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Secondary Insolvency Proceedings
2022Abstract This chapter expounds on how the Insolvency Regulation permits the opening of territorial proceedings conducted parallel to main proceedings. It includes how it would change the concept of universality through the existence of secondary proceedings, which serves the purpose of affecting assets within the Member State.
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The Digitalization of Insolvency Proceedings
International Insolvency ReviewAbstractDespite the international divergences existing in the design of insolvency law, there is a common feature of insolvency proceedings that, to a greater or lesser extent, is somehow universal: insolvency proceedings are generally costly and lengthy processes.
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Belgium: Insolvency Proceedings
1984Belgian commercial law includes a number of proceedings, applicable only to traders, relating to concerns in financial difficulties. Fredericq states: Bankruptcy is of exclusive nature, in the sense that it is the only legal system applicable to traders who have become insolvent. A trader, legally speaking, is never in a state of insolvency.
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The ancillary insolvency proceeding
International Insolvency Review, 2010AbstractThe main legal acts on International Insolvency Law (the European Regulation, the UNCITRAL Model Act and the European Convention on Certain International Aspects of Bankruptcy) lay down several local proceedings with substantive effects as regards the debtor, the distribution of proceeds and the ranking of claims.
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2019
Abstract This book develops a normative foundation and framework for pre-insolvency proceedings. The book features a comprehensive discussion of the key principles underlying restructuring proceedings and explains the purpose of, and justification for, pre-insolvency proceedings.
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Abstract This book develops a normative foundation and framework for pre-insolvency proceedings. The book features a comprehensive discussion of the key principles underlying restructuring proceedings and explains the purpose of, and justification for, pre-insolvency proceedings.
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Netherlands: Insolvency Proceedings
1984In Dutch law there are two types of insolvency proceedings, that is: (a) bankruptcy (faillissement) (b) legal moratorium (surseance van betaling) Both proceedings are ruled by the Dutch law on bankruptcy (Faillissementswet: law from 30 September 1893, in force from 1 September 1896), which contains the rules for ...
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France: Insolvency Proceedings
1984The last decade has seen greater attention focussed on the insolvency proceedings of judicial settlements, liquidations of assets and temporary stays of action, and on insolvency administrators. Many have suddenly become inspired with the subject and numerous articles have appeared, some of them bewildering and often revealing an utter lack of ...
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Proceedings of the 2018 10th International Conference on Machine Learning and Computing, 2018
The Czech Insolvency Register launched in 2008 covers recently about 200000 insolvency proceedings. A lot of information it stores about the debtors is provided in structured form and is easily accessible. Further information, e.g., about the amount of debt or the reasons for it, is, however, contained only in scanned document copies attached to the ...
Iveta Mrázová, Peter Zvirinsky
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The Czech Insolvency Register launched in 2008 covers recently about 200000 insolvency proceedings. A lot of information it stores about the debtors is provided in structured form and is easily accessible. Further information, e.g., about the amount of debt or the reasons for it, is, however, contained only in scanned document copies attached to the ...
Iveta Mrázová, Peter Zvirinsky
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Proceedings, Dissolution, and Insolvency
2007Abstract This chapter covers two topics: (i) proceedings in which a Group Company is, or is likely to be, involved; and (ii) whether any Group Company is in the stages of being dissolved or has become insolvent. Proceedings are not limited to litigation in the People’s court but also include arbitration and administrative proceedings ...
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1984
The principles of Italian bankruptcy law are to be found in the general rules on patrimonial responsibility, by which (Article 2740 of the Italian Civil Code, at present in force) the debtor must try to meet his debts with all present and future assets, while his creditors have the same right to be paid out of the debtor’s said assets, except where ...
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The principles of Italian bankruptcy law are to be found in the general rules on patrimonial responsibility, by which (Article 2740 of the Italian Civil Code, at present in force) the debtor must try to meet his debts with all present and future assets, while his creditors have the same right to be paid out of the debtor’s said assets, except where ...
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