Creditor protection through mandatory disclosure since long is a highly debated issue among corporate lawyers. This paper considers whether the legal system should compel corporations to disclose information publicly in order to better protect its creditors. First, the paper elaborates on the...

Requiring disclosure of company related information is state of the art in modern company and capital market law legislation. The core question that regulators on national and European levels do have to answer is how far such disclosure regulation should or even can replace mandatory substantive...