INEFFICIENCY OR USELESSNESS? THE PRACTICAL AVATAR OF REGULATING THE PREVENTIVE CONCORDAT AND THE AD HOC MANDATE

The present paper deals with the notions of efficiency and efficacy in the field of commercial law, especially in insolvency law. The author proves that the effectiveness of a commercial law mustn’t merely state that this norm is indeed made use of in practice, when there are no other alternative ways. The very small number of trials on the preventive concordat and the ad hoc mandate shows that its Act is inefficient, not useless.

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Year of publication:	2013
Authors:	POPOVICI, Paul
Published in:	Curentul Juridic, The Juridical Current, Le Courant Juridique. - Facultatea de Ştiinţe Economice, Juridice şi Administrative. - Vol. 53.2013, June, p. 141-144
Publisher:	Facultatea de Ştiinţe Economice, Juridice şi Administrative
Subject:	insolvency \| preventive concordat \| ad hoc mandate \| efficiency \| inefficiency \| uselessness

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Extent:	application/pdf
Type of publication:	Article
Classification:	K22 - Corporation and Securities Law
Source:	RePEc - Research Papers in Economics

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