European Insolvency Law

European Insolvency Law

Author: Gerard McCormack

Publisher: Edward Elgar Publishing

Published: 2017-01-27

Total Pages: 505

ISBN-13: 1786433311

DOWNLOAD EBOOK

Critically analysing the substantive law of insolvency in the EU countries as a whole, this book carries out horizontal cross-cutting analysis of the data gathered from a study of national insolvency laws. It selects particular areas for detailed discussion and considers the pros and cons of particular legislative solutions.


The European Restructuring Directive

The European Restructuring Directive

Author: Gerard McCormack

Publisher: Edward Elgar Publishing

Published: 2021-04-30

Total Pages: 319

ISBN-13: 1789908817

DOWNLOAD EBOOK

This comprehensive book provides a clear analysis of the European Restructuring Directive, which aims to improve national frameworks governing business restructuring and insolvency as well as to provide debt relief for individuals. Gerard McCormack explores the key aspects of the Directive including the moratorium on litigation and enforcement claims against the financially-troubled business, the provision for new financing, the division of creditors into classes, the introduction of a restructuring plan and the rules for approval of the plan by a court or administrative authority.


Principles of Corporate Insolvency Law

Principles of Corporate Insolvency Law

Author: Royston Miles Goode

Publisher: Thomson Sweet & Maxwell

Published: 2005-01-01

Total Pages: 673

ISBN-13: 9780421930209

DOWNLOAD EBOOK

This text explores in depth the fundamental principles of corporate insolvency law and the many conceptual and analytical problems posed by the legislation and offers both theoretical and practical solutions.


Rescue of Business in Europe

Rescue of Business in Europe

Author: Gert-Jan Boon

Publisher: Oxford University Press

Published: 2020-01-30

Total Pages: 2088

ISBN-13: 019256112X

DOWNLOAD EBOOK

This edited volume is based on the European Law Institute's (ELI) project 'Rescue of Business in Insolvency Law'. The project ran from 2013 to 2017 under the auspices of the ELI and was conducted by Bob Wessels and Stephan Madaus, who were assisted by Gert-Jan Boon. The study sought to design (elements of) a legal framework that will enable the further development of coherent and functional rules for business rescue in Europe. This includes certain statutory procedures that could better enable parties to negotiate solutions where a business becomes financially distressed. Such a framework also includes rules to determine in which procedures and under which conditions an enforceable solution can be imposed upon creditors and other stakeholders despite their lack of consent. The project had a broad scope, and extended to consider frameworks that can be used by (non-financial) businesses out of court, and in a pre-insolvency context. Part I of this book, the ELI Instrument as approved by the ELI Council and General Assembly, features 115 recommendations on a wide variety of themes affected by the rescue of financially distressed businesses, such as the legal rules for professions and courts, treatment and ranking of creditors' claims, contract, corporate and labour law as well as laws relating to transaction avoidance. Part II consists of national reports that sketch the legal landscape in 13 States and of an 'Inventory Report on International Recommendations from Standard-Setting Organisations', both of which provided insight for the drafting of the Instrument. This volume is designed to assist those involved in a process of law reform and those setting standards for soft law in the business rescue context.


Corporate Insolvency Law

Corporate Insolvency Law

Author: Vanessa Finch

Publisher: Cambridge University Press

Published: 2002-09-12

Total Pages: 662

ISBN-13: 9780521626859

DOWNLOAD EBOOK

Vanessa Finch provides an interesting look at corporate insolvency laws and processes. She adopts an interdisciplinary approach to place two questions at the centre of her discussion. Are current UK laws and procedures efficient, expert, accountable and fair? Are fundamentally different conceptions of insolvency law needed for it to develop in a way that serves corporate and broader social ends? Topics considered in this wide-ranging book include different ways of financing companies, causes of corporate failure and prospects for designing rescue-friendly processes. Also examined are alternative asset distribution of failed companies, allocations of insolvency risks and effects of insolvency on a company's directors and employees. Finch argues that changes of approach are needed if insolvency law is to develop with coherence and purpose. This book will appeal to academics and students at advanced undergraduate and graduate level, and to legal practitioners throughout the common law world.


European Company Law

European Company Law

Author: Nicola de Luca

Publisher: Cambridge University Press

Published: 2021-04-15

Total Pages: 599

ISBN-13: 1108843522

DOWNLOAD EBOOK

This successful textbook remains the only offering for students of European company law, and has been fully updated.


