Education has already been given the authority “compromise, waive, or release” its claims against students, and nothing under …

For a long time, the European insolvency laws have been considered as country-specific regulations, entirely focused on … supranational legal sources. But the European Union (E.U.) law has gradually modified the approach to insolvency proceedings. The E ….U. approach to the harmonization of national laws on insolvency proceedings has been twofold. Initially, the E.U. legislature has …

also highlighted the importance of insolvency systems to resolve corporate sector financial distress. The literature and … investigate the effects of specific design features of insolvency regimes in relation to the quality of the countries' overall … system. These findings suggest that there are important incentive effects of insolvency systems encouraging less risky …