. In this Article, I use newly collected data to examine how the reform changed bankruptcy practice. While relatively fewer … the judge's permission. I argue the new law was undermined by institutional weaknesses in Chapter 11, as bankruptcy judges …

The European Insolvency Regulation of 29 May 2000 was designed to ensure that the insolvency laws of EU Member States … which insolvency proceedings can be opened in Member States and supplies rules to regulate the scope and effects of, and the … insolvency in a single set of proceedings, opened in one Member State but effective in others, or at least — in cases where the …

We develop a model in which, in order to provide managerial incentives, it is optimal to have costly bankruptcy. If … aggregate states in which resources lost to bankruptcy in the equilibrium without a government are largest …

industry. We look at how conditional conservatism affects insolvency risk and the financial strength rating of property … find that the greater the degree of conditional conservatism, the lower is insolvency probability, and the better is the …

The "Centre of Main Interests" ("COMI") is one of the most relevant concepts in the international insolvency scene. It … is used as the main criterion to assign jurisdiction in cross border insolvency cases in the vast majority of the … European countries, the United States and every state that has incorporated UNCITRAL's Model Law on Cross Border Insolvency …

' subsidiary liability in case of business entity's insolvency and disability to satisfy the creditors' claims. The article covers …