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establishment of an international body for administering transnational insolvency proceedings. It further addresses the UNCITRAL …
Persistent link: https://www.econbiz.de/10014057179
The purpose of this article is to analyze cross-border insolvency as an example of "transnational law", in the sense of … Model Law on Cross-Border Insolvency and in the EU Regulation on Insolvency Proceedings …
Persistent link: https://www.econbiz.de/10014181438
For a long time, the European insolvency laws have been considered as country-specific regulations, entirely focused on … supranational legal sources. But the European Union (E.U.) law has gradually modified the approach to insolvency proceedings. The E ….U. approach to the harmonization of national laws on insolvency proceedings has been twofold. Initially, the E.U. legislature has …
Persistent link: https://www.econbiz.de/10014260794
Persistent link: https://www.econbiz.de/10011906556
The financial crisis has led to a reconsideration of banks' global business models. Using a dataset derived from the BIS banking statistics, this paper studies the geography of global banking. It distinguishes between “international” and “multinational” banks, their respective funding...
Persistent link: https://www.econbiz.de/10013081436
Did policy interventions contribute to the gradual segmentation of lending markets starting with the 2007 - 2008 global financial crisis? We investigate this question in an international Cournot duopoly model under an equity constraint. Two symmetric multinational banks compete for corporate...
Persistent link: https://www.econbiz.de/10012240769
This paper investigates the effect of reforms of insolvency regulations on cross-border debt and equity investments at …-indicators on the efficiency of insolvency regulations, we find that investors prefer to invest more in countries with more efficient … insolvency frameworks. The effect, however, differs across sectors, with households and institutional investors being …
Persistent link: https://www.econbiz.de/10014099678
This article examines the tension in Australia between the insolvent trading prohibition and the voluntary administration regime provided for in the Corporations Act. The tension exists since the former seeks to prosecute directors for incurring debts that the company cannot pay whereas the...
Persistent link: https://www.econbiz.de/10013138126
' subsidiary liability in case of business entity's insolvency and disability to satisfy the creditors' claims. The article covers …
Persistent link: https://www.econbiz.de/10013083568
Cross-border insolvency has been an intractable and growing problem given increasing trade globalisation. When … more receptive than others to recognition of foreign creditors and insolvency representatives. Most, at the very least …
Persistent link: https://www.econbiz.de/10014166643