This paper analyses the dynamics of personal insolvencies in Germany and the UK, focusing on the recent recession … different approaches to deal with overindebted individuals. In Germany unfortunate households who file on their debt are … discharged relatively fast. In line with their different insolvency procedures, the two countries also represent two different …

Economic theory conjectures complementarities between the ranking of creditors in formal insolvency proceedings and the … paper we seek evidence for the-se hypotheses taking France and Germany as examples which differ significantly concerning the … the insolvency law, like culture and history. …

The macroeconomic determinants of banking sector distresses in the Nordic countries, Belgium, Germany, Greece, Spain …

Germany or the United Kingdom. We empirically analyze different factors affecting follow-up funding and firm failure. The …

This chapter deals with fundamental issues of corporate insolvency law. Particular attention is paid to the agency … structure of the chapter follows the issues as they arise in time in a corporate insolvency proceeding: objectives of insolvency … (corporate) insolvency laws. In terms of jurisdictions, the chapter mainly draws on the corporate insolvency laws in the US …

extent the debtor’s value can be preserved under bankruptcy by analyzing the recovery rates in France, Germany, and the …) France and Germany show quite similar global recovery rates which are greater than in the UK, (b) when controlling for the … significantly different between France and the UK, while they remain greater for German companies, (c) Germany has the greatest …