Best Practices in European Restructuring PDF Download

Author: Lorenzo Stanghellini
Publisher:
ISBN: 9788813370961
Category : Law
Languages : en
Pages :

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Author: Gerard McCormack
Publisher: Edward Elgar Publishing
ISBN: 1789908817
Category : Law
Languages : en
Pages : 319

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This comprehensive book provides a clear analysis of the European Restructuring Directive, which aims to improve national frameworks governing business restructuring and insolvency as well as to provide debt relief for individuals. Gerard McCormack explores the key aspects of the Directive including the moratorium on litigation and enforcement claims against the financially-troubled business, the provision for new financing, the division of creditors into classes, the introduction of a restructuring plan and the rules for approval of the plan by a court or administrative authority.

Author: Ronald van Kempen
Publisher: Policy Press
ISBN: 1861347758
Category : Political Science
Languages : en
Pages : 392

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Book Description
All over Europe post-Second World War large-scale housing estates face physical, economic, social and cultural problems. This book presents the key findings of a major EU-funded research programme into the restructuring of twenty-nine large-scale housing estates in Northern, Western, Southern and Eastern Europe. Policy and practice between and within the ten countries studied - UK, the Netherlands, Sweden, Germany, Poland, Hungary, Slovenia, Italy, Spain, and France - is compared. While existing literature focuses on the negative aspects of large-scale housing estates, this book starts from the premise that the estates can be transformed into attractive places to live and focuses on the possibilities of sustainability and renewal through social, physical and policy actions. Specifically, the book explains the origins and nature of contemporary problems on the estates; examines which policy objectives, measures and processes have had the greatest impact; assesses and compares a wide range of local, regional and national initiatives; discusses current ideas and philosophies, such as 'place making' and 'collaborative planning' that are likely to influence future policy and practice and provides good practice guidance for neighbourhood sustainability and renewal. Written by a multi-national team of experts and drawing on original fieldwork, the book provides unique comparative insights into the present and future position of large-scale housing estates in Europe. Restructuring large-scale housing estates in Europe is an invaluable resource for a wide audience of academics, researchers, students and policy makers in the fields of housing, urban studies, community studies, regeneration, planning and social policy.

Author: Mr.Shekhar Aiyar
Publisher: International Monetary Fund
ISBN: 1513511653
Category : Business & Economics
Languages : en
Pages : 79

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Europe’s banking system is weighed down by high levels of non-performing loans (NPLs), which are holding down credit growth and economic activity. This discussion note uses a new survey of European country authorities and banks to examine the structural obstacles that discourage banks from addressing their problem loans. A three pillared strategy is advocated to remedy the situation, comprising: (i) tightened supervisory policies, (ii) insolvency reforms, and (iii) the development of distressed debt markets.

Author: Chris Brown
Publisher: Routledge
ISBN: 1134864329
Category : Political Science
Languages : en
Pages : 386

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Book Description
A distinguished selection of contributors provide the theoretical background to the restructuring of Europe that is currently underway. It attempts to situate the ethical debates in a historical, legal and constitutional context, considering important and topical issues such as the rights to seccession and self-determination of minorities in Eastern Europe, and the question of whether national movements are justified in using force to achieve their ends. The authors number legal and constitutional scholars, political philosophers and international relations theorists. There are contributions from Poland and Croatia.

Author: Omar, Paul J.
Publisher: Edward Elgar Publishing
ISBN: 1786437473
Category : Law
Languages : en
Pages : 584

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This timely Research Handbook examines the increasingly economically vital topic of corporate restructuring. Reflecting a shift in the global approach to insolvency towards a focus on rescuing viable businesses rather than liquidation, chapters consider all areas of the law closely connected to corporate insolvency, rehabilitation and rescue, as well as the introduction of the EU Preventive Restructuring Directive and other reforms from around the world.

Author: Rodrigo Olivares-Caminal
Publisher: Oxford University Press, USA
ISBN: 9780198706502
Category : Business & Economics
Languages : en
Pages : 0

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This is the first book to provide a complete comparative analysis of expedited corporate debt restructuring alternatives in the European Union. The work considers the different options available to a company facing a distress scenario and focuses on the options that provide expedited solutions to these issues. The techniques considered in full include: (1) out-of-court reorganization or (non-insolvency process-related) private workouts; (2) pre-packaged reorganization plans; and, (3) pre-arranged or pre-negotiated reorganization plans. The merits and suitability of each technique are considered and case studies are used to illustrate these points in each chapter. A considerable feature of the work is the jurisdiction analysis which allows the reader to compare the law and practice related to each method in each of the EU member states. Each country chapter sets out the relevant legal framework, illustrates its practical application and highlights potential problems through the use of case studies. The aim of the book is to work as a toolkit, a first point of reference for anyone dealing with companies in distress in the EU. In addition to the jurisdictional analysis, the thematic chapter provide an introduction to the techniques discussed and cover common issues for all EU jurisdictions.

Author: Mr.Udaibir S. Das
Publisher: International Monetary Fund
ISBN: 1475505531
Category : Business & Economics
Languages : en
Pages : 128

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Book Description
This paper provides a comprehensive survey of pertinent issues on sovereign debt restructurings, based on a newly constructed database. This is the first complete dataset of sovereign restructuring cases, covering the six decades from 1950–2010; it includes 186 debt exchanges with foreign banks and bondholders, and 447 bilateral debt agreements with the Paris Club. We present new stylized facts on the outcome and process of debt restructurings, including on the size of haircuts, creditor participation, and legal aspects. In addition, the paper summarizes the relevant empirical literature, analyzes recent restructuring episodes, and discusses ongoing debates on crisis resolution mechanisms, credit default swaps, and the role of collective action clauses.

Author: Martin Hilb
Publisher: Springer Nature
ISBN: 3030486060
Category : Business & Economics
Languages : en
Pages : 103

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Book Description
This unique open access book features a selection of Living Cases on Corporate Governance, which were developed and compiled by chairpersons, members of the board of directors, and CEOs in various countries, working in close collaboration with prominent researchers. Each Living Case addresses a current issue that a given company or institution needs to resolve. For every Case, the goal is formulated by the researcher, in consultation with the client. The participants of internal or external board seminars, or university students, then work in teams to analyze the problem, develop an innovative and feasible solution, and summarize the most important lessons learned.

Author: Sian Moore
Publisher: Edward Elgar Publishing
ISBN: 1848442831
Category : Business & Economics
Languages : en
Pages : 419

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Book Description
This collection of essays offers a survey of restructuring processes in Europe and their outcomes. . . Given the likelihood of increased dislocation in labor markets, the book is a timely contribution. Recommended. R.L. Hogler, Choice This detailed, comprehensive study on downsizing in Europe is underpinned by cross-national, interdisciplinary empirical research on restructuring management in five European countries: Belgium, France, Germany, Sweden, and the United Kingdom. It contains systematic national comparative overviews, and transversal analyses of more than 30 in-depth case studies, taking into account a broad range of perspectives across professional human resources managers, unions representatives, local and national civil servants, social workers and physicians. The authors examine strategic choices and practices in national and local contexts, showing that the practice of restructuring is not as heterogeneous as many previous studies have indicated or predicted. Systematic policy proposals for better economic and social management of restructuring are also prescribed. This team of well-known economists and social scientists have prepared a book that will appeal to consultants and human resource managers and employees, especially in transnational firms, as well as to students in industrial relations, in labour economics, and in sociology. It will also be of special interest to members of the European Commission and policymakers involved in employment and social affairs.