Formal insolvency law proceedings are usually collective and centralised in nature, overriding certain pre-insolvency agreements in order to achieve specific down objective(s) for the benefit of all creditors. In contrast, arbitration favours privity of contracts and party autonomy. Parties'...

This study aims to predict the potential bankruptcy of the Regional Water Company in Indonesia. The research data is the PDAM’s financial statements in 2015 and the performance evaluation data of PDAM in 2016. The method used in this research is discriminant method and theory of conditional...

Many western states are on the verge of bankruptcy, with debts exceeding assets. And yet, they continue to take on additional debt through contracts and other commitments. Although this distress sounds like an outgrowth of the 2008 recession, this crisis involves water, not money. In particular,...

This book presents empirical research that addresses the latest issues and innovative products in Islamic banking and finance around the world. Chapters from expert contributors cover a wide range of topics, including the various issues in stock markets, an overview of takaful, a roadmap for...