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English Insolvency Law; Does it Have International Respect?
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This 14 page paper critically evaluates the extent to which English insolvency law currently meets the aim to ensure
due recognition and respect abroad for English insolvency proceedings. The paper looks at the different corporate cultures in England, where there has been a creditor bias, compared with Europe and countries such as Germany and France rather than a debtors bias in bankruptcy laws. The paper includes consideration of the Insolvency Act 1986 and how this reflected the market needs of the time, and then looks to the more recent European Council Regulation 1346/2000. This has had the aim of simplifying insolvency proceedings, the paper examines how the English courts have been flexible and compares this to Germany. The bibliography cites 16 sources.
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Pages:
14
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Filename:TS14_TEinsolv.rtf |
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Paper Title:
English Insolvency Law; Does it Have International Respect?
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