Insolvency Law in Individual Countries
Insolvency regimes around the world have evolved in very different ways, with laws focusing on different strategies for dealing with the insolvent corporate. The outcome of an insolvent restructuring can be very different depending on the laws of the state in which the insolvency proceeding is run, and in may cases different stakeholders in a company may hold the advantage in different jurisdictions.
Read more about this topic: Insolvency
Famous quotes containing the words law, individual and/or countries:
“No. I am not the law in your mind,
the grandfather of watchfulness.
I am the law of your members,
the kindred of blackness and impulse.
See. Your hand shakes.
It is not palsy or booze.”
—Anne Sexton (1928–1974)
“Each individual is more or less dimly aware of his significance, is aware that he’s something innately superior, something eternal—and lives, is obligated to live, in the moment and for the moment.”
—Ivan Sergeevich Turgenev (1818–1883)
“I candidly confess that I have ever looked on Cuba as the most interesting addition which could ever be made to our system of States. The control which, with Florida, this island would give us over the Gulf of Mexico, and the countries and isthmus bordering on it, as well as all those whose waters flow into it, would fill up the measure of our political well-being.”
—Thomas Jefferson (1743–1826)