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. Contrary to the predictions of the existing theory, we find that better judicial enforcement increases the probability of being …
Persistent link: https://www.econbiz.de/10003921866
Economic theory conjectures complementarities between the ranking of creditors in formal insolvency proceedings and the … the insolvency law, like culture and history. …
Persistent link: https://www.econbiz.de/10010425216
The Bankruptcy Code accords much more favorable treatment to lessors than to secured lenders, but legal scholars have yet to identify a normative justification for the disparate treatment of the two transaction types. Law-and-economics scholars have written off the lease/loan distinction as...
Persistent link: https://www.econbiz.de/10013128158
insolvency of some of the relevant parties in the contractual scheme in order to extract the legal implications (both contractual …
Persistent link: https://www.econbiz.de/10013131764
Consumer advocates won a victory with the passage of the Credit Card Accountability Responsibility and Disclosure Act of 2009. (Credit Card Act). The Credit Card Act bans certain pricing practices that were confusing to credit card users. Ironically, the seeds of this legislative victory may...
Persistent link: https://www.econbiz.de/10013116346
extent to which the current regulatory provisions governing the insolvency of the originator and trustee issuer either impede … or facilitate the operation and growth of the RMBS market in Australia. The existing regulation for insolvency of the …
Persistent link: https://www.econbiz.de/10013082321
Since the price peak in 2006, home values have fallen more than 30%, leaving millions of Americans with negative equity in their homes. Until the Supreme Court's 1993 decision in Nobelman v. American Savings Bank, the bankruptcy system would have provided many such homeowners with a remedy. They...
Persistent link: https://www.econbiz.de/10013085570
In dit artikel worden de gevolgen van faillietverklaring voor de onder het stelsel van gemeenschap gehuwde echtgenoot van de gefailleerde en diens schuldeisers geanalyseerd.In this article we analyse the consequences of bankruptcy for the spouse of the spouse declared bankrupt and his creditors
Persistent link: https://www.econbiz.de/10013088036
Dit artikel is een noot onder het arrest van het Hof van Beroep van Gent van 7 mei 1996, met betrekking tot de toepassing van de separatistenpositie van de onbetaalde verkoper van bedrijfsuitrusting bij faillissement.This paper is an annotation to Court of Appeal Ghent 7 May 1996, regarding the...
Persistent link: https://www.econbiz.de/10013076472
The Bankruptcy Code provides tools that are well-suited to addressing and resolving the financial problems faced by the "Big Three" automakers and other "too big to fail" companies ("TBTF Companies"). But Chapter 11 as it presently exists would inevitably impose great harm on vendors and other...
Persistent link: https://www.econbiz.de/10013150333