, a company has a short 'breathing space' during which it can develop a strategy to address its insolvency. The strategic …

identifying suitable (successful) reorganisation candidates from a pool of distressed companies. Additionally, insolvency experts …’ decisions regarding companies’ prospects in reorganisation are examined. The decision accuracy of insolvency experts was found … be a useful aid to insolvency experts. …

period the nature of the banks’ “safety net”, the sanction of insolvency proceedings has changed too. The effect of this is …

alternative insolvency institution, namely the mortgage system, mean that firms and their creditors mainly deal with credit … provision and eventual insolvency through the latter. However, in order to use the mortgage system, some firms must overinvest …

the Spanish bankruptcy system relative to that of an alternative insolvency institution, the mortgage system, and the …

Spanish insolvency framework …

Paper prepared for presentation at the 7th Industrieforum PelletsStuttgart (Germany), 10th October 2007 …Compared to other heating markets the wood pellets market is quite young and small in Germany. Nevertheless it is a … within the scope of this project. Therefore people in different parts of Germany have been asked about their heating system …

procuring full remuneration throughout the leave period. However, the mandatory maternity leave system in Germany is not an …

of uncertainty measures based on GSOEP data from Eastern (and for comparison purposes also Western) Germany for the years … Eastern Germany during its transition than in Western Germany and had a highly nonlinear effect on the probability of a birth … uncertainty in East Germany in the transition could have contributed significantly to the sharp fall and unusually low level of …