We study the mathematical properties of time-dependent flows of incompressible fluids that respond as an Euler fluid until the modulus of the symmetric part of the velocity gradient exceeds a certain, a-priori given but arbitrarily large, critical value. Once the velocity gradient exceeds this threshold, a dissipation mechanism is activated. Assuming that the fluid, after such an activation, dissipates the energy in a specific manner, we prove that the corresponding initial-boundary-value problem is well-posed in the sense of Hadamard. In particular, we show that for an arbitrary, sufficiently regular, initial velocity there is a global-in-time unique weak solution to the spatially-periodic problem. This is a joint result with Miroslav Bulíček.
