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insolvency of a large number of businesses. Recent regulations bring some new administrative and foremost procedures to prevent … insolvency. Thus, borrowers in financial difficulty are able to choose one of the following procedures: ad-hoc mandate and the …
Persistent link: https://www.econbiz.de/10010798209
This paper is intended to be as a blueprint for the state of regulation on insolvency proceedings in Romania regarding … regarding the entities’ insolvency in Romania. Although the reform of the insolvency in the legal system has been initiated … harmonize and to reform is the administrative sector, the issue of creating the legal framework for the insolvency of the …
Persistent link: https://www.econbiz.de/10010798288
the Spanish bankruptcy system relative to that of an alternative insolvency institution, the mortgage system, and the …
Persistent link: https://www.econbiz.de/10010678678
low creditor protection of the Spanish bankruptcy system relative to those of an alternative insolvency institution …, namely the mortgage system, mean that firms and their creditors mainly deal with credit provision and eventual insolvency …
Persistent link: https://www.econbiz.de/10010678693
In the economic context of competitive market of today and from the perspective of European integration, even big companies can get in trouble. Because their executives or managers are not able to deal with difficult issues by taking effective and timely measures, companies may not keep the...
Persistent link: https://www.econbiz.de/10010679487
harmonize the insolvency regulations. Undoubtedly, at the present time the implementation of a unitary insolvency law applicable … harmonized in the matter of insolvency at a European level while the Project of the Global Principles in Insolvency is trying to … lay down the principles that may apply in case of a crossborder insolvency procedure. …
Persistent link: https://www.econbiz.de/10010681296
This article aims to identify and describe some of the advantages that a debtor would have during insolvency … proceedings. Thus we argue that firms in default entered in insolvency can enjoy certain facilities which may finally transform in …
Persistent link: https://www.econbiz.de/10010682825
We examine the financial conditions of dealers that participated in two of the Federal Reserve’s lender-of-last-resort (LOLR) facilities--the Term Securities Lending Facility (TSLF) and the Primary Dealer Credit Facility (PDCF)--that provided liquidity against a range of assets during 2008-09....
Persistent link: https://www.econbiz.de/10010774312
of insolvency as a function of financial indicators, providing regulators and other stakeholders with a set of tools that … would be predictive of future insolvency and perhaps bankruptcy. Design/methodology/approach – Using a database of CCAM …
Persistent link: https://www.econbiz.de/10010592197
than insolvency problem, which requires capital transfers. Despite this predicament, the losses of financial institutions …
Persistent link: https://www.econbiz.de/10010598613