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and Creditor or Debtor Regimes Task Force (ICR Task Force) regarding the optimal approaches for treating MSME insolvency …Micro and small enterprise (MSME) insolvency is particularly likely to impact not only the business, but also the … frequently in the context of corporate insolvency. This report refines and expands on the earlier deliberations of the Insolvency …
Persistent link: https://www.econbiz.de/10012645571
In the last three years, household debt has risen by a third as disposable income declined. Declining interest rates, ease of access to credit for consumers and poorly regulated microfinance lending practices led to fast growth in consumer debt. Consumer lending in the banking and microfinance...
Persistent link: https://www.econbiz.de/10012646968
The World Bank Group assessed the insolvency and creditor/debtor regimes ('ICR') of Bulgaria pursuant to the joint IMF … immovable and movable property, and debt enforcement. The Bulgarian legal framework governing creditor/debtor relationships … institutions governing security rights over both immovable and movable assets need improvement. The bankruptcy legislation is …
Persistent link: https://www.econbiz.de/10012247258
Micro, small, and medium enterprises (MSMEs) are among the largest commercial users of insolvency systems. MSMEs are a … insolvencies. However, there are a very few specialized legal regimes for MSME insolvency; most jurisdictions treat MSME … them from large corporate entities); reviews and analyzes how legislation in different jurisdictions deals with the …
Persistent link: https://www.econbiz.de/10012247946
Persistent link: https://www.econbiz.de/10005639088
Diversification of the financial sector has been one of the central features of China's recent and rapid economic growth. This book traces the development of China's Trust and Investment Companies (TICs), the most numerous non-bank financial institutions to emerge in China, and their link to the...
Persistent link: https://www.econbiz.de/10005669761
Modern society has eliminated the inhumane debtors' prisons for handling the insolvent debtor and in their stead have … enacted benign modern laws in the area of bankruptcy. Unscrupulous merchants now use these benign laws for fraudulent purposes … about the important legal and institutional issues that are involved in bankruptcy reform in a critical region of the global …
Persistent link: https://www.econbiz.de/10005670000