Introduction -- Systems for the enforcement of debt -- Corporate insolvency legislation -- Corporate rehabilitation proceedings -- Informal workouts and restructuring -- Employee rights in insolvency -- Judicial and administrative institutions -- Cross-border considerations
Summary
We live in an age of economic turmoil. The recent crises emphasize the need for modern, sophisticated rules to govern businesses in financial distress in order to realize value from distressed companies and to protect economic institutions. Guided by the World Bank's Principles and Guidelines on International Insolvency, we have assembled, compared and analysed the legal principles and institutions of many different jurisdictions. Our goal is both practical and scholarly. Our work supplements the Legislative Guide of the UN Commission on International Trade Law by providing extensive analysis
Bibliography
Includes bibliographical references (pages 267-276) and index
