Showing 1 - 10 of 3,128
Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a „pre-bankruptcy settlement“ (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as …
Persistent link: https://www.econbiz.de/10012617601
Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a "pre-bankruptcy settlement" (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as …
Persistent link: https://www.econbiz.de/10012600992
Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a "pre-bankruptcy settlement" (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as re …
Persistent link: https://www.econbiz.de/10012603137
Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a "pre-bankruptcy settlement" (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as re …
Persistent link: https://www.econbiz.de/10012603415
I examine the effect of credit default swaps (CDSs) on the restructuring of distressed firms. Theoretically, I show … that if bondholders are insured with CDSs, the participation rate in a restructuring decreases. Using a sample of … likelihood of future bankruptcy. …
Persistent link: https://www.econbiz.de/10010191943
Insolvency systems play a crucial role in protection of creditor rights, yet micro-level empirical evidence on the … functioning of insolvency regimes worldwide is sparse. We investigate whether creditors' recovery of outstanding claims, a measure … of ex-post efficiency of an insolvency regime, depends on the characteristics of the trustee delegated the administration …
Persistent link: https://www.econbiz.de/10011518156
Many countries' insolvency systems focus on restructuring financial liabilities, and ignore operational liabilities … such as leases and long-term supplier contracts. We model insolvency procedures with and without operational restructuring … operating restructuring is a key aspect of insolvency. …
Persistent link: https://www.econbiz.de/10014393394
regional instability. The importance of out-of-court restructuring alternatives lies on their expediency and, to a certain … restructuring in Latin America by providing a thorough up to date regional analysis on pre-packs, pre-negotiated deals and private … workouts. The use of expedited debt-restructuring alternatives allows debtors and creditors to negotiate the terms of an …
Persistent link: https://www.econbiz.de/10011294512
-Packaged-Plan ; Eigenverwaltung ; insolvency ; bankruptcy code ; liquidation ; liquidator ; insolvency plan ; chapter 11 plan ; Pre-Packaged-Plan …The paper analyses options in case of insolvency. Although insolvency plans empirically are very successful, they are …
Persistent link: https://www.econbiz.de/10003948384
bankruptcy for qualified financial contracts (QFCs) such as derivatives and repurchase agreements, particularly those held by … systemically important major dealer banks. Under current U.S. bankruptcy law, these contracts are exempted from the automatic stay …
Persistent link: https://www.econbiz.de/10009504439