European Corporate Law

European Corporate Law

Author: Adriaan F.M. Dorresteijn

Publisher: Kluwer Law International B.V.

Published: 2016-04-24

Total Pages: 380

ISBN-13: 9041185941

DOWNLOAD EBOOK

This fully updated new edition provides the best-known practical overview of the law regarding companies, business activities, and capital markets in Europe, at both the European Union (EU) and Member State levels. It incorporates analysis of recent developments including the impact of global initiatives in such aspects of the corporate environment as regulation of financial institutions and non-financial reporting obligations with a view to sustainability and other social responsibility concerns. The authors, all leading experts in European corporate law, describe current and emerging trends in such areas of corporate law practice as the following: - rules on cross-border mergers; - employee involvement in business activities; - the initiatives by the Organisation for Economic Co-operation and Development (OECD) and the EU to curb tax avoidance; - Member States’ implementation of EU legislation; - a company’s freedom to incorporate in a jurisdiction not its own; - competition among the legal forms of different Member States; and - safeguarding of employee involvement in cross-border transactions. With respect to national law, the laws of Belgium, France, Germany, the Netherlands, Poland, Spain, and the United Kingdom are taken into account; Italy is now included in this new edition. As in earlier editions, the authors demonstrate that analysis and comparison of national corporate laws yield highly valuable general principles and observations, not least because business organizations, wherever located, tend to show a fundamentally similar set of legal characteristics. The Third Edition will continue to be of great value to practitioners and academics who wish to acquire a better understanding of European corporate law, in its supranational dimension as well as in the similarities and differences among the various national legal systems.


Corporate Recovery in an Integrated Europe

Corporate Recovery in an Integrated Europe

Author: Irene Lynch Fannon

Publisher: Edward Elgar Publishing

Published: 2022-05-31

Total Pages: 384

ISBN-13: 9781800887855

DOWNLOAD EBOOK

Exploring the considerable qualitative research conducted by the Judicial Cooperation in Economic Recovery (JCOERE) Project, this book provides a rich analysis of the questions surrounding the contrasting legal traditions and cultures within the European framework. Building on existing research, this book analyses the EU Directive (2019) harmonising 'preventive restructuring' law in all member states of the EU. Embodying a modern approach to business failure involving radical concepts, it examines the imposition of a stay or moratorium, the process of agreeing a compromise of existing debt through cram down and final approval, and ultimately financing the rescued business into the future. These concepts are considered in addition to the obligations imposed on courts through EU Regulation (2015) to cooperate in cross border litigation in insolvency generally. Chapters also provide a critical analysis of legal texts and commentary, studying the development of the Preventive Restructuring Directive (PRD) and domestic preventive restructuring processes. Critically considering the legal initiatives affecting business rescue within broader EU legal context, this book will be an insightful read for EU policy makers and insolvency lawyers and practitioners. Academics and researchers with an interest in European law and EU integration will also benefit from this comprehensive book.


Corporate Liquidity and Solvency in Europe during COVID-19: The Role of Policies

Corporate Liquidity and Solvency in Europe during COVID-19: The Role of Policies

Author: Mr.Christian H Ebeke

Publisher: International Monetary Fund

Published: 2021-03-02

Total Pages: 48

ISBN-13: 1513570919

DOWNLOAD EBOOK

The spread of COVID-19, containment measures, and general uncertainty led to a sharp reduction in activity in the first half of 2020. Europe was hit particularly hard—the economic contraction in 2020 is estimated to have been among the largest in the world—with potentially severe repercussions on its nonfinancial corporations. A wave of corporate bankruptcies would generate mass unemployment, and a loss of productive capacity and firm-specific human capital. With many SMEs in Europe relying primarily on the banking sector for external finance, stress in the corporate sector could easily translate into pressures in the banking system (Aiyar et al., forthcoming).


Commentary on the European Insolvency Regulation

Commentary on the European Insolvency Regulation

Author: Reinhard Bork

Publisher: Oxford University Press, USA

Published: 2016

Total Pages: 0

ISBN-13: 9780198727286

DOWNLOAD EBOOK

This book provides the most detailed article-by-article commentary on the EC Regulation on Insolvency Proceedings, written by a group of experts drawn from several jurisdictions.