International rescue insolvency regimes
Ditchburn, Mathew
International rescue insolvency regimes - 2009 - Lovells Real Estate Quarterly Summer 2009, 8-10(3) .
International insolvency laws have a distinctly local feel when it comes to rescuing businesses. Each country has its own set of insolvency rules to deal with corporate failures. The UK way is compared to practice in the United States, France, Germany and Spain. The disparity between insolvency laws and the possibility of rescuing a company under its existing management has led to insolvency tourism, particularly in the case of German companies migrating to the UK for insolvency purposes.
ENTERPRISE ACT 2002
LAW OF PROPERTY ACT 1925
UNITED STATES CHAPTER 11 PROCEEDINGS
UNITED STATES BANKRUPTCY CODE
International
International rescue insolvency regimes - 2009 - Lovells Real Estate Quarterly Summer 2009, 8-10(3) .
International insolvency laws have a distinctly local feel when it comes to rescuing businesses. Each country has its own set of insolvency rules to deal with corporate failures. The UK way is compared to practice in the United States, France, Germany and Spain. The disparity between insolvency laws and the possibility of rescuing a company under its existing management has led to insolvency tourism, particularly in the case of German companies migrating to the UK for insolvency purposes.
ENTERPRISE ACT 2002
LAW OF PROPERTY ACT 1925
UNITED STATES CHAPTER 11 PROCEEDINGS
UNITED STATES BANKRUPTCY CODE
International