This policy paper explores airline restructuring and regulatory reform challenges and opportunities in the Southern … characterized by the dominance of troubled state-owned airlines which have been unable to generate meaningful positive returns for … turnaround strategies, albeit unsuccessful …

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 … and Creditor or Debtor Regimes Task Force (ICR Task Force) regarding the optimal approaches for treating MSME insolvency …

The World Bank Group assessed the insolvency and creditor/debtor regimes ('ICR') of Bulgaria pursuant to the joint IMF … procedures relevant to bankruptcy, restructuring, the creation and enforcement of pledges and other security interests over … institutions governing security rights over both immovable and movable assets need improvement. The bankruptcy legislation is …

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 … challenges of MSME insolvency; and considers if existing international standards are sufficient to address MSME insolvency …

survival of carriers is questionable in the short term. This could lead to bankruptcies of important African-based airlines … regulatory environment that restricts market access and the ownership and control of airlines, it could be a long time before … another airline fills the void left by a defunct airline in Africa. This challenge is further compounded by the difficulty of …