acuerdos preconcursales para grandes empresas ; Traditionally, bankruptcy procedures in Spain have been lengthy and costly … processes that have nearly always (95%) resulted in the liquidation of the insolvent firm. These dysfunctions became apparent … with the large increase in bankruptcy filings during the crisis that started in 2008 and the ensuing congestion of the …

This work has the aim of analyzing the influence of bank and trade debt in the duration of the process of bankruptcy in … Spain. To that end, a sample of 567 firms, that fill in bankruptcy between 2004 and 2009, is used. The results show a … different behavior between banks and trade creditors, considering the level of their debt and the type of bankruptcy resolution …