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An International view of bankruptcy laws: summary and implications for corporations facing financial distress

Author: Kaiser, Kevin M. J. ; Kaiser, Kristen L.INSEAD Area: Finance Series: Working Paper ; 93/44/FIN Publisher: Fontainebleau : INSEAD, 1993.Language: EnglishDescription: 53 p.Type of document: INSEAD Working Paper Online Access: Click here Abstract: While the current study provides an introduction to the differnt aims and approaches, the difficulty of writing a bankrupcy code that incorporates these aims and provides effective means of achieving them will be daunting. This is evidenced by the fact that the European Community, in spite of several attempts over the two past decades, has been unable to get to even a draft of a bankrupcy code
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While the current study provides an introduction to the differnt aims and approaches, the difficulty of writing a bankrupcy code that incorporates these aims and provides effective means of achieving them will be daunting. This is evidenced by the fact that the European Community, in spite of several attempts over the two past decades, has been unable to get to even a draft of a bankrupcy code

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