Zero-interest green loan programs (ZIGL) are gaining traction to address the tremendous financing needs implied by net-zero emission targets. We provide the first evaluation of such a program, the \emph{Éco-Prêt à Taux Zéro}, introduced in France in 2009 to encourage home energy retrofits....

The aim of this paper is to provide new evidence on the value-creation process taking place in bankruptcy procedures that belong to different legal systems (French civil law, German civil law, and common law): to do so, we assess to which extent the debtor’s value can be preserved under...

Over-indebtedness, defined as the inability for a household to meet both essential living expenses and debt repayments, continues to be a significant phenomenon throughout Europe. The problem plays out differently in various countries depending on the relevant credit market, culture around...

La quatrième de couverture indique : "L'ouverture d'une procédure collective est l'occasion d'un conflit entre protection de l'emploi et survie de l'entreprise. Assurer la pérennité de cette dernière ne peut souvent être réalisé qu'au prix d'une réduction de l'effectif. Ce constat...