Insolvency proceedings and issues relating to personal and business insolvencies are the daily subject of scholarly … work and insolvency practice. But what is an insolvency proceeding? And why is this an important question? This article … normative, i.e. it seeks to shape insolvency policy and lawmaking. Existing approaches to the regulatory problem examined in …

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 …

' homogeneity, and widespread market reliance on these signals. Current scholarship on CRA regulation blames policymakers …. Standardizing methodologies or setting up a public CRA could reinforce ratings' homogeneity. Replacing ratings in regulation with …