A global view of business insolvency systems /

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 o...

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Bibliographic Details
Online Access: Full text (MCPHS users only)
Other Authors: Westbrook, Jay Lawrence
Format: Electronic eBook
Language:English
Published: Washington, D.C. : Leiden ; Boston, Mass. : World Bank ; Martinus Nijhoff, 2010
Series:Law, justice, and development.
Subjects:
Local Note:ProQuest Ebook Central

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245 0 2 |a A global view of business insolvency systems /  |c Jay Lawrence Westbrook, editor and senior author [and others]. 
260 |a Washington, D.C. :  |b World Bank ;  |a Leiden ;  |a Boston, Mass. :  |b Martinus Nijhoff,  |c ©2010. 
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490 1 |a Law, justice, and development series 
504 |a Includes bibliographical references (pages 267-276) and index. 
505 0 |a 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. 
520 |a 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. 
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650 0 |a Bankruptcy. 
650 0 |a Corporate reorganizations. 
650 0 |a Debtor and creditor. 
700 1 |a Westbrook, Jay Lawrence. 
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