Allocating Decision-Making Powers Among Creditor Classes: The Ups and Downs of Battling Claims Heterogeneity in Czech Corporate Insolvency Law

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F13%3A10295837" target="_blank" >RIV/00216208:11230/13:10295837 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.1017/S1566752912001310" target="_blank" >http://dx.doi.org/10.1017/S1566752912001310</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1017/S1566752912001310" target="_blank" >10.1017/S1566752912001310</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Allocating Decision-Making Powers Among Creditor Classes: The Ups and Downs of Battling Claims Heterogeneity in Czech Corporate Insolvency Law

Popis výsledku v původním jazyce

The problem of claims heterogeneity makes allocating decision-making powers an arduous task for any insolvency law that aims to vest control over corporate insolvency proceedings in the creditors. The Czech Insolvency Act 182/2006 is a case in point. Oneof the Act's chief reform aims was to take control over the proceedings away from the hands of the judges and insolvency trustees and vest it in the creditors. Five years after the Act entered into force, it is time to look at how it succeeded in its ambition. This article reviews the rules allocating decision-making powers between secured and unsecured creditors in relation to several key 'turning points' in Czech insolvency proceedings, and also looks at how the initial rules were interpreted and applied by the insolvency courts. It also points to a set of amendments adopted by the Czech Parliament in the autumn of 2013 with a view to codifying those interpretive approaches that were found to work, as well as reversing those where th

Název v anglickém jazyce

Allocating Decision-Making Powers Among Creditor Classes: The Ups and Downs of Battling Claims Heterogeneity in Czech Corporate Insolvency Law

Popis výsledku anglicky

The problem of claims heterogeneity makes allocating decision-making powers an arduous task for any insolvency law that aims to vest control over corporate insolvency proceedings in the creditors. The Czech Insolvency Act 182/2006 is a case in point. Oneof the Act's chief reform aims was to take control over the proceedings away from the hands of the judges and insolvency trustees and vest it in the creditors. Five years after the Act entered into force, it is time to look at how it succeeded in its ambition. This article reviews the rules allocating decision-making powers between secured and unsecured creditors in relation to several key 'turning points' in Czech insolvency proceedings, and also looks at how the initial rules were interpreted and applied by the insolvency courts. It also points to a set of amendments adopted by the Czech Parliament in the autumn of 2013 with a view to codifying those interpretive approaches that were found to work, as well as reversing those where th

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/GAP403%2F10%2F1235" target="_blank" >GAP403/10/1235: Institucionální reakce na selhání finančních trhů</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2013

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

European Business Organization Law Review

ISSN

1566-7529

e-ISSN

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Svazek periodika

14

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

NL - Nizozemsko

Počet stran výsledku

22

Strana od-do

591-612

Kód UT WoS článku

000331767600005

EID výsledku v databázi Scopus

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