Glossary entry

Swedish term or phrase:

rekonstruktör

English translation:

administrator: reorganizer

Added to glossary by Charlesp
Sep 12, 2007 08:29
16 yrs ago
4 viewers *
Swedish term

rekonstruktör

Swedish to English Law/Patents Law (general)
person who does a reorganization of a company
Proposed translations (English)
5 -1 administrator
5 -1 reorganizer
4 -1 company doctor

Proposed translations

-1
1 hr
Selected

administrator

I find this the most convenient word for someone who proposes a company reconstruction (reorganisation in US).

--------------------------------------------------
Note added at 5 hrs (2007-09-12 13:41:18 GMT)
--------------------------------------------------

http://ec.europa.eu/enterprise/entrepreneurship/support_meas...

--------------------------------------------------
Note added at 5 hrs (2007-09-12 14:18:57 GMT)
--------------------------------------------------


There are many examples of the use of administrator for företagsrekonstruktör. The EU text (ec.europa.eu) is the best text on Swedish rekonstruktion that I have found. Below is from an American company:

Administration Order
An Administration order is a Court Order placing a company that is, or is likely to become, insolvent under the control of an Administration following a petition by the company, its directors or a creditor. The purpose of the order is to achieve a survival of the company’s business, allow a reorganization or ensure the most advantageous realization of its assets while protecting it from action by its creditors.
Administrator
A licensed insolvency practitioner appointed by the Court under an Administration order to achieve the purposes set out in the order. The Administrator will need to produce a plan, known as his proposals, for approval by the creditors to achieve the purpose.

http://www.federal-mogul.com/en/Investors/FinancialRestructu...
Peer comment(s):

disagree Sven Petersson : Please see my 1st reference! Combine it with yours and you will find that 'administrator' = 'trustee' = 'konkursförvaltare'. Charles has to distinguish between 'konkursförvaltare' and 'rekonstruktör'.
16 mins
See http://ec.europa.eu/enterprise/entrepreneurship/support_meas... They can't find a better word than administrator! It does NOT refer to bankruptycy.
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "I will say "administrator", as "reorganizer" is an uncommon word, and should be used only in certain instances, in particular legal documents."
-1
45 mins

company doctor

This term is widely used in a metaphoric sense (as well as literal). See ref for good explanation.
Peer comment(s):

neutral Sven Petersson : The court does not appoint a 'company doctor', it appoints a 'reorganizer'.
7 mins
disagree E2efour (X) : Not appointed by a court! I am, of course, assuming that we are talking about an officially appointed företagsrekonstruktör.
1 hr
Something went wrong...
-1
49 mins

reorganizer

:o)
Note from asker:
Thanks Sven. esp. for your note (under the response from another responder)
They may disagree, but I agree. Thanks!
Peer comment(s):

disagree E2efour (X) : Strange word!
58 mins
How so?
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search