important role in restructuring. Insolvency leads to formal bankruptcy when legal procedures are employed to liquidate the … restructuring of an insolvent firm is handled informally through negotiation. The economic roles of insolvency procedures are … discussed (in Section 2) with an emphasis on dynamic aspects. In discussing the efficiency of insolvency procedures (in Section …

of the relationship were designed for the US economy, authors suggest a new theory of accommodation through insolvency …

introduce a new approach for empirically estimating the efficiency of bankruptcy legislation based on the cost of banking credit …

analysis underscores the importance of institutional arrangements in determining the size and fragility of household credit …

Unsecured creditors in the insolvency of the debtor's creditors are those who do not have collateral security against … to persons benefiting from collateral. The secured creditor's secured claim in the insolvency procedure is given by the … value of collateral assessment arising after the opening of insolvency proceedings the debtor. These special legal …

Insolvency belongs to the basic indicators representing financial situation of practically all enterprises. In spite of … performed the analysis of data indicating insolvency of the EU countries for year 2012. Within our statistical meta-analysis, we … the structure of their insolvency indicators, the countries were divided into three basic groups. The obtained …