Restructuring and Insolvency in Europe : Policy Options in the Implementation of the EU Directive /

The Directive on Restructuring and Insolvency sets minimum standards for restructuring and certain insolvency matters, but its harmonization effect will be limited given multiple options for implementation, likely leading to divergent restructuring models in Europe. These options reveal different po...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Garrido, Jose
Muut tekijät: DeLong, Chanda, Rasekh, Amira, Rosha, Anjum
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2021.
Sarja:IMF Working Papers; Working Paper ; No. 2021/152
Aiheet:
Linkit:Full text available on IMF
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245 1 0 |a Restructuring and Insolvency in Europe :   |b Policy Options in the Implementation of the EU Directive /  |c Jose Garrido, Chanda DeLong, Amira Rasekh, Anjum Rosha. 
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520 3 |a The Directive on Restructuring and Insolvency sets minimum standards for restructuring and certain insolvency matters, but its harmonization effect will be limited given multiple options for implementation, likely leading to divergent restructuring models in Europe. These options reveal different policy approaches to the regulation of restructuring and insolvency. The analysis in this paper aims to illustrate the breadth of the policy choices and their consequences for restructuring activity. States should carefully design restructuring procedures to avoid the negative economic effects of certain options that could undermine creditors' rights or result in unpredictable outcomes, particularly in cross-border cases. 
538 |a Mode of access: Internet 
650 7 |a EU Directive  |2 imf 
650 7 |a Foreign Exchange  |2 imf 
650 7 |a Informal Economy  |2 imf 
650 7 |a Restructuring, Insolvency, European Countries  |2 imf 
650 7 |a Underground Econom  |2 imf 
700 1 |a DeLong, Chanda. 
700 1 |a Rasekh, Amira. 
700 1 |a Rosha, Anjum. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2021/152 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2021/152/001.2021.issue-152-en.xml  |z IMF e-Library