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The0501n objective of the new Bankruptcy Act (Bill C-22) is to promote the use of financial reorganization in order to …, that there are several reasons to believe that encouraging firms that would otherwise have opted for bankruptcy to …
Persistent link: https://www.econbiz.de/10005168996
The global financial crisis has demonstrated weaknesses in resolution regimes for financial institutions around the globe, including in the European Union (EU). This paper considers the principles underlying resolution regimes for financial institutions, and draws out how a well-designed...
Persistent link: https://www.econbiz.de/10008528635
В статье рассматриваются различные подходы к выявлению и регулированию проблем несостоятельности предпринимательских групп. Выдвинутые предложения...
Persistent link: https://www.econbiz.de/10011239161
implementation of the insolvency, more precisely the reorganization and bankruptcy proceedings and the second part, where we made a …
Persistent link: https://www.econbiz.de/10011195786
Persistent link: https://www.econbiz.de/10008925945
We study the restructuring process of small and medium-sized firms in financial distress. We have a unique dataset with firms in the Netherlands that are guided in their restructuring effort by banks. Part of our dataset consists of firms that successfully restructure their operations and...
Persistent link: https://www.econbiz.de/10010731431
pregnant employee, in another situation than that of a reorganization or bankruptcy, even when the employee informed her …, than in case of a reorganization or bankruptcy, showing that there are situations where the conventional reorganization … exceptions should not be limited to judicial reorganization or bankruptcy. …
Persistent link: https://www.econbiz.de/10010734715
Persistent link: https://www.econbiz.de/10010863244
This paper analyzes the reorganization procedure introduced into the Chinese bankruptcy system in 2007. It shows that … managers devote more effort during the reorganization than before the bankruptcy when the emergence value of the bankrupt firm … is substantial. In addition, in the pre-bankruptcy period, managers were shown to input less effort under the new law …
Persistent link: https://www.econbiz.de/10010661026
Persistent link: https://www.econbiz.de/10011092458