, 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 …