In India, the term ‘sick units’ refers to economically unviable firms which are kept alive ‘in the public interest’ by …, this phenomenon is referred to as industrial sickness. As of March 2001, the Reserve Bank of India counted over a quarter ….2 percent of Indian GDP. Recognizing that scarce resources are wasted on a great scale, the Government of India enacted special …

Apart from an extensive survey of the literature on the economics of corporate bankruptcy law, this thesis contains … be specified, and it will be shown how investors can be induced to implement it by means of an optimal bankruptcy code in … the case where only standard financial contracts are available. The theory explains why bankruptcy law should, in some …

generelle R?ckstufung von Gesellschafterdarlehen nach dem MoMiG in der Insolvenz zu finden und modelltheoretisch zu analysieren … richtiger Ansatzpunkt f?r eine Rechtfertigung des Nachranges von Gesellschafterdarlehen in der Insolvenz sein kann, nicht jedoch …The economic reasons for the legal subordination (MoMiG) of shareholders' loans in the insolvency of a company are …

outline key strategies adopted by two major banks in respect of formal insolvency, the “tip” of a considerable debt recovery … draws on empirical research that has charted the effect of the Insolvency Act 1986 as regards individual debtors … centralisation and outsourcing policies against the critical risks in insolvency. It also suggests that the bargaining power of major …

Under UK Insolvency law creditors face a strategic choice when dealing with someinsolvent individual debtors. Since … 1986 Individual Voluntary Arrangements (IVAs) havebeen available to return better recoveries than bankruptcy but returns … probity of the insolvency profession. Consistent use of successful strategiescould both increase the acceptance and incidence …

period the nature of the banks’ “safety net”, the sanction of insolvency proceedings has changed too. The effect of this is …

the Spanish bankruptcy system relative to that of an alternative insolvency institution, the mortgage system, and the … a hypothesis to explain why Spain has one of the world’s lowest business bankruptcy rates, even during the current … unattractiveness of the personal bankruptcy law ; Utilizando una amplia base de datos de más de 1 millón de empresas españolas …