model and tests the hypotheses derived by exploiting the introduction of a "fresh start" policy in Germany in 1999 as a …

This paper focuses on the legal environment, particularly the insolvency system, that would influence the success of … have to operate under a given insolvency regime after they acquire the bad assets, existing bankruptcy procedures have an …

The paper analyses options in case of insolvency. Although insolvency plans empirically are very successful, they are …

-liquidation insolvency proceedings, usually referred to as reorganization. Using the ECJ case law on the Directive, I conclude that although … capital do not present an insurmountable hurdle to the adoption of rational corporate insolvency law. As a side note, I also …

Sanierungswege, z. B. das eigenverwaltete Schutzschirmverfahren vor der Insolvenz und die Eigenverwaltung während des …With the introduction of the ESUG law, German insolvency legislation was reformed in 2012. It offers new proceedings … for enterprise re-organisation, both before insolvency and between the application for insolvency and the start of the …

Economic theory conjectures complementarities between the ranking of creditors in formal insolvency proceedings and the … paper we seek evidence for these hypotheses taking France and Germany as examples which differ significantly concerning the … the insolvency law, like culture and history. …