Unitary insolvency proceeding was the core of insolvency code reformation, that has been in effect since 1991. This law replaced former bankruptcy code and compensation code. The pattern was set by American Chapter 11 US Bankruptcy codes. One of the main goals was to create legal system that...

There are three crises at the same time which severely threaten the national worldwide: The financial crises, a severe crisis of the automobile industry and as a consequence a global recession. The national governments analyzed very fast the causes and worldwide initiated programs to reduce its...

The global economy is getting through the deepest global economic crisis. This crisis involves almost all branches and companies. There are many ways and options how the companies can face the rapidly changed situation. The important thing is that managers should recognize the changes in the...