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Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a „pre-bankruptcy settlement“ (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as …
Persistent link: https://www.econbiz.de/10012617601
Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a "pre-bankruptcy settlement" (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as …
Persistent link: https://www.econbiz.de/10012600992
Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a "pre-bankruptcy settlement" (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as re …
Persistent link: https://www.econbiz.de/10012603137
Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a "pre-bankruptcy settlement" (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as re …
Persistent link: https://www.econbiz.de/10012603415
I examine the effect of credit default swaps (CDSs) on the restructuring of distressed firms. Theoretically, I show … that if bondholders are insured with CDSs, the participation rate in a restructuring decreases. Using a sample of … likelihood of future bankruptcy. …
Persistent link: https://www.econbiz.de/10010191943
personal bankruptcy and interviews with the judges employed in the bankruptcy and restructuring section of District Courts. The …When a new act on bankruptcy law entered into force on 1 January 2016, it introduced changes in the scope of personal … bankruptcy. The article points to the economic aspects of legal solutions provided for in the new regulation for indebted natural …
Persistent link: https://www.econbiz.de/10012294930
Insolvency systems play a crucial role in protection of creditor rights, yet micro-level empirical evidence on the … functioning of insolvency regimes worldwide is sparse. We investigate whether creditors' recovery of outstanding claims, a measure … of ex-post efficiency of an insolvency regime, depends on the characteristics of the trustee delegated the administration …
Persistent link: https://www.econbiz.de/10011518156
Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a "pre-bankruptcy settlement" (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as re …
Persistent link: https://www.econbiz.de/10012602369
Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a "pre-bankruptcy settlement" (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as …
Persistent link: https://www.econbiz.de/10012614685
Bankruptcy restructuring procedures are used in most legal systems to decide the fate of businesses facing financial … context of Croatia, which introduced a 'pre-bankruptcy settlement' (PBS) process in the wake of the Great Recession of 2007 … effectively delays entry into the standard bankruptcy procedure, leads to a lower rate of survival among debtors as well as …
Persistent link: https://www.econbiz.de/10012622367