to founder : Dictionary / Wörterbuch (BEOLINGUS, TU Chemnitz)

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	German	English
	Sollte bei dem mit dem Gesetz vom 16. Juli 1980 eingeführten Verfahren festgestellt werden, dass die Vermögenswerte des IFP nicht ausreichen, und es der Aufsichtsbehörde somit faktisch nicht möglich sein, mangels veräußerbarer Vermögenswerte die zur Begleichung der Schulden erforderlichen Mittel zu erschließen, wäre Frankreich zufolge das im Gesetz vom 16. Juli 1980 vorgesehene Verfahren beendet. [EU]	The procedure introduced by the Law of 16 July 1980 would then be implemented. Where necessary, the procedure could result in the supervising authority stepping into the shoes of the executive of IFP to take the decisions needed for the payment of its debts using IFP's resources. According to the French authorities, if the procedure introduced by the Law of 16 July 1980 were to founder for lack of assets at IFP, and if the supervising authority were therefore faced with an impossible task, not having any more assets to sell in order to generate the resources needed to pay the amount due, the procedure provided for by the Law of 16 July 1980 would be terminated.
The example sentences [G] were kindly provided by the Goethe Institute. Sentences marked by [EU] derived from DGT Multilingual Translation Memory. The European Commission retains ownership of the copyright in the original data.