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nyde utlegg

English translation: to enjoy a lien

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Norwegian term or phrase:nyde utlegg
English translation:to enjoy a lien
Entered by: dmesnier

11:53 Jun 17, 2023
Norwegian to English translations [PRO]
Law/Patents - Finance (general) / bankruptcy
Norwegian term or phrase: nyde utlegg
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!
dmesnier
United States
Local time: 12:56
to enjoy a lien
Explanation:
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."
Selected response from:

Sam Habach
United States
Local time: 13:56
Grading comment
Thanks for your help!
4 KudoZ points were awarded for this answer



Summary of answers provided
4to enjoy a lien
Sam Habach


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
to enjoy a lien


Explanation:
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."

Sam Habach
United States
Local time: 13:56
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
Thanks for your help!
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