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Persistent link: https://www.econbiz.de/10010790464
This paper starts from a discussion of the economic case for moderated government intervention in debt restructuring in the nonfinancial corporate sector. It then draws on lessons from past crises to explain three broad approaches that have been applied to corporate debt restructurings in the...
Persistent link: https://www.econbiz.de/10010790467
The object of this chapter is to explain the decline of the law of contract in matter of bankruptcy. The historical … evolution of the law of bankruptcy shows that this decline is gone by three phases : the phase of the natural law based on the … this decline has been begun approach by the growth of the judicial machine in matter of bankruptcy and then by the climbing …
Persistent link: https://www.econbiz.de/10011108491
In this article, we develop the various theories which explain the determinants of the bankruptcy of the entrepreneur …, the bad luck and the capacity to evaluate the risk of bankruptcy of the entrepreneur. We wonder on the economic bases of …
Persistent link: https://www.econbiz.de/10011108784