A Global View of Business Insolvency Systems

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ISBN: 9780821382615

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Year Published:2010
Pages:318

A Global View of Business Insolvency Systems

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The recent crises underscore the need for modern, sophisticated systems to govern the resolution of business distress, in order to maximize value in the distressed estate and to protect economic institutions. This work analyses how legal systems around the world respond to the general default of business debtors. It would be of interest to legal and international policy-makers, academics and advanced students, courts and practitioners dealing with domestic and cross-border insolvency, and anyone seeking to understand or reform insolvency systems.

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