English translation of "reprise d'actif" - "sale of assets (to a new owner)"

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184 months ago

Geea (a guest user) asked this question:

Language pair:	French > English
Subject:	Business / Marketing / Financial
Level of diffculty:	Easy / medium
Word or term in question:	reprise d'actif
Context:	Il arrive parfois que l'entreprise déclarée en faillite soit reprise, en tout ou en partie
Keywords:	... , par un tiers (appelé généralement " le repreneur "). La réglementation assure certains droits aux travailleurs qui sont repris dans le cadre d'une reprise d'actif après faillite. Pour bénéficier de cette protection, la reprise d'actif doit intervenir dans un délai de 6 mois à partir du jugement déclaratif de faillite. /// Again, of course I understand the concept but just can't quite think how to word this...TIA.

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Complete list of answers and comments

184 months ago

dkmehta wrote:

Sometimes it so happens that the very firm declared bankrupt is reconstituted, in full or in part.

My comment:

Sometimes it so happens that the very firm declared bankrupt is reconstituted, in full or in part.

... by a third (generally called " the buyer "). Regulations endow certain rights on the workers, who are re-employed after bankruptcy as part of a resumption of assets. To take advantage of this protection, however, the resumption of assets must occur within 6 months of the adjudication order.

184 months ago

rhodie wrote:

restarted

184 months ago

rhodie wrote:

sale of assets (to a new owner)

My comment:

The concept of "reprise" is typically French, as they attach much more value to the continuity of a business than Americans do.

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