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The European Insolvency Regulation of 29 May 2000 was designed to ensure that the insolvency laws of EU Member States … could operate effectively and efficiently in cross-border cases. To achieve this, the Regulation limits the circumstances in … which insolvency proceedings can be opened in Member States and supplies rules to regulate the scope and effects of, and the …
Persistent link: https://www.econbiz.de/10012992874
imposed on courts in the Recast Regulation 848/2015 to co-operate in insolvency matters. Focussing on restructuring and rescue … European judiciary at large in how such matters could be dealt with in cross-border insolvency cases …
Persistent link: https://www.econbiz.de/10013219593
Since 2011, the European legislator has taken a new course of action on business failure and insolvency. For a long … time, substantive harmonisation was considered unfeasible in the area of insolvency law, however, the developments over the … Insolvency Law'. In part three some observations will be made with regard to the recent developments in the EU, including a …
Persistent link: https://www.econbiz.de/10012869254
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Private regulation has become a highly debated phenomenon. Previous research has focused mostly on the effectiveness … regulation at the European level, where only questions of interest representation have attracted attention. Analyses of the … contribution of private regulation to the process of European legal integration, in particular, are lacking. We seek to fill this …
Persistent link: https://www.econbiz.de/10014150144
The paper conducts a critical review on the issue of applicable law in cross-border securities transactions, focusing on the issue of interests in securities in cross-border exchanges. We present the European regulatory framewrok and the european efforts for the harmonisation of the applicable...
Persistent link: https://www.econbiz.de/10013142063
In 2005, the perception that wealthy executives were being rewarded for failure led Congress to ban Chapter 11 firms from paying retention bonuses to senior managers. Under the new law, debtors could still pay bonuses to executives – but only “incentive” bonuses triggered by accomplishing...
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