the failure of a financial institution. Adjustments to this system are necessary to improve these incentives …

coordination of claims. In United-Kingdom, we find strong opposition between the liquidation and the reorganization procedures: the …

area. The introduction of a new insolvency law which provided for corporate rescue or reorganization of companies was the … failure of Chinese courts to apply these legal provisions, despite the evidence of widespread corporate failure. In a high … percentage of cases (40 out of 70 reorganization cases), a liquidation committee was appointed as the administrator of the …

claims. In UK, we find strong opposition between the liquidation and the reorganization procedures: the former ones …

Rescuing failing companies in insolvency proceedings has become a common phenomenon for practioners as well as … legislaters. This article examines how the idea of rescue entered the insolvency arena and which principles determine the … proceedings. It will start by first outlining the fundamentals of rescue efforts in insolvency proceedings. From there, the …

provide for a uniform standard of provisions relating to cross border insolvency. It also describes the concept of bankruptcy …, insofar as it applies to corporations, and traces the history of previous attempts made to standardise insolvency laws across …

' subsidiary liability in case of business entity's insolvency and disability to satisfy the creditors' claims. The article covers …