Orderly and Effective Insolvency Procedures
Orderly and Effective Insolvency Procedures

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1999-08-02

Total Pages: 108

ISBN-13: 9781557758200

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Written by IMF's Legal Department, this book outlines the key issues involved in designing and implementing orderly and effective insolvency procedures, which play a critical role in fostering growth and competitiveness and may also assist in the prevention and resolution of financial crises. The book draws on lessons learned from firsthand experience by some of the IMF's 182 member countries. It includes an analysis of the major policy choices that countries need to address when designing an insolvency system, a discussion of the advantages and disadvantages of these choices, and a number of specific recommendations.

Insolvency Timing and Managerial Decision-Making
Insolvency Timing and Managerial Decision-Making

Author: Frederik Drescher

Publisher: Springer Science & Business Media

Published: 2013-09-25

Total Pages: 205

ISBN-13: 365802819X

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​Frederik Drescher addresses the timing of non-mandatory insolvency filings based on threatening illiquidity (§ 18 InsO) with the aim of a company's restructuring as an agency problem between owners and management. The hypothesis of a tendency towards delayed insolvency filings, which was developed using a decision model, is experimentally confirmed. Moreover, the author analyzes different incentive instruments potentially leading to earlier insolvency filings.

The Law of Insolvency
The Law of Insolvency

Author: Jabez Franklin Cowdery

Publisher: Forgotten Books

Published: 2017-10-11

Total Pages: 192

ISBN-13: 9780265063460

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Excerpt from The Law of Insolvency: Being the Voluntary and Involuntary Law of California; With Full Annotations and References to the Decisions of the Supreme Court of California, and Other Decisions Applicable; Also an Appendix With Forms Operation of State Laws - That the state laws only Operate upon creditors residing in the state where the debtor resides is aflirmed in Cook v. Mofiat, 5 How. 295. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.