Results 61 to 70 of about 158,140 (348)
International Insolvency Review, EarlyView.Abstract The United Nations Commission on International Trade Law (UNCITRAL) has produced the most robust international insolvency regime applicable to countries around the world. The Model Law on Cross‐Border Insolvency (1997) is widely accepted and already very popular among African countries.
Pontian N. Okoli
wiley +1 more source
Holding out on restructuring negotiations: A legal analysis over Finnish and Swedish legislation
International Insolvency Review, EarlyView.Abstract This article examines how Finnish and Swedish restructuring laws create opportunities for creditors to hold out on restructuring negotiations. Using Anthony Casey's new bargaining theory and the traditional creditors' bargain model as analytical frames, the study argues that holdouts arise when ex ante rights – particularly security interests,
Anssi Kärki
wiley +1 more source
International Insolvency Review, EarlyView.Abstract This paper conducts a comparative legal analysis of corporate restructuring frameworks in England and Bhutan, examining their capacity to integrate climate variability considerations and promote sustainable business practices. It discusses the procedural mechanisms for restructuring financially distressed enterprises available under the law of
Eugenio Vaccari, Migmar Lham
wiley +1 more source
To be or not to be? The Role of Private Enquiries in the South African Insolvency Law [PDF]
Potchefstroom Electronic Law Journal, 2014 This article analyses the role of the so-called private examinations in our South African insolvency law and deals with the question of whether or not section 417 of the Insolvency Act (Act 24 of 1936) is adequately and effectively framed in order to ...
Yvette Joubert, Juanitta Calitz
doaj +1 more source
Nationalizations and effciency [PDF]
, 2009 We develop a theoretical model in which ?rms are either private or state-owned. When ?rms become insolvent, the government can intervene with general measures, like subsidies, or by nationalizing ?rms.
Crivelli, Ernesto, Staal, Klaas
core +2 more sources
Alternative Price Dynamics and Valuation of Flexible Strategies
International Journal of Finance &Economics, EarlyView.ABSTRACT In this article, we study the optimal operational strategy of production projects. We investigate different underlying price models and determine the optimal barriers of transition to suspension, recovery, or irreversible abandonment of productive activity.
Cristina Bertolosi +2 more
wiley +1 more source
LIQUIDATION PROCEDURE FOR COMMERCIAL ORGANIZATIONS
Вестник Кемеровского государственного университета, 2013 The paper discusses some features of the established legal liquidation procedure for commercial organizations. Basing on the analysis of the legal regulation of liquidation procedure, as well as on the current arbitration court rulings, the author lists ...
V. G. Philippov
doaj
Bank Competition - When is it Good? [PDF]
, 2008 The effects of bank competition and institutions on credit markets are usually studied separately although both factors are interdependent. We study the effect of bank competition on the choice of contracts (screening versus collateralized credit ...
Hainz, Christa
core +2 more sources
Motive and Opportunity: Order Choice in a Limit Order Book With Dispersed Information
International Journal of Finance &Economics, EarlyView.ABSTRACT We test predictions of market microstructure theory relating to the determinants of order choice in a limit order book where information is dispersed among traders. Using an experimental limit order book, with a large state space, we find that informed traders exhibit patience, compatible with the ‘waiting game’ behaviour described in Foster ...
James Steeley +2 more
wiley +1 more source
Heterogeneous Exits: Evidence from New Firms [PDF]
This paper explores heterogeneous exits—bankruptcy, voluntary liquidation, and merger—by focusing on new firms. Using a sample of approximately 16,000 firms founded in Japan during 1997–2004, we examine the determinants of new-firm exit according to ...
Masatoshi Kato, Yuji Honjo
core +3 more sources